Posted to News on 25th Jul 2017, 10:50
Panduit and Uptake to deliver actionable data analytics
Panduit and Uptake have announced an agreement to bring actionable insights to customers in manufacturing and industrial process businesses based on Uptake's Software-as-a-Service products. Panduit's IntraVUE and SynapSense edge data collection capabilities and Uptake's predictive analytics product suite and advanced data science capabilities will provide a powerful system delivering actionable manufacturing plant condition monitoring analytics.
Uptake, a 2017 World Economic Forum Technology Pioneer, offers machine learning-based products that improve productivity, reliability, safety and cybersecurity to industrial companies.
Tom Donovan, President and CEO of Panduit says: "Uptake's industry-focused insights and predictive analytics will enable Panduit to deliver great value to our customers. The ability to increase the uptime of manufacturing plants means increased efficiency and productivity for our customers, which naturally results in greater output. This relationship with Uptake opens new value terrain that is highly complementary to our network infrastructure offering."
Uptake cofounder and CEO Brad Keywell adds: "Panduit is a leader in physical network infrastructure, and we are believers that the network has become the backbone of the modern factory. Enabling industrial and manufacturing customers with the ability to leverage operational information insights and predictive analytics, will ultimately generate significant cost savings and improve productivity, reliability, safety and security."
Panduit's delivery of information and operational infrastructure technology with Uptake's enablement of data-driven business models will deliver measurable value from customer data to help improve business performance. For more information visit www.panduit.com and www.uptake.com.
Want the latest machine building news straight to your inbox? Become a MachineBuilding member for free today >>
