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A2010-570 exam Dumps Source : Assessment: IBM Maximo Asset Management V7.5 Implementation
Test Code : A2010-570
Test title : Assessment: IBM Maximo Asset Management V7.5 Implementation
Vendor title : IBM
: 207 real Questions
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IBM Assessment: IBM Maximo Asset
these days, IBM Watson is adage Important collaborations with a number of trade companions to enrich employee defense in hazardous environments. the brand novel offerings leverage information superhighway of things (IoT) technology at the side of IBM’s latest Maximo enterprise asset administration platform.
The enterprise is working with Garmin fitness, Guardhat, Mitsufuji and SmartCone to employ advanced records assortment and synthetic intelligence (AI) applied sciences to power giant advances in monitoring and assessing the safety and health of employees in hazardous ecosystem. “It’s within the context of an immense focal point enviornment for us, to multiply employee safety using IoT information and AI,” pointed out Kareem Yusuf, PhD, prevalent supervisor of IBM Watson IoT.
in the past, the business’s focal point with Maximo has been on administration of physical belongings. “we've a long history in machine renovation and reliability administration,” Yusuf pointed out. “It’s been round three asset classes – industrial machine, structures and facilities, and automobiles. The focus so far was to pressure maintenance and toil approaches round them, for advancements like predictive protection.”
With the novel partnerships, the identical shape of focal point will target the neatly-being of worker's. The Maximo employee Insights platform will acquire information from the workspace and from the workers themselves to monitor such potential hazards as heat, peak, temperature, and fuel levels, and to determine no matter if workers are exposed to risks or hazards. “It enables their customers to define toil zones and install alerts,” said Yusuf. “they can monitor what matters and link lower back to their Maximo tool.”
With Garmin, a longtime chief in wearable technology, the partnership permits clients to congregate “close-time” sensor facts (gathered and assessed in mere seconds) from people equipped with Garmin activity trackers. With the Garmin health companion SDK data collection implement embedded within the Maximo employee Insights platform, groups can absorb immediate signals of health emergencies or “man-down” situations, and might additionally build historical analytics in accordance with longer-term biometric facts.
Garmin vivosmart 4Image courtesy Garmin
Guardhat, in the meantime, is integrating its smart own shielding device (PPE) wearables with the IBM platform. Their KYRA IoT software gathers records from their IoT instrumented complicated hat, monitoring actual situations to realize and warn of surrounding dangers, and additionally offers conversation capabilities with precise-time video and audio. The statistics and analytical aggregate gives for far flung directional counsel and geolocation, in addition to energetic monitoring and warning of poignant protest risks.
Guardhat - this is no general hardhatImage courtesy Guardhat
in the third collaboration, IBM Watson will track IoT sensor facts from the novel wearable “shirt,” named hamon, these days launched by means of Mitsufuji. The hamon equipment, crafted from conductive silver fibers, at once collects the wearer’s actual records equivalent to coronary heart rate and temperature, whereas moreover monitoring surrounding environmental situations, including uproar and gas tiers and air temperature. The Maximo worker Insights platform can then dissect the statistics and deliver alerts and alarms for hobbies events akin to breaks and job rotations, or for emergency conditions that could lead to injury or ailment.
hamon - the tremendously connective AGposs fiber collects biometric records from the wearerImage courtesy Mitsufuji
The SmartCone software is built round that enterprise’s IoT-outfitted bendy network of region sensors, which can be mounted or integrated in to moveable site visitors cone configurations. The sensors monitor hazards in the marked zones, and acquire visual information from cameras and other sensor information similar to temperature and noise. The company’s facts assortment and manipulation algorithms integrates with Maximo employee Insights to deliver ongoing indications of environmental situations, as well as signals within the suffer of an accident or damage.
