Hello 2016 – New Company Values

This past year was a year of expansion and learning for Predikto. We added amazing team members, customers, and learned a lot. We kickoff 2016 with a clear mission: To harness the power of predictive analytics to optimize operational performance. Our focus in Rail and Aviation has also helped us have more meaningful conversations with our prospects and customers.

Last month, we held a series of sessions and workshops to help get our internal processes in better shape. We wanted to improve the way we run our teams and business. Part of the outcome from one of these sessions was our new company values. We have not changed our values in 3 years, and we are clearly a very different company from when we started. Our new values reflect our culture and what we find to be critical to our ability to create an amazing place to work and create amazing solutions for our customers.

  1. People first: We are a people first startup. We value our people above anything else. If we take care of our people, our people will take care of our customers. We can’t impact our customers without our people.
  1. Focus on impact: We are building software, processes, and solutions that can significantly impact our customers. We started Predikto with a large goal to impact asset reliability in a big way. Our customers are big organizations spread globally. Everything we do is laser focused to ensure we impact our customers in a big way.
  1. Move Fast: Speed is critical to our ability to show value quickly, fail quickly, learn quickly, and explore the right solution for our customers quickly. Speed also enables us to compete against huge fortune 100 companies in our space as well.
  1. Be Bold: We think big and we expect a lot from our customers and our people. We qualify our customers to ensure they are ready to embrace and operationalize a new way of managing their fleets. We want customers who are ready to significantly move the needle in a big way. We have learned our lessons and shy away from science experiments. We even suggest to prospects to go hire Big Blue first before working with us.
  1. Be Open: We are a very transparent organization. Our people know how much money we have in the bank, our deal structures, our pipeline, our risks, our wins, and our losses. We are also very open with our customers sharing areas where we are confident in our abilities to make a big impact and areas where we lack the expertise. Our technology is very disruptive, but it is not for every asset class or every reliability problem.
  1. Have Fun: If we are not having fun, then what is the point. My stress levels and work schedule are insanely high, but I am having a blast. I would not change anything in my life. We do a nice job of balancing hard work with our ability to have a good time. Our team is made up of very different personalities. We can have a good laugh about our unique quirkiness while at the same time respecting each other.
  1. Act with Integrity: We are a SaaS cloud platform where we store our customers’ data in EU and US environments. We take this very seriously and integrity is critical to our ability to protect our customer’s information and ensure their trust.

So there you have it, our new company values are outlined above.  I am excited about 2016 and our journey through this rollercoaster. We have all the right people, backers, partners, and customers to make a big impact in Rail and Aviation fleet reliability.

Predikto expands with the opening of a European office

This week we announced the opening of our first European office and the expansion of our worldwide team to meet rapidly growing demand for industrial-scale predictive analytics that can help global industrial and transportation organizations capitalize on the explosion of data driven by the Industrial Internet of Things (IIoT).

We are ecstatic to bring onboard software industry veteran Carl Fransman as our Managing Director, EMEA, bringing over a decade of experience growing and managing European operations for early stage software companies. Most recently Carl managed EMEA for MCA Solutions, a leading supplier of supply chain planning software, which was acquired by Servigistics, now part of Parametric Technology Corporation (PTC). Joining him is Philippe Thys, Director of Solutions and Innovation for Predikto. Philippe is a former Technology and Solutions executive with respected software companies like i2 Technologies and MCA Solutions.

European companies are enthusiastically embracing the advent of the IIoT.  Fransman commented, “With the growing popularity of servitization, forward-thinking companies want better insight into equipment performance and value delivered to their customers. Predikto’s capabilities are tailor-made to meet this need.”

Metro Atlanta CEO writes a piece about Predictive Analytics

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Metro Atlanta CEO has an article in their October newsletter covering Predictive Analytics and some of the interesting use cases Predikto has in Transportation.

Predikto, a leader in Predictive Analytics solutions Transportation, has begun to deploy their machine learning / artificial intelligence software to help improve equipment reliability at global companies.

Click on the article to read about actual use cases and gain an understanding of this disruptive technology.

Predikto on the Dana Barrett Show – Business Radio

Our CEO, Mario Montag, was a guest of business radio personality, Dana Barrett, this week.

