Strategic asset management from start to finish: Asset Lifecycle Management with IBM MAS 9.0 - Gemba Service
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Strategic asset management from start to finish: Asset Lifecycle Management with IBM MAS 9.0

How do your assets perform optimally throughout their entire lifespan? With Asset Lifecycle Management, you make the right investment and maintenance decisions, from the moment of purchase to the moment of disposal. The new IBM MAS 9.0 offers you a growth path to Asset Lifecycle Management, with all the tools you need. What are the benefits of Asset Lifecycle Management with IBM MAS 9.0?

26 November 2024 • 11 min read
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A maintenance management system or Computerized Maintenance Management System (CMMS) such as IBM Maximo 7.X helps you keep your assets up and running as efficiently as possible. You use the system to record valuable data about your assets, monitor their performance, and plan and execute maintenance activities. This way, you prevent downtime and extend the lifespan of your assets. Your CMMS forms the basis for Enterprise Asset Management (EAM) and Asset Performance Management (APM), to put it in technical jargon. IBM MAS 9.0 has been available since June of this year. This opens up a new development within your reach: Asset Lifecycle Management, or ALM for short.

Reliability Centered Maintenance included

IBM MAS 9.0 adds Reliability Centered Maintenance (RCM) to the existing EAM and APM suite, enabling complete Asset Lifecycle Management. EAM, APM, and RCM come together: from the purchase and use of an asset to its disposal or replacement.

Developing strategic investment and maintenance plans, conducting risk assessments, managing operational maintenance work, optimizing the performance of your assets: IBM MAS 9.0 offers you a complete toolset to manage the lifecycle of your assets effectively. You combine all the data you need to maximize the performance of your assets and minimize your costs and risks in one solution. This also immediately connects different departments within your organization, from the reliability engineers who devise processes to guarantee the reliability and safety of your assets and the maintenance managers who plan and prepare the work, to the mechanics in the field who perform the maintenance.

Asset Lifecycle Management: the benefits

Plan, operate, and optimize: with IBM MAS 9.0 and Asset Lifecycle Management, you can work data-driven throughout the entire lifecycle of your assets. You increase the return on investment (ROI) of your assets in several ways:

  1. Longer lifespan and better performance through preventive maintenance
    With sensors (IoT), you measure the performance of assets in real time. With this data, you can repair assets before they break down, replace important parts when needed, and plan maintenance at the optimal time.
  2. Lower costs and less downtime
    A proactive approach prevents unexpected failures and costly repairs. Regularly scheduled maintenance minimizes the chance of downtime. Timely planning of necessary repairs gives you control over your maintenance; you don’t have to react to sudden failures.
  3. Higher efficiency
    IoT and AI enable real-time monitoring, so you can directly adjust the performance of your assets. This increases operational efficiency and allows you to respond faster and more effectively to changes around your assets.

Ideal growth path to Asset Lifecycle Management

Asset Lifecycle Management is comprehensive and not something you do all at once. IBM MAS 9.0 offers you an ideal growth path, with a points-based licensing model. All the necessary tools are available, and you can use them when you are ready. If you switch to IBM MAS in the near future, you will have already laid the foundation for Asset Lifecycle Management. After that, you determine at your own pace which new capabilities you use, paying per logged-in user.
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Would you like to discuss the possibilities of IBM MAS 9.0 and your growth path to Asset Lifecycle Management? Contact Wouter Schouten at +31 (0)6 52 68 37 43 or w.schouten@gemba.nl.

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