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IBM Launches AI-Powered Solutions for Enhanced Asset Management and Emissions Tracking

IBM Launches AI-Powered Solutions for Enhanced Asset Management and Emissions Tracking

IBM Launches AI-Powered Solutions for Enhanced Asset Management and Emissions Tracking
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  • AI-Infused Asset Management: IBM’s Maximo Suite 9.0 leverages AI to improve efficiency, reliability, and sustainability.
  • Enhanced Work Order Intelligence: Generative AI accelerates work order approvals, enhances data quality, and provides reliable failure code recommendations.
  • Optimized Field Service Management: Advanced scheduling and dispatching improve job completion times and resource utilization.

IBM’s Maximo Application Suite 9.0 introduces AI-powered features to enhance asset lifecycle management. These innovations aim to reduce costs, improve reliability, and support sustainability initiatives. Key features include work order intelligence, advanced field service management, and optimized reliability strategies. These tools help organizations manage assets more efficiently, mitigate issues proactively, and reduce greenhouse gas emissions.

Managing complex systems of assets is challenging, especially with increasing costs of unplanned downtime and skills shortages. IBM’s latest release, Maximo Application Suite 9.0, offers AI-powered solutions to enhance asset lifecycle management (ALM), ensuring efficiency and sustainability.

AI-Powered Asset Management

Organizations embedding sustainability are 52% more likely to outperform their peers on profitability,” an IBM Institute for Business Value study found. IBM’s Maximo Suite integrates generative AI, IoT, and environmental insights to improve productivity, extend asset lifespans, and advance decarbonization.

Work Order Intelligence

Maximo Work Order Intelligence, powered by IBM watsonx™ generative AI, speeds up work order approval, improves data quality, and provides reliable failure code recommendations. “Maintenance managers can now quickly identify issues, assign the right problem codes, and reduce troubleshooting time,” says IBM.

Field Service Management

Maximo Field Service Management offers advanced scheduling and dispatching. “The system handles 10 times more work orders and improves job completion time by over 10%,” according to IBM Research. This technology ensures technicians have the right information at the right time, enhancing service efficiency.

Reliability Strategies

Maximo Reliability Strategies provide comprehensive failure mode analyses and mitigation activities. IBM’s collaboration with IBM Research has expanded the FMEA library, enabling faster and more effective reliability strategies for diverse industries.

Decarbonization and Emissions Management

Maximo Emissions Management helps organizations balance operational efficiency with environmental responsibility. Integrated with IBM Envizi™ ESG Suite, it supports emissions monitoring and compliance, contributing to sustainability goals.

Related Article: IBM Envizi Enhances ESG Planning and Forecasting with AI

Driving ALM Innovation

IBM continuously innovates to meet evolving asset management challenges. Maximo Suite 9.0’s AI capabilities drive efficiency, reliability, and success. “We aspire to continue building comprehensive, integrated, and automated solutions,” IBM states, advancing the future of asset lifecycle management.

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