CHICAGO, February 23, 2021 / PRNewswire / – Adoption announced that it has signed a partnership agreement with Wipro Limited (NYSE: WIT), (BSE: 507685), (NSE: WIPRO), a leading global information technology, consulting and business process company, to provide industry intelligence to the service industries utilities, chemical processing, and oil and gas. The partnership merges Uptake’s advanced analytics software with Wipro’s consulting and implementation services to equip asset-intensive operators with digital tools for optimized maintenance and predictive analytics.
“Integrating multiple data sources and generating actionable insights is essential for businesses to grow and become smart businesses. By combining Wipro’s experience in Reliability Centered Maintenance (RCM) and Asset Performance Management (APM) with Uptake’s proprietary Asset Strategy Library® (ASL®), we will help heavy processing and energy customers to optimize their inspection and maintenance processes. We look forward to working with our mutual customers to achieve improvements in security, asset reliability, risk mitigation and overall cost reduction, ”said Arnab sarkar, Global Head, Energy Manufacturing Practice, Wipro Limited.
The Asset Policy Library (ASL), the world’s largest source of asset failure modes and maintenance strategies, covers more than 800 of the most common critical assets with more than 58,000 universal failure modes and over 178,000 reported conditions as found. ASL provides information on how and why critical assets and their components fail, and preventive maintenance (PM) strategies to avoid failures. ASL and its associated equipment strategies generated by Adoption PM Strategy Explorer, give operators access to recommendations and best practices organized by experts. The two components, in turn, power the maintenance strategy engine, Absorption compass, which automatically cleans work order data to optimize maintenance schedules.
“Asset-heavy businesses face complex challenges in legacy OT and IT systems, sustainability issues, and skills shortages that can be managed with predictive maintenance,” said André Soignier, vice president of product development at Uptake. “Uptake’s partnership with Wipro will facilitate the adoption and use of our advanced analytics products by businesses around the world. ”
Uptake’s partnership with Wipro comes as the industrial AI company recently announced its acquisition of ShookIOT, a leader in cloud native data integration and integrity, as well as its partnership with Reliability Center, Inc. (RCI), a provider of root cause analysis investigation software.
ABOUT THE PROCUREMENT
The uptake is the intelligence system for industrial assets. Providing an AI-powered asset performance management solution, Uptake offers all departments (maintenance, reliability and operations teams) a single, shared view of every asset in an operation. Using the power of data acquisition and artificial intelligence (AI), Uptake helps customers predict and prevent asset failures and unplanned downtime. Inspired by powerful data science models, our products deliver insights that mitigate risk, optimize maintenance strategy and asset performance, reduce costs, and improve security. With over 30 patents and recognized for its 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 do, visit us at www.uptake.com and follow us on Twitter and LinkedIn.
Wipro Limited (NYSE: WIT), (BSE: 507685), (NSE: WIPRO) is a leading global information technology, consulting and business process services companies. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and succeed. A company recognized around the world for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have more than 180,000 dedicated employees serving clients on six continents. Together, we discover ideas and connect the dots to build a new, better and daring future. For more information visit www.wipro.com.
Bob Francois, Vice President of Marketing and Analyst Relations
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