SlideShare a Scribd company logo
© 2017 International Business Machines Corporation 1
Maximo Asset
Management
An overview of what it is and how
it can benefit your operations.
2© 2018 International Business Machines Corporation
What is Enterprise
Asset Management?
Enterprise Asset Management (EAM) is the
lifecycle management of the physical assets
of an organization.
An asset can be such things as machines,
equipment, tools, buildings, plants, vehicles
or ships.
2© 2018 International Business Machines Corporation
© 2017 International Business Machines Corporation 3
What can EAM 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
3© 2018 International Business Machines Corporation
4© 2018 International Business Machines Corporation
Top 5 EAM market trends
Internet of Things (IoT), SaaS, Analytics, Mobility, Blockchain
IoT
The number of connected
devices is exploding and each
is rife with data.
SaaS
Enables faster upgrades and opens
up the market to SMB’s.
Big Data and
advanced analytics
With more data comes
improved insights.
– Descriptive analytics
– Predictive analytics
– Prescriptive analytics
Mobility
Taking center stage as workforces
must be able to access EAM from
the field.
Blockchain
Integration with blockchain enables
stronger business networks.
4© 2018 International Business Machines Corporation
5© 2018 International Business Machines Corporation
These trends pave
the future of EAM
The IoT enables you to connect
and secure devices, optimize
operations with real-time data,
enable new business models and
engage in markets in a new way.
Transform Solve Build
No matter what industry
your assets support, we
have targeted industry
IoT solutions
Operations
Operations & product
development come together
for improved:
A strong foundation with
Watson IoT Platform
Product
development
– Asset performance
– Health and safety
– Connected products
– Facilities management
– Predictive maintenance
6© 2018 International Business Machines Corporation
Move to advanced stages of
asset maintenance with IoT
The more mature your asset maintenance
strategy is, the more value it will show to
the business.
As you move towards condition-based
and prescriptive maintenance, you put
your IoT data to work.
Asset management maturity
Asset value & business impact
Businessimpact
Performance
Calendar based
Usage based
Condition based
Prescriptive
Maintenance is
an expense
Maintenance is
an investment
© 2017 International Business Machines Corporation 7
What is IBM Maximo
Asset Management?
The world’s leading EAM
solution, used by the largest
asset intensive organizations
in the world.
“To enable a rapid, cost effective
deployment, International Power
required an asset and maintenance
management product that could
meet the business objectives of
improved effectiveness and cost
control and was supported in all
the territories of the world.”
Andrew Dickinson
IT Director
International Power
7© 2018 International Business Machines Corporation
8© 2018 International Business Machines Corporation
Who uses Maximo?
5 of the 15 busiest
shipping ports
9 of the 18 busiest
airports
16 of the 24 largest
automotive companies
8© 2018 International Business Machines Corporation
10 of the 13 largest
pharmaceuticals
companies
10 of the 20 largest
oil & gas companies
9 of the 18 largest
diversified utility
companies
7 of the 10 major
aerospace & defense
companies
9© 2018 International Business Machines Corporation
Top 10 benefits of Maximo
Increase efficiency and improve
the ability to achieve business
goals by:
	 Reducing unplanned downtime
	 Minimizing asset failures
	 Maximizing use of resources
	 Increasing asset reliability
	 Reducing inventory costs
	 Improving capital budget planning
	 Improving safety & risk management
	 Adhering to regulatory compliance
	 Extending the life of assets
	 Providing one version of the truth
ROI and value
Risk and compliance
management
– Regulatory compliance
– Health safety & environment
Business alignment
– Investment accuracy
– Supporting strategic goals
Operational excellence
– Best practices
– Reliability
System consolidation
– One version of the truth
– Cost and complexity
Business agility
– Process standardization
– Ability to adapt
10
9
8
7
6
5
4
3
2
1
© 2017 International Business Machines Corporation 10
Integrated capabilities of Maximo
Asset management
– Location/Function, work, and cost history
– Roll-up costs
– Asset modeling
– Improved asset safety
Work management
– Job plans for recurring tasks
– Predictive maintenance
– Manage labor, skills, qualifications
– Mobile enablement for better point
	 of failure data collection
Planning and scheduling
– Ensures assignment of the right
	 person, with the right skills
– Drag-and-drop team assignments
	 accelerates schedule optimization
Health Safety Environment
– Standardize HS&E practices
– Operators log risk assessment, incident
	 management, Investigation and correction
– Planning for hazard identification, risk
	 assessment, and risk control
Analytics
– Descriptive, predictive and
	 prescriptive analytics
– Built on industry-leading Cognos
	 business intelligence software
– Available & customizable by user type
Supply chain
– Manage inventory across storerooms
	 and sites for better visibility
– Eliminate costly off-contract buying
– Improved monitoring of vendor performance
– Fully manage receipts, inspections
	 and vendor payments
10© 2018 International Business Machines Corporation
© 2017 International Business Machines Corporation 11
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.
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.
Maintenance Managers
can see job plans enabled by availability
of information to increase asset capacity.
Field Technicians
can see work assigned to them and
capture critical data about assets in
a mobile device.
11© 2018 International Business Machines Corporation
© 2017 International Business Machines Corporation 12
What industries depend
on Maximo?
Maximo Asset
Management meets
the needs of various
industries and their
types of assets.
Manufacturing
– Plants and production lines
– Warehouses
Buildings
– Commercial offices
– Government buildings
– Schools and college campuses
– Hospitals
Transportation
– Roads, bridges, vehicles
– Rails, trains
– Airports, aircraft
Water
– Wells and dams
– Treatment plants
– Pipes and valves
And more...Energy
– Transmission and distribution networks
– Power plants
– Drilling platforms and wells
– Refineries
12© 2018 International Business Machines Corporation
13© 2018 International Business Machines Corporation
Real examples: Addressing
challenges to drive ROI
Insight into how companies in
the transportation industry use
Maximo:
A power generation utility
5 percent reduction in
planned overhauls and
eliminated 5 percent of
forced outages saving
USD 4.6 million annually
A large passenger railroad
was able to identify USD
18 million in excess or
obsolete inventory
A large OEM reduced
overhaul process time
from 56 days to 21 days
A fleet management
company saved USD 9.5
million by meeting 100
percent availability with
less
A railroad saved USD
1.8 million impacting
areas such as financing,
insurance, handling
and overhead
A rail maintenance service
company reduced costs
20 percent by optimizing
material purchases
A consumer products
company with a medium
size fleet increased
warranty recovery 50
percent
A major US railroad saved
USD 5 million by better
tracking labor to specific
work
© 2017 International Business Machines Corporation 14
Maximo is the market leader
and has been for years
IBM Maximo has the leading overall
market share in the 2016 Global
Study published June 2017.
IBM Maximo has been the market
leader in the last ten ARC Global
Studies published.
IBM Maximo is the leader in
21 of 34 categories.
“Maximo solutions for EAM
are well proven with deep
functionality and specific vertical
industry solutions. This has
helped continue its leadership
for over a decade.”
Ralph Rio
Research Director
ARC Advisory Group
14© 2018 International Business Machines Corporation
© 2017 International Business Machines Corporation 15
Maximo is the market leader
and has been for years
Gartner has recognized IBM
as a leader in the Magic
Quadrant since 1996.
Gartner has recognized IBM
as a leader in The Magic
Quadrant for Enterprise
Asset Management Software.
Magic Quadrant for Enterprise
Asset Management Software,
Kristian Steenstrup, Nicole
Foust, November 9, 2017.
Gartner does not endorse any vendor,
product or service depicted in its research
publications, and does not advise technology
users to select only those vendors with the
highest rating or other designation. Gartner
research publications consist of the opinions
of Gartner’s research organization and should
not be construed as statements of fact.
Gartner disclaims all warranties, expressed
or implied, with respect to this research,
including any warranties of merchantability or
fitness for a particular purpose. G00325830
Link to complete Magic Quadrant
https://www.gartner.com/doc/reprints?id=1-
4KKGOY9&ct=171115&st=sb
15© 2018 International Business Machines Corporation
CHALLENGERS
Mainsaver
eMaint
Oracle
ABB (Asset suite)
Scheider Electric
ABB (Ellipse)
Ramco Systems
Infor
IBM
SAP
IFS
LEADERS
NICHE PLAYERS
ABILITYTOEXECUTE
COMPLETENESS OF VISION As of August 2017 © Gartner, Inc
VISIONARIES
© 2017 International Business Machines Corporation 1616© 2018 International Business Machines Corporation
Beta Maximo
for Blockchain
Transparency in
contracts and
supply chains
IBM Maximo
Anywhere
Mobile asset
management
IBM Maximo new
user experience
Augmented Reality
Lab services offering
for asset management
IBM Maximo Asset
Health Insights
Manage health of
critical assets
IBM Maximo:
Investments and innovation
17© 2018 International Business Machines Corporation
Try the demo today
Maximo demo for Enterprise
Asset Management
© 2018 International Business Machines Corporation
IBM Maximo Asset Management

