Procore Announces Collaboration with IBM Focused on Enhancing Asset Lifecycle Management for Capital Project Owners and Operators

Procore announced a collaboration with IBM at its Groundbreak 2026 conference to connect Procore Asset Management with IBM's Maximo enterprise asset management suite. The partnership aims to create a unified digital thread across the fixed asset lifecycle, closing the data gap between construction handover and operations for capital project owners. No financial terms were disclosed; the collaboration is strategic positioning for Procore in the owner/operator segment.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.