Recently acquired by IBM, asset and service management solutions company, MRO Software, has announced the availability of the latest version of IBM Maximo, designed to enable customers to manage mission-critical assets such as production equipment, facilities, or transportation fleets.

Part of IBM’s Tivoli software portfolio, the new IBM Maximo 6.2 extends Big Blue’s Tivoli service management portfolio beyond data center and IT management to assets as diverse as oil and gas refineries, power plants, facilities and vehicle, aircraft and marine fleets.

Maximo 6.2 is claimed to assist customers in tracking and proactively managing variety of assets and improve asset efficiency and reliability.

Organizations with well-managed assets recognize benefits such as improved production levels, increased regulatory compliance and improved reliability said IBM.

In addition to the availability of Maximo 6.2, IBM also outlined plans for future product releases for the EAM and industry-specific markets. In 2007, it plans to release another version of Maximo for third-party asset management service providers.

IBM said that this market has specific requirements such as third-party billing, contractor management, service level management etc and the upcoming Maximo solution will meet these needs efficiently.

It has also planned to release similar solutions for the transmission, distribution and nuclear utilities and government markets.

"We continue to see an increasing demand for Maximo solutions in our traditional core EAM market for customers seeking to more efficiently manage their critical operating assets. With the addition of IBM's EAM and development resources, we've been able to accelerate the delivery of new enhancements and modules for this market," said Jack Young, vice president, products and technologies, MRO Software, an IBM company.
Maximo 6.2 is available immediately through IBM and its Business Partners.