Uptake Recognized as a Cool Vendor in Gartner’s “Cool Vendors in AI Applications for IoT” Report

Leading analyst firm acknowledges innovative companies in AI applications for IoT market

CHICAGO — October 30, 2018 — Industrial AI and IoT software leader, Uptake, has been recognized as a Cool Vendor in Gartner’s October 2018 report, “Cool Vendors in AI Applications for IoT,” by Mark Hung.*

The report acknowledges, “Emerging AI applications for IoT are enhancing operational efficiencies, improving customer engagement and creating new revenue streams,” and states, “Enterprise architecture and technology innovation leaders should take advantage of a new crop of innovative startups to address this growing market segment.”

In the report, Hung says, “AI and IoT have received an inordinate amount of interest from across the technology supply chain in the past few years. From semiconductor suppliers to cloud service providers, technology vendors are making the investments and reaping the rewards.”

Uptake helps industrial businesses across a range of industries energy, oil & gas, manufacturing, transportation and more turn data into insights. The company applies AI and machine learning to transform the mountains of machine data these businesses already have into valuable outcomes like increased uptime, reliability and output. Uptake is independent of any OEM and therefore can generate predictions and recommendations on assets regardless of the manufacturer.

“Uptake is turning industrial leaders into AI-powered digital businesses that run on data,” said Ganesh Bell, Uptake president. “Our unique approach of combining Uptake’s platform, applications and industry-specific curated content helps our customers go beyond improving asset reliability and availability to unlock new revenue channels. Being recognized as a Cool Vendor by Gartner is encouragement for us to keep raising the bar.”

The information provided in the report is of value to any industrial business looking to accelerate their digital transformation journey, regardless of how far along the path they are.

Disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

ABOUT UPTAKE As a leading provider of artificial intelligence and IoT software for industrial companies, Uptake combines data analytics and machine learning with deep industry knowledge to unlock the power of data for the global industrial sector. Headquartered in Chicago, with offices in Silicon Valley, Toronto and Dubai, Uptake works with industrial customers of all sizes across the globe to use software and data to reimagine their industry.

* Gartner Cool Vendors in AI Applications for IoT, Mark Hung, October 15, 2018