<ul><li>US-based IBM has acquired Bengaluru-based SaaS startup Prescinto, which provides asset performance management software-as-a-service (SaaS) for renewables.</li><li>Prescinto's AI-driven solutions address the challenges of managing complex renewable energy systems by offering real-time tracking, monitoring, and identification of issues.</li><li>The acquisition enhances IBM's Maximo Application Suite (MAS) and strengthens its position in the energy and utility industry.</li><li>Prescinto, with operations in 14 countries and 16 gigawatts of energy assets under management, provides robust data capture, real-time monitoring, AI-driven analysis, and actionable recommendations for renewable energy projects.</li></ul>

US-based IBM acquires Bengaluru-based SaaS startup Prescinto; Here's why

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