More Related Content

What's hot

Generic Maximo Business Processes
Generic Maximo Business ProcessesGeneric Maximo Business Processes
Generic Maximo Business ProcessesMisha Jain
 
Application Portfolio Management
Application Portfolio ManagementApplication Portfolio Management
Application Portfolio ManagementAlain Charpentier
 
Concepts of cutover planning and management
Concepts of cutover planning and managementConcepts of cutover planning and management
Concepts of cutover planning and managementSanjay Choubey
 
Application Management Service Offerings
Application Management Service OfferingsApplication Management Service Offerings
Application Management Service OfferingsGss America
 
IBM Maximo Asset Management solutions for the oil and gas industry
IBM Maximo Asset Management solutions for the oil and gas industryIBM Maximo Asset Management solutions for the oil and gas industry
IBM Maximo Asset Management solutions for the oil and gas industryIBM Chemical Petroleum
 
Application Management Services
Application Management ServicesApplication Management Services
Application Management ServicesAshish Srivastava
 
Application Portfolio Rationalization
Application Portfolio RationalizationApplication Portfolio Rationalization
Application Portfolio RationalizationBob Rhubart
 
Application Management Framework
Application Management FrameworkApplication Management Framework
Application Management FrameworkRory Mackay
 
Application Management Services
Application Management ServicesApplication Management Services
Application Management Servicesvenu1506
 
Maximo Oil and Gas 7.6.1 HSE: Overview
Maximo Oil and Gas 7.6.1 HSE: Overview Maximo Oil and Gas 7.6.1 HSE: Overview
Maximo Oil and Gas 7.6.1 HSE: Overview Helen Fisher
 
Solution deck capgemini cloud assessment
Solution deck capgemini cloud assessmentSolution deck capgemini cloud assessment
Solution deck capgemini cloud assessmentAdobe
 
