The energy and utilities industry is grappling with a rapidly changing marketplace. New niche players are disrupting the traditional franchise model, and distributed energy generation and shifting capital recovery models require new capabilities. Within this ever-changing landscape, cloud computing offers a new path for sustainable, efficient, flexible growth.
Using a combination of cloud-delivered services, companies accelerate time-to-market and enhancements that differentiate the customer experience. Cloud can drive significant value creation and competitive advantage.
By identifying and prioritizing business functions in terms of cloud readiness and deployment ease, organizations can support efficiency, growth and innovation. In this environment, it is imperative that energy and utilities organizations use cloud to transform the utility network, improve generation performance and optimize customer operations.
Track and manage asset deployment, specifications, conditions, calibration, costing from a single system. Manage maintenance with comprehensive maintenance work management for planned and unplanned activities including long-and short-term planning, preventive, reactive and condition-based maintenance, schedule management, resource optimization and key performance indicators. Plan inventory to meet maintenance demand accurately, making the right parts available at the right location when needed. Manage vendor contracts with comprehensive contract management support for purchase, lease, rental, warranty, rate, master, blanket and user-defined contracts. Define service offerings and establish service. level agreements (SLAs) to help align service levels with business objectives. Automate process workflows to quickly and accurately enforce business-critical policies.
Allow transparency into operations. Increase availability. Improve operational efficiencies. Improve asset management decisions. Improved work planning, scheduling and work execution. Improve responsiveness to customer requirement. Application consolidation and transparency of information. Application interoperability across the enterprise supported by the Maximo Integration Framework, MIF. Improve reliability. Improve productivity. Improve safety.
The IBM Maximo Asset Management is the clear leader in the EAM marketplace. Proof points include:
Dominance in a mature, crowded market of over 50 vendors –IBM owns a 14.7% share. The leader in Gartner Magic Quadrants for Power Generation and Delivery (Transmission & Distribution). ARC Advisory Group market leader in EAM. Eases the transition to managing all enterprise and IT assets in a single application. Fossil/Hydro Powergen: 200 customers globally, 17 of 30 Fortune 1000 (examples: Duke Energy, DTE Energy, New York Power Authority, Lower Colorado River Authority, Bureau of Reclamation, TennesseeValley Authority) Transmission & Distribution: 80 customers globally (examples: Arizona Public Service, ConEd, Scotia Gas, Duke Energy, Salt River Project, Spectra Gas Transmission, DTE Energy, ESKOM)