The implementation of Maximo’s Application Suite 8 has generated a great deal of excitement, but it has also left many people with lingering questions. For convenience, we have collected and answered some of the most frequently asked questions surrounding MAS 8, its new features, and what upgrading to the latest version will mean for you and your business.
A: We cover many of the new features of Maximo 8 in our webinar series, but some of the key elements of Maximo Suite 8.0 include:
In addition to the main feature enhancements of Maximo maintenance software, the add-on features available aim to enhance performance and simplify day-to-day operations for growing companies in many technological sectors.
A: Industry-specific solutions include:
A: A Maximo upgrade is applicable if your company utilizes Maximo 126.96.36.199 or a higher version. If your company uses an older version, you must complete the upgrade in more than one step: first upgrading to 188.8.131.52 and then moving up to Maximo 8.
A: Yes, Maximo Application Suite 8 can be customized to meet the functional requirements of businesses in a variety of industries. The features can be configured to monitor inventory levels, services, contracts, and asset procedures in the following sectors, just to name a few: Oil and Gas, Transportation, Energy, Utilities, Aviation, Nuclear Technology, and Manufacturing.
A: The asset management capabilities of the IBM Maximo Application Suite include, but aren’t limited to, the following parameters: technician availability, asset locations, warranty information, leasing information, maintenance history, maintenance schedules, parts inventories, and contract management.
A: Utilizing Maximo’s upgraded maintenance software and the new asset management features can significantly increase ROI and time and money savings. According to IBM statistics, MAS 8 can reduce up to 20% of labor costs, up to 25% of time waste and equipment downtime, and up to 15% of inventory costs.
A: Yes, there are several available add-on options that integrate with Maximo Suite 8, including:
A: Maximo’s maintenance software provides businesses with impeccable organizational capabilities. By collecting, organizing, storing, and monitoring asset information, Maximo 8 allows you to schedule preventive maintenance, ensure staff availability, keep track of assets on-location, monitor warranty deadlines, adhere to regulations, and avoid unnecessary fees. The careful organization of each asset reduces labor hours, time waste, and asset losses.
A: Maximo 8 can simplify monitoring and management of contractual information, service agreements, corporate standards, laws and regulations, inventory, warranties, parts, logistics, and vendor information. The system collects, organizes, and stores information and generates notifications when important deadlines are approaching or contractual information needs review.
A: To learn more about the Maximo 8 implementation, check out our webinar series designed to help you navigate the ins and outs of the MAS 8 upgrade.
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