IBM Maximo for Utilities
IBM Maximo for UtilitiesIBM Maximo for Utilities
IBM Maximo for UtilitiesVincent Kwon
 
Maximo76 designer431 report development guide_rev8
Maximo76 designer431 report development guide_rev8Maximo76 designer431 report development guide_rev8
Maximo76 designer431 report development guide_rev8mohamed gamal
 

What's hot (20)

Generic Maximo Business Processes
Generic Maximo Business ProcessesGeneric Maximo Business Processes
Generic Maximo Business Processes
 
Application Portfolio Management
Application Portfolio ManagementApplication Portfolio Management
Application Portfolio Management
 
DMS component for MAXIMO
DMS component for MAXIMODMS component for MAXIMO
DMS component for MAXIMO
 
Concepts of cutover planning and management
Concepts of cutover planning and managementConcepts of cutover planning and management
Concepts of cutover planning and management
 
Application Management Service Offerings
Application Management Service OfferingsApplication Management Service Offerings
Application Management Service Offerings
 
IBM Maximo Asset Management solutions for the oil and gas industry
IBM Maximo Asset Management solutions for the oil and gas industryIBM Maximo Asset Management solutions for the oil and gas industry
IBM Maximo Asset Management solutions for the oil and gas industry
 
Maximo Scheduler 7.5.1
Maximo Scheduler 7.5.1Maximo Scheduler 7.5.1
Maximo Scheduler 7.5.1
 
Maximo 7.6.0.8
Maximo 7.6.0.8Maximo 7.6.0.8
Maximo 7.6.0.8
 
Application Management Services
Application Management ServicesApplication Management Services
Application Management Services
 
Oracle EPM/BI Overview
Oracle EPM/BI OverviewOracle EPM/BI Overview
Oracle EPM/BI Overview
 
Application Portfolio Rationalization
Application Portfolio RationalizationApplication Portfolio Rationalization
Application Portfolio Rationalization
 
Application Management Framework
Application Management FrameworkApplication Management Framework
Application Management Framework
 
Application Management Services
Application Management ServicesApplication Management Services
Application Management Services
 
ITChamps - Application Management Services
ITChamps - Application Management ServicesITChamps - Application Management Services
ITChamps - Application Management Services
 
Maximo Oil and Gas 7.6.1 HSE: Overview
Maximo Oil and Gas 7.6.1 HSE: Overview Maximo Oil and Gas 7.6.1 HSE: Overview
Maximo Oil and Gas 7.6.1 HSE: Overview
 
Application Portfolio Management
Application Portfolio ManagementApplication Portfolio Management
Application Portfolio Management
 
Solution deck capgemini cloud assessment
Solution deck capgemini cloud assessmentSolution deck capgemini cloud assessment
Solution deck capgemini cloud assessment
 
IBM Maximo for Utilities
IBM Maximo for UtilitiesIBM Maximo for Utilities
IBM Maximo for Utilities
 
Maximo76 designer431 report development guide_rev8
Maximo76 designer431 report development guide_rev8Maximo76 designer431 report development guide_rev8
Maximo76 designer431 report development guide_rev8
 
SAP PPM 6.0 powered by HANA
SAP PPM 6.0 powered by HANASAP PPM 6.0 powered by HANA
SAP PPM 6.0 powered by HANA
 

Similar to IBM Maximo Asset Management

IBM vision for aviation
IBM vision for aviationIBM vision for aviation
IBM vision for aviationebuc
 
Ramco EAM for Manufaturing
Ramco EAM for ManufaturingRamco EAM for Manufaturing
Ramco EAM for ManufaturingRamco Systems
 
Systech Company Profile 2016 v2
Systech Company Profile 2016 v2Systech Company Profile 2016 v2
Systech Company Profile 2016 v2Faiz Arif
 
MaxGrip Corporate brochure A4
MaxGrip Corporate brochure A4MaxGrip Corporate brochure A4
MaxGrip Corporate brochure A4Marcel Morsing
 
2018 McRock Capital IIoT Symposium: Antonio Pietri, Aspentech
2018 McRock Capital IIoT Symposium: Antonio Pietri, Aspentech2018 McRock Capital IIoT Symposium: Antonio Pietri, Aspentech
2018 McRock Capital IIoT Symposium: Antonio Pietri, AspentechMTechHub
 
BPD Zenith Maximo Case Study - Australian Maritime Systems
BPD Zenith Maximo Case Study - Australian Maritime SystemsBPD Zenith Maximo Case Study - Australian Maritime Systems
BPD Zenith Maximo Case Study - Australian Maritime SystemsHelen Fisher
 
AMI Global Award Write Up
AMI Global Award Write UpAMI Global Award Write Up
AMI Global Award Write UpClaudia Toscano
 
Application of Big Data Systems to Airline Management
Application of Big Data Systems to Airline ManagementApplication of Big Data Systems to Airline Management
Application of Big Data Systems to Airline ManagementIJLT EMAS
 
Take Charge of Your Cloud Migrations with Dependency Mapping, Inventory and U...
Take Charge of Your Cloud Migrations with Dependency Mapping, Inventory and U...Take Charge of Your Cloud Migrations with Dependency Mapping, Inventory and U...
Take Charge of Your Cloud Migrations with Dependency Mapping, Inventory and U...Enterprise Management Associates
 
2013 06 04_5228_case_manager_overview__micha
2013 06 04_5228_case_manager_overview__micha2013 06 04_5228_case_manager_overview__micha
2013 06 04_5228_case_manager_overview__michaKatleen Aems
 
