Maximo Asset

Management
An overview of what it is and how
it can benefit your operations.

© 2017 International Business Machines Corporation 1

What is Enterprise
Asset Management?

Enterprise Asset Management (EAM) is the

lifecycle management of the physical assets
of an organization.

An asset can be such things as machines,

equipment, tools, buildings, plants, vehicles
or ships.

© 2018 International Business Machines Corporation 2

What can EAM do?

Collect and analyze data Improve operations Extend the useful life of Improve return on Unify processes across
on all types of assets through better asset all assets or equipment investment and defer multiple sites
availability, reliability new purchases
and utilization

© 2017
2018 International Business Machines Corporation 3
Top 5 EAM market trends
Internet of Things (IoT), SaaS, Analytics, Mobility, Blockchain

IoT Big Data and Blockchain

The number of connected advanced analytics Integration with blockchain enables
devices is exploding and each stronger business networks.
With more data comes
is rife with data. improved insights.
– Descriptive analytics
– Predictive analytics
– Prescriptive analytics

SaaS Mobility
Enables faster upgrades and opens Taking center stage as workforces
up the market to SMB’s. must be able to access EAM from
the field.

©
© 2018
2018 International
International Business
Business Machines
Machines Corporation
Corporation 44
These trends pave
the future of EAM

The IoT enables you to connect Transform Solve Build

and secure devices, optimize
operations with real-time data,
enable new business models and
engage in markets in a new way. No matter what industry Operations Product A strong foundation with
your assets support, we development Watson IoT Platform
have targeted industry
IoT solutions

Operations & product

development come together
for improved:

– Asset performance
– Health and safety
– Connected products
– Facilities management
– Predictive maintenance

© 2018 International Business Machines Corporation 5

Move to advanced stages of
asset maintenance with IoT

The more mature your asset maintenance Asset management maturity

strategy is, the more value it will show to
the business.

Business impact

Performance
Prescriptive
As you move towards condition-based
and prescriptive maintenance, you put Condition based
your IoT data to work. Usage based
Calendar based

Asset value & business impact

Maintenance is Maintenance is
an expense an investment

© 2018 International Business Machines Corporation 6

What is IBM Maximo
Asset Management?

The world’s leading EAM “To enable a rapid, cost effective

solution, used by the largest deployment, International Power
asset intensive organizations required an asset and maintenance
in the world. management product that could
meet the business objectives of
improved effectiveness and cost
control and was supported in all
the territories of the world.”

Andrew Dickinson
IT Director
International Power

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2018 International Business Machines Corporation 7
Who uses Maximo?

9 of the 18 busiest 9 of the 18 largest 7 of the 10 major

airports diversified utility aerospace & defense
companies companies

5 of the 15 busiest 10 of the 20 largest 16 of the 24 largest 10 of the 13 largest

shipping ports oil & gas companies automotive companies pharmaceuticals
companies

© 2018 International Business Machines Corporation 8

Top 10 benefits of Maximo

Increase efficiency and improve ROI and value

the ability to achieve business
goals by:

1 Reducing unplanned downtime

2 Minimizing asset failures Risk and compliance Operational excellence Business agility
3 Maximizing use of resources management – Best practices – Process standardization
– Regulatory compliance – Reliability – Ability to adapt
4 Increasing asset reliability
– Health safety & environment
5 Reducing inventory costs
6 Improving capital budget planning
7 Improving safety & risk management Business alignment System consolidation
8 Adhering to regulatory compliance – Investment accuracy – One version of the truth
– Supporting strategic goals – Cost and complexity
9 Extending the life of assets
10 Providing one version of the truth

