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Procore Partners With IBM To Upgrade Asset Lifecycle Management Through Integration Of Its Services With IBM Maximo Application Suite

Reviewed by ClearTape · Source: Benzinga

Key takeaways

Procore and IBM are joining forces to give construction owners a single, end‑to‑end data stream for managing assets from build to operation.

What happened

Procore Technologies announced a partnership with IBM to integrate its construction management software with IBM Maximo Application Suite, IBM’s enterprise asset management platform.

Why it matters

The collaboration will create a unified digital thread of critical data across the fixed asset lifecycle, enabling owners to access construction project data more efficiently and accelerate operational readiness.

Short-term and longer-term

Short-term. In the coming days, watch for product demos and early customer feedback on the integrated solution.

Longer-term. Over the next few months, the partnership could broaden Procore’s enterprise customer base and enhance its recurring revenue streams.

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