The SmartCone can be dropped in many "skins" to consist of a typical security cone, then placed anywhere you exigency it - its modular system allows for for a big number of sensors (360 camera, LED lights and LIDAR pictured above)image through brand Holleron
The agencies absorb foreseen the obvious considerations with the technologies, these involving worker privateness and dignity. “here is in reality an attitude we’ve considered, and we’ve been working closely with their partners to peer what’s accurate of mind,” talked about Yusuf. “And it’s not just the shoppers and laborers themselves, however other key stakeholders, such because the union perspective. What we’ve organize is that when you retain the focus on safety and fitness, the initial insight is that the advantages outweigh the considerations. And in case you maintain very clear lines about who owns the records, and toil collectively transparently, it’s now not a huge problem.”
CEO Jason Lee indicates simply how transportable the SmartCone can bePhoto through brand Holleron
IBM Watson sees more such opportunities on the horizon. “Our future is greater of the same,” Yusuf spoke of. “With IoT and AI, they will drive advanced insights tied to working processes. they can aid lower energy consumption, optimize pile occupancy – that’s the variety of toil we’re focused on, bringing value in the here and now. And with these novel applications, they will champion people operate greater safely.”
Automation is frequently criticized for its potential to liquidate jobs, however it’s additionally been shown to multiply employee safeguard by taking workers out of damage’s method. nowadays’s announcement presents additional advancements in that regard; with on-the-job monitoring of skills risks to health and smartly-being, they’re an extra avenue toward decreasing the thousands and thousands of on-the-job accidents laborers endure each yr. As a secondary improvement, they could multiply agencies’ bottom strains, as these accidents freight tens of billions of dollars yearly as well.
Yusuf sees a closing advantage, in highlighting what IoT advances can present. “this is an instance of true AI at work,” he stated. “I suppose there’s a lot of chatter about AI and its employ and value. We’re going to proceed to toil on the perquisite route to link it to procedures, and to enable individuals to be extra helpful, efficient and advised.”
in response to the facts accessible in S&P international Market Intelligence, IBM (NYSE: IBM) hasn't booked an impairment of goodwill in 29 years -- from 1989 to 2018. tremendous Blue has made 178 acquisitions in that time, spending as a minimum $77 billion in the method.
a lady going for walks via an IBM records seat surrounded through gadget.
image source: IBM.
What's goodwill, you ask? within the easiest terms, it be the extra paid above honest market cost to acquire an asset, always a business. in the case of crimson Hat (NYSE: RHT), IBM is paying $33.8 billion to acquire the business. because pink Hat turned into buying and selling for $20.5 billion in market cap on the time of the deal, it's an excellent guess that IBM might be adding at least $13 billion extra in goodwill and intangible assets to its balance sheet, possible bringing the replete carried to over $50 billion.
The desk below shows why this concerns. since 2015, over 30% of IBM's assets absorb been rolled up in intangibles equivalent to patents, consumer lists, company names, product attractiveness, market share, and so forth.
$one hundred twenty five.four billion
% of total property
information source: S&P world Market Intelligence.
The harmful aspect of goodwill
in the short time period, procuring goodwill is facile to justify. once more, win purple Hat. no longer best is the company a number one issuer of open-supply tools and software, it moreover has the leading brand title in Linux, which is among the world's most used operating methods and basic infrastructure for present day company computing environments. The business additionally has relationships with a massive number of builders, serves colossal, long-term accounts, and produces nigh to $1 billion in extra cash circulate annually. You could reasonably wrangle that IBM is paying a conducive freight for some of the foremost corporations in tech. I learn it extremely not likely that IBM will ever should write down its funding in purple Hat.
If only that mattered.
here's the issue. Public businesses not come by to amortize and retire goodwill as they once did. really, based on accounting specifications, every year administration is required to gape at various the value of its got belongings and assess even if reasonable value has dropped satisfactory to force an "impairment," a write-off to salary equal (roughly) to the extra reasonable value it's been forfeited. each and every time IBM rolls up a brand novel deal, the chances of an impairment of goodwill increases, particularly on the honest value of groups that absorb been received many years in the past and that may additionally now not be valuable to promoting big Blue's items and functions.
up to now, IBM has averted writedowns by route of holding and the employ of the tech or not it's obtained. but if you read the annual document, that could be altering:
in the fourth quarter, the business performed its annual goodwill impairment evaluation. The qualitative evaluation illustrated facts of a potential impairment triggering event as a result of the economic efficiency of the systems reporting unit. The quantitative analysis resulted in no impairment as the reporting unit's estimated honest cost surpassed the carrying volume by over 100 %.
