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Maximo is enterprise asset management software originally developed by Project Software & Development (later MRO Software) with the first commercial version released in 1985. [2] [3] Purchased by IBM in 2006, it was branded as IBM Maximo Asset Management. With the release of version 8 in July 2021 the product was renamed to IBM Maximo Manage. [4]
IT Application Portfolio Management (APM) is a practice that has emerged in mid to large-size information technology (IT) organizations since the mid-1990s. [1] Application Portfolio Management attempts to use the lessons of financial portfolio management to justify and measure the financial benefits of each application in comparison to the costs of the application's maintenance and operations.
In the fields of information technology and systems management, application performance management (APM) is the monitoring and management of the performance and availability of software applications. APM strives to detect and diagnose complex application performance problems to maintain an expected level of service .
According to IT analyst research firm Gartner, Inc., IBM in 2012 owned the largest share of the "IT Operations Management" software market, with an 18% market share. [13] IBM was also the leading provider of Enterprise Asset Management software, for the 7th consecutive year, according to ARC Advisory Group , a research analyst firm for industry ...
Built around a foundation of data science and machine learning, Uptake’s core products include an Asset Performance Management application and a fully managed platform. Uptake’s industry-specific content, including its Asset Strategy Library (ASL), [1] provides guidance on failure prevention. The ASL is the largest in the market today with ...
Hence, asset management is a comprehensive approach in handling an immense portfolio of public and private capital stock. As example, in 2009, the IBM Maximo software was adopted to manage the maintenance of rolling stock and facilities for three railway systems: the Long Island Rail Road, San Francisco BART system, Washington metrorail. [10]
Asset Integrity Management Systems (AIMS) outline the ability of an asset to perform its required function effectively and efficiently whilst protecting health, safety and the environment and the means of ensuring that the people, systems, processes, and resources that deliver integrity are in place, in use and will perform when required over the whole life-cycle of the asset.
Java Service Consulting was established and the APM solution JENNIFER 2.0 was released. By the end of 2005 the company achieved US$1.1 million in license revenue. 2007 The company's name was changed from Java Service to JenniferSoft and a U.S regional office was established in San Francisco.
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