Crain’s Chicago Names Uptake to 2020 Most Innovative Companies List

Recognized for 33 U.S. patents and creating advanced analytics solutions for asset-intensive industries, Uptake claims #2 on this year’s list

CHICAGO, IL — October 23, 2020 — Uptake has been named #2 on the ninth annual Crain’s Chicago Business Most Innovative Companies List. Based on an independent review of patent output and quality, Uptake ranked among Chicagoland’s top companies conducting research and developing cutting-edge products. With 33 U.S. patents to date — fifteen of which were granted in 2019 — Uptake is leveraging artificial intelligence (AI) and machine learning (ML) to deliver asset management products that enable operators of heavy equipment to make data-driven decisions that mitigate risk, optimize maintenance strategies, reduce costs, and enhance safety and sustainability.

“Our 33 patents span across data science and industry-specific inventions and are incorporated in the products we deliver,” shared Brad Keywell, Founder & CEO of Uptake. “Since our founding in 2014, we’ve been building products that empower our customers to tackle challenges to asset maintenance and reliability. Research and development are foundational to our commitment to our customers as we help them solve their toughest operational challenges.”

Uptake President Kayne Grau added, “We’re thrilled to be recognized on this year’s list, and you can expect to see additional inventions and patents coming from Uptake. Our product suite will always reinforce our ability to be the market leader, providing superior value to heavy industry.”

This recognition from Crain’s Chicago comes as Uptake recently announced its expanded deployment with Berkshire Hathaway Energy Renewables and MidAmerican Energy Company. The company also recently released a new SaaS product, Uptake Scout, and launched into its twentieth country, providing advanced analytics to the trucking, rail, and wind sectors in India.

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ABOUT UPTAKE
Uptake is the intelligence system for industrial assets. Providing an AI-driven asset performance management solution, Uptake gives all departments—maintenance, reliability, and operations teams—a single, shared view of every asset in an operation. With the power of machine learning (ML) and artificial intelligence (AI), Uptake helps customers predict and prevent asset failures and unplanned downtime. Driven by powerful data science models, our products deliver insights that mitigate risk, optimize maintenance strategy and asset performance, reduce costs, and enhance safety. With 33 patents and recognized for leadership in industrial IoT (IIoT) by the World Economic Forum, CNBC and Forbes, Uptake is headquartered in Chicago with presence in Canada, South America, Europe, India, and Australia. To stay up-to-date on what we’re doing, visit us at www.uptake.com and follow us on Twitter and LinkedIn.