Aviation Digital Disruption
Aviation Digital Disruption Aviation Digital Disruption
Aviation Digital Disruption Michael Denis
 
Motor transport-supplement-2017
Motor transport-supplement-2017Motor transport-supplement-2017
Motor transport-supplement-2017Chris Woods
 
IBM Maximo Product Roadmap 2016
IBM Maximo Product Roadmap 2016IBM Maximo Product Roadmap 2016
IBM Maximo Product Roadmap 2016Helen Fisher
 
Smarter Transportation
Smarter TransportationSmarter Transportation
Smarter TransportationIBM Danmark
 
Future-Proofing Asset Failures with Cognitive Predictive Maintenance
Future-Proofing Asset Failures with Cognitive Predictive MaintenanceFuture-Proofing Asset Failures with Cognitive Predictive Maintenance
Future-Proofing Asset Failures with Cognitive Predictive MaintenanceAnita Raj
 
iMark Company Brochure
iMark Company BrochureiMark Company Brochure
iMark Company Brochureimark360
 
Big Data Analytics and Artifical Intelligence
Big Data Analytics and Artifical IntelligenceBig Data Analytics and Artifical Intelligence
Big Data Analytics and Artifical IntelligenceAnand Narayanan
 
Maintcon 2018 - Deepak Sahoo, CEO - Arrelic Presentation
Maintcon 2018 - Deepak Sahoo, CEO - Arrelic PresentationMaintcon 2018 - Deepak Sahoo, CEO - Arrelic Presentation
Maintcon 2018 - Deepak Sahoo, CEO - Arrelic PresentationArrelic
 
Maximo differentiators
Maximo differentiatorsMaximo differentiators
Maximo differentiatorsProjetech
 

Similar to IBM Maximo Asset Management (20)

IBM vision for aviation
IBM vision for aviationIBM vision for aviation
IBM vision for aviation
 
Ramco EAM for Manufaturing
Ramco EAM for ManufaturingRamco EAM for Manufaturing
Ramco EAM for Manufaturing
 
Systech Company Profile 2016 v2
Systech Company Profile 2016 v2Systech Company Profile 2016 v2
Systech Company Profile 2016 v2
 
Oil & Gas Themes 2016
Oil & Gas Themes 2016Oil & Gas Themes 2016
Oil & Gas Themes 2016
 
MaxGrip Corporate brochure A4
MaxGrip Corporate brochure A4MaxGrip Corporate brochure A4
MaxGrip Corporate brochure A4
 
2018 McRock Capital IIoT Symposium: Antonio Pietri, Aspentech
2018 McRock Capital IIoT Symposium: Antonio Pietri, Aspentech2018 McRock Capital IIoT Symposium: Antonio Pietri, Aspentech
2018 McRock Capital IIoT Symposium: Antonio Pietri, Aspentech
 
BPD Zenith Maximo Case Study - Australian Maritime Systems
BPD Zenith Maximo Case Study - Australian Maritime SystemsBPD Zenith Maximo Case Study - Australian Maritime Systems
BPD Zenith Maximo Case Study - Australian Maritime Systems
 
AMI Global Award Write Up
AMI Global Award Write UpAMI Global Award Write Up
AMI Global Award Write Up
 
Application of Big Data Systems to Airline Management
Application of Big Data Systems to Airline ManagementApplication of Big Data Systems to Airline Management
Application of Big Data Systems to Airline Management
 
Take Charge of Your Cloud Migrations with Dependency Mapping, Inventory and U...
Take Charge of Your Cloud Migrations with Dependency Mapping, Inventory and U...Take Charge of Your Cloud Migrations with Dependency Mapping, Inventory and U...
Take Charge of Your Cloud Migrations with Dependency Mapping, Inventory and U...
 
2013 06 04_5228_case_manager_overview__micha
2013 06 04_5228_case_manager_overview__micha2013 06 04_5228_case_manager_overview__micha
2013 06 04_5228_case_manager_overview__micha
 
Aviation Digital Disruption
Aviation Digital Disruption Aviation Digital Disruption
Aviation Digital Disruption
 
Motor transport-supplement-2017
Motor transport-supplement-2017Motor transport-supplement-2017
Motor transport-supplement-2017
 
IBM Maximo Product Roadmap 2016
IBM Maximo Product Roadmap 2016IBM Maximo Product Roadmap 2016
IBM Maximo Product Roadmap 2016
 
Smarter Transportation
Smarter TransportationSmarter Transportation
Smarter Transportation
 
Future-Proofing Asset Failures with Cognitive Predictive Maintenance
Future-Proofing Asset Failures with Cognitive Predictive MaintenanceFuture-Proofing Asset Failures with Cognitive Predictive Maintenance
Future-Proofing Asset Failures with Cognitive Predictive Maintenance
 
iMark Company Brochure
iMark Company BrochureiMark Company Brochure
iMark Company Brochure
 
Big Data Analytics and Artifical Intelligence
Big Data Analytics and Artifical IntelligenceBig Data Analytics and Artifical Intelligence
Big Data Analytics and Artifical Intelligence
 
Maintcon 2018 - Deepak Sahoo, CEO - Arrelic Presentation
Maintcon 2018 - Deepak Sahoo, CEO - Arrelic PresentationMaintcon 2018 - Deepak Sahoo, CEO - Arrelic Presentation
Maintcon 2018 - Deepak Sahoo, CEO - Arrelic Presentation
 
