Technuter IBM and India Grid Trust announced a multi-year collaboration agreement to build an artificial intelligence (AI)-enabled asset management platform. IndiGrid will deploy a hybrid cloud solution with IBM Maximo Application Suite running on the secure and open IBM Cloud to optimize the quality & utilization of its assets throughout their lifecycle, increase productive uptime through preventative & predictive maintenance, drive efficiency & reduce operating costs — ultimately delivering better value to its investors. Enterprise asset management (EAM) is crucial for obtaining the insights and visibility needed to maintain and control intelligent assets and equipment. According to International Data Corporation (IDC), monitoring performance and scheduling repairs with predictive maintenance alone can reduce costs by 15%-20%, improve asset availability by 20% and extend the lives of machines by years.