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IBM Maximo

Maximo is an asset management software that tracks details of organizations' assets to manage maintenance schedules and workflows. When combined with IoT sensor data, Maximo can provide early warnings from assets to reduce downtime and increase efficiency. Implementing Maximo allows organizations to reduce downtime by 5-20%, increase labor utilization by 10-20%, decrease unnecessary inventory by 20-30%, and increase asset utilization by 3-5%.

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0% found this document useful (0 votes)
229 views4 pages

IBM Maximo

Maximo is an asset management software that tracks details of organizations' assets to manage maintenance schedules and workflows. When combined with IoT sensor data, Maximo can provide early warnings from assets to reduce downtime and increase efficiency. Implementing Maximo allows organizations to reduce downtime by 5-20%, increase labor utilization by 10-20%, decrease unnecessary inventory by 20-30%, and increase asset utilization by 3-5%.

Uploaded by

Ashwin M
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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INTRODUCTION

• Maximo is designed to assist an organization in managing its


assets such as buildings, vehicles, fire extinguishers, equipment
recording details such as details, maintenance schedules and
participating in workflows to manage the assets.`

• Maximo, when combined with the power of IoT data from people,
sensors and devices, can provide warning signals from assets—
reducing unplanned downtime and increasing operational
efficiency. With this data, it also enables near real-time visibility into
asset usage across multiple sites, extends the useful life of
equipment, improves return on assets and defers new purchases
Downtime reduced 5-20%
Maximo software improves operations across asset availability,
reliability and utilization. Clients report up to a 20% reduction in both
downtime and material costs.

Labor utilization up 10-20%


Gain central control of activities including long- and short-term
scheduling; preventive, reactive and condition-based maintenance;
crew management; resource optimization and performance indicators.

Inventory needs down 20-30%


Reduce excess or obsolete inventory. Maximo system can plan
inventory to meet accurately and manage vendor relations for
contracts.

Asset utilization up 3-5%


Track and manage asset deployment, specs, conditions, calibration
and costing from a single system.
OVERVIEW
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