Clockwork Announces New CEO, Joseph Berti

Industry Aficionado Positioned to Drive Growth

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Jan 10, 2013, 02:22 ET

AUSTIN, Texas, Jan. 10, 2013 /PRNewswire/ -- Clockwork, a global leader of predictive analytics for Enterprise Asset Management (EAM) solutions, announced today that Joseph Berti has been named CEO. As the company enters 2013 with plans to launch their asset life cycle management platform the company was looking for a CEO with a track record of delivering value to large enterprise customers. With Mr. Berti leading the helm the company will look to accelerate growth and strengthen its position in the EAM marketplace.

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"Clockwork has always been a company to watch," stated Berti. "Having delivered over 3 billion dollars in estimated value to date, Clockwork has an impressive track record and I look forward to working with the team to expand that significantly."

With over seventeen years in leadership, consulting, product management and product development, Berti's experience in growing organizations is key to Clockwork's strategy of expanding its SaaS product offering. As CEO for Clockwork, Berti has overall responsibility for the company's strategy, organization and operations, and serves as a member of the board of directors.

"We are excited to have such a visionary leader at Clockwork," stated Rick Pontin, Clockwork Chairman. "The company is on the brink of huge growth given the value that the platform brings to organizations and we believe with Joe's experience we will be able to bring predictive analytics for asset management into the mainstream."

Prior to joining Clockwork, Berti held strategic positions at Servigistics (acquired by PTC for 220 million), Ernst & Young, i2 Technologies, PointServe, Trilogy and Kraft Foods. Mr. Berti holds a Bachelor of Science Degree from The Ohio State University with a double major in Finance and MIS. Mr. Berti also serves on the board of various businesses and Charities including the Champions-4-Children.

To read more about Berti visit the company's leadership team bios or visit his LinkedIn profile.

About Clockwork: Clockwork is a global leader of predictive analytics for Enterprise Asset Management (EAM) solutions, that improve availability and reduce repair parts inventory and maintenance costs of capital intensive assets. The company has years of experience serving the needs of the Aerospace and Defense, Government, Energy, and Original Equipment Manufacturers (OEMs) industries by providing cutting edge solutions to help analyze their data, giving them visibility to each phase of an asset's life cycle, resulting in billions worth of savings. For more information visit www.clockwork-solutions.com.

SOURCE Clockwork