United Technologies: set to buy predictive analytics firm

(CercleFinance.com) - United Technologies said on Tuesday that it will pay an undisclosed amount for Predikto, an Atlanta-based predictive analytics software company.


Predikto's technology platform enables companies to take hundreds of disparate industrial asset data-sets and automate up to 80% of the analytics process.

Its cloud-based predictive health maintenance solution, which enables customers to forecast and improve asset reliability, will reinforce United Technologies' digital strategy, the company said.


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