IBM Maximo Application

 What is IBM Maximo Application ?

The IBM Maximo Application Suite allows users to sign on to a single, integrated platform to access key monitoring, maintenance, and reliability applications across the business. You can try and deploy new applications without substantial license and administration costs.

What is the difference between SAP and Maximo?

Differentiate with individual  features:

Asset Lifecycle Management

IBM Maximo Asset Management provides 360-degree asset lifecycle management functionality. ALM is the core module within the IBM Maximo software. It provides a centralized information system to track asset movements, failure and performance across the enterprise. It follows production, IT, facilities and other processes. This feature allows users to develop programs for preventive and predictive maintenance, increase asset uptime, and reduce unplanned maintenance.
This asset management solution also helps optimize maintenance across types of vehicle assets including cars, trucks and buses. The solution provides critical insights into important vehicle data such as maintenance schedules, driver logs, fuel management, vehicle status, meter history and warranty recovery. It helps users to optimize vehicle life through preventive maintenance.

SAP EAM provides powerful asset lifecycle management functionality with a wide spectrum of features for business processes. The solution provides a holistic view of performance, risk and costs throughout the asset lifecycle with information related to usage of assets, accounting costs, warranties and other processes. It helps increase asset ROI and enables informed purchase decisions.
This includes robust support for vehicle maintenance through alignment with HPC America fleet management template. The solution supports fleet and individual vehicle maintenance by assigning VMRS codes and has features such as history, reference products, vehicle attachments and warranties on a single dashboard. It also allows users to manage fuel consumption and schedule preventive maintenance.

These EAM platforms both offer excellent asset management functionality and tie for this feature.

Work Orders

IBM Maximo is a cloud-based system that combines asset and maintenance management in one mobile-ready platform. Users can manage and monitor the full life-cycle of all work orders and transactions.

IBM’s asset management system Maximo provides robust work order functionality. The solution allows users to create, modify, print and track work orders, and build work order hierarchies. The solution also automates work order requests through resource planning and material availability. It also allows users to schedule preventive maintenance for asset groups across locations, manage inspections through the intuitive Maximo user-interface and manage push-notifications from anywhere.

Users can apply customer agreements and price schedules directly to the work orders associated with them. They can view cost and price information, including referenced pricing agreement, included pricing and minimum pricing, in the View Costs and Prices window. You can view a list of all open or billed order batches for a work order in the View Customer Billing History window. The Maximo EAM allows users to review details about the bill batch, customer agreement, copy status, prices and costs.

SAP Enterprise Asset Management works with assets throughout their entire lifecycle. At the start, users can easily enter assets into the program database and track all asset performance in real time. For maintenance, users can set up preventive maintenance schedules to keep assets in top shape before they become suspect to damage.

SAP EAM provides excellent work order management functionality. The solution allows work order creation and helps users view and allocate resources filtered by equipment availability. The solution integrates with SAP HANA in-memory technology to analyze a huge variety of asset data using machine learning algorithms. Then it issues preventive maintenance triggers through notifications and alerts before a part fails. This helps users create inspection lists and prevent unplanned downtime.

SAP offers superior work order functionality as it not only allows for work order management features but automates and assists in their completion wherever possible.

Inventory Management

IBM Maximo is a modular approach to enterprise asset management that centralizes processes for predictive maintenance and reliability. By consolidating data from different sources, users can gain real-time visibility into the health of their assets.
IBM Maximo Asset Management provides master vendor information related to the price of supply, contracts, lead time, etc. ensuring inventory availability at multiple locations. It allows users to place blanket orders and provide safety and re-order stock point updates. The solution also automates purchase requisitions for required parts of inventory.

SAP utilizes an asset-centric model that empowers users and managers with easier access to the equipment’s most critical information — all leading to better financial and operational decision-making.
SAP EAM provides excellent inventory management functionality through an add-on inventory module. The solution offers features such as tag and capture assets, access to master data, and other real-time integrations. The solution offers a centralized platform for real-time inventory visualization and stock availability across multiple sites and direct lookup for specific assets.

