Procore Technologies, Inc. (NYSE: PCOR), a global provider of construction management software, announced today at Groundbreak 2026 that it is collaborating with IBM to improve asset lifecycle management for owners.
The effort will connect Procore with IBM Maximo Application Suite, IBM’s enterprise asset management solution, with the goal of creating a unified digital thread of critical data across the life of fixed assets.
The companies said the collaboration is intended to help operations, maintenance and facility teams get more value from construction project data, accelerate operational readiness and manage assets more effectively.
Construction and operations are often managed in separate systems, which creates a disconnect across the asset lifecycle.
Valuable information can be lost between the teams that design and build capital assets and those that operate and maintain them.
The problem is especially visible during the handover phase of a capital project.
At that stage, operations teams frequently rely on spreadsheets, emailed files and separately stored documentation that must be reconstructed or re-entered before it can be used.
Once assets are running, maintenance and as-maintained history stays inside the operations system.
As a result, owners often make their next round of capital decisions without a clear view of how existing assets have actually performed.
The new collaboration aims to close that gap.
According to the companies, Procore Asset Management and IBM Maximo can give operations teams reliable asset data from day one, while providing a foundation to adopt more advanced asset management capabilities over time.
IBM said the quality of that starting data is central to the effort.
“Reliable operations depend on trusted asset data and a clear understanding of how assets are organised and connected,” said Kendra DeKeyrel, Vice President, Asset Lifecycle Management, IBM Software.
Procore’s system of intelligence gives owners a view of their assets from the start of construction through project completion.
Procore Asset Management captures structured information on fixed, maintainable assets continuously as work happens, including submittals, inspections and commissioning records.
This approach replaces the traditional practice of assembling that information as a one-time export at project closeout.
The company said this can help teams reliably operate and maintain asset installations from the first day they are in service.
By bringing these structured records closer to IBM Maximo, operations teams may begin with access to trusted asset information to support maintenance planning, work execution and ongoing asset management.
Together, the companies said, these capabilities would establish a more connected digital thread across the asset lifecycle.
Procore framed the collaboration as a way to improve the transition from construction to operations, a moment that often determines how smoothly a new asset performs in its early life.
“Transitioning from construction to operations should be a seamless handoff, not a chaotic reset caused by incomplete and siloed project data,” said Geoff Lewis, SVP of Product at Procore.
“By working with IBM, we aim to provide customers with a verified digital record upon project completion that powers smarter, long-term capital planning.”
Beyond the immediate handover benefits, IBM said the collaboration is designed to prepare owners and operators for more sophisticated approaches to asset care.
DeKeyrel said the work supports that longer-term direction.
“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,” she said.
