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TRANSFORM YOUR BUSINESS WITH INTELLIGENT ENTERPRISE ASSET MANAGEMENT


THE CHALLENGES OF ASSET-INTENSIVE ORGANIZATIONS

01


THE CHALLENGES OF ASSET-INTENSIVE ORGANIZATIONS

The critical role of enterprise asset management in an interconnected,
autonomous world.

3 min read
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MANAGING ASSETS FOR A MODERN ERA

02


MANAGING ASSETS FOR A MODERN ERA

AI tools deliver visibility and actionable insights for today’s dispersed
assets.

4 min read
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THE BENEFITS OF VISIBILITY, CONTROL AND AUTOMATION

03


THE BENEFITS OF VISIBILITY, CONTROL AND AUTOMATION

Maximize asset value to grow your business.

4 min read
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STREAMLINE YOUR OPERATIONS WITH IBM MAXIMO

04


STREAMLINE YOUR OPERATIONS WITH IBM MAXIMO

From capturing and analyzing data to predictive maintenance.

3 min read
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INDUSTRY RESULTS BACKED BY YEARS OF COLLABORATION

05


INDUSTRY RESULTS BACKED BY YEARS OF COLLABORATION

IBM Maximo works for complex industries.

4 min read
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CLIENT SUCCESS STORIES

06


CLIENT SUCCESS STORIES

Learn why Maximo is the choice among operations professionals.

2 min read
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Transform your business with intelligent enterprise asset management
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01

3 min read

The challenges of asset-intensive organizations


THE CRITICAL ROLE OF ENTERPRISE ASSET MANAGEMENT IN AN INTERCONNECTED,
AUTONOMOUS WORLD.

Across almost every asset-intensive industry — such as energy and utilities, oil
and gas, manufacturing or transportation — organizations are challenged with how
to maximize asset value throughout their lifecycle. To further complicate
matters, technology infrastructures running assets are tremendously complex,
typically running applications and data in silos that can limit the
effectiveness of cross-organizational operations and efficiencies.

Asset performance and the quality of an organization’s products and services are
impacted by the reliability of the asset or equipment. As a result, the
increased need for asset maintenance and management can have a direct impact on
customer satisfaction. In fact, in a recent survey of asset managers worldwide,
more than 75% of respondents cited system reliability as the fundamental reason
to invest in enterprise asset management (EAM). This dynamic applies to
processes as well. Production, maintenance or service processes age and erode,
so end goods or service outputs might not meet the quality standards that were
originally specified.

> More than 75% of respondents cited system reliability as the fundamental
> reason to invest in EAM.

Despite these challenges, your organization’s products or services must
constantly evolve to meet customer demands such as increased global
commoditization and competition, compliance with industry and government
regulations, green and sustainable operations, health and safety in the
workplace, and higher costs of doing business.

The ability to adapt to change by improving operations can mean the difference
between survival and extinction. Asset management, driven by cognitive insights
from IoT data, can have a significant impact. When this framework is in place,
you can optimize production and service systems within each site. As a result,
your business can wield greater control of the complex asset environments
necessary for bottom-line results.

Read the report

See what IBM Institute for Business Value has to say on how intelligent assets,
machine learning, and digital twins drive greater operational efficiency and
boost continuity.

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02 Managing assets for a modern era
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02

4 min read

Managing assets for a modern era


AI TOOLS DELIVER VISIBILITY AND ACTIONABLE INSIGHTS FOR TODAY’S DISPERSED
ASSETS.

As you raise the importance, risk, quantity, or cost of corporate, critical, or
capital assets, you will often see a corresponding rise in management’s interest
to maintain control and visibility of these assets. And with IoT, cloud and AI,
there are more opportunities than ever to collect, consolidate and analyze asset
information that helps fine-tune performance.

The amount of data around asset management processes has exploded and is
invaluable, but teams need to be able to analyze the data to make use of it. By
leveraging an EAM system with AI to visually inspect gas pipelines, rail tracks,
bridges and tunnels, AI guides technicians as they conduct complex repairs and
provides maintenance supervisors real-time visibility into the health and safety
of their technicians. Domain expertise is incorporated in the form of data to
train AI models. These capabilities improve the ability to avoid unscheduled
downtime, improve first-time fix rate, and reduce safety incidents.

HOW EAM CAN TRANSFORM YOUR BUSINESS

Work management

You need to be able to centrally manage planned and unplanned work activities,
from initial request through completion and recording of actuals. The right
combination of features can streamline work processes for increased
productivity.

Asset management

An effective EAM solution manages and optimizes the use of all assets to achieve
greater availability, reliability and performance. The result is the ability to
extend an asset’s life because it’s better maintained.

