Complimenting the company’s in-house data science expertise at its R2 Data Labs, an acceleration hub for data innovation, Uptake will demonstrate how its capabilities can help Rolls-Royce implement a data-science-first approach to optimise the performance of its Trent engine fleet for widebody aircraft.
Rolls-Royce’s TotalCare service enables customers to maximize the availability of their engines while allowing the engine manufacturer to focus on the most efficient management of the fleet. Working with Uptake to analyse a number of disparate datasets will equip Rolls-Royce with new insight to deliver on its TotalCare service to airlines around the world by improving the uptime and availability of Trent engines.
"We've been applying analytics as a key part of our TotalCare services strategy for many years and are always looking to advance our digital approach to improve the quality and value of our services,” said Tom Palmer, senior vice president of services for Rolls-Royce's Civil Aerospace business. “With industrial AI and machine learning techniques, we can increase the uptime of our engines and help customers extend the life and value of their critical assets.”
Nick Farrant, senior vice president of portfolio and industries for Uptake, added: “Industrial businesses have an incredible advantage given the massive amount of asset data they have at their fingertips. When you take a digitally driven company like Rolls-Royce that continuously raises the bar for customer excellence, and help them put their data to work, the outcomes are undisputable. We are delighted to be working with them to apply fresh thinking and new technologies to help drive their business, and their customers’ businesses, forward.”
Built on a foundation of data science and machine learning, Uptake develops solutions that help industrial companies digitally transform their business. The company’s latest release of its Asset Performance Management application, Uptake APM, incorporates the Asset Strategy Library (ASL), a comprehensive database of industrial content including equipment types, failure mechanisms and maintenance tasks. This combination of deep operational and equipment knowledge with predictive analytics provides unparalleled visibility into, and insights surrounding, the entire asset environment, whether assets are connected or not.
Uptake combines data analytics and machine learning with industry knowledge to unlock the power of data for the global industrial sector. Headquartered in Chicago, with offices in Silicon Valley, Toronto and Dubai, Uptake works with industrial customers of all sizes across the globe to use software and data to reimagine their industry.
In November 2017, Rolls-Royce launched R2 Data Labs, an acceleration hub for data innovation. Using advanced data analytics, industrial Artificial Intelligence and machine learning techniques, R2 Data Labs develops data applications that unlock design, manufacturing and operational efficiencies within Rolls-Royce, and helps create new service propositions for its customers.