This equal language looks in IBM's annual experiences for 2013, 2014, and 2016. it be at least possible that a component (or all) of the $1.862 billion in goodwill assigned to the systems unit as of Dec. 31, 2017 may be written down within the coming quarters or years. on the very least or not it's a warning signal for the judgement that IBM has not ever suffered a writedown of goodwill and when you deem that it is stockpiling goodwill a lot quicker than salary.
however's basically worse than that. in line with information offered through S&P global Market Intelligence, considering 1990, IBM's income is up 0.fifty two% annualized whereas net earnings is up 1.forty three% annualized, and cash circulate from operations is up 2.fifty eight% annualized. Goodwill and intangibles? Up eight.41% annualized over the selfsame period. investors retaining IBM stock sum the route through that 28-yr duration could be up 338.6%, versus 740.5% for the S&P 500. Even with sum those costly acquisitions, you'll absorb accomplished more desirable with essential indexing than you would absorb buying and preserving IBM inventory.
where this has took Place earlier than
if you are pondering that this evaluation could be a long highway to nowhere, i may admit that you simply may absorb a degree. there isn't any sure strategy to inform even if IBM administration is due for a goodwill writedown. And yet I suppose it's worthwhile spending some time below the hood in instances like these. traders pays a sheer expense when years of accrued goodwill become an anchor too weighty to elevate. accord with what's came about to everyday electric (NYSE: GE). A $10 billion-plus deal for Alstom has gone horribly incorrect in concurrent years, forcing a $23 billion markdown of goodwill late final 12 months.
i would not presuppose to assert IBM is in the selfsame place, however i am assured adequate that huge Blue will shed some goodwill in the next two years that I've shorted the inventory in my CAPS portfolio. So i hope you consequence not personal IBM inventory. but if you do, i'm hoping that i'm wrong.
extra From The Motley fool
Tim Beyers has no position in any of the stocks outlined. The Motley idiot is short shares of IBM. The Motley idiot has a disclosure coverage.
September 27, 2007 13:59 ET
stories cowl energy technology, Transmission and Distribution and Manufacturing
ARMONK, ny--(Marketwire - September 27, 2007) - IBM (NYSE: IBM) nowadays announced that Gartner Inc. has placed IBM's Maximo asset management solution in the leaders quadrant in three of its experiences, together with the "Magic Quadrant for enterprise Asset management for Manufacturing, 2007," "Magic Quadrant for business Asset administration for Transmission and Distribution, 2007," and "Magic Quadrant for power-producing EAM application, 2007.(1)"
Gartner evaluates companies in its Magic Quadrant on "Completeness of vision" and "ability to Execute."
In each and every of the experiences, the analyst company qualifies leaders as having a global presence, a tremendous installed base in each of the areas being evaluated, and "a composite of wealthy elements including: functionality, interfaces to diverse ERP applications and a ready and international implementation colleague neighborhood."
IBM Maximo is a collection of utility items that helps purchasers manage their company property -- including planning, procurement, deployment, monitoring, upkeep and retirement -- via a web-architected platform. With valued clientele in a big number of industries, from packaged goods to weighty manufacturing and oil and gas construction, IBM Maximo is designed to ameliorate production reliability, labor efficiency, material optimization, software license compliance, rent administration, guarantee and service administration and provisioning throughout a company's assets.
"we're extremely completely joyful with Maximo's most concurrent positioning in Gartner's business EAM Magic Quadrant experiences," spoke of Jack young, vice chairman, Maximo building, IBM Tivoli application. "With the seat of attention on selected industries, they confidence these reports spotlight Maximo's skill to fulfill a wide variety of requirements according to their realizing of and dedication to fixing the challenges their customers face. With the resources we've been able to add to their pile and implementations teams, we're assured Maximo will proceed to be a leading solution for a variety EAM markets."
