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foreign commerce Machines service provider IBM recently acquired Oniqua Holdings Pty Ltd. for an undisclosed amount. Oniqua offers web of things (“IoT”) based mostly maintenance, fix and operations (“MRO”) inventory optimization solutions. This buyout will bolster IBM’s Asset Optimization follow.
IBM’s asset optimization solutions portfolio already comprises Tririga as neatly because the industry leading Maximo. meanwhile, Oniqua caters to manufacturing, mining, transportation, oil & gasoline, utilities and other such asset-intensive industries. The transaction will allow IBM to stronger serve its current consumers and optimize its operations for larger productiveness.
Focal features of the Acquisition
Per the clicking release, IBM plans to merge its asset optimization solutions with that of Oniqua’s. in particular, Oniqua’s flagship service — MRO solution — when mixed with IBM’s asset optimization respond Maximo will assist IBM to give a “solutions-as-a-provider” based mostly solution.
IBM features will likewise benefit “a crew of specialists” from Oniqua. The MRO and other prescriptive and predictive analytical capabilities of the neighborhood will deliver IBM a aggressive portion in software services market.
With a combined solution platform, IBM looks forward to proffer a lone facts supply encompassing commerce property to permit a “24/7 operational effectivity.”
lower Asset Downtime: Key Catalyst
The basic headwind for the asset intensive organizations is annual unscheduled asset downtime. This in reality stems from the want of inventories and spare components. The insights acquired by scrutinizing and analyzing the enterprise information can diminish unscheduled operational downtime by using guaranteeing the finest material and spare components required to meet the demand.
IBM continues to exist concentrated to deliver the clientele with an respond essentially aimed toward cutting back unscheduled asset downtime, which enables these clientsto recognize their commerce goals sooner. With Oniqua’s IoT odds in the asset management space, IBM is probably going to improve its asset optimization capabilities a superb deal.
subsequently, companies will benefit from the facile join with the records in precise-time. it's going to enable the clientele to foretell machine disasters, as a result shrinking unplanned downtime.
What the investors deserve to know
IBM’s inventory has lost 2.1% of its cost during the eventual year, narrower than the trade’s rally of two.6%.
The company’s growing clout within the enterprise Asset administration (EAM) software market is evident from market analysis company Gartner’s November 2017 “Magic Quadrant for commercial enterprise Asset administration utility” record the situation it reserve IBM within the “Leaders” quadrant for its Maximo offering. With Oniqua buyout, IBM is probably going to enhance the paramount position it enjoys in the market.
additionally, per research enterprise MarketsandMarkets, the EAM market size is anticipated to develop from $3.44 billion in 2017 to $6.05 billion by 2022 at a CAGR of eleven.9%. They faith IBM is smartly poised to capitalize on this profitable possibility with the additional IoT-based mostly capabilities Oniqua brings on board.
Strengthening IoT Capabilities Bodes neatly
Per IBM’s estimates, there could exist round 30 billion related gadgets with the aid of 2020, hence increasing the exigency for IoT structures. as a result, the company’s funding in the technology seems to exist reasonably smartly deliberate. They reckon the upcoming recent mixed solution holds promise.
given that the advantages, they will signify on constant augment of the company driven with the aid of IoT and synthetic intelligence (“AI”) technologies to exist able to eventually aid it to compete towards peers.
Zacks Rank & Key Picks
IBM at the jiffy carries a Zacks Rank #3 (dangle).
more desirable-ranked stocks within the broader know-how sector are Western Digital WDC, Mellanox MLNX and Micron MU, each and every sporting a Zacks Rank #1 (strong purchase). you could view the finished checklist of nowadays’s Zacks #1 Rank shares privilege here.
The projected long-time term revenue boom rate for Western Digital, Mellanox and Micron are 19%, 15% and 10%, respectively.
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IBM Maximo service Request (carrier Request) app offers a platform for coming into service requests into IBM Maximo Asset management. provider Request is compatible with IBM Maximo any situation 7.6.2.x.
clients can converse or classification an silhouette of the request, and enter a belt and an asset for the request. they can additionally view the requests that they created which are at the jiffy unresolved in order to succeed up on these requests. Contact your IBM Maximo anyplace administrator before using this software.
