IBM Maximo Asset Management

//IBM Maximo Asset Management
IBM Maximo Asset Management 2018-03-09T06:51:43+00:00

Product: IBM Maximo Asset Management

IBM Maximo Asset Management is a software system for managing the entire lifecycle of assets and workflow processes within a company. IBM Maximo Asset Management allows you to manage assets and business activities. IBM Maximo Asset Management offers insight into all your business assets, as well as their status and work for the benefit of optimal planning, control, audit and compliance.

Maximo Asset Management allows organisations to share and enforce best practices, inventory, resources and personnel. It helps manage all types of assets – including plant, production, infrastructure, facilities, transportation and communications.

It is available as an on-premises or software-as-a-service (SaaS) offering.

Maximo Asset Management (SaaS)
The industry leading asset management solution, now available as a SaaS offering

What’s New?

  • Full capabilities of Maximo available as a subscription based delivery model.
  • Includes Maximo and mobile access using Maximo Everyplace.
  • Proactively plan, schedule & forecast work, with Maximo Scheduler.
  • Hosted by IBM using the SoftLayer Cloud infrastructure.

Key Differentiators

  • Collect, consolidate and analyse essential information on all types of assets including the IT elements of operating assets.
  • Improve operations through better asset availability, reliability and asset utilisation.
  • Unify processes for wide-ranging asset management functions across multiple sites.
Inventory costs
Material costs
Use of Assets
Inventory costs

The functionality of IBM Maximo


IBM Maximo BIRT reporting tool is included. This gives you direct access to 130 numerous standard reports. In addition, you can customise existing reports and create new reports. BIRT allows you to schedule reports, so they may be generated at periodic intervals and be sent to the recipients via email. BIRT supports the following reporting formats: PDF, Excel, HTML, PowerPoint, Word, XML and PostScript. BIRT distinguishes between two types of reports:

  1. Operational reports Work order coupon, Purchase Order, Stock Trades etc ..
  2. Strategic reports Availability Assets, ABC Analysis, Availability articles etc ..

Ad-hoc reporting is used to simply list themselves to prepare reports. Allows you to choose which fields are shown on the report, or you want to group the information and / or sorting. This form of reports to send in planning and by mail.

Each application in Maximo has a ‘List’ tab. This tab is used to filter data such as Assets, Purchase Orders and Work Orders. Each list tab has a download button which allows you to export filtered information quickly and easily from Maximo to Excel.

Extra: IBM Cognos

An organization that has Maximo licenses is also entitled to use IBM Cognos, a Reporting and Business Intelligence (BI) tool. The license for IBM Cognos includes the condition that you only use IBM Cognos IBM Maximo to display information in reports.

IBM Cognos BI is a reporting tool that allows you to view information in advanced charts and graphs. To quickly start with this sort of reports you can download Maximo BI Packs. Within these packs a number of reports are provided out-of-the-box including:

  • Work Order Work spaces reports
  • Work order type, priority, Critical Assets and Ratings
  • Work Order Metrics reports
  • Backlog, About Time, Unplanned and the cost comparison between planned and actual work order
  • Failure assets Metrics
  • O.b.v. Classifications, Critical Asset and Defect Classes
  • Failure assets
  • Number of defects, MTTR (Mean Time To Repair), MTBF (Mean Time Between Failures) and Asset Availability
  • Stock Metrics
  • Transactions, ABC analysis, Item Type Groups