The Gartner stories involve a market description for enterprise Asset management (EAM) options, pointing out, "EAM functionality developed from the CMMS applications that embody toil and substances management for fault restoration, common preventive preservation and repair actions, and from the toil administration applications that catered to reactive, brief time era toil planning coming up from client or failure requirements. An EAM respond contains toil order advent, planned preservation, upkeep background, MRO stock and procurement, in addition to device, component and asset monitoring for machine. In its most-advanced form, the functionality is prolonged by using the addition of fundamental fiscal administration modules, corresponding to accounts payable, freight recording in ledgers, and human resource administration for rostering and talent recording."
For greater counsel on IBM, delight consult with www.ibm.com. additional information on IBM's Maximo will moreover be organize at http://www.maximo.com.
Maximo® is a registered trademark of IBM, Inc.
(1) Magic Quadrant for enterprise Asset management for Manufacturing, 2007.
Dan Miklovic, Kristian Steenstrup
Magic Quadrant for commercial enterprise Asset management for Transmission and
Distribution, 2007. Kristian Steenstrup, Dan Miklovic
Magic Quadrant for vigor-generating EAM software, 2007.
Kristian Steenstrup, Dan Miklovic
The Magic Quadrant is copyrighted 2007, by Gartner Inc. and is reused with permission. Gartner's consent to print its Magic Quadrant should quiet not be deemed to be an endorsement of any enterprise or product depicted in the quadrant. The Magic Quadrant is Gartner's feeling and is an analytical illustration of a industry at and for a specific time duration. It measures carriers in opposition t Gartner-described criteria for a industry. The positioning of providers within a Magic Quadrant is in line with the complicated interaction of many factors. neatly-informed supplier election selections should quiet depend on greater than a Magic Quadrant. Gartner research is suppositious to be one in sum many suggestions sources and the reader may quiet no longer signify solely on the Magic Quadrant for choice-making. Gartner expressly disclaims sum warranties, express or implied of health of this analysis for a specific intention.
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Assessment: IBM Maximo Asset Management V7.5 Implementation
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VA fiscal management system: FLITE delayed
By William Jackson
Dec 02, 2009
The Veterans Affairs department has let the pilot program of a novel asset management system slip by two months, just five months since the agency awarded the contract, according to a novel report by the Government Accountability Office. GAO attributed the problems to inadequate staffing and impoverished program management.
In the report, GAO blamed general Dynamics, the contractor, for falling behind schedule.
The VA awarded the constrict for the Strategic Asset Management system in April to general Dynamics in April. The system is one of two major components of VA's fiscal and Logistics Integrated Technology Enterprise (FLITE), an worry to produce a department-wide integrated fiscal and asset management system. FLITE is one of the programs that the Office of Management and Budget has designated towering risk.
The second component is the Integrated fiscal Accounting System (IFAS). VA awarded a program management constrict for IFAS to Booz-Allen Hamilton in March, and a pilot for that system is scheduled to commence in 2010.
The VA is the second largest federal agency, with 250,000 employees. The Veterans Health Administration operates 154 hospitals, 995 outpatient clinics, 135 community alive centers, 49 residential rehab centers and 232 counseling centers. But it is plagued with inefficient and unstandardized business systems that require repeated manual entries, GAO said.
“VA has for over a decade been pursuing improvements in its business processes and replacement of its existing fiscal and asset management systems with an integrated fiscal management system,” GAO said.
The exigency of an integrated fiscal management system has been recognized as a departmental weakness since 1991, and FLITE is the second attempt to provide one. toil on the earlier proposed Core fiscal and Logistics System began in 1998 and was scheduled to be completed in 2006, but the agency dropped the program in 2004 when pilot projects revealed it would be unable to champion the department’s needs.
Planning for FLITE began in 2005, with replete operational implementation scheduled for 2014 at a cost of $608.7 million. As of September, the VA had spent about $91 million on the program.
The department picked the Maximo Enterprise Asset Management software suite from IBM as FLITE’s Strategic Asset Management (SAM) program, and general Dynamics IT was given the constrict to implement at pilot in Milwaukee. By September, the contractor had not started 11 of 34 tasks, including a security assessment, and was behind schedule on 16 of the remaining 23 tasks, GAO said.