Maximo differentiators
Maximo differentiatorsMaximo differentiators
Maximo differentiators
 

More from IBM Internet of Things

Regulatory Reality Check: Improve trust, compliance and visibility with IoT a...
Regulatory Reality Check: Improve trust, compliance and visibility with IoT a...Regulatory Reality Check: Improve trust, compliance and visibility with IoT a...
Regulatory Reality Check: Improve trust, compliance and visibility with IoT a...IBM Internet of Things
 
Top 3 Sessions featuring AI and IoT at Think 2019
Top 3 Sessions featuring AI and IoT at Think 2019 Top 3 Sessions featuring AI and IoT at Think 2019
Top 3 Sessions featuring AI and IoT at Think 2019 IBM Internet of Things
 
Hannover Messe: Evolution of a cognitive Digital Twin
Hannover Messe: Evolution of a cognitive Digital TwinHannover Messe: Evolution of a cognitive Digital Twin
Hannover Messe: Evolution of a cognitive Digital TwinIBM Internet of Things
 
IoT Slam Keynote: The Rise of the IoT Application with Chris O'Connor
IoT Slam Keynote: The Rise of the IoT Application with Chris O'ConnorIoT Slam Keynote: The Rise of the IoT Application with Chris O'Connor
IoT Slam Keynote: The Rise of the IoT Application with Chris O'ConnorIBM Internet of Things
 
IBM Watson Internet of Things: Introducing Digital Twin
IBM Watson Internet of Things: Introducing Digital TwinIBM Watson Internet of Things: Introducing Digital Twin
IBM Watson Internet of Things: Introducing Digital TwinIBM Internet of Things
 
Journey to Industry 4.0 and beyond with Cognitive Manufacturing
Journey to Industry 4.0 and beyond with Cognitive ManufacturingJourney to Industry 4.0 and beyond with Cognitive Manufacturing
Journey to Industry 4.0 and beyond with Cognitive ManufacturingIBM Internet of Things
 
The New Retail Revolution: Connected Store
The New Retail Revolution: Connected StoreThe New Retail Revolution: Connected Store
The New Retail Revolution: Connected StoreIBM Internet of Things
 
IBM and Siemens are transforming Real Estate
IBM and Siemens are transforming Real EstateIBM and Siemens are transforming Real Estate
IBM and Siemens are transforming Real EstateIBM Internet of Things
 
10 innovative ways the Crystal building is using IoT
10 innovative ways the Crystal building is using IoT10 innovative ways the Crystal building is using IoT
10 innovative ways the Crystal building is using IoTIBM Internet of Things
 
Race Across America 206 with David Haase
Race Across America 206 with David HaaseRace Across America 206 with David Haase
Race Across America 206 with David HaaseIBM Internet of Things
 
Improving operations with predictive maintenance
Improving operations with predictive maintenanceImproving operations with predictive maintenance
Improving operations with predictive maintenanceIBM Internet of Things
 

More from IBM Internet of Things (18)

Regulatory Reality Check: Improve trust, compliance and visibility with IoT a...
Regulatory Reality Check: Improve trust, compliance and visibility with IoT a...Regulatory Reality Check: Improve trust, compliance and visibility with IoT a...
Regulatory Reality Check: Improve trust, compliance and visibility with IoT a...
 
Top 3 Sessions featuring AI and IoT at Think 2019
Top 3 Sessions featuring AI and IoT at Think 2019 Top 3 Sessions featuring AI and IoT at Think 2019
Top 3 Sessions featuring AI and IoT at Think 2019
 
IBM at MaximoWorld 2018: Journey Map
IBM at MaximoWorld 2018: Journey MapIBM at MaximoWorld 2018: Journey Map
IBM at MaximoWorld 2018: Journey Map
 
Hannover Messe: Evolution of a cognitive Digital Twin
Hannover Messe: Evolution of a cognitive Digital TwinHannover Messe: Evolution of a cognitive Digital Twin
Hannover Messe: Evolution of a cognitive Digital Twin
 
Genius of Things Houston
Genius of Things HoustonGenius of Things Houston
Genius of Things Houston
 
Digital Twin: Starting the journey
Digital Twin: Starting the journeyDigital Twin: Starting the journey
Digital Twin: Starting the journey
 
Maximo Field Service Management
Maximo Field Service ManagementMaximo Field Service Management
Maximo Field Service Management
 
IoT Slam Keynote: The Rise of the IoT Application with Chris O'Connor
IoT Slam Keynote: The Rise of the IoT Application with Chris O'ConnorIoT Slam Keynote: The Rise of the IoT Application with Chris O'Connor
IoT Slam Keynote: The Rise of the IoT Application with Chris O'Connor
 
IBM Watson Internet of Things: Introducing Digital Twin
IBM Watson Internet of Things: Introducing Digital TwinIBM Watson Internet of Things: Introducing Digital Twin
IBM Watson Internet of Things: Introducing Digital Twin
 
The Full Spectrum of IoT Electronics
The Full Spectrum of IoT ElectronicsThe Full Spectrum of IoT Electronics
The Full Spectrum of IoT Electronics
 
Journey to Industry 4.0 and beyond with Cognitive Manufacturing
Journey to Industry 4.0 and beyond with Cognitive ManufacturingJourney to Industry 4.0 and beyond with Cognitive Manufacturing
Journey to Industry 4.0 and beyond with Cognitive Manufacturing
 
The New Retail Revolution: Connected Store
The New Retail Revolution: Connected StoreThe New Retail Revolution: Connected Store
The New Retail Revolution: Connected Store
 
