Competitor Article

IBM Maximo Alternative

IBM Maximo Alternative

Choosing the right computerized maintenance management system (CMMS) for your business can be difficult, with many options available in the market today.

One of the key players is IBM Maximo, an integrated cloud-based platform that uses artificial intelligence (AI), Internet of Things (IoT), and analytics.

Since they have been in the market for so long, users tend to overlook IBM competitors and alternatives.

Enter Facilio.

Facilio’s hardware-agnostic IoT-edge platform helps you leverage data from existing automation systems and completely unify operations & maintenance (O&M).

It helps all the property stakeholders plan, organize and seamlessly perform core enterprise functions, which makes it one of the best IBM Maximo alternatives.

But first, what is it?

What is Facilio?

Facilio is a dynamic solution that helps with the real-time upkeep of facilities management.

What makes it one of the best IBM alternatives?

It is a Software-as-a-Service (SaaS) application that helps connect people, processes, and systems to service O&M needs from end to end.

Apart from this, Facilio also integrates with building management systems (BMS), customer relationship management (CRM) software, and enterprise resource planning (ERP) systems.

It is one of the key IBM Maximo alternatives that unifies different modules from its product suites, such as asset, energy, maintenance, and tenant management, providing a seamless experience for a facility manager.

Key features available on Facilio's asset management solution are

  • Asset performance management
  • Maintenance management system
  • Remote monitoring
  • Asset and inventory procurement
  • Fleet management
  • Field service management
  • Inventory management
  • Work order management
  • Preventive maintenance
  • Spare parts tracking
  • Team members and management
  • Construction project management
  • Service-level agreements (SLAs) and user permissions
  • Mobile app (iOS and Android)
  • Asset lifecycle management
  • Asset tracking
  • Customer database
  • Energy management
  • Asset management

The number of essential features makes Facilio one of the leading IBM Maximo competitors.

Don't take our word for it.

Schedule a demo and learn how Facilio is the best option for your business.

Facilio suite: what does it offer?

The applications within Facilio serve specific functions. Here are the modules within Facilio's Suite:

  1. Asset management: This module allows you to perform all asset management activities, from adding new assets to tagging them for easy identification. You can monitor asset performance, track breakdowns and malfunctions, knowledge base, and more
  2. Maintenance: Perform reactive, planned, and predictive maintenance (through AI) and automate tasks
  3. Sustainability: Monitor & analyze energy information and data to reach sustainability goals to make informed decisions
  4. Diagnostics: Configure and trigger alarms in your facility and manage your fault detection and diagnostics (FDD) from end to end
  5. Connected buildings: Have your entire portfolio information in a single place, manage tenant satisfaction, automate the portfolio, and reduce utility consumption

Facilio: pricing

Facilio is designed to improve operational efficiency. Facilio's pricing plans are custom-made, keeping the needs of different industries and companies in mind.

You can reach out today, and the team will get back to you with a plan that perfectly suits your business.

Facilio industries

Facilio serves the following industries:

CRE

Using Facilio, CRE companies can improve tenant experiences, manage vendors more efficiently, maximize space utilization, and reduce costs and labor costs.

Retail

Facilio helps improve customer experiences, achieve carbon net zero, improve vendor and staff management, and support store portfolio expansions in the retail industry.

Healthcare

In the healthcare industry, Facilio helps stick to compliances, aids in patient comfort, boosts vendor management, improves staff and asset mobility, and helps utilize space and assets.

Energy and utilities

Facilio allows companies in the energy and utilities industry to handle the transportation and distribution of crucial resources.

Public

Facilio's IoT and AI-based solution helps public sector companies maintain and transform legacy solutions. The system allows you to manage assets, gain insights into performance, improve safety, and make informed decisions.

Airline

Facilio helps the airline industry with real-time building management, get actionable insights, and experience more intelligent facilities through automation.

Telecom

Facilio makes it easy for people in the telecom industry for monthly savings, expense summaries, and budget allocation. Facilio's configurable reports and dashboards provide complete visibility into the entire bill cycle.

Oil and gas

Facilio helps with asset performance and management for companies based in the oil and gas industry. Using Facilio's IoT and AI-driven solution, you can improve asset lifecycles, identify and fix problems before they arise, improve fault detection and diagnostics, and improve field technician accessibility.

Manufacturing

You can reduce asset downtime, prevent failures, get predictive maintenance, perform inspections on time, and quickly fix issues before they become significant with Facilio.

Travel and transport

Facilio helps companies across the travel and transportation industry, including airports, regulate HVAC (heating, ventilation, and air conditioning) temperatures, control air through AHU (air handling unit), and optimize commonly used areas.

