Maximo

IBM TRIRIGA software and IBM Maximo asset management are large solutions that offer managing functionalities that cover project management, lease administration, resources management, 2D CAD and 3D BIM integration, space management, energy, and sustainability, and give seamless connectivity to different SCADA and BMS methods.

IBM Maximo assistance and abilities management software and IBM TRIRIGA propose different solutions for facilities administration. These solutions include all the functionalities that are connected with CMMS, CAFM, EAM, and IWMS. IBM Maximo and Tririga asset control services can be performed together so that they share the same portfolio information, which is linked with select modules via standard business connectors, based on the conditions of the client.

Nashville medical malpractice company include IBM Maximo customer wins in their Client Insight Database which has over 50 data fields that detail company usage of SCM software methods and their digital change initiatives.

Maximo Enterprise Asset Management gives class-leading functionality:

• Procurement
• Supplier contracts
• Budgeting and invoicing (for payables)
• Service catalog and desk
• Asset and work management
• Inventory
• Customer records and billing

Tririga gives specialist CAFM process, such as:

• Energy and Sustainability Reporting (Energy Star Compliance)
• Capital Project Management
• Facility Booking
• Lease Management and Lease Account to the FASB standard
• Space Management with AutoCad Integration

Maximo resources management software is not restricted just to the usual CAFM assets. It can be used to help even the more difficult assets like chillers, lifts, conveyors, HVACs, IT assets, or fleets. Both the solutions, Maximo and Tririga, help BIM integration that can be practiced for 3D referencing and for on-boarding new portfolio information.

Intro to IBM Maximo Asset Management

Stocking, Tracking, Maintaining, Acquiring, and Disposing Assets are the processes that are included in the scope of any Asset Management Plan. Asset Management Plan is a strategy for managing a business infrastructure, despite of the size and management of the company.

While the theoretical definition seems to be consistent and easy to understand, applying an Asset Management Plan can be much more difficult. Regulatory Agreement, Safety and Audit Demands add further dimensions to the Professional aspect of any project.

One way to investigate the challenges behind setting an efficient Asset Management Process is to examine the outcome of many Asset Management Audits that have been made in different industries and market areas. Most of the Audit Findings and Recommendations are compared to weaknesses in one of the below sections:

• Correctness and Completeness of Data: Incorrect and incomplete asset data may lead to weak life-cycle asset management choices, which may eventually lead to inefficient use of sources and possibly extra costs to the company.

• Timely update of data: In an efficient process, something like meter reading, triggering a time-based maintenance, running an Asset, reporting WO actual costs and a lot more, have to be shown in the system as soon as they happen. A stop in updating some data or a fail to trigger some things on a timely manner can jeopardize the efficiency of an Asset Management Plan and significantly improve Operation Danger.

• Failure/ Cause Review: To stop a reoccurrence of a certain defeat, you have to explain the direct problems, identify the route plan and apply the suitable answer accordingly. Incomplete Failure/Cause report is identified as a lack of authority and a weakness in data management. Without an investigation and a solution, the same cause will lead to same mess again and again, and that will lead to other Risk and Cost of Service.

• Lessons received: which is part of the data management area. Analyzing the situation is only half what it needs to be done to achieve the knowledge within the company, documenting the lessons received is essential to maintain the knowledge and develop the process, it’s also is a critical phase of QA/QC.

• Contact: Lack of Communication is one of the most popular issues that most of the businesses face. A lot of events would be preventable if better connection was in place, and a lot of methods will be improved with a bit of better information.

• Broadcasting: Who wouldn’t ask for reports? Whether Operation, SCM, Finance, or Management. Every unit have its own control conditions which always add reporting. You can hardly get an Audit record that didn’t support developing new reports to assure better control and agreement.

EAM Solutions

Think you are an Executive in an business with hundreds or thousands of Assets, something like a Factory, a Resort or Energy Plant. You have to place an Asset Management Plan, which will be based on the advice you got from the Assets Manufacturers and/or the Plant Construction Engineers. So far, that’s still the most comfortable part of the method. Using the Plan and Managing your Assets are the difficult and challenging part, and you can only do this completely if you have an Enterprise Asset Management Solution.

EAM is the full lifecycle management of the real assets across offices, locations and facilities within a company. It includes design, operations, support, replacement and decommissioning of Assets.

An EAM clarification is software that automates and controls the Management of Assets to get near real-time visibility, improve reliability, enhance support plan, and give feedback to build the data and grow the business rule.

A record of benefits will come by default with an Enterprise Asset Management Solution, which covers - but not restricted to:

• Lower Assets’ Downtime
• Effective decision making
• Better Compliance
• Lower Risk and Better Risk Management
• Greater Corporate Performance
• Lower Operation Cost
• Lower Cost of Ownership
• Better Management and Control

IBM Maximo Asset Management

IBM Maximo Asset Management is supposed to be one of the World’s Leading Explications for asset-based businesses. With the right professional and market expertise, you would be able to automate your business process fully, have full clarity of the Assets set-up and control the work to be completed within the organization.

The full method of Asset Management can be run and managed in IBM Maximo, which also offers some extra functionality such as workflow support, using maps, contact logs, growth and many more.

The recording is another strong area in Maximo; you can have a report of any information stored in the system and you can also recover data on a once-off basis and download it easily into an excel file without holding a professional database experience.

IBM Maximo is not restricted to this; applications specific Solutions are ready for a number of business areas such as Utilities, Transportation, NuclearOil &Gas, and Life Science to ensure a perfect fit to businesses specific requirements. Moreover, a number of Add-Ons are also ready to offer extra functionalities that enhance automating the method within Maximo Asset Management. Those Add-Ons provide features such as HSE Compliance, Scheduling, Maximo Mobile, Calibration, and much more.

IBM Maximo Asset Management enables organizations to share and implement best practices, inventory, resources and staff. It helps control all types of assets – including plant, creation, infrastructure, facilities, transport and connections.

Maximo Asset Management holds six control modules in an enhanced service-oriented architecture:

• Asset Management: Do the control you need to more efficiently track and maintain asset and location data during the asset period.
• Work Management: Control both planned and unplanned work actions, from initial application through completion and reporting of actuals.
• Service Management: Set service offerings, organize service level agreements (SLAs), more proactively control service level performance and implement growth procedures.
• Contract Management: Gain comprehensive support for purchase, lease, rent, warranty, labour rate, software, control, blanket and user-defined records.
• Inventory Management: Know the parts of asset-related list and its usage including what, when, where, how many and how important.
• Purchasing Management: Support all the aspects of enterprise-wide acquisition such as direct obtaining and inventory replenishment.

In expanding to all the above Out-of-the-Box functionality, it is worth to consider that IBM Maximo is straightforward to be configured and/or customized to fit the unique condition of an organization. It also includes an Integration Framework to help integration with other systems or with third-party combination bus/software.