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overseas company Machines agency IBM currently received Oniqua Holdings Pty Ltd. for an undisclosed volume. Oniqua gives cyber web of issues (“IoT”) based renovation, restore and operations (“MRO”) stock optimization options. This buyout will bolster IBM’s Asset Optimization observe.
IBM’s asset optimization options portfolio already contains Tririga as smartly because the trade leading Maximo. in the meantime, Oniqua caters to manufacturing, mining, transportation, oil & gasoline, utilities and different such asset-intensive industries. The transaction will allow IBM to more desirable serve its current valued clientele and optimize its operations for higher productivity.
Focal aspects of the Acquisition
Per the press unlock, IBM plans to merge its asset optimization solutions with that of Oniqua’s. certainly, Oniqua’s flagship carrier — MRO answer — when combined with IBM’s asset optimization solution Maximo will support IBM to provide a “solutions-as-a-provider” based mostly answer.
IBM features will also gain “a team of gurus” from Oniqua. The MRO and different prescriptive and predictive analytical capabilities of the group will deliver IBM a competitive part in application features market.
With a combined solution platform, IBM looks ahead to offer a single information source encompassing enterprise assets to permit a “24/7 operational efficiency.”
lower Asset Downtime: Key Catalyst
The primary headwind for the asset intensive businesses is annual unscheduled asset downtime. This in fact stems from the inability of inventories and spare elements. The insights bought by way of scrutinizing and analyzing the enterprise data can decrease unscheduled operational downtime through guaranteeing the most appropriate material and spare ingredients required to satisfy the demand.
IBM is still focused to deliver the clientele with an answer essentially geared toward cutting back unscheduled asset downtime, which enables these clientsto recognize their business goals faster. With Oniqua’s IoT expertise in the asset management house, IBM is probably going to fortify its asset optimization capabilities a pretty good deal.
in consequence, businesses will advantage from the clean connect with the statistics in true-time. it'll enable the clientele to predict equipment failures, subsequently shrinking unplanned downtime.
What the buyers need to understand
IBM’s stock has misplaced 2.1% of its cost during the last year, narrower than the trade’s rally of two.6%.
The business’s turning out to be clout within the enterprise Asset management (EAM) application market is obvious from market analysis company Gartner’s November 2017 “Magic Quadrant for commercial enterprise Asset administration software” file the place it put IBM within the “Leaders” quadrant for its Maximo offering. With Oniqua buyout, IBM is likely to make stronger the dominant place it enjoys out there.
moreover, per research enterprise MarketsandMarkets, the EAM market size is anticipated to develop from $3.44 billion in 2017 to $6.05 billion through 2022 at a CAGR of eleven.9%. They trust IBM is well poised to capitalize on this profitable probability with the additional IoT-based mostly capabilities Oniqua brings on board.
Strengthening IoT Capabilities Bodes neatly
Per IBM’s estimates, there may be round 30 billion linked contraptions by way of 2020, accordingly increasing the need for IoT systems. consequently, the business’s funding in the know-how looks to be reasonably well planned. They believe the upcoming new mixed answer holds promise.
since the advantages, they can assume regular growth of the company driven by means of IoT and synthetic intelligence (“AI”) technologies with a purpose to eventually support it to compete against peers.
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September 27, 2007 13:59 ET
stories cowl energy generation, Transmission and Distribution and Manufacturing
ARMONK, ny--(Marketwire - September 27, 2007) - IBM (NYSE: IBM) these days announced that Gartner Inc. has placed IBM's Maximo asset management solution within the leaders quadrant in three of its experiences, including the "Magic Quadrant for business Asset management for Manufacturing, 2007," "Magic Quadrant for commercial enterprise Asset management for Transmission and Distribution, 2007," and "Magic Quadrant for vigour-producing EAM utility, 2007.(1)"
Gartner evaluates carriers in its Magic Quadrant on "Completeness of imaginative and prescient" and "capacity to Execute."
In each of the experiences, the analyst company qualifies leaders as having a world presence, a big put in base in each and every of the areas being evaluated, and "a mixture of wealthy aspects together with: performance, interfaces to distinct ERP purposes and a capable and world implementation partner group."
