GENEVA and CHICAGO, June 14, 2017 /PRNewswire/ -- Fast-growing predictive analytics company, Uptake, announced today it has been selected among hundreds of candidates as one of the World Economic Forum's "Technology Pioneers," a selection of the world's 30 most innovative companies.
Founded in July 2014, Uptake has quickly made its mark on the industrial sector, serving as the analytics and predictive software provider for global businesses in energy, construction, aviation, mining, rail and more. Uptake's platform collects and analyzes massive amounts of data captured from industrial equipment and infrastructure, recommending detailed insights and recommended actions in real-time that helps improve performance, reliability and security. This facilitates the creation of new data-driven business models for customers, equating to a greater competitive edge.
The World Economic Forum's Technology Pioneers community comprises early-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.
Following Uptake's selection as Technology Pioneer, Cofounder and CEO, Brad Keywell, will be participating in the World Economic Forum Annual Meeting of the New Champions. This meeting, also dubbed "Summer Davos" will be held in Dalian, China, June 27-29. Many Pioneers will also attend the Annual Meeting in Davos, in January 2018, and continue to participate in dedicated Technology Pioneer community events over the course of the next two years.
"We welcome Uptake to this group of extraordinary pioneers," says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. "By bringing together connected information in real-time, Uptake's platform increases productivity and reliability through previously untapped data. Uptake's meteoric growth is a testament to the appetite for these actionable data insights."
"The Fourth Industrial Revolution, a concept born from the World Economic Forum, is unfolding before our eyes," said Brad Keywell, Uptake Co-founder and CEO. "Across the world, billions of people and machines are connected to each other. Through groundbreaking technology, unprecedented processing power and speed, and massive storage capacity, data can be collected and harnessed like never before. At Uptake, we're leading this revolution with our data-driven approach to disrupting how industries and people work. We put products and solutions in action through predictive analytics and insights, helping companies use their own data for the most important decisions."
The Technology Pioneers were chosen by a selection committee of more than 60 academics, entrepreneurs, venture capitalists and corporate executives. Notable members of the committee include Geoffrey Moore (Adviser, Geoffrey Moore Consulting, USA), Yossi Vardi (Chairman, International Technologies, Israel) and Lee Sang-Yup (Distinguished Professor and Dean, Korea Advanced Institute of Science and Technology, Republic of Korea). The committee based its decisions on criteria including innovation, potential impact and leadership. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Scribd, Spotify, Twitter and Wikimedia.
Uptake is a predictive analytics platform that delivers actionable insights to the industrial sector. Leveraging partnerships with major global businesses in construction, energy, rail, agriculture, aviation and more, our products and solutions apply cross-industry data science to produce high-value output and measurable results. For more information, visit uptake.com.
About World Economic Forum
The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. For more information, visit www.weforum.org.