January 7, 2021 By Brendan Crotty 3 min read

Millions of executives, operators and technicians begin their workdays by opening their CMMS or EAM systems. More of them will open IBM Maximo® than any other Enterprise Asset Management solution. I am very proud to announce that IDC has recognized IBM as a leader in its 2020 report, “MarketScape: Worldwide SaaS and Cloud-Enabled, Asset-Intensive EAM Applications. 1

The choice for the world’s most asset-intensive organizations

The IDC report indicates that pragmatic innovation played an important role in the assessments of nine prominent EAM providers. I believe that no organization is more committed to “innovation that matters” than IBM is. In 2019, IBM was awarded a record 9,262 patents2, more than any other organization. And we topped the list for the 27th consecutive year. Additionally, IBM spent $5.99 billion on R&D3. We are proud of our continuing investments in the technology, resources and embedded knowledge that drive the Maximo platform.

The IDC MarketScape report also recognized the specific industry solutions that have made IBM Maximo the choice for many of the world’s most asset-intensive organizations.

Also noted was IBM’s ability to support, strengthen, and evolve the Maximo application which has served our customers well for over 30 years. Here is an which outlines some of our key strengths:

  • Industry expertise: IBM runs active industry user groups, leveraging its large and avid client base for product development. Customers see value in the industry configurations, noting the breadth and depth of Maximo in helping them comply with industry regulations. Over the years, IBM has amassed a large network of global EAM business partners with strong domain expertise.
  • Easily configurable: Building on years of experience, IBM Maximo is a highly configurable application, allowing end users, IT administrators and implementation partners to easily adapt the system to the organization’s unique needs without custom code. Implementations of the SaaS deployment are often completed in months and exceed customer expectations.
  • Suite re-architecture: IBM Maximo’s new suite approach offers streamlined packaging, provisioning, and licensing as well as the flexibility to start at any point in the asset life cycle and expand. The re-architected IBM Maximo 8 is built on RedHat’s OpenShift container platform for multi-cloud and hybrid installation. The infrastructure-independent platform is able to run on IBM Cloud, AWS, Azure, or private cloud.

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.

As also noted in IDC’s report, IBM has extended our CMMS/EAM Maximo platform to provide a single integrated suite of capabilities that will help you increase uptime, improve productivity, reduce maintenance costs, and build more resilient operations. IBM® Maximo® Application Suite, also known as Maximo 8, not only streamlines installation and administration, it also unifies your operations, bridging teams across the enterprise. The Maximo Application Suite connects asset management, maintenance and reliability professionals through shared data and user interactions that will help them reach new levels of operating efficiency and knowledge sharing. It also uses artificial intelligence (AI) to solve real-world industrial challenges in the asset management arena.

Most importantly, it helps you maintain resiliency and business continuity – even under rapidly changing or disruptive conditions. IBM Maximo Application Suite puts you and your team on the path of obtaining operational visibility of your assets throughout their lifecycle with faster ROI, increased productivity and operational uptime.

IDC MarketScape report sums it up, stating that organizations in asset-intensive industries consider IBM for their EAM solution when “you are likely looking for a configurable EAM application with deep functionality from a company with extensive experience in the industry.”4

Whatever industry you are in, IBM Maximo has you covered.

Read the full report.

Learn more about IBM Maximo Application Suite.

1, 4 IDC MarketScape: Worldwide SaaS and Cloud-Enabled Asset-Intensive EAM Applications (Software Vendors) 2020-2021 Vendor Assessment (doc #US46261320e, November 2020).

2 https://newsroom.ibm.com/2019-01-08-IBM-Earns-Record-9-100-Patents-in-2018-Tops-U-S-Patent-List

3 https://www.statista.com/statistics/274821/ibms-expenditure-on-research-and-development-since-2005/

Read the full report



Was this article helpful?

More from Cloud

IBM Cloud Reference Architectures unleashed

2 min read - The ability to onboard workloads to cloud quickly and seamlessly is paramount to accelerate enterprises digital transformation journey. At IBM Cloud, we're thrilled to introduce the IBM Cloud® Reference Architectures designed to empower clients, technical architects, strategists and partners to revolutionize the way businesses harness the power of the cloud. VPC resiliency: Strengthening your foundation Explore the resilience of IBM Cloud Virtual Private Cloud through our comprehensive resources. Dive into our VPC Resiliency white paper, a blueprint for building robust…

Enhance your data security posture with a no-code approach to application-level encryption

4 min read - Data is the lifeblood of every organization. As your organization’s data footprint expands across the clouds and between your own business lines to drive value, it is essential to secure data at all stages of the cloud adoption and throughout the data lifecycle. While there are different mechanisms available to encrypt data throughout its lifecycle (in transit, at rest and in use), application-level encryption (ALE) provides an additional layer of protection by encrypting data at its source. ALE can enhance…

Attention new clients: exciting financial incentives for VMware Cloud Foundation on IBM Cloud

4 min read - New client specials: Get up to 50% off when you commit to a 1- or 3-year term contract on new VCF-as-a-Service offerings, plus an additional value of up to USD 200K in credits through 30 June 2025 when you migrate your VMware workloads to IBM Cloud®.1 Low starting prices: On-demand VCF-as-a-Service deployments begin under USD 200 per month.2 The IBM Cloud benefit: See the potential for a 201%3 return on investment (ROI) over 3 years with reduced downtime, cost and…

IBM Newsletters

Get our newsletters and topic updates that deliver the latest thought leadership and insights on emerging trends.
Subscribe now More newsletters