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A business consists of a broad variety of assets, which are divided into fixed and liquid assets. Managing an organization's assets is essential to the development of an organization and saves a lot of time and money. We do have some common asset management software to handle the asset management function, and IBM Maximo is one of them.

Introduction to IBM MAXIMO:

IBM Maximo is a financial advisory application that allows users to control assets in a single system. With this single system company will take a look at the entire life cycle of its organizational properties, including manufacturing, communications, infrastructure, transport, and much more. Maximo is a cloud-based or on-site platform that can be easily accessed from any device. As a tech savvy person, to gain proficiency in depth one should take the IBM maximo course which brightens their career growth.

Key functionalities of IBM Maximo:

The key capabilities of the IBM maximo includes a knowledge-based approach that contributes to prompt detection and resolution of problems etc.

Improve wrench time by using advanced scheduling methods.

Simple monitoring of liabilities and asset management plan leading to decreased downtime of assets.

Monitor contractors / suppliers and service providers to boost the efficiency of services delivered 

Control of essential replacement parts, relating to maintenance schedules, leading to reduced loading costs 

Mobile apps allow real-time access to assigned job and asset information to increase response times 

Facilities support desk to publish available resources and increase customer satisfaction.

IBM Maximo Asset Management:

IBM Maximo Asset Management is an enterprise asset management (EAM) software solution produced by IBM. It is a solution that is used to operate, maintain and dispose of corporate assets. It focuses on the following kinds of properties.

Plants and production 

Infrastructures 

Transportation of products 

Land and services

EAM is recognised internationally to be important in asset-intensive sectors , i.e. energy, oil & gas, pharmaceuticals, rail & transportation, heavy manufacturing , and services, including hospitals , schools, and hotels. 

Maximo Asset Management comprises six management modules in an enhanced service-oriented architecture.

Modules of IBM Maximo Asset Management:

Asset Management: Achieve control that you need to track and manage asset and location data more efficiently throughout the asset lifecycle. 

Work management: Manage both scheduled and unplanned job tasks from initial request to completion and documentation of actual work.

Contract management: Achieve full support for purchase, lease, rental, insurance, labor cost, software, master, general and user-defined contracts. 

Inventory Management: Know the specifics of the asset-related inventory and its application, including what, where, where, how many and how important it is. 

IBM Maximo architecture and its components:

Maximo and Worklight form a mobile application network that incorporates the Maximo Asset Management enterprise framework. Maximo offers the tools needed to create mobile applications for Maximo Asset Management. Worklight components act as middleware by facilitating integration with the enterprise framework and by promoting the delivery of applications to mobile users.

Components:

Maximo Integration Framework: The required package of components includes this framework that is used by the Tivoli ® Process Automation Engine to allow integration between Maximo Asset Management and external applications. The required version of the integration system includes OSLC capabilities and service providers that use Maximo apps to retrieve and process enterprise data.

Maximo Anywhere enablement: Content that must be deployed in the Maximo Asset Management environment to support the Maximo Anywhere Work Manager apps. The appropriate package of components includes OSLC object structures, license authorization, and cron task automation.

Map Services: The map view in the Maximo Anywhere Job Execution software uses the positioning data given by Maximo Asset Management. Maximo Asset Management can be designed to receive positioning data from ArcGIS, an external geographic information system. You must have the right to use the correct software from the Map Service Provider, Esri, to enable this setup.

Conclusion:

IBM Maximo, the global leader in corporate asset management systems, is a robust asset lifecycle and maintenance management system. It offers insight into all of the organization's assets, from plant machinery, personnel, infrastructure to vehicle fleets.If you want to grow your professional career in this field, IBM maximo certification course is very advantageous to get placed in top MNC’s. Apart from it, IBM Tivoli certification course adds an extra mile to your career enhancement.