“VA attributed the [delays] to a shortage of FLITE program office human capital resources and impoverished project management by the contractor,” GAO said. According to the program director, the program did not absorb the personnel it needed during the initial months of the SAM pilot project to provide the contractor with the information it needed.
The GAO famous that the department has made improvements in FLITE management, filling some vacant positions. But, “while VA has recently taken steps to address the staffing shortages that absorb substantially contributed to this delay, it has not yet fully established the management capability necessary for FLITE to be successful,” the report said. “The department is faced with significant challenges in implementing FLITE’s pilot systems as planned, while simultaneously working to fully establish program management capabilities.”
The department has agreed with GAO on steps needed to Place FLITE on a more secure footing:
•Improve the reliability of the program cost estimate by ensuring that the estimate includes system operations and maintenance costs and that the estimate is reconciled with the independent cost estimate.
•Improve the reliability of program earned value management reporting by ensuring that contractor earned value management systems comply with industry standards.
•Complete a revised integrated master schedule that includes sum key program activities, including reconciliation of the program cost estimate and implementation of earned value management, and identifies sum resources and dependencies.
•Ensure that sum pertinent and applicable federal fiscal management system requirements are included in FLITE’s requirements and establish and maintain requirements traceability.
•Ensure that sum comments from independent verification and validation reviews are addressed.
William Jackson is a Maryland-based freelance writer.
Mobile application for Maximo operations is the gateway to IoT and Advanced Analytics by capturing the perquisite data at the point of performance and data which is not captured when using desktop version of Maximo. As assets become smarter and as existing business exigency more efficiency it’s natural to gaunt towards mobile platforms for better asset management.
Maximo mobility initiative can succeed or can eddy into a failed project, with time and money lost, and solutions rejected by users. How can one ensure that the Maximo mobility initiative is successful which delivers ROI and originate users happy? Read through these pointers to learn how your Maximo mobile initiative can justify the ROI…
1.Mobility Strategy — Preparation is half victory:
Start off with a sound business case. The mobility strategy adopted should provide a compelling business & cost driven judgement for embracing the mobile journey. Cost benefit analysis, time study etc. in specific business streams (e.g. toil management, Inventory Management), would give a clear picture of what can be achieved in this journey. This will in-turn aid assessing which toil stream takes priority over others. A side wise approach will ensure successful implementation. The strategy should include
Device Strategy –BYOD, lease or purchase
App selection procedure
Mobile Device Management (MDM)
Pilot and Implementation Approach
2.Assessment / Evaluation:
There are many Maximo mobile apps in the market, choosing a perquisite one could be a challenge. Here are a few tips to drive your evaluation through a structured approach. Based on your functional & technical requirements, prepare a circumstantial questionnaire and dispatch it to sum potential vendors. A score card will provide you an objective result.
Here is what most organizations fail to notice — “Hands on Evaluation” — Your vendor should be able to provide a test site where your finish USERS can play around with their product. If it fits their bill, your product selection is most likely to be successful.
Not sum products would provide sum the features you are looking for. A confirmed product road-map is moreover to be considered. If not today, if the feature can be made available in a reasonable time, deem that in your evaluation. You could rescue a lot by this consideration.
Pick the top 3 vendors. Pick the module(s) / functionalities that one wants to implement. Deploy the app in your environment. Load test data & now allow your key finish users to play around for 4–6 weeks. Pseudo piloting will identify problems related to the environment, functionality behavior, user experiences etc.
Evaluate your objectives based on the pilot implementation. Now if one goes back to the drawing board he would exactly know what to modify and how much. Monumental changes consequence not reflect a conducive design. Cosmetic changes are critical because it is a mobile app, they can originate or wreck your actual implementation.
A critical piece in the Mobility journey. Select the device based on the functionality or user. For specimen if one plans to implement the mobile solution for domain technicians for collecting the data, the data collection forms would be more usable on a tablet device than on a mobile. Though rich in features, your app could be easily disregarded, if the device is not conducive enough.
