Ralph Rio from ARC Advisory Group Talks "Intelligence"
Mary Gorczynski 1100006B54 email@example.com | | Tags:  apm software facilities-management ibmontwitter maximo eam arc service-management ibmeam lease asset-management assetmgmt sarbanes-oxley tivoli ibmsoftware ibmpulse ralph-rio
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In this year's interview with Ralph Rio, from ARC Advisory Group, at Pulse, we focused on facilities management.
Ralph started with an overview of current economic conditions and the impact on facility managers. Facilities, leases and operation costs can be more than 30% of annual corporate spending and with the accounting changes coming from FASB as well as Sarbanes-Oxley regulations, the focus is growing. The acquisition of TRIRIGA enables IBM to expand traditional areas of asset management for a more comprehensive solution and addresses the new lease regulations.
Next Ralph discussed the emerging concept of Asset Performance Management (APM), which leverages both operations and maintenance applications to improve asset availability and utilization. The integration of applications typically used by maintenance (EAM, condition monitoring and reliability) with applications typically used by production (CPM, ERP and control systems) provides data for business process automation and improved decision support.
Next we got into the meat of the interview -- Ralph took on "intelligence" and "smarter". Simply put, Ralph defined "intelligence" as improved decision support and business process automation using sensor data. The great thing about intelligence is that it provides maintenance managers with visibility into key metrics to enable improved equipment uptime, reliability, asset longevity, cost control and safety. Something that we heard a lot about at Pulse this year, across all industries.
With regards to technology trends that affect Enterprise Asset Management, Ralph focused on 2 areas:
We've seen all week the predictions on the growth of mobility (Danny Sabbah stated that nearly half of devices accessing business data applications will be mobile) so it will become increasingly important for expansion in this area for Maximo.
Watch and comment on the interview here....