<ul><li>IBM acquires Prescinto, a top supplier of software-as-a-service (SaaS) for asset performance management (APM) in the renewable energy sector.</li><li>Prescinto's capabilities use AI to provide automation, analytics, and monitoring to manage clean energy and storage assets, optimizing operations in the renewable energy sector.</li><li>The acquisition strengthens IBM's asset lifecycle management system, IBM Maximo Application Suite (MAS), and its position in the energy and utility sectors.</li><li>Prescinto, founded in 2016 and headquartered in Bangalore, India, works with global customers across 14 countries with 16 GigaWatts under management.</li></ul>

IBM Acquires Prescinto for Renewable Energy Asset Performance Management

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