IBM Maximo Enterprise Asset Management: An Overview

As per IBM, the Gartner Magic Quadrant has ranked the Maximo EAM as an industry leader for 27 years straight. IDC MarketScape and G2 GridBest have also given IBM’s Maximo similar positions in their surveys and comparative studies. In fact, popular claims suggest that the IBM Maximo Enterprise Asset Management Software can decrease downtime by almost 20%, improve labour utilisation by similar numbers and reduce excess inventory issues by 30%. All these paints a hopeful picture for this asset management software when it comes to the enterprises’ needs to track, optimise, and fully access the potential of their assets.
The winning features of IBM Maximo EAM
The first noteworthy feature of this EAM platform has to be its IoT integration, the one that IBM highlights as well. Maximo can capture data in real-time from people, sensors and other related devices to display the necessary data for performance and health tracking. It also supports API integration and allows users to access the platform from their mobile phones with features like prompt notifications readily available.
The ease of generating and managing work orders should come next. The included functionalities enable enterprises to create, track, print and modify work orders across all hierarchies and work to increase the efficiency of resource planning. Right from order placements to the completion of transactions, every step is clearly visible on the Maximo EAM.
360-degree lifecycle management is number three on the list. IBM says that their Maximo offers an entirely centralised asset lifecycle tracking system which allows users to collect relevant information regarding performance and failure possibilities across all departments of the organisation. This paves the way for predictive management of assets, reduced bottlenecks in business flow and rapid placement of preventive measures.
Efficient inventory management comes in last. The IBM Maximo Enterprise Asset Management Software provides users with a real-time dashboard listing all relevant details about their inventories, starting from supply to contracts to lead time. The easy accessibility naturally improves finance and operation decision making by reducing the dependency on outdated dataflow channels.
Other available benefits
  • Maximo is available to users as a service, dedicated service, and on-premise software with varying features in each
  • Flexibility and scalability are accessible on all three packages
  • Security is IBM standard with an assured secure cloud environment
  • Better cost management for businesses of all scales and sectors
Additionally, the IBM Maximo Enterprise Asset Management Software is also a winning platform when it comes to business intelligence features like reporting. Over 150 types of report creation and audition are offered along with varying KPI templates and management applications. In the words of IBM, enterprises can benefit through improved operations and work processes combined with integrated asset information access and unified management techniques.
IBM Maximo deserves a look
Even when other competitors are around with similar functionalities and features. The Maximo is truly diverse, packs the right asset management technicalities and provides insights on assets using modern technologies. Whether its asset procurement, management, maintenance, or contract generation, the IBM Maximo Enterprise Asset Management software can do it all. For efficiently streamlining your worldwide operations into a single centralised unit, think IBM’s Maximo EAM.

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