San Diego, CA (PRWEB) July 30, 2014
Mtell, a leading asset health software solution company, has been featured in CIO Review’s annual “Top 20 Most Promising Tech Solution Providers to Pharma and Life Sciences.” Mtell was recognized for preventing failure, mitigating risk, and driving performance for assets in the Pharma and Life Sciences industry. The nomination also focused on Mtell’s ability to stop equipment breakdowns by using new advanced technologies, including Machine Learning-based condition monitoring.
The judging panel comprised reputable CEOs, CIOs, VCs and analysts, including the CIO Review editorial board to select the top companies. CIO Review honored the best vendors and consultants providing technology and services to the Pharmaceutical and Life Science industry recipients with featured interviews in the publication.
“We are very honored to be recognized for our accomplishments in the Pharmaceutical industry,” said Mtell CEO Paul Rahilly. “Our solution has proven to enhance the efficiency of Fortune 500 pharmaceutical manufacturing operations, and this acknowledgement truly reflects our accomplishments.”
Mtell was recently listed as the fifth fastest-growing private company in San Diego, with revenues that grew 374% between 2011 and 2013. The company plans to expand its footprint in global pharmaceutical manufacturing facilities by introducing its asset health solution to enterprises seeking to enhance maintenance operations using advanced Machine Learning technology. The solution allows manufacturers in pharmaceutical and other industries to increase production by avoiding costly machine breakdowns and extends equipment life.
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Founded in 2006, Mtell is a privately held company that creates software solution products for managing the health of industrial equipment. Making machines smart, Mtell plays an important role in developing the Industrial Internet of Things. In addition to reducing risk to people safety and the environment, Mtell is a significant contributor to equipment performance and profitability. Solutions are deployed globally in the oil and gas, mining, pharmaceutical, and wastewater industries. For more information, visit us online at http://www.mtell.com.