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IBM acquires Bengaluru-based SaaS startup Prescinto

  • Global technology company IBM has acquired Bengaluru-headquartered software-as-a-service (SaaS) startup Prescinto.
  • Prescinto provides asset performance management (APM) software for the renewable energy segment.
  • The acquisition will enable IBM to support clients' sustainability initiatives and track the performance of solar, wind, and energy storage assets.
  • Prescinto's software includes advanced monitoring, analytics, and automation to streamline renewable energy operations.

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