Industrials / Manufacturing Tech
Best Predictive Maintenance Companies
What is Predictive Maintenance?
The predictive maintenance market offers software solutions leveraging AI and IoT technologies to provide real-time machine insights. This enables manufacturers to move from reactive to proactive maintenance programs and, as a result, prevent process-driven production losses, reduce over maintenance, extend asset lifetime, and optimize manufacturing equipment controls. It also helps them eliminate unplanned downtime and optimize spare parts inventory. The market is growing rapidly as more manufacturing organizations invest in digital transformation through industrial technologies.
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Top Predictive Maintenance Companies
AVEVA provides industrial software, providing a secure industrial cloud platform and applications across various sectors. The company offers solutions that enable businesses to harness the power of their information and improve collaboration with customers, suppliers, and partners. AVEVA's products and services cater to industries such as energy, infrastructure, manufacturing, and transportation, among others. It was founded in 1967 and is based in Cambridge, United Kingdom. In September 2017, Schneider Electric acquired a majority stake in AVEVA for $710.4M.
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Siemens focuses on industry, infrastructure, transport, and healthcare. It offers solutions for more resource-efficient factories, resilient supply chains, smarter buildings and grids, cleaner transportation, and advanced healthcare by combining real and digital worlds. Siemens primarily serves the industrial, infrastructure, transportation, and healthcare sectors. Siemens was formerly known as Siemens & Halske. It was founded in 1847 and is based in Munich, Germany.
Dataiku develops a centralized data platform. Its solutions include data preparation, visualization, machine learning, analytic applications, and more. The company serves the banking sector, pharmaceuticals, manufacturing telecommunication sector, and more. It was founded in 2013 and is based in New York, New York.
IBM operates as a multinational information technology company. It manufactures and sells computer hardware and software products. It also offers a range of solutions such as cloud cost management, business automation, data management, data warehouse, and more. It serves industries such as automotive, insurance, retail, and more. It was formerly known as Computing-Tabulating-Recording Company. The company was founded in 1911 and is based in Armonk, New York.
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Augury provides predictive and prescriptive artificial intelligence (AI) solutions. The company offers AI-enabled insights into machines, processes, and operations to help businesses improve outcomes, maintain workforce, and achieve sustainable production. It primarily serves sectors such as food and beverage, consumer packaged goods, forest products, pulp and paper, glass, metals and mining, chemicals, building materials and cement, pharmaceutical, steel, plastics, commercial services, and energy. It was founded in 2011 and is based in New York, New York.
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C3 AI (NYSE: AI) operates as an artificial intelligence (AI) powered enterprise application development platform. It helps businesses to build and deploy AI-powered applications across their operations. It serves industries such as oil and gas, manufacturing, and retail. It was founded in 2009 and is based in Redwood City, California.
Infinite Uptime specializes in predictive maintenance services and plant reliability solutions within the manufacturing and asset-intensive industries. The company offers a suite of services including machine diagnostics, asset optimization, and digital reliability, all designed to enhance plant performance by predicting equipment failures and reducing unplanned downtime. Infinite Uptime serves a diverse range of sectors such as cement, steel, metals, FMCG, chemicals, oil and gas, and automotive, among others. It was founded in 2016 and is based in Pune, India.
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MakinaRocks specializes in the development of an AI platform and industrial AI solutions within the machine learning operations (MLOps) domain. The company offers a suite of services that streamline the machine learning workflow, including predictive maintenance and process optimization for various industrial applications. MakinaRocks' solutions are designed to empower businesses to optimize operations and leverage AI-driven insights. It was founded in 2017 and is based in Seoul, South Korea.
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NEC is a company focused on the integration of information technology(IT) and network technologies across various sectors. The company offers solutions for digital government, digital finance, public safety, and smart city initiatives, utilizing technologies such as biometrics and 5G. NEC primarily serves sectors that require advanced IT and network solutions, including government, finance, and public infrastructure. NEC was formerly known as Nippon Electric Corporation. It was founded in 1899 and is based in Tokyo, Japan.
Oracle operates as an enterprise software company. It offers a variety of software products, including enterprise resource planning (ERP), customer relationship management (CRM), human capital management (HCM), and more. It serves industries such as automotive, consumer goods, and energy among others. It was founded in 1977 and is based in Austin, Texas.
Qlik specializes in data integration, data quality, and analytics solutions in the technology sector. The company unifies data across various environments, automates information pipelines and data-driven workflows, and enhances insights with artificial intelligence(AI). It primarily serves sectors such as financial services, healthcare, manufacturing, public sector, and retail. It was founded in 1993 and is based in King of Prussia, Pennsylvania.
SAP (NYSE: SAP) is a multinational software company. It develops enterprise software to manage business operations and customer relations. The company offers a range of products such as enterprise resource planning (ERP) software, customer relationship management (CRM) software, supply chain management (SCM) software, and more. The products are used by a variety of customers, including large corporations, small and medium-sized businesses, and government agencies. It was founded in 1972 and is based in Wallforf, Germany.
SparkCognition specializes in artificial intelligence (AI) solutions across various sectors including energy, manufacturing, government, education, and retail. The company offers products and services that enable predictive maintenance, fraud detection, and cybersecurity, with a focus on preventing zero-day attacks. SparkCognition's AI technology is designed to analyze and optimize data, augment human intelligence, and enhance operational efficiency. It was founded in 2013 and is based in Austin, Texas.
Uptake is a company specializing in industrial intelligence and predictive analytics within the software-as-a-service (SaaS) sector. The company offers solutions that translate data into actionable insights for predictive maintenance, asset failure prediction, and optimization of maintenance strategies. Uptake primarily serves sectors that require robust maintenance analytics, such as transportation and heavy industry. It was founded in 2014 and is based in Chicago, Illinois.
UptimeAI focuses on artificial intelligence-based plant monitoring in the process industries sector. The company offers artificial intelligence software to predict and mitigate equipment failures and performance loss in plant operations. UptimeAI primarily serves power generation, oil and gas, chemicals, metals, food and beverage, renewables, aerospace, and automotive sectors. It was founded in 2019 and is based in South San Francisco, California.
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The ESP matrix leverages data and analyst insight to identify and rank leading private-market companies in a given technology landscape.
What is Predictive Maintenance?
The predictive maintenance market offers software solutions leveraging AI and IoT technologies to provide real-time machine insights. This enables manufacturers to move from reactive to proactive maintenance programs and, as a result, prevent process-driven production losses, reduce over maintenance, extend asset lifetime, and optimize manufacturing equipment controls. It also helps them eliminate unplanned downtime and optimize spare parts inventory. The market is growing rapidly as more manufacturing organizations invest in digital transformation through industrial technologies.
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