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
• Uptake APM will be showcased at IOT Solutions World Congress Oct.16-18 in Barcelona (Booth #D470)

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.

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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

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Uptake APM provides outcome-driven insights based on a flexible application framework that includes three core modules:

PREVENT

Optimize maintenance strategies with data-backed action plans. Determine why, where and how assets might fail using root-cause analysis, failure mode and effects analysis, and historical work order data.

MONITOR

Monitor all of your assets to make the best maintenance decisions for your business. Capitalize on recommendations based on real-time asset conditions plus historical asset data.

PREDICT

Unlock new operational efficiencies by making proactive maintenance decisions based on predictive insights. Asset-centric and fleet-wide visualizations show how KPIs impact your business.

“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.”

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