Also: Crypto-hub Binance helps Delhi police shut down solar power scam
IBM announced on Tuesday it has acquired Prescinto – a Bangalore-based provider of asset performance management software for renewable energy.
Since its 2016 debut, Prescinto has won customers in 14 countries and manages 16 gigawatts worth of infrastructure. For some perspective, 16 gigawattsall wind-powered electricity generation that came online in the EU during 2022. The EU is expected to build 20GW of new wind every year on average between 2023 and 2027, according to industry advocate WindEurope.IBM suggested Prescinto could help to manage scenarios such as solar power plants that become less efficient as panels accumulate dust.
That capability means Big Blue thinks Prescinto will"further IBM's leadership in the energy and utility space."ranks IBM as a top performer in asset lifecycle management. Big Blue pulled in a share of 10.8 percent in 2023. ®Digital River runs dry, hasn't paid developers for sales since JulyThe ultimate dual-use tool for cybersecurityWhy send a message when you can get your Zoom digital video clone to read the script?Regulators know this is a nightmare and have done little to stop it.
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