IBM Brings AI and Advanced Analytics to the Industrial World

IBM (NYSE: IBM) today announced a new portfolio of Internet of Things (IoT) solutions that team artificial intelligence (AI) and advanced analytics to help asset intensive organizations, such as the Metropolitan Atlanta Rapid Transit Authority (MARTA), to improve maintenance strategies. The solution is designed to help organizations to lower costs and reduce the risk of failure from physical assets such as vehicles, manufacturing robots, turbines, mining equipment, elevators, and electrical transformers. IBM Maximo Asset Performance Management (APM) solutions collect data from physical assets in near real-time and provide insights on current operating conditions, predict potential issues, identify problems and offer repair recommendations. Organizations in asset-intensive industries like energy and utilities, chemicals, oil and gas, manufacturing, and transportation, can have thousands of assets that are critical to operations. These assets are increasingly producing enormous amounts of data on their operating conditions.