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Explore 3 imperatives for modern asset management with IBM and guests

Overview

Gain visibility into transactions and inventory

Organizations are asset intensive, relying on hundreds if not millions of assets to stay operational. What’s more, our assets are getting smarter. A clear sign of how intelligent assets have become is that the number of connected IoT devices worldwide is predicted to reach 125 billion by 2030.

Operating models must evolve along with the assets themselves, and that’s why enterprise asset management (EAM) is crucial. EAM is the combination of software, systems and services used to maintain and control operational assets and equipment. It is broader and more comprehensive than a computerized maintenance management system (CMMS). EAM solutions are designed to optimize the quality and utilization of assets throughout their lifecycle, increase productive uptime and reduce operational costs.

Benefits

Gain greater control of complex environments

Advanced analytics and AI deliver greater insights into your asset health so you can learn the best actions to take and when to take them to optimize asset performance, reduce costs and avoid downtime.

Streamline and unify operations across silos

A single integrated platform provides teams a comprehensive view of assets across the enterprise to unify operations and maintain business continuity, even under rapidly changing or disruptive conditions.

Boost operational resilience and reliability

Insights from AI monitoring help facilitate condition-based asset maintenance that enables you to take the preventive, predictive and prescriptive actions that can resolve issues before they happen.

Managing enterprise assets

Operate and maintain high-value assets by using AI and analytics to optimize performance, extend asset lifecycles and reduce operational downtime and costs. Asset data analyzed with AI provides insights that help businesses make better decisions, enhance efficiency, perform preventive maintenance and maximize investments in physical assets. With monitoring, maintenance, computer vision, safety and reliability in a single platform, IBM is enabling the next generation of asset management.

Maximo Application Suite EAM capabilities

Asset management

Use advanced analytic tools and IoT data to improve operational availability, reduce risk, and operate high-value physical assets with visibility and control across the enterprise.

Mobile EAM

Empower the connected technician’s intelligent mobile enterprise asset management (EAM) to manage any asset — anytime, any place.

Workplace safety

Improve workplace safety by addressing issues and violations before they become problems that put worker health and safety at risk. Holistically manage the facility and your workers with a cloud-based solution that utilizes IoT technology and advanced analytics to deliver real-time worker safety insights.

Services

Inventory optimization

Optimize your maintenance, repair and operations (MRO) inventory levels to ensure inventory is available when needed. Reduce unplanned asset downtime, cut costs and free up working capital. Our services help you make informed decisions.

Production optimization

Optimize industrial production processes by using insights from IoT and AI to identify potential production losses and drive higher throughput and yield. IBM consultants can show you how to improve operational efficiency and effectiveness.

Enterprise asset management case studies

Universal Parks ensures high safety standards

Universal Parks uses Maximo to provide technicians with the tools they need to ensure ride safety and improve guest experiences.

Atkins Global builds a smart city platform

Atkins Global uses Maximo to eliminate silos and get insights into the services being delivered by municipalities in Norway.

CHS, Inc. moves from preventative to predictive

Working with Maximo for over 20 years, CHS has seen EAM solutions evolve from preventative to predictive, due to the cloud and IoT.

Resources

Business operations blog

Read expert posts to gain new perspectives and insights on enterprise asset management solutions.

Digital learning platform

Learn from business operations and EAM experts through no-charge keynotes and sessions available on demand.

IDC report

Find out why IDC MarketScape positions IBM as a leader for worldwide SaaS and cloud-enabled asset-intensive EAM applications.

Next steps