Uptake to implement data analytics in construction industry

The Chicago based data analytics Company has announced a partnership with Caterpillar to make the building industry more efficient.

Uptake is working with Caterpillar on a model of collaborative disruption for the construction industry that consists of making a profitable use of the data generated by telematics through a platform.

Trevor Mecham, Uptake’s vice president of construction and agriculture declared: “The construction industry has so much to gain from using data to optimize manufacturing, maintenance, logistics and operations—it’s certainly in the billions of dollars. Rather than a one-size-fits-all solution, we are partnering with Caterpillar and other companies to build predictive analytics solutions that solve challenges unique to the industry.”

Gathering historical and real-time date, the Uptake platform is to combine that information in order to analyze it and then provide actionable predictions to its users. The information could be condition monitoring, workflows, logistics fleet management and weather data.

For instance, with the data analytics platform it would be possible to save time on maintenance equipment by predicting when the machine should be repaired according to use, whether or age characteristics.

Trevor Mecham also explained: “The data gained from construction can be as specific as the tire pressure on a single machine, or as general as the schedule and budget of an entire project. Nearly every piece of the construction ecosystem can generate usable data that leads to patterns, and those patterns can lead to predictions that companies can trust.”