IBM Maximo is a collection of application products that helps shoppers control their company belongings -- including planning, procurement, deployment, tracking, protection and retirement -- through a web-architected platform. With consumers in a large number of industries, from packaged goods to heavy manufacturing and oil and gas construction, IBM Maximo is designed to increase production reliability, labor efficiency, material optimization, utility license compliance, hire management, guarantee and repair administration and provisioning across a corporation's assets.
"we are extremely blissful with Maximo's most contemporary positioning in Gartner's industry EAM Magic Quadrant studies," said Jack younger, vice chairman, Maximo development, IBM Tivoli utility. "With the focus on particular industries, they accept as true with these reviews spotlight Maximo's skill to meet a wide variety of necessities in keeping with their understanding of and dedication to fixing the challenges their valued clientele face. With the components now they have been in a position to add to their construction and implementations groups, we're confident Maximo will continue to be a number one solution for a variety EAM markets."
The Gartner reviews consist of a market description for business Asset management (EAM) options, stating, "EAM performance advanced from the CMMS applications that embody work and substances administration for fault fix, commonplace preventive upkeep and repair activities, and from the work management purposes that catered to reactive, brief term work planning coming up from client or failure requirements. An EAM answer includes work order creation, deliberate upkeep, renovation historical past, MRO inventory and procurement, in addition to machine, element and asset tracking for device. In its most-evolved form, the performance is extended by using the addition of primary fiscal administration modules, similar to money owed payable, cost recording in ledgers, and human aid management for rostering and talent recording."
For extra assistance on IBM, please discuss with www.ibm.com. additional information on IBM's Maximo can be found at http://www.maximo.com.
Maximo® is a registered trademark of IBM, Inc.(1) Magic Quadrant for commercial enterprise Asset administration for Manufacturing, 2007. Dan Miklovic, Kristian Steenstrup Magic Quadrant for commercial enterprise Asset administration for Transmission and Distribution, 2007. Kristian Steenstrup, Dan Miklovic Magic Quadrant for power-generating EAM software, 2007. Kristian Steenstrup, Dan Miklovic
The Magic Quadrant is copyrighted 2007, via Gartner Inc. and is reused with permission. Gartner's permission to print its Magic Quadrant should now not be deemed to be an endorsement of any enterprise or product depicted within the quadrant. The Magic Quadrant is Gartner's opinion and is an analytical representation of a marketplace at and for a particular time period. It measures carriers in opposition t Gartner-defined standards for a industry. The positioning of vendors inside a Magic Quadrant is in line with the complicated interplay of many elements. smartly-informed supplier option decisions should rely on greater than a Magic Quadrant. Gartner research is meant to be one of many guidance sources and the reader may still now not depend totally on the Magic Quadrant for choice-making. Gartner expressly disclaims all warranties, categorical or implied of fitness of this analysis for a particular intention.
IBM (NYSE:IBM) has released the latest version of its asset management solution, Maximo Asset management 7.1. The improved application offers help for linear assets, stronger asset lifecycle management, and preservation administration for a wider latitude of asset classes, including creation, facilities and transportation.
the new release presents stronger capabilities for work management, job plans, work order monitoring, service requests and reporting. It additionally frees up IT departments to focal point on different tasks by way of cutting back the number of methods required to manipulate commercial enterprise belongings.
An greater consumer interface makes it easy to configure, and efficient statistics migration capabilities present a faster and less expensive implementation process. The basic edition, Maximo Asset management necessities, is most effective for small and midsize organizations.
"The further IBM resources, in the type of developers, utility engineers and trade specialists, which they had been in a position to add to the Maximo 7.1 building effort, meant offering to their purchasers a more complete providing, sooner," invoice Sawyer, vice president of Maximo Operations at IBM Tivoli utility, noted in an announcement.
published on: can also 27, 2008
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Mike Bacidore is the editor in chief for Control Design magazine. He is an award-winning columnist, earning a Gold Regional Award and a Silver National Award from the American Society of Business Publication Editors. Email him at firstname.lastname@example.org or check out his Google+ profile.