World of Watson IoT Journey Map
World of Watson IoT Journey MapWorld of Watson IoT Journey Map
World of Watson IoT Journey Map
 
IBM and Siemens are transforming Real Estate
IBM and Siemens are transforming Real EstateIBM and Siemens are transforming Real Estate
IBM and Siemens are transforming Real Estate
 
10 innovative ways the Crystal building is using IoT
10 innovative ways the Crystal building is using IoT10 innovative ways the Crystal building is using IoT
10 innovative ways the Crystal building is using IoT
 
Race Across America 206 with David Haase
Race Across America 206 with David HaaseRace Across America 206 with David Haase
Race Across America 206 with David Haase
 
Improving operations with predictive maintenance
Improving operations with predictive maintenanceImproving operations with predictive maintenance
Improving operations with predictive maintenance
 
IBM Internet of Things Offerings
IBM Internet of Things OfferingsIBM Internet of Things Offerings
IBM Internet of Things Offerings
 

Recently uploaded

Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
 
SOQL 201 for Admins & Developers: Slice & Dice Your Org’s Data With Aggregate...
SOQL 201 for Admins & Developers: Slice & Dice Your Org’s Data With Aggregate...SOQL 201 for Admins & Developers: Slice & Dice Your Org’s Data With Aggregate...
SOQL 201 for Admins & Developers: Slice & Dice Your Org’s Data With Aggregate...CzechDreamin
 
Intro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджераIntro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджераMark Opanasiuk
 
"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor TurskyiFwdays
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsPaul Groth
 
Agentic RAG What it is its types applications and implementation.pdf
Agentic RAG What it is its types applications and implementation.pdfAgentic RAG What it is its types applications and implementation.pdf
Agentic RAG What it is its types applications and implementation.pdfChristopherTHyatt
 
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptxIOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptxAbida Shariff
 
Powerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara LaskowskaPowerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara LaskowskaCzechDreamin
 
Designing for Hardware Accessibility at Comcast
Designing for Hardware Accessibility at ComcastDesigning for Hardware Accessibility at Comcast
Designing for Hardware Accessibility at ComcastUXDXConf
 
JMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaJMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaRTTS
 
UiPath Test Automation using UiPath Test Suite series, part 1
UiPath Test Automation using UiPath Test Suite series, part 1UiPath Test Automation using UiPath Test Suite series, part 1
UiPath Test Automation using UiPath Test Suite series, part 1DianaGray10
 
AI revolution and Salesforce, Jiří Karpíšek
AI revolution and Salesforce, Jiří KarpíšekAI revolution and Salesforce, Jiří Karpíšek
AI revolution and Salesforce, Jiří KarpíšekCzechDreamin
 
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)Julian Hyde
 
In-Depth Performance Testing Guide for IT Professionals
In-Depth Performance Testing Guide for IT ProfessionalsIn-Depth Performance Testing Guide for IT Professionals
In-Depth Performance Testing Guide for IT ProfessionalsExpeed Software
 
Structuring Teams and Portfolios for Success
Structuring Teams and Portfolios for SuccessStructuring Teams and Portfolios for Success
Structuring Teams and Portfolios for SuccessUXDXConf
 
Salesforce Adoption – Metrics, Methods, and Motivation, Antone Kom
Salesforce Adoption – Metrics, Methods, and Motivation, Antone KomSalesforce Adoption – Metrics, Methods, and Motivation, Antone Kom
Salesforce Adoption – Metrics, Methods, and Motivation, Antone KomCzechDreamin
 
Unpacking Value Delivery - Agile Oxford Meetup - May 2024.pptx
Unpacking Value Delivery - Agile Oxford Meetup - May 2024.pptxUnpacking Value Delivery - Agile Oxford Meetup - May 2024.pptx
Unpacking Value Delivery - Agile Oxford Meetup - May 2024.pptxDavid Michel
 
Intelligent Gimbal FINAL PAPER Engineering.pdf
Intelligent Gimbal FINAL PAPER Engineering.pdfIntelligent Gimbal FINAL PAPER Engineering.pdf
Intelligent Gimbal FINAL PAPER Engineering.pdfAnthony Lucente
 
Optimizing NoSQL Performance Through Observability
Optimizing NoSQL Performance Through ObservabilityOptimizing NoSQL Performance Through Observability
Optimizing NoSQL Performance Through ObservabilityScyllaDB
 
UiPath Test Automation using UiPath Test Suite series, part 2
UiPath Test Automation using UiPath Test Suite series, part 2UiPath Test Automation using UiPath Test Suite series, part 2
UiPath Test Automation using UiPath Test Suite series, part 2DianaGray10
 

Recently uploaded (20)

Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
 
SOQL 201 for Admins & Developers: Slice & Dice Your Org’s Data With Aggregate...
SOQL 201 for Admins & Developers: Slice & Dice Your Org’s Data With Aggregate...SOQL 201 for Admins & Developers: Slice & Dice Your Org’s Data With Aggregate...
SOQL 201 for Admins & Developers: Slice & Dice Your Org’s Data With Aggregate...
 