Facilio vs. IBM Maximo: a detailed feature comparison table

CRITERIA Facilio IBM Maximo
GetApp rating 4.2/5 4.2/5
Value for money 4/5 3.5/5
Ease of use 4.5/5 3.5/5
Support quality 4.5/5 3.5/5
IoT Edge Platform Yes No
API Yes No
Activity dashboard Yes No
Compliance Management Yes No
Contract/License Management Yes No
Corrective and Preventive Actions (CAPA) Yes No
Customizable Reports Yes No
Dispatch Management Yes No
Drag & Drop Yes No
Customer support Yes Yes (paid)
Knowledge base Yes No
Video tutorials Yes No
Note: Some information in the table above is sourced from GetApp, and they are accurate as of September 2022.

Want to learn more?

Schedule a demo now and learn what Facilio can do for your business.

What is IBM Maximo?

IBM Maximo is an integrated cloud-based platform that leverages artificial intelligence (AI), the internet of things (IoT), and deep analytics.

IBM Maximo application suite: what does it offer?

The IBM Maximo suite provides the following applications:

Maximo Manage: It is a CMMS platform that helps reduce downtimes and costs through asset management and maintenance optimization. This helps improve operations and operational performance. You also get insights into all your assets and conditions by unifying asset lifecycle and maintenance management.

Maximo Monitor: Maximo monitor helps collect data from your systems to detect anomalies and improve asset availability through AI-powered monitoring.

Maximo Visual Inspection: This module can remotely inspect all your plants in different locations.

Maximo Health Manage: This application helps you view asset availability and plan for replacements if required.

Maximo Predict: Perform predictive maintenance with this application through machine learning and data analytics that helps reduce costs and prevent asset failure.

Maximo Mobile Manage: This application provides a single platform to find asset history and operational data anywhere, even in obscure online or offline locations.

IBM Maximo pricing

IBM Maximo offers three plans, depending on whether you want a cloud-based, on-premise, or hybrid solution: Maximo Application Suite, Maximo Application Suite as a Service, and Maximo Application Suite Managed services.

IBM Maximo industries

IBM Maximo is most commonly used in energy and utilities, oil and gas, manufacturing, travel and transportation, and the public sector.

IBM Maximo cons

Here are some pros and cons of IBM Maximo, right from user-friendliness to confusing plans:

What users dislike

  • Hard to implement and update
  • It gets slow with scale
  • Extensive training required
  • Plans are confusing
  • Too many features

IBM Maximo forces you into committing to a long contract.

Also, it does not offer a mobile application.

Instead, you would have to use a partner application to access and manage work orders on the go. It does not integrate well with your existing BMS solution, is expensive, and the time required to customize it is high.

Most importantly, its SLA management is weak and has an ultra-long implementation cycle, making Facilio one of the best IBM Maximo alternatives.

Why choose Facilio over IBM Maximo?

Here are some additional reasons why you should choose Facilio, ranging from innovative features to some issues with data management:

What users like

  • Fast and user-friendly
  • Easy to set up
  • Excellent customer support
  • Workflow automation
  • Flexibility and adaptability
  • Future-proof
  • Cost-effective and high return on investment (ROI)

Facilio helps reduce energy consumption over time, boosts asset performance, helps cut costs, and uses advanced fault detection and diagnostics (FDD) to forecast maintenance needs.

Case in point, a retailer using Facilio reduces energy by 12% after one year of optimization and forecasts savings of over $5 million yearly. Apart from this, they see a boost of 35% in asset performance to improve asset health by reducing downtime and performing scheduled maintenance. With advanced FDD, you can predict failures with 90% accuracy, 4-7 days before it occurs.

Facilio is built on four overlays: system, building, functional, and data.

System overlay: Facilio natively supports building automation system (BAS) functionalities across all portfolios. You can integrate with most building systems and build custom functionalities. Standout features in this overlay are analytics, reporting and dashboards, notifications, rule-based alarm triggers, and workflow automation.

Building overlay: The IoT edge platform with Facilio integrates with building sensors, IoT solutions, building information modeling (BIM), lighting, and fire safety.

Functional overlay: Facilio offers out-of-the-box capabilities for common operations and maintenance (O&M needs) such as energy management, air quality monitoring, tenant billing, and compliance reporting.

Data overlay: It's possible to deploy Facilio as a data lake or a data broker without the modules mentioned above. The flexible platform lets you perform data modeling that adheres to various specifications. It supports the most commonly used data-sharing interfaces (RESTful, OData, and MQTT).

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