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

Business Wire•21/10/2026•09:00 ET
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Key Highlights

  • ➤Procore and IBM collaborate to connect construction data with IBM Maximo asset management
  • ➤Collaboration targets continuous asset management and faster operational readiness for capital project owners
  • ➤Procore Asset Management is available today for capturing structured fixed-asset data throughout construction
  • ➤Integration aims to provide verified digital records at project completion for long-term capital planning

Expert Statements

Kendra DeKeyrel, Vice President, Asset Lifecycle Management, IBM Software

“Reliable operations depend on trusted asset data and a clear understanding of how assets are organized and connected. Getting that foundation right from the start is critical. By closing the gap between construction data and asset management, we're enabling owners and operators to get up and running while laying the groundwork for AI, condition-based maintenance, and more proactive asset management.”

Geoff Lewis, SVP of Product at Procore

“Transitioning from construction to operations should be a seamless handoff, not a chaotic reset caused by incomplete and siloed project data. By working with IBM, we aim to provide customers with a verified digital record upon project completion that powers smarter, long-term capital planning.”

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

Aims to deliver continuous asset management throughout construction, accelerate operational readiness, and streamline the handover process

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