Intro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджераIntro in Product Management - Коротко про професію продакт менеджера
Intro in Product Management - Коротко про професію продакт менеджера
 
"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
 
Agentic RAG What it is its types applications and implementation.pdf
Agentic RAG What it is its types applications and implementation.pdfAgentic RAG What it is its types applications and implementation.pdf
Agentic RAG What it is its types applications and implementation.pdf
 
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptxIOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
IOS-PENTESTING-BEGINNERS-PRACTICAL-GUIDE-.pptx
 
Powerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara LaskowskaPowerful Start- the Key to Project Success, Barbara Laskowska
Powerful Start- the Key to Project Success, Barbara Laskowska
 
Designing for Hardware Accessibility at Comcast
Designing for Hardware Accessibility at ComcastDesigning for Hardware Accessibility at Comcast
Designing for Hardware Accessibility at Comcast
 
JMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaJMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and Grafana
 
UiPath Test Automation using UiPath Test Suite series, part 1
UiPath Test Automation using UiPath Test Suite series, part 1UiPath Test Automation using UiPath Test Suite series, part 1
UiPath Test Automation using UiPath Test Suite series, part 1
 
AI revolution and Salesforce, Jiří Karpíšek
AI revolution and Salesforce, Jiří KarpíšekAI revolution and Salesforce, Jiří Karpíšek
AI revolution and Salesforce, Jiří Karpíšek
 
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)
Measures in SQL (a talk at SF Distributed Systems meetup, 2024-05-22)
 
In-Depth Performance Testing Guide for IT Professionals
In-Depth Performance Testing Guide for IT ProfessionalsIn-Depth Performance Testing Guide for IT Professionals
In-Depth Performance Testing Guide for IT Professionals
 
Structuring Teams and Portfolios for Success
Structuring Teams and Portfolios for SuccessStructuring Teams and Portfolios for Success
Structuring Teams and Portfolios for Success
 
Salesforce Adoption – Metrics, Methods, and Motivation, Antone Kom
Salesforce Adoption – Metrics, Methods, and Motivation, Antone KomSalesforce Adoption – Metrics, Methods, and Motivation, Antone Kom
Salesforce Adoption – Metrics, Methods, and Motivation, Antone Kom
 
Unpacking Value Delivery - Agile Oxford Meetup - May 2024.pptx
Unpacking Value Delivery - Agile Oxford Meetup - May 2024.pptxUnpacking Value Delivery - Agile Oxford Meetup - May 2024.pptx
Unpacking Value Delivery - Agile Oxford Meetup - May 2024.pptx
 
Intelligent Gimbal FINAL PAPER Engineering.pdf
Intelligent Gimbal FINAL PAPER Engineering.pdfIntelligent Gimbal FINAL PAPER Engineering.pdf
Intelligent Gimbal FINAL PAPER Engineering.pdf
 
Optimizing NoSQL Performance Through Observability
Optimizing NoSQL Performance Through ObservabilityOptimizing NoSQL Performance Through Observability
Optimizing NoSQL Performance Through Observability
 
UiPath Test Automation using UiPath Test Suite series, part 2
UiPath Test Automation using UiPath Test Suite series, part 2UiPath Test Automation using UiPath Test Suite series, part 2
UiPath Test Automation using UiPath Test Suite series, part 2
 

