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Increased productivity and cost-effective operations and assets
The cost of unplanned downtime is increasing, skills shortages are hurting productivity, and it can be a daunting task manage a complex system of assets for operational success, which underscores the need for proactive and comprehensive asset management.
Asset lifecycle management is a strategic approach for organizations to keep their assets running smoothly throughout their lifespan. IBM’s asset lifecycle management solution delivers a unified capabilities to plan, operate, maintain and optimize assets across organizations with AI-infused technology.
IDC projects that organization can realize 47% less unplanned downtime, 17% increase in average asset lifespan, 26% more productive technicians and more due to richer asset management capabilities.
Use cases
Manage assets from installation to disposal and automate workflows to reduce downtime, risk and cost, while improving productivity.
Deliver exceptional field service experience with advanced scheduling, dispatching and mobile access to critical asset information.
Analyze various data to identify potential failures and impacts, enabling proactive measures to mitigate risks and increase reliability.
Monitor production processes, implement quality assurance and conduct inspections to ensure compliance and reduce defects.
Optimize maintenance, repair, and operations inventory levels, reduce stockouts and overstocking.
Products
IBM provides a set of products to manage various types of assets and operations to reduce risk, cost and environmental impact while enhancing workforce productivity.
IBM is helping organizations in multiple industries to advance their asset lifecycle management.
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See case studies