Uptake has acquired Edmonton, Alberta-based ShookIOT, a leader in cloud-native data integration and integrity, strengthening its capabilities, it says, to accelerate digital transformation in asset-intensive industries.
Bridging the data gap between operational technology and information technology, the ShookIOT and Uptake combination simplifies data migration for easy deployment of Uptake’s Industrial AI applications, it said.
“The chemical, oil and gas, and process industries can now cost effectively clear the primary obstacle in the pursuit of digital transformation: the liberation of clean time-series data from individual assets to the cloud enabling advanced analytics and augmented decision making,” Uptake said.
“For AI to make good on its promise to the industrial world, operators must be able to unlock data from disparate sources to support frontline decision making with simple, actionable, and secure software,” Kayne Grau, President of Uptake, said. “Integrating ShookIOT software within Uptake’s applications optimises the preparation of industrial data for precision analytics. By combining forces, we advance our leading position in this vital software-as-a-service category, enhancing the speed with which we deliver greater reliability, safety, and productivity to industrial operators.”
ShookIOT was founded by Leanna Chan and Dr Dave Shook, two former Matrikon (now a part of Honeywell Advanced Solutions) executives who led the development of data ingestion software for asset-intensive industries.
Responding to the opportunity of the cloud for industrial connectivity, ShookIOT specialises in data collection for enterprise-wide digital workstreams, providing data management and industrial intelligence software to global process companies, Uptake said.
Dr Shook, who is taking on the role of Chief Data Officer at Uptake, said: “Data portability and integrity are the foundation of Industry 4.0, yet many companies – solution providers and operators alike – have struggled to unlock the power of their data, limiting the future value of industrial intelligence through restrictive pre-modelling, drawn-out implementation, and poor cybersecurity.
“We are excited to join Uptake and expand our impact in empowering data integrity and adoption of Industrial AI for asset-intensive companies around the globe.”
The combined offerings of Uptake and ShookIOT are available via direct deployment or through the Microsoft Azure marketplace. Products include Uptake Fusion Powered by ShookIOT, enabling scalable cloud data historian capabilities, as well as Uptake Connectors and Uptake Elevate for easy connectivity and integration.
Uptake Lenses, a vendor-neutral object model that organises, unifies, and contextualises industrial data, is also offered as a supporting component of Uptake Fusion.
Uptake added: “Empowering organisations to move industrial data from one site to many, and operational data from many sites to one, the combined offerings provide company-wide visibility into performance at the component, asset, process, plant, and enterprise levels. Once in the cloud, data is prepared for operational applications, including Uptake’s Industrial AI, to assure production levels and quality, prevent unplanned downtime, and mitigate operational risk.”
The acquisition of ShookIOT comes soon after the news of Uptake’s partnership agreement with RCI to strengthen reliability-centred maintenance for asset-intensive industries.