#EnergyManagement

IBM acquires Indian SaaS startup Prescinto to shine a light on renewable energy assets

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October 16, 2024 at 01:33AM IBM has acquired Prescinto, a Bangalore-based asset performance management software provider, enhancing its Maximo Application Suite for renewable energy. Prescinto, active in 14 countries, manages significant infrastructure. In a related event, Binance assisted police in dismantling a scam in Delhi targeting solar investors, resulting in multiple arrests. ### Meeting Notes … Read more

Energy giant Schneider Electric hit by Cactus ransomware attack

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January 29, 2024 at 03:12PM Schneider Electric was hit by a Cactus ransomware attack, compromising its Sustainability Business division and leading to data theft. The attack also disrupted its Resource Advisor cloud platform. The stolen data may include sensitive information about customers’ power utilization and compliance with environmental regulations. Schneider Electric is currently working on … Read more