United Technologies Acquires US Asset Analytics Software Firm Predikto

United Technologies Acquires US Asset Analytics Software Firm Predikto

The US predictive analytics software company Predikto has been purchased by the aerospace firm United (UT) Technologies to help gauge future business decisions, UT announced in a press release on Tuesday.

WASHINGTON (Pakistan Point News / Sputnik - 21st August, 2018) The US predictive analytics software company Predikto has been purchased by the aerospace firm United (UT) Technologies to help gauge future business decisions, UT announced in a press release on Tuesday.

"Predikto is known for its proven cloud-based predictive health maintenance solution, which enables customers to forecast and improve asset reliability with greater certainty," the release said.

The acquisition is intended to better connect United Technologies' "critical assets" and analyze the reliability of the companys products, the release added.

The purchase price was not disclosed.