IBM Maximo Asset Management is an enterprise asset management (EAM) software solution product produced by IBM. It is a solution which enterprises use to track the operation, maintenance and disposal of assets.[1] It focuses on the following types of assets:
- Plant and production (for example oil, gas, chemicals, mining, manufacturing, pharmaceuticals, food, electronics and power generation[6])
- Infrastructure (including railways, highways, telecommunications, water and wastewater, and electric and gas distribution networks)
- Transportation (for military, airlines, trucking, shipping, rail and other use)
- Real estate and facilities (for example, in offices, schools and hospitals)
The benefits of Maximo
Using Maximo asset management will help maximise the performance and lifetime value of complex assets and more closely align them with your overall business strategy. It can help your organisation to:
- Improve return on assets
- Decrease costs and risk
- Increase productivity
- Improve asset visibility and control
- Document and manage regulatory compliance
- Lower the total cost of ownership
Maximo Modules
Achieve the control you need to more efficiently track and manage asset and location data throughout the asset lifecycle. IBM Maximo Asset Management is an enterprise asset management (EAM) software solution product produced by IBM. It is a solution which enterprises use to track the operation, maintenance and disposal of assets like:
- Plant and production (for example oil, gas, chemicals, mining, manufacturing, pharmaceuticals, food, electronics and power generation[6])
- Infrastructure (including railways, highways, telecommunications, water and wastewater, and electric and gas distribution networks)
- Transportation (for military, airlines, trucking, shipping, rail and other use)
- Real estate and facilities (for example, in offices, schools and hospitals)
Manage both planned and unplanned work activities, from initial request through completion and recording of actuals. BM Maximo Asset Management Work Management Content Package contains a series of Workflows and Security Groups with Start Centers to manage the processing of work orders generated from numerous courses using Maximo.
Define service offerings, establish service level agreements (SLAs), more proactively monitor service level delivery and implement escalation procedures. Service management is a function of the Maximo Asset Management portfolio. It helps you properly manage resources and ensure commitments are cost-efficiently met.
Gain complete support for purchase, lease, rental, warranty, labor rate, software, master, blanket and user-defined contracts. You use the Cost Management application to track the financial resources required to complete the project. You can also link work orders from a project in the Cost Management application to the Work Order Tracking application.
Know the details of asset-related inventory and its usage including what, when, where, how many and how valuable. It simplifies the overall processes of tracking, managing and ordering of consumable inventory.Maximo helps inventory managers by providing optimized planning, control, audit, and compliance capabilities.
Support all the phases of enterprise-wide procurement such as direct purchasing and inventory replenishment. The Procurement Management system supports all the phases of enterprise-wide procurement such as direct purchasing and inventory replenishment. Users can use the Vendor Management and vendor performance analysis tools to analyze vendor reliability and inventory quality, schedule automated procurement.