Overview : IBM Maximo Application, Maximo APM & Maximo CMMS Features

What is IBM Maximo application?

IBM Maximo is the world’s leading web-based Computer Maintenance Management System (CMMS) solution.

In asset-intensive sectors, IBM Maximo Asset Management is a comprehensive solution for managing physical assets on a shared platform.

IBM Maximo is a system for managing enterprise assets (equipment, installations, buildings, and so on) and services such as buying, inventory, location management, service desk, and work planning. IBM Maximo was developed using industry best practices and continues to improve as a result of customer input and experience.

IBM Maximo Pricing :

The IBM Maximo Application Suite is available for a monthly fee of $250.00. There is no free version available.

Features of the IBM Maximo Application Suite:

• Tracking your activities.
• Barcoding/RFID.
• Inventory Control.
• Tracking your location.
• Maintenance Management is a term that refers to the management of  work orders.

Who Uses Maximo?

American Electric Power Company, Inc., a United States-based Utilities company with 16787 employees and $14.92 billions in revenue, and Eversource Energy, a United States-based Utilities company with 9300 employees and $8.53 billions in revenue, are two companies that use IBM Maximo for Enterprise Asset Management. If you’re looking for organizations who use IBM Maximo, you should also look into ARCHIBUS and Sage Fixed Assets.

Industries that uses Maximo  :

• IBM Maximo for Energy
  • IBM Maximo for Utilities

• IBM Maximo for Oil and Gas
  • IBM Maximo for Manufacturing
  • IBM Maximo for Travel and Transportation
  • IBM Maximo for Public Sector

What is the difference between SAP and Maximo?

Further we discuss difference between SAP and Maximo ,let’s recall what is SAP as maximo IBM  is already explained above  .

Materials management is well-represented in SAP EAM, with enterprise structure definition and assignments, purchase, valuation, and account assignment. The system improves material visibility across operations and allows for part reservations for required supplies. Users can also categorize  inventory using SAP standard descriptions for serial numbers, tagging, and other features.

Difference :

• Maximo is the ideal EAM technology for effective maintenance management, but SAP is an excellent asset management and optimization tool.
• Maximo is an all-in-one EAM tool, while SAP is a powerful asset management software.
• On the one hand, IBM Maximo is a cloud-based solution, whereas SAP Enterprise Asset Management manages assets throughout their lifecycle.
• By delivering full connectivity with IoT and the Watson IoT platform, IBM Maximo enables business operators, whereas SAP EAM helps users to improve the health of their assets, boost collaboration, and radically accelerate performance through integrated enterprise asset management.
• IBM Maximo has a modular approach to enterprise asset management, allowing for the centralization of procedures for predictive maintenance and reliability. SAP employs an asset-centric architecture that gives users and managers faster access to the most relevant information about the equipment.
• SAP EAM contains an in-built BI module, while IBM MAXIMO ASSET MANAGEMENT has powerful reporting and BI functionality.

What is Maximo APM?

Through strong analytics and AI, Asset Performance Management (APM) improves your Enterprise Asset Management (EAM) foundation. APM gives insights at the point of action to reduce the risk of equipment failure, boost asset availability, lower costs, and reduce unscheduled maintenance work. APM gives a holistic view of your operational assets by integrating diverse data sources, such as EAM systems of record and IoT data.

Maximo capabilities are Remote asset monitoring ,predictive maintenance ,computer vision .

Remote asset monitoring : Using remote monitoring, enable maintenance personnel to track asset status and anomalies more efficiently. They can use AI and IoT to see, forecast, and prevent problems in legacy systems and data-driven operations.

Predictive maintenance: Improve asset reliability by integrating asset health insights from operational data and analytics to assist predict and plan for asset failures, repairs, and replacements with condition-based maintenance.

Computer Vision : When you integrate sophisticated computer vision built for business users without coding skills, you may increase productivity, uncover manufacturing issues sooner, and obtain operational insight.