IBM spoke of it is rolling out a collection of analytics and internet of things tackle to more advantageous goal asset ponderous industries similar to manufacturers, oil and fuel and utilities.
The functions, which plunge below the IBM Maximo Asset efficiency management (APM) banner, are aimed to design IBM more competitive with the likes of GE's industrial IoT efforts in addition to upstarts akin to Uptake and C3.
large Blue's Maximo is a brand usually associated with commerce asset management. Maximo is a leading suite in that area. IBM's guess is that it will probably add APM as an extension to music property comparable to motors, machine, turbine and elevators.
the industrial IoT belt has horizontal companies like IBM, but additionally has avid gamers like Honeywell and United applied sciences. Industrial groups are the exhaust of analytics and IoT to enhanced maintain device and proactively address issues. The problem for many carriers are that industrial IoT structures are blending together.
for instance, a developer survey by means of the Eclipse foundation discovered that IoT builders are flocking to AWS and Microsoft Azure as their favourite structures.
additionally: what's the IoT? every thing you should exist vigilant of concerning the cyber web of issues privilege now| what's computer learning? every thing you exigency to know
in particular, IBM is rolling out privilege here:
Asset health Insights, utility that makes assessments according to precise-time sensor records, statistics and exterior information.
Predictive renovation Insights, an utility that fashions failure dates, degradation curves and anomalies.
machine administration Assistant, which uses synthetic intelligence to support technicians design repairs.
IBM referred to it'll customize its APM suite for industries starting with power and utilities. massive Blue referred to The Metropolitan Atlanta quick Transit Authority (MARTA) as a consumer of its APM suite.
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NASHUA, NH, Sep 9, 2015 – Microdesk, Inc., a leading provider of commerce and technology consulting services for the design and construction industry, today announced the launch of its Revit asset management solution ModelStream, a recent enterprise asset management solution. ModelStream bridges Autodesk Revit with IBM Maximo, providing a appliance that enables facility management and operations and maintenance teams to directly access building information model (BIM) data developed during the design and construction process.
“ModelStream is a prime illustration of how Microdesk is constantly striving to recognize ways to align and support the AECO industry,” said Michael DeLacey, president of Microdesk. “Our AEC and Facility Management experts endure developed a game-changing solution that directly connects asset management systems with BIM models, enabling owners to seamlessly access complete captious building information immediately after project close-out.”
“ModelStream is an innovative recent product that finally addresses a major smart point for owners and facility managers with its bi-directional connection between Autodesk Revit and IBM Maximo information to create a fully integrated asset management system,” said George Broadbent, director of asset management at Microdesk. “By bridging the gap between BIM models and Maximo, facilities and operations teams will now exist able to easily visualize potential problems, track equipment, identify assets, and access data essential for effectively managing a building throughout its lifecycle.”
Bridging Autodesk Revit with IBM Maximo
Microdesk’s ModelStream connects the information-driven power of BIM with the comprehensive asset and maintenance management system IBM Maximo. Rather than deal with the time consuming process of manually populating a computerized maintenance management system (CMMS), ModelStream’s configuration can exist accomplished in a matter of hours and assets synchronized in just a few minutes.
The Benefits of ModelStream
ModelStream provides a solution to owners and facility management teams that allows them to directly access captious information from IBM Maximo and Revit. Information is synchronized between the two programs and staff can access complete project data, including the BIM model, privilege from IBM Maximo. Rather than having to sift through multiple data sources, personnel can access complete space, asset, and maintenance information from a lone comprehensive enterprise asset management system.
Learn More about ModelStreamMicrodesk is offering an introductory “Jump-Start Package” for ModelStream that includes technology assessment and consulting services, software installation, and support. To learn more about ModelStream and the Jump-Start Package, or any of Microdesk’s other facility management and 6D modelling services, contact Microdesk at 1-800-336-3375 or visit www3.microdesk.com/modelstream.
Microdesk is a design technology consultancy that combines the leading software tools from Autodesk, IBM, Trimble, Bluebeam and Panzura, with the latest methods, including building Information Modeling and Virtual Design & Construction, to attend firms successfully plan, design, build and operate land and buildings. Microdesk is a member of the Autodesk, IBM and ESRI Developer Networks, a leading Autodesk and IBM partner, and operates Autodesk, Adobe and Trimble Authorized Training Centers. Microdesk has 11 offices nationwide, located in recent Hampshire, Massachusetts, Connecticut, California, recent York, Pennsylvania,Chicago and Washington, DC.