Cisco’s Paul Didier (left) and Nokia’s Mark Cudak share their thoughts on the IIoT at NIWeek in Austin.Each August, engineers and designers gather in the Live Music Capital of the World and enthusiastically bear the triple-digit heat to drink from the cool, refreshing hose of industrial innovation and listen to presentations of the newest applications of National Instruments’ technology. This year, NIWeek in Austin, Texas, focused on the latest developments surrounding the Industrial Internet of Things (IIoT) and big analog data (BAD).
“We’re in the early stages of the Internet of Things,” said Jeff Kodosky, one of the co-founders of NI and the “father” of its LabView platform. “The IIoT is about connecting machines and systems to improve reliability, productivity and safety. Sensors and devices will create huge amounts of data. Big analog data is fundamentally unabated. Sensors and actuators connect to nodes at the edge. LabView is the platform for big analog data and the IIoT.”
NI sees big opportunities in BAD, which comes from physical-world measurements from devices on the edge of the network. And the ability to process that data at the edge or closer to it could greatly reduce the amount of bandwidth that will be necessary to accommodate the exabytes of data the IIoT will require. Most predictions foretell 50 billion connected devices by 2025.
“We’ll have to have ultra-deep and ultra-dense networks and ultra-reliable systems,” warned Mark Cudak, principal research specialist at Nokia, one of the many IIoT heavy hitters who spoke at NIWeek.
“Devices need to be software-upgradable, or at least modular so an obsolete device can be swapped out,” said Greg Gorman, director, IoT solutions group, at IBM. “The companies that are paying attention to the IoT are worried about how this will change their businesses. The companies that aren’t worried will be out of business in five to 10 years. Their CEO wouldn’t have spent $3 billion if she didn’t see an opportunity in the IoT.”
Also read: IBM, NI create condition monitoring and predictive maintenance testbed for the loT
Security is one of the issues that companies must address when it comes to the IIoT. “Security isn’t a problem,” Gorman assured. “It’s an engineering solution waiting to be done. There’s a stack of challenges. They have to establish things like security trust levels. I’d want different kinds of security software, so, if one software is breached, there’s another software behind that. Or how do you detect when you’re not receiving the proper data? Safety, security and veracity are being worked on. I hope no organization starts to create too many standards too early. I think they still have a lot to learn.”
“Industry is behind when it comes to security,” agreed Paul Didier, solutions architect manager at Cisco. “I’ve been working with companies, and you’ll be seeing things later this year. We’re really excited about the time-sensitive networks. They need to bring security to them. Engineers of the future will need to be much more in tune with these network technologies.”
Michael Lee, director of testbeds for the Industrial Internet Consortium (IIC) explained how its testbeds are key in fostering collaboration, interoperability and experimentation. “National Instruments has been an active member,” he said. “NI is involved in three testbeds right now.”
“The ability to process that data at the edge or closer to it could greatly reduce the amount of bandwidth that will be necessary to accommodate the exabytes of data the IIoT will require.”One of these testbeds has been developed jointly by IBM and NI around predictive maintenance (PdM). Designed to create the optimal architecture for PdM, the testbed addresses scalability, cloud integration, security, interoperability and end-to-end analytics. “Edge analyses plus enterprise analyses equals big-analog-data solutions,” said Gorman. The testbed includes NI’s InsightCM Enterprise, IBM Maximo asset management software, IBM Bluemix cloud app and IBM Watson analytics solution.
This is one example. But the heart of the IIoT applications discussed at NIWeek are made possible by NI’s LabView reconfigurable I/O (RIO) architecture platform, which brings intelligent systems together with analytical software tools. “As the Industrial Internet of Things continues to impact the way the world connects, communicates and optimizes smart systems, embedded engineers face growing and evolving networking, performance and security demands and increased pressure to get to market faster, all while reducing development costs,” said Jamie Smith, director of embedded systems at NI. “NI’s LabView RIO architecture delivers a complete platform so engineers can quickly design, prototype and deploy embedded systems for advanced monitoring and control applications in the IIoT.”
