In a significant move to bolster the renewable energy industry, IBM has launched an advanced asset lifecycle management tool tailored specifically for renewable energy assets. This development comes at a time when the global shift towards sustainable energy sources is accelerating, necessitating sophisticated tools to manage and optimize these assets effectively.
Background
IBM has a longstanding history in asset management solutions, notably through its Maximo Application Suite (MAS), which integrates AI, IoT, and analytics to optimize asset performance across various industries. The renewable energy sector, encompassing wind, solar, and energy storage assets, presents unique challenges in asset management due to factors like variability in energy production,