ABB India & UptimeAI Collaborate to Enhance Asset Health & Performance

ABB India Limited’s ABB Motion division has announced a strategic investment in the AI start-up UptimeAI through ABB Motion Ventures.

This investment aims to revolutionise how industrial customers monitor and manage the health and performance of motors, drives, and other critical assets. ABB has taken a minority stake in UptimeAI, though financial details of the investment have not been disclosed.

Strategic Investment to Drive AI-Powered Asset Management

The partnership combines ABB’s industrial expertise with UptimeAI’s advanced machine learning and AI-driven predictive maintenance technology. With over 1,000 failure modes covered by AI/ML algorithms, the collaboration will help customers gain deep insights into asset performance, improve failure predictability, and minimize maintenance costs and operational risks.

Initially, the initiative will focus on heavy asset industries in India, including Cement, Metals, and Water Pipes. By providing tailored AI-powered solutions, ABB and UptimeAI aim to reduce unplanned downtime, enhance efficiency, and drive operational excellence.

Management Commentary

ABB Motion Services R&D Manager and Head of Development IoT and Analytics, Soenke Kock, said, “Through this investment, we reaffirm our commitment to delivering innovative solutions that empower industrial customers to manage their assets effectively and sustainably. By joining forces with UptimeAI, we are applying advanced technology and expert knowledge to strengthen asset health and performance management. With reliable data insights, decision-makers are equipped to identify gaps, optimize energy efficiency, and exercise tighter control over operations, ultimately increasing asset availability and improving profit potential.”

“We are thrilled to partner with ABB Motion to deliver solutions that combine our expertise with their deep industry insights”, added Jagadish Gattu, Founder and CEO, UptimeAI. “By joining forces, we will optimize operations and address the unique challenges faced by industrial customers such as root cause analysis, continuous improvement, and knowledge management.”

Conclusion

This investment reflects ABB’s commitment to digital transformation in the industrial sector, leveraging cutting-edge AI technology to improve reliability and efficiency.

On March 5, 2025, ABB share price opened at ₹5,100.00, up from its previous close of ₹5,191.40. At 10:16 AM, the share price of ABB India was trading at ₹5,255.00, up by 1.23% on the NSE.

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