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Asset performance management software

Asset performance management software

Proactive asset maintenance with AI-powered insights
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Graphic illustration representing asset performance management with IBM Maximo Application Suite

Leader in the market for Asset Performance Management Solutions

IBM has been named a leader in the Green Quadrant for Asset Performance Management Solutions 2024 by independent research firm Verdantix.

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Stay on top of asset performance

Extend asset life, reduce costs and optimize performance with IBM® Maximo® Asset Performance Management (APM). By continuously assessing asset health, predicting risks and applying the right maintenance strategy, APM helps you prevent failures, reduce unplanned downtime and improve reliability. With AI-driven insights and advanced analytics, you can make data-driven decisions and drive long-term asset performance and sustainability.

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Reduce unplanned downtime by 47%*

Prevent failures by continuously assessing asset health, predicting risks and applying the right maintenance strategy. By identifying potential issues before they occur, you can schedule maintenance during planned downtime, reducing the likelihood of unexpected shutdowns and minimizing the impact on your business.

Extend asset lifespan by 17%*

Prolong the lifespan of your assets and delay their replacement by reducing wear and tear. By applying the right maintenance strategy at the right time, APM helps you make data-driven decisions about maintenance, repair and replacement, ensuring that your assets operate at peak performance for longer.

Lower maintenance costs by 6.3%*

Optimize maintenance schedules by using APM to help reduce unnecessary maintenance and repair work. By identifying the root cause of issues and applying targeted maintenance, you can minimize waste and the cost of spare parts and labor.

Drive sustainable operations

Gain insights into asset performance and energy consumption, identifying opportunities to reduce waste and optimize resource usage. By extending asset lifespan, reducing energy consumption and optimizing maintenance schedules, you can minimize your organization’s environmental footprint and contribute to a more sustainable future.

Key capabilities

Optimized asset strategies Proactive asset care Forecasting & planning

Reliability-Centered Maintenance (RCM) for optimized asset strategies

Conduct RCM studies to identify critical assets and prioritize failure modes. Integrate Failure Mode and Effects Analysis (FMEA) data into APM workflows to enable data-driven maintenance decisions, optimize asset performance, and align with operational goals.

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Case studies

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Downer Group

Downer and IBM are using smart preventative maintenance to keep passengers on Australia’s light and heavy rail systems moving safely, reliably, comfortably and more sustainably.

IBM Global Real Estate (GRE)

GRE is using Maximo to analyze sensor data from 188,000 assets globally in a move towards condition-based maintenance, triggered by actual run time, excessive heat or vibration.

Novate Solutions

Using Maximo Monitor, Novate has seen a 30% improvement in product quality by knowing how assets perform in real time.

DP World

DP World gets real-time insights into equipment performance, enabling proactive maintenance strategies that reduce downtime and improve overall equipment effectiveness.

Maximo APM applications

IBM Maximo provides a comprehensive APM solution that enhances its enterprise asset management (EAM) with RCM, CBM and advanced forecasting, all in a unified platform powered by AI, analytics and automation.

Maximo® Health

Provides a comprehensive view of your assets’ health, criticality and risk. It uses advanced scoring methodologies to analyze operational data from various sources, including Maximo® Manage and IoT devices. With Health, you’ll gain a deeper understanding of your assets’ condition, enabling you to prioritize maintenance, optimize reliability, and make better operational decisions.

Maximo® Predict

Uses AI and machine learning to predict asset performance and maintenance needs. By analyzing time-series data from Maximo Monitor and failure data from Maximo Manage, it builds models that forecast days to failure, probability of failure and other key indicators. Maximo Predict provides actionable insights, enabling you to anticipate and prevent issues, optimize maintenance and reduce downtime.

Maximo® Monitor

Provides AI-powered remote monitoring to enable advanced Condition Based Maintenance (CBM) practices at scale. With Monitor, you can ingest and unify operational data from PLCs and SCADA systems, with IoT data from devices and sensors into a single source of truth. There you can process this data through advanced analytics pipelines and anomaly detection models to drive alerts, dashboards and integrations to help asset managers, improve reliability, reduce downtime and optimize maintenance strategies.

Take the next step

Get started with a product tour or book a consultation with an IBM expert to see how your organization can benefit from Maximo Application Suite. 

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More ways to explore See how you can optimize assets with AI-powered technology