IBM Maximo

EAM: manage assets and profitability

Written by Archana Leo | June 20, 2017 | Asset Management

Organizations in the asset intensive industries are faced with a daunting question, “How do we maximize the value of assets through their lifecycle?” In fact, in a recent survey of asset managers worldwide, more than 75 percent of respondents cited system reliability as the fundamental reason to invest in enterprise asset management. Technology is one more

Technology Prowess at The Paris Air Show

Written by Christopher Rospenda | June 20, 2017 | Asset Management, Events

As a technological and aviation enthusiast sitting in the grand stands today at the Paris Air Show in Le Bourget, it’s easy to be overwhelmed by the rate of change and progress the aviation industry has experienced as a result of technology advancements. The ability to send teams into space and collect data from planets more

Improve asset management and avoid equipment failure

Written by Ron Wallace | June 1, 2017 | Asset Management

The power of Maximo Predict and prevent the failure of power plant assets and equipment, improve management, service levels and lower operating costs. Use case: Increase operating efficiency and avoid equipment failure Automated, company-wide asset management is helping this power generation company increase operating efficiency, which helps provide better, more reliable power-generation services to its more

Risk for asset-intensive companies: ERP & EAM

Written by Karen Lewis | May 26, 2017 | Asset Management

There are several common misconceptions about the value, capabilities and deployment of enterprise solutions in asset-intensive industries. In this webcast, these myths will be discussed so that decision makers can better understand the real risk and realities associated with them. In the webcast, our myth buster, Ron Wallace, will demystify five myths so that decision more

Predictive and cognitive combine to reduce maintenance time

Written by Dan Bigos | May 23, 2017 | Asset Management

Predictive maintenance analytic models and algorithms, enabled though instrumentation and connectivity of critical equipment, are allowing asset intensive organizations to identify impending equipment degradation or failure well in advance of the actual event and thereby proactively remedy the problem, often without impact to production schedules. Some of the more sophisticated multivariate analysis capabilities help pinpoint more

Four ways to optimize your maintenance and service scheduling

Written by Vikul Banta | May 22, 2017 | Asset Management

Today, even advanced businesses are using the wrong tools for the job when it comes to scheduling their maintenance and service workers. Planning and scheduling often still takes place on post-it notes, and complex projects are often managed in Excel spreadsheets — with work divided up by supervisors based on gut feel. Critical factors like more

Energy & Utilities: Transforming in an era of disruption

Written by Karen Lewis | May 15, 2017 | Asset Management

Energy and utility providers face major disruptions to their business models, revenue streams and regulatory relationships. These challenges are unparalleled in their history. They demand agility on the part of the utilities to survive and thrive through this era. Industry trends influencing operational and investment planning decisions As a result of improving technologies and emerging more

Cognitive solutions and surviving the crew change

Written by Karen Lewis | May 12, 2017 | Asset Management

Easing workforce transitions Managing human resources—the most valuable asset of all—comes with its own special set of challenges and solutions. Long-term employees, for example, are continually edging toward retirement, which can mean a loss of knowledge and skills—and the expense of training new employees. This transition from an aging workforce to a younger workforce—often referred more

How to get meaningful insight from your assets

Written by Scott Stukel | May 10, 2017 | Asset Management

How many of you have uprooted your organization and implemented an expensive Asset Management software package, trained hundreds of users? You constantly feed data to the system, like a zookeeper feeding a hungry lion, only to realize you are not getting anything actionable out of it? In my career of nearly 28 years in the more

Which asset maintenance strategy should you be using?

Written by Sarah Dudley | May 4, 2017 | Asset Management

Maintaining machines and equipment at optimal performance levels can be a constant battle. With a plethora of different strategies to address up keep of your critical assets, it can be daunting to determine which is most cost-effective and successful in the long run.  Should you follow a pre-determined  schedule? Should you wait until there is more

How to nurse a sick robot back to health

Written by Karen Lewis and | April 25, 2017 | Robotics

How do you know when a robot is feeling under the weather? You can’t tell when a robot is not well just by looking at it – you need to use data to help understand what’s happening. Today, for example, if I imagine all the robots on the floor at Hannover Messe are on an more