Asset Management System

IBM Maximo Software: The Future of Asset Management Solutions

IBM Maximo Software

Utilize the Maximo Application Suite to get the most out of your corporate assets. It is a single, integrated cloud-based platform that makes use of analytics, IoT, and AI to improve performance, increase asset lifecycles, and lower operating costs.

IBM Maximo  You will have access to customizable CMMS, EAM, and APM apps, as well as easier installation and administration, plus a better user experience with shared data and processes, thanks to market-leading technology from IBM Maximo®

With the help of IBM Maximo® enterprise asset management solutions, you can improve asset governance, extend the functional life of capital equipment, increase return on assets, postpone new purchases, and streamline operations for a variety of enterprise asset management tasks across numerous sites.

The innovative Maximo Anywhere is a customizable feature that can be added to your application suite. This system allows different data entry and report-making tasks to take place at remote locations by synchronizing mobile operations whenever a connection is possible.

This centralized functionality ensures that users have visibility.

 

Enterprise Asset Management EAM: IBM Maximo

The lifecycle management of an organization’s physical assets is known as enterprise asset management (EAM).

Assets include things like machinery, tools, plants, buildings, cars, and ships.

What Can Enterprise Asset Management Do?

  • Collect and analyze data on all types of assets
  • Improve operations through better asset availability, reliability and utilization
  • Extend the useful life of all assets or equipment
  • Improve return on investment and defer new purchases
  • Unify processes across multiple sites

Asset IBM Maximo

Top 10 benefits of IBM Maximo

Increase productivity and strengthen your ability to reach your business goals by:

  1. Reducing unplanned downtime
  2. Minimizing asset failures
  3. Maximizing use of resources
  4. Increasing asset reliability
  5. Reducing inventory costs
  6. Improving capital budget planning
  7. Improving safety & risk management
  8. Adhering to regulatory compliance
  9. Extending the life of assets
  10. Providing one version of the truth

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Integrated Capabilities of IBM Maximo

benefits Maximo

IBM Maximo Benefits all Functional Departments

Executives

Have visibility and control across the organization through common systems enabling better business decisions.

Purchasing Managers

Can see costs and orders enterprise wide for price comparisons, discounting, standardization and order tracking.

Contract Managers

Can see asset related contracts; negotiate vendor T&Cs and monitor supplier performance.

Financial Managers

Can see the entire inventory and analyze return on assets for financial reporting.

Compliance Manager

Can see asset detail to ensure regulatory compliance and mitigate risk

Operations Managers

Can see asset conditions in sufficient detail to improve asset utilization & performance.

Maintenance Managers

Can see job plans enabled by availability of information to increase asset capacity.

IT Managers

Can see how to streamline inventory and resources across the organization.

Reliability Engineers

Can see asset health and make better repair replace decisions.

Planners and Schedulers

Can see availability of their workforce and use graphical tools to make assignments.

Field Technicians

Can see work assigned to them and capture critical data about assets in a mobile device.

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What industries depend on IBM Maximo?

Maximo Asset Management meets the needs of various industries and their types of assets.

Conclusion

Maximo is an essential piece of software for any maintenance organization to track and manage work orders, manpower, and maintenance costs. Routes are especially useful for setting up preventative and predictive maintenance in the most effective and efficient manors. To get the most out of Maximo carefully plan the structure of your asset and location hierarchy and ensure every asset is included.

Ability to track and manage work orders so you understand what is happening at your facility. Re-using and duplicating job plans takes away the tediousness of writing equipment specific maintenance procedures.

IBM Maximo is very powerful for building and tracking maintenance KPI's but can take training and experience to use to it's full potential

If you have any doubts or require assistance, you may ask me through my email at [email protected]

Thank you, Have a nice day.

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