Utilization of IBM Cognos Analytics with IBM Maximo
Published on 05/16/2024
Written by Giovanna Lopes
Read in 3 minutes
Utilization of IBM Cognos Analytics with IBM Maximo
Enterprise asset management (EAM) has become a central focus for many organizations, offering compliance, risk reduction, increased productivity and security, informed decision-making, operational efficiency, minimized asset downtime, failure prevention, and more. All asset management activities for a results-driven organization can be executed using the IBM Maximo tool.
When utilizing IBM Maximo, it is crucial to complement asset management with data analysis from the organization’s daily operations. The most effective way to perform this analysis is through IBM Cognos Analytics, another IBM tool seamlessly integrated not only with IBM Maximo’s database but also with its overall framework.
IBM Cognos Analytics is a business intelligence performance management tool that integrates reporting, dashboards, and storytelling. It enables real-time, data-driven organizational decision-making related to asset management.
Below is a comparison of the three data presentation formats available in Cognos Analytics:
| Reports | Dashboards | Stories |
|---|---|---|
| Present data in a structured and detailed format, which can be interactive based on the client’s needs. Compared to dashboards, they provide detailed insights into the organization’s metrics, offering up-to-date data at the moment the report is generated. | Present data visually through concise, clear, and functional panels tailored to the organization. Dashboards provide instant performance and metrics insights and are interactive with IBM Maximo. Users can click on dashboard information to view it directly within IBM Maximo. | Offer a narrative visualization of data, presenting a sequence of scenarios based on the organization’s data and timeline. This format is designed for storytelling. |
Cognos supports data processing, analysis, and visualization, offering real-time insights that can be customized. Through dashboard and report customization, users can quickly access a wide range of information, such as efficiency, productivity, downtime, key performance indicators, and other critical data that can be extracted in terms of importance and usability of IBM MAXIMO in the organization.
For example, in the context of maintenance, Cognos dashboards can provide key indicators like Mean Time Between Failures (MTBF), reliability, machine downtime, and correlate them with plant operations, equipment details, service type tags, and team responsibilities. This creates valuable insights for the organization and enhances asset management capabilities using IBM Maximo.
One major advantage of using Cognos as a BI tool is the elimination of the need for data integration limited solely to the database. Cognos integrates seamlessly with IBM Maximo, enabling real-time data checks and deep analysis with just one click between the dashboard/report and the management tool.
Another benefit is Cognos’ artificial intelligence, which creates predictive graphs that are easy to interpret, allowing users to anticipate decisions in critical scenarios, such as scheduling maintenance before an asset fails.
Cognos allows interactive and flexible data exploration for users, supported by its Service-Oriented Architecture (SOA) and advanced featureslike ad hoc reporting (generated according to the organization’s needs) and sophisticated data visualization.
It is worth noting that clients using IBM Maximo & MAS can leverage Cognos Analytics without licensing costs to access all the benefits of data analysis for asset management.
At iT.eam, we have a team of specialists in IBM Cognos Analytics to support various needs, from implementation to customization and ongoing support for this tool.
Written by: Luna Giffoni
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