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Uptake Unveils Next Generation, AI-Enabled Asset Performance Management Solution
Powered by Uptake's purpose-built platform, Uptake APM accelerates digital transformation and delivers outcomes for industrial businesses whether assets are connected or not
By: PR Newswire
Oct. 11, 2018 09:30 AM
CHICAGO and BARCELONA, Spain, Oct. 11, 2018 /PRNewswire/ -- Machines don't have to break. Uptake APM plays a critical role in keeping them from doing so.
As the industrial AI and IoT software leader, Uptake is redefining the Asset Performance Management (APM) category with its next release of Uptake APM. An interoperable SaaS solution that complements and coexists with customer's current investments, Uptake APM builds on what was formerly known as Asset Perform, a proven product used by dozens of customers across major industrial sectors.
Uptake APM also integrates key features of what was formerly Asset Performance Technologies' Preventance APM, including the Asset Strategy Library (ASL) — the world's most comprehensive database of industrial content including equipment types, failure mechanisms and maintenance tasks. Uptake acquired the ASL through its April acquisition of Asset Performance Technologies of which research firm IDC said, "The acquisition has the potential to upend the APM market."1 The resulting powerful combination of deep operational and equipment knowledge with predictive analytics is what LNS Research said positions Uptake as a "potential APM 4.0 market disruptor."2
Uptake APM gives a holistic view of the entire asset environment, providing visibility into assets whether they're connected with sensors or not, and equips the industrial workforce with the tools they need to make smarter decisions, faster. The product delivers outcomes based on improved operational performance including uptime, reliability and output.
MOVING METRICS THAT MATTER TO CUSTOMERS NO MATTER WHERE THEY ARE ON THEIR DIGITAL JOURNEY
"AI and IoT are foundational to true digital transformation of industries, and Uptake APM is the fastest way for asset-intensive industrial companies to get started, save money and increase revenues," said Uptake president, Ganesh Bell. "Our unique combination of purpose built platform + apps + curated data is helping customers go beyond legacy APM to ecosystems of connected assets and operations that continuously learn and get smarter."
UPTAKE PLATFORM GETS ENTERPRISES TO OUTCOMES FASTER, MORE INTENTIONALLY AND SEAMLESSLY
An approach like no other enterprise software solution in the market today, Uptake's platform is geared to harness the value of a data-first world. Users can set-up and configure their platform environment in minutes, meaning rapid time to value. Uptake's knowledge from across industries and assets makes the user experience intuitive, and the predictions powerful.
1 IDC, "Industry View on Uptake and APT APM", Doc #: US43785018, May 2018.
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