Enterprise Asset Management Solutions
In today's competitive business environment organizations are looking for ways to increase profits, avoid equipment downtime, reduce the cost of service and repair, and optimize the use of assets. Forward-thinking companies achieve these goals by implementing asset and service management solutions.
IBM Maximo Software is the market-leading asset management vendor. Whether you are a manufacturer, an oil refinery, a telecommunications provider, or in any type of asset-intensive business, IBM Maximo Software's solutions can help you maintain your company's critical assets more effectively.
IBM Maximo helps you ensure compliance with regulatory agencies such as the FDA and OSHA and with regulations such as Sarbanes-Oxley, thereby eliminating the cost of non-compliance penalties.
With IBM Maximo, you can improve asset utilization, enhance asset reliability and availability, reduce asset maintenance costs, improve workforce productivity, manage and optimize spare part inventory, extend asset life, and increase return on assets.
Companies of all sizes and levels of complexity use IBM Maximo to manage all of their critical assets including production assets, facilities assets and transportation assets.
IBM Maximo Asset Management Software
IBM Maximo Asset Management Software capabilities maximize the lifetime value of complex assets and closely align them with your overall business strategy, allowing you to:
- Increase return on assets
- Decrease costs
- Increase productivity
- Improve asset-related decision-making
- Improve asset service delivery
- Improve regulatory compliance
- Increase business responsiveness
- Lower total cost of ownership
IBM announced Maximo Asset Management 7.1 on 18 May 2008
IBM announced its latest commitment to the Enterprise Asset Management (EAM) market with the release of the next version of its industry-leading asset management solution, Maximo Asset Management 7.1. IBM Maximo Asset Management 7.1 provides support for linear assets in addition to the improved ability to manage asset life cycle and maintenance management for a wider range of assets types including production, facilities and transportation assets (This combination of management activities is known as EAM). These improvements help customers to automate the management and control of a greater array of critical assets from a single, Service Oriented Architecture (SOA) platform. Known as application consolidation, this trend allows a more holistic approach to managing critical assets across the enterprise and reduces the costs associated with separate asset management systems. The addition of Maximo 7.1 to its existing asset and service management capabilities improves IBM's unique ability to deliver on the vision of application consolidation.
Maximo Asset Management 7.1 offers linear management functionality that is particularly relevant for industries that need to manage the unique attributes of linear assets. These industries include: railroads, to manage railways and signals, municipalities and state governments to manage highways and roads, utilities to manage power lines and public water pipelines, oil & gas to manage pipelines and telecommunications companies to manage cables and communications infrastructure. These industries all deal with the requirement to manage critical assets that are part of a distributed system.
In addition to the ability to manage linear assets, IBM Maximo 7.1 also offers enhanced capabilities for work management, job plans, work order tracking, service requests and reporting. These additions provide deeper asset management capabilities across the enterprise and eliminate the need for smaller systems that manage only one or two asset types.
IBM Maximo consists of six key systems that enable companies to successfully manage assets, including production equipment, facilities and transportation assets, in alignment with their business objectives.
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