IBM Maximo Application Suite
In July 2020, IBM released its first application suite solutions for enterprise asset management, Maximo Application Suite, also termed Maximo 8.0. The suite serves as a single platform to integrate applications with IBM’s asset management functionalities. Enabled with AI technologies, this enterprise asset management system collects data from multiple resources for insights regarding asset conditions with real-time analytics. The suite can be deployed on-premises or run on IBM Cloud powered by an Openshift environment, reducing installation and administration complexity for organizations. The application suite uses a usage-based pricing model and allows organizations to scale out memory and storage depending on business needs.