IBM Maximo Asset Management

  • 1. © 2017 International Business Machines Corporation 1 Maximo Asset Management An overview of what it is and how it can benefit your operations.
  • 2. 2© 2018 International Business Machines Corporation What is Enterprise Asset Management? Enterprise Asset Management (EAM) is the lifecycle management of the physical assets of an organization. An asset can be such things as machines, equipment, tools, buildings, plants, vehicles or ships. 2© 2018 International Business Machines Corporation
  • 3. © 2017 International Business Machines Corporation 3 What can EAM 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 3© 2018 International Business Machines Corporation
  • 4. 4© 2018 International Business Machines Corporation Top 5 EAM market trends Internet of Things (IoT), SaaS, Analytics, Mobility, Blockchain IoT The number of connected devices is exploding and each is rife with data. SaaS Enables faster upgrades and opens up the market to SMB’s. Big Data and advanced analytics With more data comes improved insights. – Descriptive analytics – Predictive analytics – Prescriptive analytics Mobility Taking center stage as workforces must be able to access EAM from the field. Blockchain Integration with blockchain enables stronger business networks. 4© 2018 International Business Machines Corporation
  • 5. 5© 2018 International Business Machines Corporation These trends pave the future of EAM The IoT enables you to connect and secure devices, optimize operations with real-time data, enable new business models and engage in markets in a new way. Transform Solve Build No matter what industry your assets support, we have targeted industry IoT solutions Operations Operations & product development come together for improved: A strong foundation with Watson IoT Platform Product development – Asset performance – Health and safety – Connected products – Facilities management – Predictive maintenance
  • 6. 6© 2018 International Business Machines Corporation Move to advanced stages of asset maintenance with IoT The more mature your asset maintenance strategy is, the more value it will show to the business. As you move towards condition-based and prescriptive maintenance, you put your IoT data to work. Asset management maturity Asset value & business impact Businessimpact Performance Calendar based Usage based Condition based Prescriptive Maintenance is an expense Maintenance is an investment
  • 7. © 2017 International Business Machines Corporation 7 What is IBM Maximo Asset Management? The world’s leading EAM solution, used by the largest asset intensive organizations in the world. “To enable a rapid, cost effective deployment, International Power required an asset and maintenance management product that could meet the business objectives of improved effectiveness and cost control and was supported in all the territories of the world.” Andrew Dickinson IT Director International Power 7© 2018 International Business Machines Corporation
  • 8. 8© 2018 International Business Machines Corporation Who uses Maximo? 5 of the 15 busiest shipping ports 9 of the 18 busiest airports 16 of the 24 largest automotive companies 8© 2018 International Business Machines Corporation 10 of the 13 largest pharmaceuticals companies 10 of the 20 largest oil & gas companies 9 of the 18 largest diversified utility companies 7 of the 10 major aerospace & defense companies
  • 9. 9© 2018 International Business Machines Corporation Top 10 benefits of Maximo Increase efficiency and improve the ability to achieve business goals by: Reducing unplanned downtime Minimizing asset failures Maximizing use of resources Increasing asset reliability Reducing inventory costs Improving capital budget planning Improving safety & risk management Adhering to regulatory compliance Extending the life of assets Providing one version of the truth ROI and value Risk and compliance management – Regulatory compliance – Health safety & environment Business alignment – Investment accuracy – Supporting strategic goals Operational excellence – Best practices – Reliability System consolidation – One version of the truth – Cost and complexity Business agility – Process standardization – Ability to adapt 10 9 8 7 6 5 4 3 2 1
  • 10. © 2017 International Business Machines Corporation 10 Integrated capabilities of Maximo Asset management – Location/Function, work, and cost history – Roll-up costs – Asset modeling – Improved asset safety Work management – Job plans for recurring tasks – Predictive maintenance – Manage labor, skills, qualifications – Mobile enablement for better point of failure data collection Planning and scheduling – Ensures assignment of the right person, with the right skills – Drag-and-drop team assignments accelerates schedule optimization Health Safety Environment – Standardize HS&E practices – Operators log risk assessment, incident management, Investigation and correction – Planning for hazard identification, risk assessment, and risk control Analytics – Descriptive, predictive and prescriptive analytics – Built on industry-leading Cognos business intelligence software – Available & customizable by user type Supply chain – Manage inventory across storerooms and sites for better visibility – Eliminate costly off-contract buying – Improved monitoring of vendor performance – Fully manage receipts, inspections and vendor payments 10© 2018 International Business Machines Corporation
  • 11. © 2017 International Business Machines Corporation 11 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. 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. Maintenance Managers can see job plans enabled by availability of information to increase asset capacity. Field Technicians can see work assigned to them and capture critical data about assets in a mobile device. 11© 2018 International Business Machines Corporation
  • 12. © 2017 International Business Machines Corporation 12 What industries depend on Maximo? Maximo Asset Management meets the needs of various industries and their types of assets. Manufacturing – Plants and production lines – Warehouses Buildings – Commercial offices – Government buildings – Schools and college campuses – Hospitals Transportation – Roads, bridges, vehicles – Rails, trains – Airports, aircraft Water – Wells and dams – Treatment plants – Pipes and valves And more...Energy – Transmission and distribution networks – Power plants – Drilling platforms and wells – Refineries 12© 2018 International Business Machines Corporation
  • 13. 13© 2018 International Business Machines Corporation Real examples: Addressing challenges to drive ROI Insight into how companies in the transportation industry use Maximo: A power generation utility 5 percent reduction in planned overhauls and eliminated 5 percent of forced outages saving USD 4.6 million annually A large passenger railroad was able to identify USD 18 million in excess or obsolete inventory A large OEM reduced overhaul process time from 56 days to 21 days A fleet management company saved USD 9.5 million by meeting 100 percent availability with less A railroad saved USD 1.8 million impacting areas such as financing, insurance, handling and overhead A rail maintenance service company reduced costs 20 percent by optimizing material purchases A consumer products company with a medium size fleet increased warranty recovery 50 percent A major US railroad saved USD 5 million by better tracking labor to specific work
  • 14. © 2017 International Business Machines Corporation 14 Maximo is the market leader and has been for years IBM Maximo has the leading overall market share in the 2016 Global Study published June 2017. IBM Maximo has been the market leader in the last ten ARC Global Studies published. IBM Maximo is the leader in 21 of 34 categories. “Maximo solutions for EAM are well proven with deep functionality and specific vertical industry solutions. This has helped continue its leadership for over a decade.” Ralph Rio Research Director ARC Advisory Group 14© 2018 International Business Machines Corporation
  • 15. © 2017 International Business Machines Corporation 15 Maximo is the market leader and has been for years Gartner has recognized IBM as a leader in the Magic Quadrant since 1996. Gartner has recognized IBM as a leader in The Magic Quadrant for Enterprise Asset Management Software. Magic Quadrant for Enterprise Asset Management Software, Kristian Steenstrup, Nicole Foust, November 9, 2017. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest rating or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. G00325830 Link to complete Magic Quadrant https://www.gartner.com/doc/reprints?id=1- 4KKGOY9&ct=171115&st=sb 15© 2018 International Business Machines Corporation CHALLENGERS Mainsaver eMaint Oracle ABB (Asset suite) Scheider Electric ABB (Ellipse) Ramco Systems Infor IBM SAP IFS LEADERS NICHE PLAYERS ABILITYTOEXECUTE COMPLETENESS OF VISION As of August 2017 © Gartner, Inc VISIONARIES
  • 16. © 2017 International Business Machines Corporation 1616© 2018 International Business Machines Corporation Beta Maximo for Blockchain Transparency in contracts and supply chains IBM Maximo Anywhere Mobile asset management IBM Maximo new user experience Augmented Reality Lab services offering for asset management IBM Maximo Asset Health Insights Manage health of critical assets IBM Maximo: Investments and innovation
  • 17. 17© 2018 International Business Machines Corporation Try the demo today Maximo demo for Enterprise Asset Management © 2018 International Business Machines Corporation