Planning and scheduling

Planners and schedulers are at the heart of optimized work processes. To lower
maintenance costs and improve resource usage, your personnel need to be able to
graphically view all work orders and preventive maintenance schedules.

Health and safety

Health, safety and environment initiatives reduce overall risk and help your
company to comply with appropriate regulations to create a safe and efficient
operating environment in which assets are used. Achieving these objectives
requires standardizing and integrating practices with day-to-day operations
management.

Supply chain management

One way to effectively manage operational applications is to consolidate them.
Organizations that want better-managed supply chains must establish a single
technology system to minimize risk and manage virtually all asset types and
information, including calibration support and use of mobile.

Finally, an intuitive user experience with easy navigation and features can
streamline work processes for increased productivity and reduce the need for
user training. The ability to geographically visualize the location of work and
assets on a map can also help increase workforce efficiency and the quality of
customer service.

Read the blog

Take existing data and merge it with real-time information to gain a complete
picture of your business.

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03 The benefits of visibility, control and automation
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03

4 min read

The benefits of visibility, control and automation


MAXIMIZE ASSET VALUE TO GROW YOUR BUSINESS.

There are petabytes of data generated by intelligent, interconnected and
autonomous systems. When combined with AI tools that provide actionable insight,
you have the potential to improve every function within an organization, i.e.
operations, engineering, quality, reliability and maintenance. With integrated
visibility, control and automation across business and technology assets, you
can achieve objectives and maximize the value of all assets supporting the
operation.

VISIBILITY PROVIDES YOUR ORGANIZATION:

 * An enterprise-wide view of asset details and processes across the
   organization
 * The ability to respond faster and make better decisions

WITH BETTER CONTROL OF ASSETS AND ASSET-RELATED DATA, YOUR COMPANY CAN:

 * Extend asset life, reduce inventory costs and control
 * Increase governance and reduce operational risk
 * Improve health, safety, and security

INCREASED AUTOMATION ALLOWS YOUR BUSINESS TO:

 * Build agility and flexibility into operations
 * Improve asset use with proactive asset management and consolidation of
   systems
 * Enhance operational capabilities by automating workflow and improving
   inventory data reliability


GROWING REVENUE THROUGH INCREASED ASSET AVAILABILITY AND RELIABILITY

Increased asset availability and reliability help improve service delivery and
grow revenue. As your organization tunes its supply chains to meet demand, asset
and equipment uptime and availability must align to these schedules, especially
as asset management has a direct impact on profitability.

Whether a good is a hard asset, such as an engine component, or a service
delivered to a customer, top-line revenue can be affected if your company
doesn’t deliver. Cost control and efficiencies created by better managing
inventory and other support services can affect your bottom-line revenue, too.
With EAM software, you can intervene in a more timely fashion and improve
productivity, reduce materials use, and decrease the cost of doing business.

Another significant challenge is to effectively balance the lowest operational
cost with the utilization loads of your asset portfolios. As a result, many
organizations commonly overstock equipment and fleets to make sure that they
always have the assets they need. Other companies stockpile spares to shorten
repair times by eliminating delays. Each of these “insurance policies” comes
with high premiums associated with constant upkeep, refurbishment and financial
carrying costs that rarely cease.

These strategies can increase, rather than decrease your costs. Using EAM helps
control or eliminate overstocking and stockpiling and can also help reduce your
fixed capital investment, contributing positive bottom-line results.


CONSIDER THAT BUSINESSES USING EAM SEE:


28.3%

increase in the productivity of maintenance1


20.1%

reduction in equipment downtime1




17.8%

decrease in inventory maintenance and repair1



Read the blog

Uncover real savings from EAM.

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1 How Maintenance Businesses are Saving Time and Cost Using CMMS? , Tech Talk
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04 Streamline your operations with IBM Maximo
Arrow left Back to table of contents

04

3 min read

Streamline your operations with IBM Maximo


FROM CAPTURING AND ANALYZING DATA TO PREDICTIVE MAINTENANCE.

IBM Maximo enterprise asset management software helps you make smarter decisions
about asset management by augmenting IoT data with powerful cognitive insights
driven by AI. IBM Maximo EAM provides the capabilities for better managing
physical infrastructure assets so you can make better decisions around all
aspects of asset management and get insights that deliver ongoing value for your
organization.


IBM MAXIMO APPLICATION SUITE

IBM Maximo Application Suite combines monitoring, maintenance, and reliability
applications into a single integrated platform. With expanded access to CMMS,
EAM and asset performance management applications, your teams can reach across
your business units to unify operations and maintain business continuity, even
under rapidly changing or disruptive conditions.

