We’ve rounded up six of our most noteworthy innovation stories of the year … in case you missed them when they were first published.Learn More
December 23, 2015
What does it take to be named by Forbes magazine as the Hottest Startup of 2015?
Investor confidence and investment. And having an investor and partner like Caterpillar doesn’t hurt.
This year’s Hottest Startup is Uptake, beating out companies like Slack, DraftKings and Uber. Based in Chicago, Illinois, Uptake provides a dynamic analytics and insight platform for a wide array of industries. In March, Caterpillar and Uptake announced plans to jointly develop an end-to-end platform for predictive diagnostics to help Caterpillar customers monitor and optimize their fleets more effectively. By moving away from a reactive “repair after failure” mode to a proactive “repair before failure” stance, we’ll increase the uptime of customers’ machines.
Since the March announcement, Uptake and Caterpillar employees have been hard at work on a predictive analytics platform that will bring real-time insights for customers’ fleets. Caterpillar and Uptake anticipate having new rail service offerings available for customers in early 2016. Offerings for the remainder of Caterpillar’s core business are expected in mid-to-late 2016, and we continue to look for opportunities to leverage our relationship.
“…we are partnering with companies who want to be part of the solution and not disrupted by it. It’s challenging for the biggest companies to innovate at the speed of an entrepreneurial organization,” Uptake CEO Brad Keywell told Forbes magazine’s Brian Solomon.
Read this article to learn how Uptake was named the Hottest Startup of 2015. You can see the full list of the year’s hottest startups here. To watch Keywell and Chairman and CEO Doug Oberhelman talk about the unique partnership, click here.
Chairman and CEO Doug Oberhelman and Uptake CEO and founder Brad Keywell talk about “Disruptive Innovation” with Fast Company editor Chuck Salter.Learn More