MAXIMO – AN Incredibly Valuable Tool For Asset Management

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IBM Maximo Asset management is a complete solution for handling physical assets on a shared platform in organizations which use asset management extensively. It provides out-of-the-box mapping, “built in” mobile access, analytical insight and crew management.

Maximo Asset Management enables the enterprises to enforce and share best practices, personnel, resources and inventory. It helps in dealing with all kinds of assets – including production, plant, infrastructure, transportation, communications and facilities. It is available as SaaS (software-as-a-service) or on-premises offering.

IBM Maximo Asset management incorporates 6 management modules in an intensified service-oriented architecture.

Asset management – Attain the control you require to more effectively manage and track location and asset information all through the asset lifecycle.

Work management – From initial request through completion, handle both unplanned and planned work activities and recording of actuals

Service management – establish SLAs (Service level Agreements), define service offerings, implement escalation procedures and monitor service level delivery more proactively

Contract management – Attain complete support for lease, purchase, rental, warranty, labor rate, master, blanket, user-defined and software contracts.

Inventory management – Get the complete information about asset-related inventory and its use including when, what, where, how valuable and how many.

Procurement management – Support all the stages of organization-wide procurement such as inventory replenishment and direct purchasing.

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The six management modules of IBM Maximo Asset Management

IBM Maximo Asset management Upgrades

Maintaining current version of IBM Maximo Asset management provides many improvements and benefits that enable the organizations to leverage functionality and technology to optimize and maintain the performance of their asset. The latest versions add and expand to the previous versions to provide more effective functionalities, a more enhanced maximo base and deliver innovation.

New capabilities and features in Maximo Asset Management enable your organization in attaining higher efficiency in asset management through enhancements in integration, business intelligence, usability and installation.

Benefits of Upgrading

  • The latest version of Maximo (7.6) focuses on the experience of the user by providing an intuitive navigation, increased serviceability and a better look aside from the new features and functional enhancements
  • A responsive system to the altering user requirements with a broader platform support
  • Automation of usual configuration scenarios and Record locking
  • Multitenancy capabilities: Support for multitenancy environment is provided by the new installation option
  • Attaining insights with the aid of additional BI (Business Intelligence) features: enhanced data analysis for your special business requirements
  • Utilisation of the latest versions of reporting tools (Cognos and BIRT) : these highly efficient tools enable you to carry out an in-depth analysis of maximo data visualization
  • Maximo dashboards containing metric workspace presenting KPI’s and tools: these dashboards make the completing tasks much easier for the user and the administrator, besides individual KPI scheduling and new summaries and calculations
  • Other vital improvements to enhance the value and the maintenance fees

The above mentioned enhancements are also available in all the latest versions of Maximo Industry Add-ons and Solutions

Maximo has the complete functionality to drive the EAM effectiveness and efficiency of an enterprise. The benefits of industry solutions of Maximo apply to a broad range of industries including power, lifesciences, transportation, oil and gas and service providers.

Maximo can help your organization remain current on maintenance tasks to optimize the operational up-time and productivity. This software also helps in the orchestration of reporting, purchasing, MRO inventory, asset management and work management.

In order to work properly, Maximo must be properly calibrated. As such, it is atmost important that you upgrade it to the latest version. Many organizations around the world are utilising this tool for their asset management purposes. So, the demand for this tool is extremely high and there are many job opportunities for maximo professionals.

People who took Mindmajix Maximo training are being highly preferred by the organizations for their asset management purposes. Thus, Maximo can be termed as a highly preferred tool for asset management.

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