The suite helps analyze asset data with AI to provide insights that help you
make better decisions, enhance efficiency, perform preventative maintenance, and
maximize investment in physical assets.


MAXIMO APPLICATION SUITE OFFERS KEY CAPABILITIES
THAT INCLUDE:

An integrated suite
of applications
Simplified licensing including
single contract and pricing metric
Hybrid-cloud
deployment
A comprehensive view
of your assets

The Maximo Application Suite builds on IBM’s decades of leadership in the asset
and operations management space, providing a closed-loop model from capturing
and analyzing data to enabling prescriptive maintenance actions. It leverages
IBM’s deep commitment to data science and AI at enterprise scale, as well as its
recognized leadership in IoT platform, hybrid cloud, security and now digital
twin technology.

Read the blog

Learn why IBM was again named a leader in IDC Marketscape for EAM.

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05 Industry results backed by years of collaboration
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05

4 min read

Industry results backed by years of collaboration


IBM MAXIMO WORKS FOR COMPLEX INDUSTRIES.

IBM Maximo captures decades of development work in partnership with the world’s
largest, most demanding customers who are leaders in complex industries,
creating a range of industry-specific solutions for asset-intensive enterprises.
Maximo delivers increased integration bringing together both OT data (from
sensors, PLCs, DCS, SCADA systems) and IT data (from MES, ERP systems). However,
this integration has different impacts on different functions such as
operations, engineering, quality, reliability, and maintenance. The result is
world-class software options that address the special needs of industries.

Utilities
Provides special capabilities for linear assets, configuration management and
crew schedule or dispatching based on geospatial visual management tools.
Suitable for transmission and distribution in water and wastewater, gas and
electric power.
Oil and gas, mining and metals
Focuses on operational excellence by integrating safety, reliability, compliance
and performance into work management. Reduces costs through standardization,
collaboration and the adoption of better operational practices.
Life sciences
Helps monitor, track and manage equipment, facilities, mobile and IT-enabled
assets. Integrates with IBM Maximo Calibration to manage tools, traceability and
management of e-signature and gold standards. Documentation packages help meet
complex compliance requirements from the FDA and provide support in validation
projects.
Healthcare
Helps manage the complex relationship between facilities and equipment
readiness. Tracks and locates critical assets, monitors facility conditions,
complies with reporting requirements and integrates with operational health
information systems.
Nuclear power
Helps nuclear organizations manage work and asset management regulations through
detailed state management, workflows, escalations and e-signature. Suitable for
management of activities within stringent regulatory environments due to
compliance, health, safety and security.
Transportation
Provides detailed asset configuration management, fuel management, drivers’ logs
and bay scheduling tools to help improve the availability and use of critical
transportation assets in organizations operating rail, road and air traffic or
logistics.
Service providers
Helps manage profitability and SLAs by linking customer service commitments with
field teams delivering services. Related service management activities for
multiple customers are managed in a single cloud-based deployed instance
accessible by an Android or Apple device.
Civil infrastructure
Helps operators safely monitor, manage and maintain infrastructure assets,
predict failures, and prioritize repairs using visual inspection, remote
monitoring, predictive maintenance and more.
Read the infographic

See why top global industries choose Maximo.

Download (PDF, 1.3 MB)
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06 Client success stories
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06

2 min read

Client success stories


LEARN WHY MAXIMO IS THE CHOICE AMONG OPERATIONS PROFESSIONALS.

Organizations around the world — all with diverse requirements — trust Maximo
with their enterprise asset management. Together, with our ecosystem of IBM
Business Partners, clients can get the help they need to reduce downtime and
costs, unify asset management processes,  and optimize maintenance operations.
Here are a few of their stories.


CIVIL INFRASTRUCTURE

Learn how Sund & Baelt is using IBM Maximo to manage, monitor and maintain their
infrastructure.

Group 3
IBM Maximo for Civil Infrastructure with Sund & Baelt (2:29)


INDUSTRIAL

Watch how Sandvik is putting IoT and AI to work underground to reduce the impact
of production breakdowns.

Group 3
Sandvik transforms mining asset management with IoT and analytics (1:45)


ENERGY AND UTILITIES

See how Oncor uses predictive maintenance to reduce the volume and impact of
energy outages.

Group 3
Oncor (1:58)
Learn more about IBM Maximo Application Suite

Intelligent asset management, monitoring, predictive maintenance and reliability
in a single platform.

Arrow right



NEXT STEPS

Explore IBM Maximo

See how IBM Maximo can drive operational resiliency and reliability with
condition-based asset maintenance.

Get more details

Speak with an expert

Schedule a one-on-one consultation with experts who can help you transform your
asset operations with IoT data and AI.

Schedule now
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