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Asset Performance Management with IBM Maximo for Energy & Utilities

Learn how Australasian energy and utilities companies shed light on their asset performance with energy insights. Experience better performance and reduce downtime with advanced analytics and AI.


What Is Asset Performance Management?

Asset Performance Management (APM) enhances your Enterprise Asset Management (EAM) foundation through powerful analytics and AI. APM provides insights at the point of action to minimise unplanned repair work, increase asset availability, lower costs and reduce the risk of equipment failure. Through the integration of disparate data sources, including EAM systems of record and IoT data, APM provides a comprehensive view of your operational assets.

IBM Maximo APM for Energy & Utilities

IBM® Maximo® APM for Energy & Utilities is an open analytics platform for energy and utility companies. The solution provides a 360-degree view of interconnected assets and helps you make the right decisions with the right information at the right time. This ensures that asset replacement, maintenance and performance are optimised.

Certus Solutions accelerates the process of implementing IBM Maximo APM and helps utilities and energy companies across New Zealand and Australia harness the benefits of process optimisation and automation.

ROY RECOMENDS:

My top APM Resources for Energy & Utilities

Hi everyone, Roy Lorenzen here, Solutions Manager at Certus. I have put together some resources to help you learn more about IBM Maximo APM for Energy & Utilities and how the platform gives you the data and insights you need to make the right decisions and optimise your assets' performance.

I hope you find these resources valuable. Don’t hesitate to reach out if you have any questions about the resources or IBM IoT for Energy & Utilities in general.

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IBM IoT for Energy and Utilities

Today’s energy and utilities companies are part of a changing landscape. Customers expect the delivery of safe, reliable, affordable and sustainable energy – despite declining budgets for operations and maintenance and an ageing asset base.

Energy and utilities companies understand that data is key to adapting to change. These companies have a wealth of data available to them, but it is often locked in siloed systems, or it is in an unstructured format. To unlock the value hidden in this data, energy and utilities companies are turning to advanced analytics.

With this approach, organisations can experience increased agility and responsiveness, reduced operational costs and improved asset reliability. IBM IoT for Energy and Utilities is a platform for enterprise-wide data and analytics integration. It is scalable, extensible and integrates dispersed data sources and analytic applications to add layers of business value.

Built-In Analytics Applications

As analytics from various silos are pulled into one place, companies gain the ability to understand the interrelated impact of their business decisions. For utilities, maintenance and operations organisations, having added layers of information means they can assess risks before equipment breaks and fix what really needs fixing.

IBM IoT for Energy and Utilities delivers built-in analytics applications, including asset health and risk, predictive maintenance and situational awareness, and it provides the capabilities for energy and utilities companies to customise and combine additional analytic algorithms.

The result is a single view of analytics across the enterprise and a foundation for an advanced analytics road map to enrich business outcomes. The IBM IoT for Energy and Utilities solution can turn your business challenges into valuable opportunities.

Learn more about IBM Maximo APM

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Keen to learn more about how IBM Maximo APM for Energy & Utilities can benefit your organisation? Get in touch with us today.