© 2018 International Business Machines Corporation 9

Integrated capabilities of Maximo
Work management
– Job plans for recurring tasks
– Predictive maintenance
– Manage labor, skills, qualifications
– Mobile enablement for better point
of failure data collection
Planning and scheduling
– Ensures assignment of the right
person, with the right skills
– Drag-and-drop team assignments
accelerates schedule optimization
© 2017
2018 International Business Machines Corporation
Asset management
– Location/Function, work, and cost history
– Roll-up costs
– Asset modeling
– Improved asset safety
Health Safety Environment
– Standardize HS&E practices
– Operators log risk assessment, incident
management, Investigation and correction
– Planning for hazard identification, risk
assessment, and risk control
Supply chain
– Manage inventory across storerooms
and sites for better visibility
– Eliminate costly off-contract buying
– Improved monitoring of vendor performance
– Fully manage receipts, inspections
and vendor payments
Analytics
– Descriptive, predictive and
prescriptive analytics
– Built on industry-leading Cognos
business intelligence software
– Available & customizable by user type
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Maximo benefits all
functional departments
Executives
have visibility and control across the
organization through common systems
enabling better business decisions.
Purchasing managers
can see costs and orders enterprise-
wide for price comparisons, discounting,
standardization and order tracking.
Contract Managers
can see asset related contracts; negotiate
vendor T&Cs and monitor supplier
performance.
Financial Managers
can see the entire inventory and analyze
return on assets for financial reporting.
© 2017
2018 International Business Machines Corporation
Compliance Manager Maintenance Managers
can see asset detail to ensure regulatory can see job plans enabled by availability
compliance and mitigate risk. of information to increase asset capacity.
Operations Managers Field Technicians
can see asset conditions in sufficient detail can see work assigned to them and
to improve asset utilization & performance. capture critical data about assets in
a mobile device.
IT Managers
can see how to streamline inventory and
resources across the organization.
Reliability Engineers
can see asset health and make better repair
replace decisions.
Planners and Schedulers
can see availability of their workforce and
use graphical tools to make assignments.
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What industries depend
on Maximo?

Maximo Asset Manufacturing Buildings

– Plants and production lines – Commercial offices
Management meets – Warehouses – Government buildings
the needs of various – Schools and college campuses
– Hospitals
industries and their
types of assets.
Transportation Water
– Roads, bridges, vehicles – Wells and dams
– Rails, trains – Treatment plants
– Airports, aircraft – Pipes and valves

Energy And more...

– Transmission and distribution networks
– Power plants
– Drilling platforms and wells
– Refineries

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2018 International Business Machines Corporation 12
Real examples: Addressing
challenges to drive ROI

Insight into how companies in A power generation utility A large OEM reduced A rail maintenance service
5 percent reduction in overhaul process time company reduced costs
the transportation industry use planned overhauls and from 56 days to 21 days 20 percent by optimizing
Maximo: eliminated 5 percent of material purchases
forced outages saving
USD 4.6 million annually

A consumer products A major US railroad saved A large passenger railroad A fleet management A railroad saved USD
company with a medium USD 5 million by better was able to identify USD company saved USD 9.5 1.8 million impacting
size fleet increased tracking labor to specific 18 million in excess or million by meeting 100 areas such as financing,
warranty recovery 50 work obsolete inventory percent availability with insurance, handling
percent less and overhead

© 2018 International Business Machines Corporation 13

Maximo is the market leader
and has been for years

IBM Maximo has the leading overall IBM Maximo is the leader in IBM Maximo has been the market
market share in the 2016 Global 21 of 34 categories. leader in the last ten ARC Global
Study published June 2017. Studies published.

“Maximo solutions for EAM

are well proven with deep
functionality and specific vertical
industry solutions. This has
helped continue its leadership
for over a decade.”

Ralph Rio
Research Director
ARC Advisory Group

© 2017
2018 International Business Machines Corporation 14
Maximo is the market leader
and has been for years

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including any warranties of merchantability or

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Asset Management Software,

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Link to complete Magic Quadrant

Kristian Steenstrup, Nicole https://www.gartner.com/doc/reprints?id=1- NICHE PLAYERS VISIONARIES
Foust, November 9, 2017. 4KKGOY9&ct=171115&st=sb COMPLETENESS OF VISION As of August 2017 © Gartner, Inc

© 2017
2018 International Business Machines Corporation 15
IBM Maximo:
Investments and innovation

Beta Maximo IBM Maximo

IBM Maximo Asset
IBM Maximo new Augmented Reality for Blockchain Anywhere
Health Insights
Lab services offering Transparency in
user experience Manage health of Mobile asset
for asset management contracts and management
critical assets
supply chains

© 2017
2018 International Business Machines Corporation 16
Try the demo today

Maximo demo for Enterprise

Asset Management

© 2018 International Business Machines Corporation 17