Maximo beats SAP in this category with its all-in-one inclusivity and automation features.

Maintenance Management

SAP’s maintenance management module allows users to schedule and track maintenance activities

IBM Maximo Asset Management allows users to create workflows and manage asset performance throughout its lifecycle. It ensures regulatory compliance and lets users create a template for custom report generation. The solution helps users schedule maintenance activities and provides reports on shutdowns, outages and turnarounds, improving response times to faults to increase operational efficiency.

SAP EAM provides strong maintenance management functionality. The solution consists of asset management and work order management tools and ensures regulatory compliance. It helps keep assets at their peak performance by implementing timelier maintenance and shorter response times. The solution also allows users to create templates for work processes through Work Clearance Management integration (WCM) and create a fault tree list against a part or equipment in the asset master list.

These two solutions tie for solid maintenance management features

Integrations

IBM Maximo empowers business operators by offering full integration with IoT and the Watson IoT platform. This means that the solution can capture data from key sources like people, sensors and different devices for comprehensive real-time visibility into users assets’ performances and health.
IBM Maximo Asset Management solution is capable of supporting APIs and provides Maximo Mobile Asset Manager for mobile integration. Maximo lets users create and modify workflows using the Maximo Workflow Designer application and enable notifications that may be required at different levels.

With real-time analytics tools that tap the Internet of Things (IoT), SAP EAM allows users to improve the health of their assets, increase collaboration and dramatically accelerate performance with integrated enterprise asset management. Users can utilize this direct connectivity with the IoT to adopt a usage-based business model and monitor remote assets from anywhere.
SAP EAM provides integration with mobile for plant maintenance work orders and supports data import and export functionality. The solution also lets users create workflow and business automation requests to allow quick insight into work processes and audit trails.

SAP wins for integration in user reviews and number of platforms it can integrate with.

IBM Maximo Asset Management provides robust reporting and BI features. The solution offers users reporting and auditing capabilities for over 150 types of reports which allow users to visualize and analyze a huge amount of data, take preventive actions, and track changes to the attributes of the asset. The solution enables KPI creation within the KPI template and manager application. It also enables color-coding and highlighting KPIs for additional data analysis. MAXIMO also provides failure reporting tools to track faults in the asset based on predefined failure metrics.

SAP EAM has a built-in BI module. The solution allows users to generate reports with trend analysis and fault tree analysis. It provides statistical tools for asset modeling, data discovery, asset scoring and visualization. SAP allows users to create and download activity reports for the service and maintenance history of an asset and enables creation of strong KPI metrics.

What is Maximo APM?

nfused with advanced analytics, AI and industry-customized applications, IBM Maximo Application Suite offers intelligent asset management in a single platform. This integrated suite provides a comprehensive view of your assets, whether on-premises or in a multicloud environment, to help you optimize performance, extend asset lifecycles and keep your business running.

Who Uses IBM Maximo?

IBM Maximo has applications in most industries and is an essential resource in the manufacturing, transportation, energy, and government sectors. Given the widespread deployment of Maximo, you’ll find several groups and organizations dedicated to sharing knowledge related to the platform. A few current examples include:

• GOMaximo – An active community of users in the oil and gas industry that holds symposiums and other regular gatherings.
• IBM Academy for Business Operations and Supply Chain – A collection of experts from IBM and other industry leaders share insights on key topics including Maximo through various sessions.
• Reliability Web – The group responsible for hosting several industry conferences including the popular Maximo World.
• Maximo Utility Working Group (MUWG) – A forum dedicated to Maximo users in the utility sector.

IBM Maximo is an excellent choice for a CMMS/EAM due to its large number of features and flexible deployment options. With an active community of users around the world, IBM Maximo has also become an important resource for business operations experts. The tools included with Maximo give any company the opportunity to find innovative ways to improve operations while creating greater value for employees and customers.

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