Progreso X Strengthens Its Innovation Portfolio with Investment in Uptime Analytics

Progreso X, the open innovation unit of Progreso, announced a strategic investment in Colombian startup Uptime Analytics through its corporate venture capital fund, PX Ventures. The move strengthens Progreso’s innovation portfolio with artificial intelligence (AI) technology focused on optimizing high-impact industrial processes and advancing digital transformation across the region.

AI Technology for High-Impact Industrial Operations

Uptime Analytics develops AI-based models designed to improve operational and energy performance in industries such as cement, energy, lime, and steel. Its technology enables companies to anticipate critical equipment failures, reduce energy consumption, and increase process stability, resulting in sustainable cost savings and more efficient industrial operations.

By leveraging advanced analytics, the startup helps industrial players move from reactive maintenance to predictive and optimized decision-making, addressing some of the sector’s most complex operational challenges.

Strategic Validation Through Successful Pilots

The investment followed a series of successful pilot projects carried out within Progreso’s business units, which validated the practical and strategic value of Uptime Analytics’ solution.

At Horcalsa, the first pilot delivered notable improvements in calcination quality, while also contributing to operational cost optimization. A second pilot at Cementos Progreso further confirmed the tool’s potential after an in-depth evaluation over a six-month period.

“This investment is a key step toward accelerating industrial digital transformation in the region,” said Ana Miriam Obregón, General Manager of Horcalsa, highlighting that Uptime Analytics’ vision is closely aligned with creating tangible and sustainable value for the industry.

Scaling Innovation Across Markets

The capital deployed by PX Ventures will support the broader implementation of AI solutions in the cement industry and accelerate Uptime Analytics’ international expansion. The startup currently operates in Colombia, Guatemala, Peru, and the Dominican Republic, and is preparing to launch its first pilot project in the United States with a global leader in aluminum manufacturing.

Through this strategic investment, Progreso X reinforces its commitment to partnering with technology-driven innovators that enhance digital maturity and unlock new competitive opportunities for industrial players across Latin America.