For additional information regarding Microdesk, gratify visit www.microdesk.com.
BRISBANE, Australia--(BUSINESS WIRE)--Convergence Team, a professional services company focused on delivering Enterprise Asset Management (EAM) solutions, today announced the successful go-live of IBM Maximo solution for Glow Energy Public Company Limited’s “Glow Group” (SET Ltd: GLOW).
The IBM Maximo upgrade allowed Glow Group to consolidate commerce practices across their many unique power plants, fully integrate the solution with Oracle Financials, as well as design, develop, and maintain a complete budgeting and tracking solution to drive overall enterprise efficiency. Such a vast program was not only extremely challenging from a technical perspective, but it was likewise a huge undertaking to manage. As a result, the project was split into several phases:
1. High-level requirements gathering and solution mapping
2. Implementation of the global design for the group
3. Implementation of additional requirements specific to commerce areas
The two-year program of toil for facet I and II went live in February. facet III is currently in a planning stage while minor enhancements are being implemented.
“Convergence Team has a valued, steady, and strong relationship with Glow, and we’re arrogant to exist in partnership together. For more than five years, their organizations endure worked side-by-side to deploy Glow’s EAM roadmap for growth and efficiency,” said Antoine Giraud, IBM Maximo practice principle at Convergence Team. He continued, “The size, history, and complexity of the Glow operations are significant, and they are honored to toil with them to achieve the desired results.”
Michael Reiff, SVP, financial Controller at Glow, said, “IBM Maximo has been an integral portion of their company and its operations for many years. When considering this upgrade and improvement project, they first analyzed impact to their ongoing commerce and sought a ally that understood this significance.” He continued, “Convergence Team was the obvious selection based on their focus on the EAM space, the professionalism of the team, and their history together. In partnership, I am lucky to proclaim an on-budget project while at the same time exceeding their goals and objectives.”
About Convergence Team
Headquartered in Brisbane, Australia, Convergence Team is a leader in Enterprise Asset Management (EAM) solutions throughout the world. By applying recent technologies and commerce strategies with innovation and high-quality professional services, Convergence Team empowers its customers to streamline their operations, lower operating costs, improve asset performance, and generate useful commerce intelligence now and in the future. For more information about Convergence Team, convene +61 7 3087-3411 or visit www.convergenceteam.com.
About Glow Energy
Glow Energy is a member of the Glow Group who is a major energy player in Thailand. Glow Group combined installed capacity is 3,078 MW (Glow’s stake is 2,762 MW) of electricity and 1,206 tons per hour of steam. Glow Group generates and supplies electricity to the Electricity Generating Authority of Thailand (EGAT) under Thailand's SPP (Small Power Producer) and IPP (Independent Power Producer) programs, as well as electricity, steam, industrial water and services to large industrial customers principally located in the Map Ta Phut belt and nearby. GDF SUEZ Energy Asia is Glow Energy’s major shareholder and is portion of the GDF SUEZ Group, one of the largest international industrial and services groups in the world. For more information about GDF SUEZ gratify visit the companies’ website at www.gdfsuez.com. For more information about the Glow Group gratify visit www.glow.co.th.
LA GAUDE, FRANCE--(Marketwire - July 2, 2007) - IBM (NYSE: IBM) today announced that it is establishing a Global headquarters of Excellence for Nuclear Power in La Gaude, France, to support safe, reliable and efficient electricity generation by energy companies worldwide.
The recent headquarters extends IBM's on-going toil with leading nuclear power companies to support improved design, construction, safety and operation of power plants based on IBM software, hardware, consulting, and services industry offerings. These involve IT systems design and architecture consulting, high performance computing, advanced simulation/modeling capabilities, plus Enterprise Asset Management and Plant Lifecycle Management solutions aimed at both the extension of existing nuclear power plant life, as well as streamlining recent plant construction.
IBM has extensive undergo in consulting and design of IT systems for the nuclear industry in France, where 80 per cent of energy is generated by nuclear power. The company strengthened its commitment and acumen in the nuclear power industry with two key acquisitions in October 2006: MRO Software and FileNet. Through establishment of the recent headquarters of Excellence, IBM will extend access to this expertise to clients worldwide as energy companies develop roadmaps based on nuclear power generation.