When it comes to devices, organizations either provide company owned devices to users or adopt an employee owned ‘Bring Your Own Device’ (BYOD) policy.
Company owned vs BYOD is one determination that one exigency to win and will depend on the extent of standardization thats looked for.
The following holds conducive for any kind of devices
Environment: The device needs to be sufficiently rugged or must absorb an external protection if the usage is outdoor or in harsh climate.
Battery life: Devices with longer battery life, add-on batteries would be beneficial for domain technicians who don’t absorb regular access to charging points.
Features such as cameras, GPS etc: These are decided by your functionalities and features.
System resources (RAM, Memory, Processor): The device system resources should be sufficient so that it will toil reasonably mercurial and execute well with your apps loaded, else users will come by annoyed and may even reject the solution completely.
A study reveals that 78% of enterprise mobile apps are abandoned after the first use. The biggest contributor to this is usability. No matter how conducive the features and functionality of the app, it won’t succeed unless users actually start using it.
The Important objective of the Maximo mobile implementation is to provide the users with the simple user interface that results in productivity gains through greater flexibility and convenient. The mobile UI should align with indigenous design of the device. This ensures minimal learning curve.
Most of the complicated features/workflows that are available on a Maximo desktop application including the number of clicks has to be minimal on mobile app and has to proffer a seamless user suffer without affecting the productivity of users.
6.Integration with Maximo:
There are multiple ways to integrate the mobile solutions with IBM Maximo. Some requires middleware & DB to hurry mobile apps which means you may absorb to procure additional infrastructure to hurry the mobile app. Some employ the existing infrastructure but you might absorb to multiply the capacity of existing servers (additional JVM/Cluster), if it doesn’t absorb the bandwidth to champion the additional users.
In future, if there are additional business rules or changes in the MBO of your Maximo application, the integration with the mobile should champion the changes in Maximo and there should not be duplication of coding.
Users access rights defined in Maximo should be synchronized in the Mobile app. The integrity of data has to be maintained and it should allow cloned/customized Applications, business logics, workflow and provide as much security as desktop version.
7.Flexibility & Scalability:
Customization must be done easily. It should be able to champion any external devices that is used in your organization. For specimen integrating with RFID scanners for scanning the asset tags.
If the devices are used by multiple users in different shifts, the mobile solution should retain the data of the users who used the selfsame device with different login. Eg. If the devices are used by multiple users and while transferring the device, if the data of the previous user is not synchronized with Maximo then there would be data loss. Multi user champion is very much required.
A scalable Maximo Mobile app should deem various parameters like champion to maximum number of users, Maximo version changes, device diversity, novel operating systems and infrastructural changes.
The mobile application should champion the authentication mechanism that has been followed by your organization as well as authentication mechanism in the road map. This would mitigate the risk of poignant from on-premise to cloud.
Having a two or three layer security is preferable, however, the security controls should be more user friendly and non-intrusive — users should not be asked to retype passwords repeatedly. A single-sign or multi factor authentication most preferred user-friendly security system.
If the Maximo is on Cloud with SoS authentication, check if the authentication mechanism of the cloud is supported by the mobile solution.
Also, it is best to absorb the mobile solution which has the encrypted DB on the devices, it protects data intrusions.
The mobile solution should comply with the IBM’s Maximo licensing model. Maximo 7.6 supports concurrent license model, hence the mobile solution which supports concurrent user model would rescue your bill. moreover check if the Mobile solution provider supports OPEX licensing model which is subscription based, implying pay on the travel and is relative on the number of users the app can champion and the specific time era of access.
Join hands with a colleague who shares the selfsame vision and energy. Partners will absorb a game changing consequence in this journey. Your implementation colleague could be sound in Maximo implementations or upgrades but could tumble flat on mobile app development. They exigency not be experts or experienced in EAM mobile apps, but someone who understands the user’s pulse and purpose. Their depth of domain knowledge, technical know how and passion plays vital role in your mobile journey. employ a similar evaluation criteria that was used for mobile app to select your colleague as well.
Giving import to domain expert will aid to multiply the success rate.
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