The expertise of Thomas Sweet, chief financial officer of Dell Technologies, will be invaluable to Trimble as it implements its long-term growth strategy, says Trimble's CEO.

A significant upgrade to CenterPoint RTX, Trimble’s centimeter-level correction service, is lowering the barrier to entry for precision farming operations. In the past, farmers had to choose between performance and ease of use, but with this new upgrade to CenterPoint RTX, they can have both.  

Trimble has made significant improvements to its Trimble CenterPoint RTX correction service to give farmers the ease of use of the satellite-delivered corrections and RTK horizontal performance in less time. With improved convergence of up to 75%, farmers using the Trimble NAV-900 controller for machine guidance applications can now begin working in the field with 2.5 centimeter accuracy in less than 5 minutes.

Trimble reported a record third quarter total revenue of $901 million in 2021, up 14% year over year. The technology company's annualized recurring revenue is $1.36 billion, up 8% and 11% on an organic basis.

With remote support tools, I can solve problems with precision equipment over the phone in minutes and only bill for that short amount of time, rather than the phone time plus hours of travel to the grower's location. With such a huge time and cost savings, why aren’t more dealerships and their customers choosing remote support?