United Technologies has agreed to acquire analytics firm Predikto Inc. as the conglomerate seeks to better anticipate when jet engines and other industrial machinery might fail. Employees in its digital accelerator, overseen by Mr. Campisi, work to develop new technologies and help business divisions more quickly deploy software and analytics. Predikto’s software speeds up and simplifies the data integration process, and helps UTC’s data scientists build models more quickly, Mr. Campisi said. UTC began working with Predikto at the beginning of the year on a predictive maintenance project with Pratt & Whitney. When Predikto’s models combined with UTC’s, UTC discovered downtime indicators it hadn’t spotted before, Mr. Campisi said.

Source: Wall Street Journal August 20, 2018 21:33 UTC