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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]
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 ...
Enterprise asset management software is a computer software that handles every aspect of running a public works or asset-intensive organization. Enterprise asset management (EAM) software applications include features such as asset life-cycle management, preventive maintenance scheduling, warranty management, integrated mobile wireless handheld ...
Peregrine Systems, Inc. was an enterprise software company, founded in 1981, that sold enterprise asset management, change management, and ITIL-based IT service management software. Following an accounting scandal and bankruptcy in 2003, Peregrine was acquired by Hewlett-Packard in 2005. [ 1 ]
Tivoli Process Automation Engine. This is an incarnation of a central component of the Maximo (MRO) asset and workflow management application that IBM acquired in 2006. Tivoli Provisioning Manager, the application that runs workflows to automate deployment of software.
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]
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