"France possesses world-class expertise in the belt of nuclear power," said Frederic Bauchot, Lead Architect, IBM headquarters of Excellence for Nuclear Power. "Establishment of the headquarters enables IBM to utilize not only local IBM talent and undergo in nuclear systems design and implementation, but likewise advanced skills of a leading nuclear power market.
"This initiative reinforces IBM's globally integrated enterprise strategy -- drawing on local specialist skills and information to serve clients across the globe. This is very timely, as policy makers in Europe, Asia and the U.S. are examining ways to constrain carbon emissions while at the same time diversify their respective energy portfolios."
Based in the IBM Industry Solutions headquarters in La Gaude, France, the Global headquarters of Excellence for Nuclear Power will likewise capitalize on IBM competencies established in the deployment and modeling of nuclear tackle in nearby Cadarache, site of the International Thermo Nuclear Experimental Reactor (ITER) fusion project. The recent headquarters joins IBM's global network of Centers and research labs focused on the Energy & Utilities Industry. These involve IBM Industry Solution Centers in Dallas, Texas, USA; Tokyo, Japan and Beijing, China, as well as the IBM Austin Research Lab in Austin, Texas, USA.
"Today, there are more than 30 countries worldwide operating nuclear reactors for electricity generation. In these countries, nuclear power plant license extensions and recent plant construction are driving the exigency for sophisticated risk modeling and information tools that ensure safe and reliable operations," said Guido Bartels, universal Manager, IBM Global Energy and Utilities Industry. "IBM is uniquely qualified to attend the nuclear power industry meet these needs. This headquarters is consistent with their long-term strategic vision that a diverse energy portfolio -- including nuclear power, and renewable energy -- as well as more efficient fossil generation, and a smart grid are the key to meeting growing global energy claim while protecting the environment."
The headquarters will support nuclear power operators' successful implementation of innovative IT systems; define and share best practice commerce processes for safety, reliability, compliance and efficiency; provide tools and consulting methodologies that enable effective commerce and IT alignment; ensure a robust IT infrastructure and architecture to support deployment of strategic enterprise applications; and serve as a demonstration headquarters for joint IBM and industry ally solutions.
The headquarters of Excellence for Nuclear Power will host a portfolio of IBM and Independent Software Vendors' applications that are targeted to the nuclear power industry, as well as support the IBM Maximo Asset Management Solution. Maximo is one of the core applications used by nuclear power operators to attend manage captious operational and IT assets throughout their life cycle. The headquarters will exist closely connected to Maximo progress labs in the U.S. and Brazil to attend customers worldwide successfully implement the Maximo Nuclear Solution.
Today's announcement follows on IBM's recent $10 million investment program at IBM La Gaude. Establishing a recent La Gaude Industry Solution headquarters that recreates real-life client scenarios across a number of industries, the newly-designed 10,000 sq ft (930 sq m) facility successfully connects industry-specific trends with advanced technologies and technical solutions, leveraging technical and commerce integration from across the company.
Currently featuring retail, consumer products, pharmaceuticals, healthcare, insurance and telecommunications simulations, the 'hands on' approach employed at La Gaude allows clients and IBM specialists to collaborate and toil together to design and develop solutions that address clients' commerce challenges.
IBM La Gaude likewise hosts industry specialists applying Service Oriented Architecture (SOA) principles and other technologies to deliver value to customers. SOA allows companies of complete sizes to reuse their existing investments in software and hardware, so that their businesses are flee more efficiently, flexibly and securely. The recent headquarters of Excellence builds upon this approach.
In addition, the headquarters of Excellence for Nuclear Power will forge strategic relationships with other industrial partners of the nuclear power industry, as well as industry regulators. The IBM Nuclear Advisory Council will provide governance for the recent headquarters of Excellence.
