July 16, 2024


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Uptake Appoints Tim Litter as VP of Finance

CHICAGO, Jan. 26, 2021 /PRNewswire/ — Uptake, the major intelligence program intent-crafted for the cloud era of industrial asset management, announced now the appointment of Tim Litter as Vice President of Finance. As Uptake scales its functions to assist a expanding deployment base of its Industrial AI application globally, Muddle will head its finance, accounting, and reporting functions. With about 12 several years running finance and accounting departments in digital providers, Litter provides intensive practical experience encouraging corporations bear steady expansion.

“Tim joins Uptake obtaining managed elaborate, cross-useful teams throughout finance, accounting, shopper provider, and operations, specifically all through intervals of major progress and evolution,” reported Kayne Grau, President of Uptake. “His seasoned leadership in wide-ranging locations for electronic providers positions Uptake to build out its operations with fiscal self-discipline.”

Prior to Uptake, Litter was divisional VP of Finance of Residences.com, a CoStar Group enterprise. All through his 10 years in the part, he led the finance and accounting groups as the organization obtained ApartmentFinder, ForRent, and Cozy, increasing revenues from $65M to around $600M. In addition, Muddle led its customer company and functions for four of all those yrs. Earlier in his vocation, Litter was the head of finance for HomeGain, an on the internet system that connects real estate agents, brokers, prospective buyers, and sellers, wherever he simplified the company accounting and reporting structures for a numerous set of stakeholders.

“Uptake is making out an increasing ecosystem of strategic industry associates, resellers, devices integrators, and industrial customers at the similar time it broadens the scope of its own operations to produce precision Industrial AI at scale,” shared Muddle. “The continued sustainability of our progress is my number-one precedence as we improve our leadership posture.”

Clutter joins Uptake as the organization was not long ago acknowledged as one of the MostProgressive Corporations of 2020 by Crain’s Chicago Organization. The business also just lately introduced its partnership with RCI to greatly enhance Industrial AI for the asset-intense industries with the root cause examination resource EasyRCA.

Uptake is the intelligence procedure for industrial assets. Uptake’s AI-enabled merchandise give all departments — upkeep, dependability, operations, and economic groups — a single, shared check out of each operational asset. Uptake brings jointly the Sector 4. vision of combining artificial intelligence (AI) and machine finding out (ML) to derive additional price from existing asset management techniques. With 30+ patents and unparalleled knowledge science models, Uptake provides top-quality insights that mitigate risk, enhance upkeep system and asset performance, decrease charges, and boost security. Regarded for management in industrial IoT (IIoT) by the Planet Financial Discussion board, CNBC and Forbes, Uptake is headquartered in Chicago with existence in Canada, South The united states, Europe, India, and Australia. Observe us at www.uptake.com and on Twitter and LinkedIn.

Get in touch with
Bob Francis, VP of Promoting & Analyst Relations
[email protected] 312-242-2200

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Resource Uptake