What Is Maximo Asset Management?
Maximo Asset Management is a platform that uses analytic tools and IoT data to view and control all of your physical assets on one platform. Maximo enables you to maximize work performance and extend asset life cycles while minimizing maintenance downtime and work costs.
Maximo Asset Management was originally developed by Project Software & Development and commercially released in 1985 before being purchased by IBM in 2005, when it was rebranded IBM Maximo Asset Management. IBM Maximo Asset Management is designed to help organizations increase the ROI of their assets by helping them gain insight into their data.
What Is Enterprise Asset Management Software?
Enterprise Asset Management Software such as Maximo gives you a comprehensive view of your physical assets throughout their entire lifecycle. Tools such as Maximo’s asset lifecycle management work to provide you with access to asset data whenever you need it, and work order management within Maximo helps you diagnose maintenance problems and assign work orders as well as scheduling and tracking.
EAM software such as IBM Maximo helps you plan and execute the optimal maintenance activities of your assets, including factors such as labor, materials, and inventory. EAM also helps outline goals and comes up with a plan for achieving them, while also complying with regulations.
What Type Of System Is Maximo?
Maximo Asset Management combines asset, maintenance, and inventory management, giving you reliability support such as predictive and preventive maintenance as well as work order management. IBM Maximo uses six core management models: asset management, Work management, Service management, Contract management, Inventory management, and Procurement management.
Access Maximo on the cloud to manage work orders as well as schedule preventive maintenance and manage inspections. IBM Maximo Asset Management allows customers to view their cost and price information as well as their billing history. For enterprises needing additional support resources, refer to Maximo add-on products for more industry-specific solutions.
Moreover, Maximo’s robust record-keeping capabilities make it ideal for future analysis and improvement. With its integrated support for Root Cause Failure Analysis (RCFA) through the Failure Reporting feature, Maximo enables users to capture and record events, facilitating continuous enhancement of maintenance techniques and facility management practices.
How Does Maximo Asset Management Work?
IBM Maximo software lets you manage which users log in and what they can access. You can integrate it with your external financial applications or enterprise applications. You can also develop customizable workflows for each of your processes. This lets you automate your business and work management processes and features add-on modules such as spatial or asset health insights.
Standard or custom reports are available through the Business Intelligence and Reporting Tool. Cognos reporting analyzes data from enterprise reports, and Ad hoc reporting lets you create your own custom report from any application.
IBM Maximo 7.6 Minimum Hardware and Software Requirements
IBM Maximo Asset Management uses multiple software servers that can be installed on the same computer or on a different server. IBM Maximo uses a Java™ 2 Platform, Enterprise Edition (J2EE) application server to manage JavaServer Pages (JSPs), XML, and business logic components. IBM Maximo software is supported on specific versions of AIX, Linux and Windows Server.
Your operating system and database platform determine what the system requirements will be. The servers that IBM Maximo supports include DB2, Oracle, and Microsoft SQL Server. IBM Maximo software also supports different J2EE servers including WebSphere Application Server and WebLogic Server.