IBM Announces Maximo 6.2

by CXOtoday Staff    Dec 22, 2006

MRO Software, recently acquired by IBM, has announced the ability of the latest version of IBM Maximo, an enterprise asset management solution used to manage mission-critical assets such as production equipment, facilities, or transportation fleets.

IBM announced the acquisition on August 3, 2006 and it was completed on October 5, 2006. With the acquisition, IBM added Maximo to its Tivoli software portfolio.

In addition to the availability of Maximo 6.2, the company also outlined plans for future product releases for the EAM and industry-specific markets. Scheduled for release in 2007 is a version of Maximo to support the needs of third-party providers of asset management services. This market has specific requirements including third-party billing, contractor management, service level management and the ability to track customer agreements. The Maximo solution will meet those and other needs specific to this market. Also planned are solutions for the transmission, distribution and nuclear utilities and government markets, in addition to product enhancements for calibration, asset configuration, transportation and life sciences.

Some of the industry-specific enhancements IBM plans to incorporate include GIS support for utilities, clearance and tagging capabilities and support for Standard Nuclear Performance Model (SNPM) in Maximo for nuclear power.

“We continue to see an increasing demand for Maximo solutions in our traditional core EAM market for customers seeking to more efficiently manage their critical operating assets. With the addition of IBM’s EAM and development resources, we’ve been able to accelerate the delivery of new enhancements and modules for this market. With the added resources, we’re working to speed the release of these products, and increase our commitment to this market,” says Jack Young, VP - products & technologies, MRO Software.