Maximo Users Launch Rail Industry Summit
Mary Gorczynski 1100006B54 email@example.com | | Tags:  ibmpulse tivoli software accenture transportation rail asset-management pulse2011 service-management amtrak eam ibmontwitter ibmsoftware erp rail-industry maximo
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With over 150 railroads and transit operators using IBM Maximo Asset Management (EAM) there is a high level of interest in collaboration and sharing best practices. That's the reason Bill Broughton from Amtrak decided to launch a Maximo Rail Industry Summit, with the inaugural meeting on Saturday, February 26, before IBM Pulse 2011. Bill was supported by Accenture who is currently in the third year of implementation of the Strategic Asset Management (SAM) business transformation project for Amtrak. With the help of Rajesh Ramamurthi (Accenture), Scott Tvaroh (Accenture), Ron Wallace (IBM), Ken Donnelly (IBM) and Bill Sawyer (IBM), Bill's vision became reality with approximately 100 people in attending.
The agenda covered:
The day started with a keynote address laying out the 3 major issues looming on the horizon that will dramatically impact the transportation landscape:
Key EAM challenges for Rail were discussed:
Perhaps the most thought provoking part of the day was the discussion about what the key "Game Changing Opportunity" for Rail will be. The hope is that the industry's key players will see technology as an enabler and strategic weapon for running their business to drive better and faster decisions. The aspiration is to turn changes in supply chain behavior into sustained growth opportunities by providing customer-centric solutions, rather than basic rail transportation services.
Everyone in the room agreed that the rail industry is confronted by immense capital requirements and a problematic regulatory environment, both causing rail IT to be at a point of inflection. It is clear that the future requires an environment where data center operations, mobility applications and smart assets all work together. Where Transportation elements (trip planning; car and train scheduling; terminal control; train and crew management) work with EAM (linear assets; rolling stock; maintenance repair and overhaul) as well as Commercial (lead-to-cash; business intelligence; pricing and CRM) as well as G&A (accounting; procurement and human resources). So that ultimately the transformation of how work is produced and delivered would lead to railroads becoming easier to do business with and profit growth would be enhanced.
Surely a lot to think about and one size does not fit all.
Was the summit worthwhile? Did they address whether or not my train will be on time? Listen to a recap of the event.