CosmicTaco
IBM Acquires Solar-Focused SaaS Startup Prescinto
- IBM has acquired Prescinto, a SaaS provider for renewables.
- Prescinto raised $3.5 million in a seed round in March 2021.
- The startup uses AI for advanced monitoring, analytics, and automation of renewable energy operations.
- The acquisition will enhance IBM's Maximo Application Suite (MAS), used by energy and utility enterprises globally.
- This move supports IBM's clients' sustainability initiatives and net-zero goals.
Source: Entrackr
16mo ago
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