Defining IBM Maximo Software.
Maximo software is an enterprise asset management (EAM) software suite offered by IBM. The latest offering is known as the Maximo Application Suite (MAS). Made up of several applications, the product most users refer to as Maximo is now called “Manage.”
The Maximo Application Suite allows users to sign on to a single, integrated platform to access critical monitoring, maintenance, and reliability applications across the business. Not only does it help remove data silos, but it also enhances data sharing with integrated user experience and shared administrative controls for enterprise-scale execution.
Whether used on-premises or used as a cloud-based system, IBM Maximo has extended the platform by providing remote asset monitoring, maintenance, and reliability applications in a single platform that enables you to increase uptime, improve productivity, reduce maintenance costs, and build more resilient operations. Maximo cloud offerings are often referred to as “Maximo as a Service” or MaaS.
Maximo was initially developed by Project Software & Development (PSDI, later known as MRO Software) in 1985. The EAM was purchased by IBM in 2005 and branded as IBM Maximo Asset Management. It has been positioned as a direct competitor of SAP and Infor.
With its latest release, the Maximo Application Suite (MAS), the system offers multiple applications:
Maximo Manage (CMMS/EAM)
Manage is the system most users think of when one mentions Maximo. Maximo is designed to reduce downtime and costs by optimizing asset management and maintenance processes to improve operational performance. Uses can leverage embedded industry expertise with best-practice data models and workflows to accelerate industry transformation. Maximo Manage unifies asset life cycle and maintenance management activities, providing insight into all enterprise assets, conditions, and work processes to achieve better planning and control.
Improve asset and operational availability with advanced AI-powered remote asset monitoring at scale. Users can collect data from their existing OT systems and converge IT systems and operational systems in a single data lake to detect anomalies.
Maximo Visual Inspection
Users are able to perform a visual inspection of the line or asset using commercial, off-the-shelf iOS devices and receive immediate, actionable notifications of any emerging issue directly into MAS. The system scales easily to view multiple points 24/7, including global views of all plants and geographies. Integrate with maintenance and quality workflows for a fast and prescriptive response.
Managing the health of assets using IoT data from asset sensors, asset records, and work history of increasing asset availability and improving replacement planning is the primary goal of this application. It provides a view of asset health via dashboard displays to provide evidence to base operational decisions.
Instead of reacting, Predict provides the ability to use condition-based action to predict the likelihood of future failures by applying machine learning and data analytics to reduce cost and asset failures. Building on the power of other Maximo capabilities, users can make data-driven decisions and build predictive models.
The latest iteration of IBM’s mobile Maximo solution uses next-generation mobile technology. Maximo Mobile boosts productivity by giving field technicians the power to easily navigate a single, intuitive platform and find the correct asset history and operational data.