CHICAGO, Sept. 21, 2020 /PRNewswire/ -- Uptake, the
intelligence system purpose-built for the cloud era of industrial
asset management, announced today the appointment of Kayne Grau as President. As Uptake accelerates
the growth of its global presence and customer base, Grau will
focus on evolving Uptake's product suite to meet the increasing
demands of industrial digital transformation initiatives, enhancing
deployment and customer success capacity, and optimizing company
operations. Brad Keywell, Uptake's
Founder and CEO, will continue to drive growth through customer,
partner, and alliance relationships, and advising industry leaders
on successful navigation of digital transformation in the cloud
era.
"Kayne joins Uptake with proven expertise in leveraging data and
analytics to deliver immediate value through easy-to-deploy and
easy-to-use applications, skills critical as Uptake expands its
leadership in the fast-evolving industrial intelligence arena,"
said Keywell. "I welcome Kayne as a leader to guide us as we scale
our operations to support global growth."
Prior to Uptake, Grau held various executive roles
within KAR Global (NYSE: KAR), after KAR's 2017 acquisition
of DRIVIN, of which he was co-founder and CEO. He led the
creation of KAR's data analytics program including the development
of data products and services to strengthen KAR's physical, online
and digital auction marketplaces. At DRIVIN his leadership was
distinguished by award-winning products, built on proprietary
algorithms, which deliver operational insights optimizing
business-to-business transactions for automotive dealerships.
"Uptake is a special company at a unique stage of leverage,"
said Grau. "While there's a lot of retrofitted and legacy software
aimed at industry, Uptake is the only purpose-built enterprise
software that fully exploits data, analytics, curated content, and
cloud dynamics to serve industry. Uptake is the leading system of
industrial intelligence in the cloud era."
Grau continued, "Uptake's recent launch of Scout, its SaaS data
science studio, reflects strengthened commitment to accelerate the
digital transformation of industrial operations. From inception,
Uptake's true north has been to serve global industry through
ready-to-deploy AI applications that immediately deliver valuable
results. I am committed to Uptake's mission to equip industrial
leaders with advanced technology to optimize operations and extend
asset life."
Regarding the societal impact of Uptake, Grau said, "I'm
dedicated to Uptake's vision to impact and accelerate the world's
progress towards sustainable businesses, worker safety, operational
reliability, and optimal environmental protection."
ABOUT UPTAKE
Uptake is the intelligence system for industrial assets.
Providing AI-driven asset management products, Uptake gives all
departments—maintenance, reliability, operations, and financial
teams—a single, shared view of every operational asset. Harnessing
of machine learning (ML) and artificial intelligence (AI), Uptake
products enable the prediction and prevention of asset failures and
unplanned downtime. Uptake's Asset Strategy Library, 30+ patents,
and component-driven data science models result in superior
insights that mitigate risk, optimize maintenance strategy and
asset performance, reduce costs, and enhance safety. Recognized for
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. Follow us
at www.uptake.com and
on Twitter and LinkedIn.
CONTACT
Morgan Scott,
Director of Communications
Morgan.scott@uptake.com, (312) 465-6345
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SOURCE Uptake