For more information about IBM, gratify visit www.ibm.com/energyandutilities
Notes to Editors:
Members of the IBM Nuclear Advisory Council involve representatives from DTE Energy, Southern Company, Constellation Energy, as well as Michael Golay, Professor of Nuclear Engineering, Massachusetts Institute of Technology (MIT); Rick Machon, Founder of Machon & Associates and former Site Vice President and Nuclear Chief Operating Officer, Tennessee Valley Authority; and Craven Crowell, Managing Director of Mercer Management Consulting's Nuclear practice and former Chairman of Tennessee Valley Authority.
According to the Nuclear Energy Institute (NEI), nuclear power may relent the lowest impact on the environment of any energy source, because it does not emit carbon dioxide, nitrous oxide, sulphur oxide, mercury, or particulates. Nuclear power likewise has the lowest fuel-cost-per-generated-megawatt-hour. However, many challenges soundless exist in managing a nuclear power station, ranging from fuel lifecycle management and life extension of nuclear power plants, to maintenance and toil optimization, to executing reliability programs. To address these challenges, nuclear power companies exigency to apply innovative thinking, coupled with advanced technology, to develop arrogate solutions.
IBM strengthened its commitment to and expertise in the nuclear power industry with two key acquisitions in October 2006:
-- MRO Software, the leading provider of asset and service management
solutions -- October 5, 2006
-- FileNet, a leading provider of commerce process and content management
solutions -- October 12, 2006
Since 2003, MRO Software has been working with the Nuclear Energy Institute (NEI), customers, progress partners and the MRO Software Nuclear Advisory Council. These collaborative relationships led to the introduction of Maximo Nuclear, an SOA-based application which was developed with the deep functionality required to support key processes in the touchstone Nuclear Performance Model (SNPM).
FileNet has a content management system with advanced workflow which is used for the extensive documentation processes in the nuclear power industry by a range of utility companies. The U.S. Nuclear Regulatory Commission's public information system, ADAMS, is powered by FileNet.
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Computer Security: Principles and Practice By William Stallings, Lawrie Brown Publisher : Pearson (Aug 2017) ISBN10 : 0134794109 ISBN13 : 9780134794105 Our ISBN10 : 1292220619 Our ISBN13 : 9781292220611 Subject : Computer Science & Technology
Urban Economics By Arthur O’Sullivan Publisher : McGraw-Hill (Jan 2018) ISBN10 : 126046542X ISBN13 : 9781260465426 Our ISBN10 : 1260084493 Our ISBN13 : 9781260084498 Subject : Business & Economics
Urban Economics By Arthur O’Sullivan Publisher : McGraw-Hill (Jan 2018) ISBN10 : 0078021782 ISBN13 : 9780078021787 Our ISBN10 : 1260084493 Our ISBN13 : 9781260084498 Subject : Business & Economics
Understanding Business By William G Nickels, James McHugh, Susan McHugh Publisher : McGraw-Hill (Feb 2018) ISBN10 : 126021110X ISBN13 : 9781260211108 Our ISBN10 : 126009233X Our ISBN13 : 9781260092332 Subject : Business & Economics
Understanding Business By William Nickels, James McHugh, Susan McHugh Publisher : McGraw-Hill (May 2018) ISBN10 : 1260682137 ISBN13 : 9781260682137 Our ISBN10 : 126009233X Our ISBN13 : 9781260092332 Subject : Business & Economics
Understanding Business By William Nickels, James McHugh, Susan McHugh Publisher : McGraw-Hill (Jan 2018) ISBN10 : 1260277143 ISBN13 : 9781260277142 Our ISBN10 : 126009233X Our ISBN13 : 9781260092332 Subject : Business & Economics
Understanding Business By William Nickels, James McHugh, Susan McHugh Publisher : McGraw-Hill (Jan 2018) ISBN10 : 1259929434 ISBN13 : 9781259929434 Our ISBN10 : 126009233X Our ISBN13 : 9781260092332 Subject : Business & Economics
000-005 By Peter W. Cardon Publisher : McGraw-Hill (Jan 2017) ISBN10 : 1260128474 ISBN13 : 9781260128475 Our ISBN10 : 1259921883 Our ISBN13 : 9781259921889 Subject : Business & Economics, Communication & Media
000-005 By Peter Cardon Publisher : McGraw-Hill (Feb 2017) ISBN10 : 1260147150 ISBN13 : 9781260147155 Our ISBN10 : 1259921883 Our ISBN13 : 9781259921889 Subject : Business & Economics, Communication & Media