Bengaluru: IBM has purchased Prescinto, a software company that helps manage renewable energy assets like wind and solar power. With this acquisition, IBM plans to improve its ability to monitor and optimize renewable energy systems using Prescinto’s AI-driven tools.
Managing renewable energy assets has become more complex as organizations shift toward clean energy sources. Factors like weather and dust can reduce the efficiency of solar panels and turbines, making real-time monitoring essential. By adding Prescinto’s capabilities to its Maximo Application Suite, IBM aims to help companies keep their renewable assets running smoothly.
Prescinto, based in Bangalore and managing 16 gigawatts of renewable energy worldwide, provides tools for real-time data visualization and AI-powered insights. This integration will allow IBM’s clients to track energy performance closely and take quick action when needed, supporting their sustainability goals.
This acquisition shows IBM’s commitment to renewable energy, as it continues to expand its tools for optimizing energy systems to support both efficiency and environmental goals.
