Asset performance management (APM) is a strategic approach that businesses rely on to optimize the performance of their most valuable assets.
In IBM Maximo Asset Management V6.2, what does the Purchase Orders applications Distribute Costs action do?() A. Distribute the line item cost among all lines. B. Distribute the line item cost among all direct issue...
Maximo Everyplace is included with no additional licensing or fees starting with Maximo 7.6. Maximo Anywhere Maximo Anywhere provides role based feature sets via applications that function in connected and disconnected environments. Anywhere delivers 9 different applications across Work, Asset and Inventory...
Maximo is considered an Enterprise Asset Management (EAM) system. Having the enterprise label means it is more than just a maintenance work management system. A Computerized Maintenance Management System (CMMS) is an older term that is still in use and refers to a simpler system that is general...
Maximo Application Suite9.0 is released this week, and with the end of support for Maximo 7.6.1.X looming in September 2025, now is the perfect time to consider your upgrade! The Suite offers an array of new functionalities including Monitor, Health, Predict and Visual Inspection, but many ...
Functional failure is the failure of an asset, system, or process to fulfill one or more of its intended functions. While the asset may still operate in some form, it is classed as a failure if it does not contribute to operations as intended. Clearly outlining each of the potential points...
1. IBM Maximo Application Suite IBM Maximo Application Suite is an integrated cloud-based asset monitoring, management, predictive maintenance, and reliability planning software. It is a set of applications that uses AI, IoT, and data analytics to optimize performance, extend asset lifecycles, and ...
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Sometimes equipment failure doesn’t demand urgent attention. This type of reactive maintenance is any work performed on malfunctioning equipment, whether or not it constitutes anemergency repair. You might also plan for breakdown maintenance ahead of time based on data related to an asset’s perform...
in its simplest definition, is the tracking of a company’s physical assets through barcode scanning or by GPS and RFID tags to confirm their location. It is an integral part ofenterprise asset management (EAM). While the method is limited to physical assets, the impact of effective asset ...