Maximo for Energy and Utilities

The Energy & Utility Industry refers to companies and organizations who generate and deliver energy (gas or electric) to residential, industrial and commercial customers. 
 
Maximo for Energy and Utilities supports work and asset management for transmission and distribution in water, gas and electric utilities. 

Companies with the following traits are good candidates for a Maximo solution: 

  • Investor Owned Utilities (IOU): gas and electric utilities serving more than 200,000 customers, and/or generating over 4000 MW. 
  • Municipal or Coops: serving more than 100,000 water, gas or electric customers, and/or generating over 1500 MW. 

Industry Trends for Energy and Utilities

  • Strive for operational excellence – getting more from the assets that serve the customers, by continuously improving operational efficiency and optimizing cost 
  • Convergence of Operational Technology (OT) and Information Technology (IT) 
  • Consolidation of asset management related systems 
  • Implementing Demand-Response infrastructure and process 
  • Mitigate compliance and enterprise risk 
  • Addressing the full asset lifecycle 

Key Capabilities

Supports work and asset management for transmission and distribution in water, gas and electric utilities. 

  • Helps increase asset and resources effectiveness by providing a platform to support all types of asset classes and all types of work in water, gas and electric utilities. 
  • Create detailed estimates with Compatible Unit Estimating (CUE) and a multilevel compatible unit library  
  • Manage crew type and crew makeup with enhanced crew management while tracking labor skills and certifications  
  • Integrated work and asset management functionality on a modern platform including supply chain management, contact management, and SLA. 
  • Support smart grid by tracking smart meters and new asset types such as head-end equipment in Maximo.   
  • Supports Regulatory Tracking and Reporting: NERC/CIP – by identifying critical assets and work orders associated with regulatory requirements. 
  • Web service to receive meter alarms from MDM 
  • Includes Maximo Spatial to support map-based user interface built on ESRI ArcGIS technology which interoperates with other GIS systems. 

Smart Meter Management |Maximo for Energy and Utilities Supports: 

  • Master Asset Information Repository  
  • Management of “IT like” devices, i.e., smart meters  
  • Service level management 
  • Lifecycle cost 
  • Meter Inventory Management 
  • Convergence of IT and OT Assets 
  • Common platform for generation, transmission, distribution, facilities, vehicle fleet, IT assets 
  • Seamless integration to business systems i.e., work management, supply chain, inventory, contract management 
  • Integrated work & asset management 

Maximo for Energy and Utilities Value Proposition

GIS Integration with Spatial:  

Easily and dynamically visualize the spatial detail of assets and the roads, buildings, pipelines, and other mapped features around them. 

Health and Worker Safety: 

Identify and eliminate hazards in the workplace and in the field by combining HSE data with real-time info from wearables and  environmental sensors with advanced analytics. 

Dynamic and self-scheduling: 

Visually manage schedules, assign work and resources. Use time, place, and skills to map out your optimal deployment, respond dynamically to changes and let clients schedule slots. 

Mobility: 
Out of the Box mobility for any connected device as workforces must be able to access EAM from the field.  
 
ISO 55000 family implementation: 

Leverage the whole lifecycle approach  from the ISO 55000 family. Facilitating the businesses moves from an “asset centric” business to  more “Outcomes” oriented processes. 

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On April 21 2021, 11 AM CT