NI announced its new product lines of CompactRIO, FlexRIO, and Single-Board RIO controllers that integrate embedded technologies from Xilinx and Intel to deliver performance and flexibility which helps system designers and machine builders solve control and monitoring challenges. The CompactRIO Controller features a 1.91 GHz Intel Atom quad-core processor, a Xilinx Kintex-7 FPGA and four or eight slots of C Series I/O modules for control and monitoring in harsh environments. The new controllers are based on LabView RIO architecture and compatible with LabView 2015, LabView FPGA and NI Linux Real-Time, which is designed to enable advanced security features for IIoT applications.
|Monday, April 04, 2011
BPD Zenith is expanding its business with the launch of new premises in Aberdeen.
The company specializes in the provision and support of IBM's Maximo Enterprise Asset Management (EAM) software, which is used by many North Sea operators to manage their maintenance and engineering operations. The new office is at Original House on Craigshaw Road where seven new and existing staff will be based.
BPD Zenith is headquartered in Carlisle and has driven its Aberdeen expansion plans forward on the back of a successful financial year, which saw the firm record a turnover of £2.5million – almost 40% more than figures recorded for the previous year.
George Lightfoot, managing director of BPD Zenith, said, "We are delighted to expand their presence in Aberdeen. Over the past few years they have been developing and growing their client base in the North east and they felt the time was right to open an office.
"We recognize the significant opportunities that the Aberdeen oil and gas sector presents as more North Sea assets are acquired by lower cost operators, many of whom are already their clients. To date, they have provided Maximo software implementation and customization services to support 25 successful asset transitions in the North Sea.
"We pride ourselves on providing a high level of expertise in the maintenance sector, which has enabled us to develop software solutions that can be tailored to suit the needs of individual clients.
"We are particularly looking forward to working with companies operating in the energy sector and intend to use their unique positioning as a company that specializes in EAM with a presence in Aberdeen to offer clients on site, local expertise, training and support with their asset management systems."
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Magento [3 Certification Exam(s) ]
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Microsoft [375 Certification Exam(s) ]
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Military [1 Certification Exam(s) ]
Misc [1 Certification Exam(s) ]
Motorola [7 Certification Exam(s) ]
mySQL [4 Certification Exam(s) ]
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NCLEX [3 Certification Exam(s) ]
Network-General [12 Certification Exam(s) ]
NetworkAppliance [39 Certification Exam(s) ]
NI [1 Certification Exam(s) ]
NIELIT [1 Certification Exam(s) ]
Nokia [6 Certification Exam(s) ]
Nortel [130 Certification Exam(s) ]
Novell [37 Certification Exam(s) ]
OMG [10 Certification Exam(s) ]
Oracle [282 Certification Exam(s) ]
P&C [2 Certification Exam(s) ]
Palo-Alto [4 Certification Exam(s) ]
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PayPal [1 Certification Exam(s) ]
Pegasystems [12 Certification Exam(s) ]
PEOPLECERT [4 Certification Exam(s) ]
PMI [15 Certification Exam(s) ]
Polycom [2 Certification Exam(s) ]
PostgreSQL-CE [1 Certification Exam(s) ]
Prince2 [6 Certification Exam(s) ]
PRMIA [1 Certification Exam(s) ]
PsychCorp [1 Certification Exam(s) ]
PTCB [2 Certification Exam(s) ]
QAI [1 Certification Exam(s) ]
QlikView [1 Certification Exam(s) ]
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RACC [1 Certification Exam(s) ]
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See-Beyond [1 Certification Exam(s) ]
Siemens [1 Certification Exam(s) ]
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Social-Work-Board [4 Certification Exam(s) ]
SpringSource [1 Certification Exam(s) ]
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Teacher-Certification [4 Certification Exam(s) ]
The-Open-Group [8 Certification Exam(s) ]
TIA [3 Certification Exam(s) ]
Tibco [18 Certification Exam(s) ]
Trainers [3 Certification Exam(s) ]
Trend [1 Certification Exam(s) ]
TruSecure [1 Certification Exam(s) ]
USMLE [1 Certification Exam(s) ]
VCE [6 Certification Exam(s) ]
Veeam [2 Certification Exam(s) ]
Veritas [33 Certification Exam(s) ]
Vmware [58 Certification Exam(s) ]
Wonderlic [2 Certification Exam(s) ]
Worldatwork [2 Certification Exam(s) ]
XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]
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