They discussed Big Data, Predictive Analytics, recruiting Millenials, Donald Trump, great business books like Pitch Anything, and carnitas being back on the Chipotle menu (but not in Atlanta). What’s up with that Chipotle!

Listen to the recording of the show and shoot us a note or tweet (@prediktoIoT) if you have any comments regarding the radio interview.  It was a fun morning during her Tech Tuesday show.

The show notes are posted (and include the full show audio). You can find them here:
http://danabarrett.com/tech-tuesday-predikto-musicloon/

To access clips of your discussion with Dana, please click here:
https://soundcloud.com/dana-barrett-clips

You can also access show pictures and more on Twitter @DanaHBarrett and @biz1190

Data N

Predikto: Making Waves in IoT!

The Internet of Things is generally defined as “Smart” + “Connected” + “Edge Devices” (Planes, Trains, Automobiles, Industrial & Farming Equipment, Medical Equipment, and Consumer Electronics)

Predikto focuses on putting the “smart” into managing smart connected devices, equipment and complex capital assets in order to forecast asset behavior/performance.

Industrial asset OEMs, operators and maintenance organizations are challenged by equipment performance degradation and failure as they impact uptime and efficiency. While reliability and condition-based solutions have been around for many years, predictive analytics (machine learning) is providing significant new capabilities to improve performance and profitability.

Approximately 2,000 hardware, software and business leaders attended the second annual O’Reilly Solid 2.0 IoT conference in San Francisco. Attendees were given the opportunity to vote on the startup they believed was making the most innovative impact in the field of industrial or consumer IoT. Of the 30 or so startups at the conference, Predikto was voted best startup by attendees for its telematics / IoT based predictive analytics, predictive maintenance and asset health management solutions.

https://www.youtube.com/watch?v=C0-cYgsT8yI&list=PL055Epbe6d5ZVlSYx7-1k72bm075HkVhq&index=21

This was great exposure for us at Predikto, and now we are up for 2 awards at the upcoming Solutions 2.0 Conference in early August.  We are going head to head against some big players in the industry in the categories of Asset Condition Management and Asset Management.  Mario Montag, Predikto CEO, will be presenting on the topic of Predictive Analytics in Asset Management.  This is another indication of the high demand for IoT products and solutions, the acceleration of Predikto within the Industrial Internet market and the large innovative technology community in Atlanta.

Mario Montag was quoted after the Solid Conference: “It is great to see validation from the market and conferences with regards to our Solution based predictive analytics technology and approach.  We are not a tool to enable customers to do more. We deliver results and bring to light full transparency on the ROI and impact we are having to solve real problems with asset reliability.”

We have also been getting some great traction with customers and partners.  We recently announced a partnership with New York Air Brake, subsidiary of the Knorr-Bremse Group in Germany, to incorporate Predikto’s auto-dynamic predictive analytics platform, MAX, into the company’s LEADER advanced train control technology solutions via its internet of things (IoT) initiative. See the full story here.

Needless to say we are all very are all very excited about the awards and recognition Predikto is receiving and it is legitimizing the need for a real solution in predictive analytics for the IIoT.

Predikto Go!

Conference comings and goings of an Atlanta based Software Startup.

Last week we Prediktans exhibited at the 2015 ATDC Startup Showcase alongside our fellow ATDC startup peers.  The turnout was amazing; over 800 people were registered for the event, including visitors from Fortune 100 Companies, who were all interested in the innovations coming out of Georgia Tech and the ATDC. To see so many Technology Startups in one location was an awesome experience.  As new members of the ATDC this was Predikto’s first time at the Showcase, but we already can’t wait for next year. 

Predikto at Georgia Manufacturing Day

Georgia Manufacturing Day

Predikto was excited to be part of the “BUY FROM GEORGIA” event proclamation and the Georgia Manufacturing Day at the State Capitol. Governor Nathan Deal presented the proclamation to a group of more than 70 manufacturing and business leaders from around Georgia, including Mario Montag, CEO of Predikto.

The event was organized by Georgia Manufacturing Alliance, the most active group of manufacturing professionals in the state of Georgia. For a list of all the next events at GMA, visit GMA website.

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Mario Montog, CEO of Predikto
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Speaking at GA Manufacturing Day
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