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NEWS RELEASE

Waites Selects Uteco Tecnología, SRL as its Distributor in Peru

MARCH 25, 2025

Waites Expands Presence in South America with Uteco Tecnología Partnership to Bring Advanced Predictive Maintenance Solutions to Key Peruvian Industries

CINCINNATI, Ohio, March 24, 2025 – Waites Sensor Technologies, Inc. (Waites), the leader in advanced condition monitoring solutions that empower industrial operations to optimize maintenance strategies, reduce downtime, and extend equipment life, announced today that it has selected Lima-based Uteco Tecnología, SRL (Uteco), a leading provider of advanced automation and engineering solutions, as its exclusive distributor in Peru.

“We are thrilled to partner exclusively with Uteco, a leader in the Peruvian market for nearly 45 years,” said Rob Ratterman, co-founder and CEO of Waites.“Uteco’s deep expertise in key industries—ranging from mining, oil and gas, and utilities to food processing, ports, agriculture, sugar, and cement—sets them apart. Their unwavering commitment to excellence and the strong reputation they’ve built locally makes them the ideal partner for us in Peru.” 

"We are committed to partnering with and promoting leading technology solutions to enhance the cost efficiency of  our customers' operations,’ said Joseph Braun, President of Uteco. “We are excited to collaborate with Waites in this effort."

Utilizing cutting-edge sensor technology, machine learning, and real-time data analytics, Waites delivers actionable insights to improve machine health and operational efficiency. The Waites Condition Monitoring System integrates seamlessly with existing equipment, offering a scalable and cost-effective approach to predictive maintenance that gives facilities greater output and enables maintenance teams to focus on what matters most. Waites has installed over 500,000 sensors and collected more than 9 trillion readings, serving leading companies such as Amazon, Tesla, Nestlé, Nike, DHL, Michelin, Altria, and Diageo, among others.

To ensure a reliable and uninterrupted monitoring service, Waites utilizes a proprietary communications network independent of local cellular networks and on-site Wi-Fi. To support this, Waites has secured a radio spectrum license from the Peruvian Ministry of Transport and Telecommunications, enabling the delivery of this service with the highest level of reliability.

For more information:

Visit Waites at www.waites.net

Visit Uteco at www.utecotec.com or contact us at utecotec@utecotec.com, +511 612-9600.   

About Waites Sensor Technologies, Inc.:

Waites is a global leader in AI-driven condition monitoring solutions, helping industrial operations eliminate downtime and maximize equipment reliability. With more than 500,000 sensors deployed across five continents and over 9 trillion data points collected, Waites delivers unparalleled insights that empower maintenance teams to make smarter, data-driven decisions. By continuously monitoring equipment health, Waites enhances operational efficiency, extends asset lifespan, and allows teams to focus on strategic maintenance—keeping facilities running at peak performance.

About Uteco Tecnología, SRL:

UTECO TECNOLOGÍA SRL (UTECO) is a Peruvian company founded in 1982, and is part of an international business group that meets the needs of equipment, goods and services of leading industrial companies throughout Peru. UTECO mainly serves mining, power generation and electrical distribution, oil and gas, chemical, food processing among other industries. UTECO represents leading world renewed brands and services its customers with excellence. For more information on UTECO, please visit www.utecotec.com.

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Media Contact:
Matter Communications on behalf of Waites
WaitesPR@matternow.com