asset management
AI-powered pumps deliver big ecological and economical benefits
Written by Bruce D Baron | December 9, 2019 | Asset Management, Buildings, Real Estate
Remarkably, one of the smallest elements of building operations can be altered to achieve an immediate and profound impact on operating costs. One installation using both Design Envelope pumps and Pump Manager was able to optimize pump operations to achieve annual pump energy savings of 87 percent. A university in China was able to reduce energy consumption by 78 percent. These results would not have been possible without our visionary use of artificial intelligence (AI) and analytics. ...read more
Reflections from the Asian Utility Week, Malaysia
Written by Joel Pinto | September 10, 2019 | Asset Management, Energy and Utilities, Events
Companies in the energy and utilities space geared up for interaction, knowledge sharing and client meetings across the ecosystem at the Asian Utility Week. It was held on 3-4 September 2019. In its 20th year, this leading digital utility exhibition and conference put its entire focus on digital utility transformation and customer centricity. ...read more
MaximoWorld participants take their EAM program to the next level
Written by Joe Berti | August 14, 2019 | Asset Management
IBM is always proud to be a sponsor of MaximoWorld. We think it’s an important event that allows EAM professionals the opportunity to learn, network, and become inspired to help their organizations improve performance. ...read more
3 ways blockchain will enhance your asset management efforts
Written by Russell Bee | September 18, 2018 | Asset Management
In today’s digitally networked world, no single institution works in isolation. And because of this, failure of business systems and processes increasingly originates from a complex mix of social and technical factors. These include system integration, data capture, and human error or omission. In this blog, we explore how IBM Maximo Network on Blockchain can ...read more
Discover how to optimize assets with AI-powered technology
Written by Chris O'Connor | August 23, 2018 | Asset Management, Blog
Asset-intensive companies are struggling with aging infrastructure, an aging workforce, skills gaps and a lack of asset performance visibility. They need to balance asset cost, reliability and risk. In this video edition of Get Connected, Chris O’Connor discusses how businesses can address these pressing challenges. Watch and then learn how you can optimize your asset ...read more
Putting your asset data to use for condition-based maintenance
Written by Adam Kornak and Jason Steblay | August 2, 2018 | Asset Management
Given the complexity and the mission-critical nature of industrial maintenance, IoT technology alone cannot induce a step-change to condition-based maintenance. However, asset managers can take advantage of maintenance’s focus on continuous improvement to introduce technology that integrates IBM Maximo with existing asset data sources to set their teams on the path to condition-based maintenance with Fluke Connect2Assets. The Internet ...read more
Top three benefits of attending Maximo events
Written by Karen Lewis | June 25, 2018 | Asset Management, Conferences, Events
Don’t miss out on upcoming Maximo events and user groups! One of the benefits of a thriving IBM® Maximo® Asset Management ecosystem is the opportunity to make connections with other enterprise asset management (EAM) professionals. Many of our IBM Business Partners have made connections at Maximo events and other EAM activities that have led to ...read more
CMMS, EAM, APM…..OMG! Making sense of the asset management spectrum
Written by Bruce D Baron | May 10, 2018 | Asset Management
One of the most important decisions that an asset-intensive industry has is how to manage and care for its assets (i.e. equipment, buildings, and machinery). This is a decision that affects everyone in the organization, from the operators, to the engineers and the C-suite. There are many theories – some dating as far back as ...read more
The complete guide to the benefits of CMMS
Written by Sarah Dudley | March 7, 2018 | Asset Management
In the first post of this series on computerized maintenance management systems (CMMS), we did a deep dive into how CMMS came to be and what its core capabilities are. Now that you understand the fundamentals, we’re going to dig a little deeper into the benefits of CMMS and how exactly it can transform your ...read more
IoT ruins movies: The Thomas Crown Affair
Written by Jen Clark | December 5, 2017 | Commentary / Opinion
‘Tis the season to be sickly, so I spent Friday afternoon watching The Thomas Crown Affair through a haze of phlegm and self-pity. The 1999 one, not the 1968 one. Yes, it still counts as work. And the reason is that, fortunately, this Pierce Brosnan-y classic is terrific fodder for IoT ruination. Below, we delve ...read more
Connected Government – how IoT will help manage assets, resources and people
Written by Adrian Mitchell | October 4, 2017 | Asset Management
Spoiler alert: Big Brother actually is watching, but not in the way you think. These days every federal agency is connected through a wide array of devices and sensors that collect data on many aspects of their operations. With the help of IBM Watson Internet of Things (IoT), this data is helping customers lead healthier ...read more
Why the best-run companies use Maximo and ERP
Written by Karen Lewis | August 3, 2017 | Asset Management
Asset-intensive organizations use a multitude of physical equipment, machines, linear assets, vehicles, tools, and more. For organizations using SAP for ERP, there are different SAP applications for enterprise asset management, such as SAP PM. However, using an ERP application to manage assets may leave your organization lacking in the areas critical to enterprise asset management: ...read more