Executive Summary
Asset-intensive organizations across a wide range of industries including energy, manufacturing, mining, transportation, and utilities continue to invest in new and innovative ways to manage their assets. The goals are to improve productivity and reliability while reducing costs in a safe and sustainable manner. At the center of their efforts are enterprise asset management (EAM) systems such as IBM Maximo. EAM has been integral to the transformation of asset management for several decades, but these systems have recently undergone their own transformation by embracing technologies such as cloud and artificial intelligence (AI)/machine learning (ML). This is bringing many organizations closer than ever to truly optimize the performance of their assets, which is the foundation for operational excellence and resilience.
