IBM acquires Bengaluru SaaS firm Prescinto for renewables business

Economic Times - Oct 15, 2024

“The acquisition of Prescinto will enhance the capabilities of IBM Maximo Application Suite (MAS), IBM’s solution for asset lifecycle management…It will further IBM’s leadership in the energy and utility space, an industry undergoing significant transformation and seeking solutions to manage and optimise wind, solar, and other renewable energy storage assets,” IBM said in a statement.

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