Maximo CMMS features

The Maximo CMMS has been around for approximately 20 years, although it was originally designed for the manufacturing industry. But now when people have discovered the relevance of Maximo  CMMS, it is currently employed in hotels, businesses, retail shops, resorts, hospitals, and many other locations as well. Here are a few significant characteristics of this software:

1. Maintenance Portal

If an organization fails to incorporate an efficient method for dealing with urgent issues, it will always be a problem. The Computerized Maintenance Management System is an excellent answer to this issue, since it includes a simple maintenance request site that lowers stress and communication gaps. The protocol is a simplified version that reduces the number of missed requests and reduces the time spent resolving the problem.

2. Asset Management

One of the most crucial things for a business is to properly manage all of its assets. The amount of effort that an asset is put to is directly proportional to its efficiency. As a result, every asset failure or downtime entails lost revenue and cash flow irregularities. CMMS aids in the improvement of an organization’s asset management procedures by providing crucial capabilities such as floor plan management, work orders management, repair history management, and more.

3. Managing Your Inventory

Another critical aspect of an organization’s success is the ability to effectively manage inventories, and CMMS provides a variety of tools to aid in this endeavor. An organization’s inventory is critical, and software that can track, auto-order, and provide inventory history may help you manage things more effectively.

The following are some of the primary advantages of the Maximo CMMS:

• Preventive maintenance is simple to execute with this program, resulting in increased asset lifespan.
• It successfully lowers an organization’s labor expenditures.
• You can decrease downtime for all assets with the aid of this program.
• With the aid of a Maximo CMMS, inventory management may be improved.
• With the inclusion of this software into the system, the work orders have a faster turn-around time.

People also ask

  What does IBM Maximo do?

IBM Maximo is a solution for managing enterprise assets (equipment, installations, buildings, and so on) and services such as purchasing, inventory, location management, service desk, and work planning.

  Is IBM Maximo good?

Maximo is an excellent tool for a general enterprise asset management (EAM) solution because it has a lot of flexibility and advanced features. It also has a strong interface with our ERP system. Oracle is used by IBM Maximo, and it has performed admirably for us. Production functionality checks, repairs, and replacement of obsolete or faulty equipment are all part of the process.

  Who uses IBM Maximo?

Researchers have been analyzing IBM Maximo customers all around the world, accumulating vast amounts of data points that form the basis of our projection assumptions, as well as the quarterly rise and fall of certain suppliers and their products. Utilities are the largest section of IBM Maximo customers by industry, followed by Oil, Gas and Chemicals, Aerospace and Defense, Construction and Real Estate, and Professional Services.

  Is Maximo owned by IBM?

IBM bought Maximo in 2005 and renamed it IBM Maximo Asset Management. IBM Maximo is designed to help an organization manage its assets, such as buildings, vehicles, fire extinguishers, and equipment, by collecting information such as details, maintenance schedules, and engaging in workflows.

  Is Maximo any good?

Yes , IBM Maximo is good and contains numbers of pros but When it comes to licensing schemes, there is still need for improvement because they are difficult to comprehend. The user interface is difficult to navigate and is not very user-friendly.

  Is Maximo an ERP solution?

The Maximo software integrates easily with SAP, and many SAP companies already use the Maximo EAM solution. As a result, they get the best of both worlds: the business benefits of Maximo’s comprehensive asset management capabilities, as well as the ability to retain existing SAP investments.

  Who owns Maximo software?

IBM

Maximo is corporate asset management software that was first developed by Project Software & Development (later MRO Software) in 1985 and released commercially in 1986. IBM bought it in 2005 and renamed it IBM Maximo Asset Management.

  What is MAS Maximo?

MAS Maximo is  a set of Enterprise Asset Management technologies that use condition-based asset maintenance to improve operational resiliency and reliability. MAS includes Maximo manage , maximo monitor ,maximo health ,maximo visual inspection ,maximo predict , maximo mobile .

  What is Maximo written in?

To be clear, IBM Maximo Support exclusively responds to questions about scripts written in JavaScript, Python, or Jython.

  What is the latest version of Maximo?

IBM launched Maximo Asset Management 7.6. 1.2 on July 24, 2020. And this is the latest version  of Maximo until today .

ibm maximo product highlight  (Conclusion)

The IBM Maximo Application can be used on-premises or in the cloud, and it can be accessed from practically any device. There is no software or hardware for the user to install or maintain, and the program includes systems administration and regular updates. We want to post more articles in the next months to further clarify IBM Maximo functionality. Do you want to learn more?