Innovative Breakthrough in IBM-Driven Renewable Energy Management through Prescinto

We have been talking about CleanTech and the high appeal of this sector from an investment and a value unlocking perspective. Dominor had recently introduced its portfolio firm Prescinto Inc - a clean energy, AI enabled analytics platform that creates value by providing actionable insights for energy companies and large corporations to monitor asset performance and aid asset lifecycle management. We are happy to share with you that our portfolio company – Prescinto, has been acquired by IBM. Prescinto will enhance IBM’s asset lifecycle management offerings in the market. Prescinto platform’s advanced capabilities will help IBM clients monitor and manage asset performance and drive intelligent decision making; bringing corporates closer to achieving their sustainability goals and reducing their carbon footprint. With this new acquisition, IBM will be able to help clients in their sustainability initiatives and in achieving their net-zero goals, allowing energy companies and large corporates to track and monitor the performance of their solar, wind and energy storage assets in real-time. Congratulations to and a round of applause for the stellar efforts put in by Prescinto leadership - Puneet Jaggi, Anmol Jaggi and Sanjay Bhasin; who steered the team and the brand to this pivotal point of value unlocking. Kudos to the entire team at Prescinto, an IBM Company. Read more about the IBM acquisition here