Is this Digging Machine Real?

First, I will need to see this in person before I believe it. This is a German made digging machine designed by Krupps. This is the worlds larges moving vehicle. My question is why do you need to have the digging machine move from job to job as is hinted upon in the article? I don’t know how to verbalize this, but if this thing is real, it seems like bad design simply because it appears to take existing technology to the extreme without speculating more novel and smaller and more efficient solutions. Then again, I may be talking shit.
World’s Largest Digging Machine Is Huge – Geekologie

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