IBM named a Leader in Gartner Magic Quadrant for Enterprise Asset Management 2018
By Dr. Stephan Biller | 4 minute read | October 15, 2018
We are thrilled to share the results of this year’s Gartner Magic Quadrant (MQ) for Enterprise Asset Management (EAM)! IBM positioned highest for ‘Ability to execute and furthest for ‘Completeness of Vision’. This is a win IBM is extremely proud of, as we have invested heavily in innovations and research around Maximo in the last several years. And the results? They speak for themselves.
Why are we a leader in this space? We are investing in key strategic areas to drive the future of Maximo and extend value to our clients. These include:
- Adding AI and advanced analytics to optimize maintenance and repair with asset performance management (APM)
- Enabling new delivery models with a new Maximo SaaS offering launched last week
- Incorporating blockchain to increase visibility and transparency across Maximo ecosystems
- Integrations with AI-powered production solutions
- Adapting to new workforce models with improved mobility capabilities
- Industry solutions powered by AI
- Delivering improved user experience
AI, analytics, mobility, blockchain, SaaS. These are just a few of the innovations that helped propel Maximo and there are many more to come!
Supercharging Maximo with AI and analytics
“Maximo is THE EAM system” – Sr. ERP Systems Administrator – Maximo, G2Crowd
As mentioned above, we are investing heavily in our APM capabilities and the impact is beginning to show. While Maximo is great on its own, the power to improve how you manage your assets, operations and plants can be vastly increased with the introduction of APM. Using proprietary algorithms based on Artificial Intelligence (AI) and analytics, our clients are enabled to take charge of their data, put it to work, and make more impactful and strategic decisions.
If you attended MaximoWorld this year, you heard us talk about the need to supercharge EAM with internet of things (IoT) and artificial intelligence (AI) using our breadth of APM offerings. These offerings are built to seamlessly leverage data from Maximo. They allow real-time connectivity and data capture, combined with AI, to enhance your existing EAM investments. APM enables asset health monitoring, predictive insights to reduce asset failure, repair diagnosis and prescriptive guidance, and asset lifecycle optimization. Learn more about our growing APM suite.
Maximo’s leading capabilities around SaaS
Maximo’s leadership also extends to its SaaS offering. In fact, just this week we announced a new Maximo SaaS offering.
Simple, manageable, reliable, and secure are the cornerstones of a SaaS-based solution and IBM Maximo does that and more. Clients like Sodexo and Pacific Northwest National Laboratory have realized benefits like increased visibility, reduction in operational complexity, faster upgrades, and improved scalability.
Blockchain, mobility and improved user experience give Maximo an edge
Additional growth areas surrounding Maximo include:
IBM Maximo Network on Blockchain: Traditionally, asset-related transactions are shared across a business network using interfaces between different systems of each party involved. Third parties carrying out work on a customer’s assets will often use systems that are isolated from Maximo. Without connected systems, the burden of communication across multiple parties can be challenging. This offering helps alleviate those challenges via smart contracts, increased collaboration, and improved visibility. Learn more about IBM Maximo Network on Blockchain.
Maximo Anywhere: It is estimated that 10 billion devices will be in use by 2020. Mobility in the workforce is critical and we have made significant investments in our mobile capabilities supporting Maximo.
Release of IBM Maximo 7.6.1: Since its release in July, nearly 70% of our customer base has already shifted to 7.6.1. This highlights the commitment to Maximo and the interest in continuously evolving it to meet the needs of shifting business priorities.
Maximo is the leader across every asset-intensive industry
IBM has been a leader in this space for decades. To give a sense of the breadth of industries that Maximo touches, here is a glimpse.
- 14 of the 20 largest power generation utilities
- 16 of the 24 largest automotive companies
- 10 of the 13 largest pharmaceutical companies
- 7 of the 10 largest aerospace and defense companies
We’re not slowing down anytime soon
The momentum around Maximo is only going to pick up speed. Thinking beyond assets, we are working to unify our AI-powered production solutions to seamlessly integrate with Maximo. This will give customers the opportunity to build upon Maximo and the IoT Platform to improve throughput, quality, cost and on-time delivery in their operations.
We are clearly dedicated to making Maximo the best it can be for our clients and ecosystem! As we celebrate this exciting milestone, we look forward to making it even better next year.
Read the full report
Check out the full 2018 Gartner Magic Quadrant report to get all of the details of why IBM Maximo is a leader for EAM.
To learn more about the value of EAM for your business, visit ibm.co/eam
Finally, if you’re ready to take the leap with Maximo or learn more about these innovations, visit the IBM Marketplace to view a demo, trial the product, or contact your sales rep today.