IBM Maximo Application Suite vs. NEXGEN Asset Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Maximo Application Suite
Score 8.4 out of 10
N/A
IBM Maximo Application Suite is an enterprise asset management (EAM) platform.N/A
NEXGEN Asset Management
Score 7.0 out of 10
N/A
NEXGEN Asset Management, from the company of the same name in Sacramento, is an asset management software that combines a computer maintenance management system with advanced asset management planning tools. Boasting 25 years of practical asset management program and software implementation experiences, NEXGEN Asset Management is a web-based software that was developed specifically to support a comprehensive asset management program. NEXGEN Asset Management has been implemented globally across…N/A
Pricing
IBM Maximo Application SuiteNEXGEN Asset Management
Editions & Modules
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Offerings
Pricing Offerings
IBM Maximo Application SuiteNEXGEN Asset Management
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup fee$25,000 one-time fee per installation
Additional DetailsWith NEXGEN you have full access to everything our software has to offer. This carries into support, maintenance, and upgrades, which are all included in our annual software fee, giving you direct access to the same staff who implemented your software for years to come—all at no extra charge.
More Pricing Information
Community Pulse
IBM Maximo Application SuiteNEXGEN Asset Management
Best Alternatives
IBM Maximo Application SuiteNEXGEN Asset Management
Small Businesses

No answers on this topic

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Medium-sized Companies
IFS Applications
IFS Applications
Score 8.0 out of 10
IFS Applications
IFS Applications
Score 8.0 out of 10
Enterprises
IFS Applications
IFS Applications
Score 8.0 out of 10
IFS Applications
IFS Applications
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Maximo Application SuiteNEXGEN Asset Management
Likelihood to Recommend
7.7
(0 ratings)
8.1
(0 ratings)
Likelihood to Renew
8.0
(0 ratings)
-
(0 ratings)
Usability
7.9
(0 ratings)
9.1
(0 ratings)
Support Rating
7.2
(0 ratings)
-
(0 ratings)
Implementation Rating
7.3
(0 ratings)
-
(0 ratings)
User Testimonials
IBM Maximo Application SuiteNEXGEN Asset Management
Likelihood to Recommend
I would recommend Maximo to organizations with the patience and budget for long-term returns. It is not an easy platform to learn at first, but if you invest the time, it pays you back tenfold. It is not for people looking for a simple solution; this is a tool built for serious asset management.
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In my opinion, this product was designed for water/wastewater application, and my recommendations would be to other utilities. But, NEXGEN Asset Management has developed versatility in its modules to accommodate multiple industries. NEXGEN University has been a great tool to help me educate end-users with deployment. Also, I have been able to use the knowledge base articles to resolve small issues and educate myself on the functionalities incorporated within the software.
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Pros
  • Extensive asset tracking and management. IBM Maximo is extremely capable of handling all sorts of assets so you can track every detail and part of the lifecycle of an asset inside an organization.
  • Highly customizable. If the broad array of possibilities inside IBM Maximo still isn't suited for your specific application, it is possible to customize it to a very high degree so it can fit the needs of your organization.
  • Preventive maintenance and services. With IBM Maximo, it is possible to schedule all sorts of preventive maintenance for your equipment, maximizing the uptime of your systems and machinery and minimizing unforeseen events.
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  • Preventive maintenance scheduling
  • Vertical asset hierarchies by class and location
  • Allows customization of asset attributes through User Defined Fields
  • Allows multiple editing of work orders, service requests, and inspections to populate commonly used fields quickly.
  • Offers timely and helpful support assistance.
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Cons
  • IBM Control Desk support is not the best, and if it is present, its assistance is minimal.
  • The importance of documentation is something that IBM Control Desk has also slightly ignored, and it facilitates learning.
  • Conservative in integrating with some other extensions or software.
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  • Am currently having issues with getting PM's to generate
  • Customer service is great 75% of the time, but there are more difficult issues on the occasion that it takes me a while to hear back on, and I have to check-in
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Likelihood to Renew
IBM MAS is the leader in the EAM space. They continue to evolve with the newest technology to stay on the forefront of cutting edge asset management. Their continued international growth and market share demonstrate the effectiveness of the product, its ease of use, and the return on investment of new functionalities.
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Usability
The IBM Maximo Application Suite is well known for inventory management solutions. This solution is in use by many corporations but mostly I have seen its use in Ports, defense and aerospace industries. Some of the benefits are 1. asset tracking is amazing 2. Maintenance cost is less 3. Reduced inspection costs 4. Less downtime 5. It allows customization 6 Simplify data management 7. Highly adaptable
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It is super easy to use and very easy to share, the only downside is you need to invest in training people for it just like any other software, I advise using a mix of in-person hands on training and web tools, because the web tools dont seem to be adequate for everyone
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Performance
Depends on DB tuning, Query builds etc
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Support Rating
I have regularly contacted IBM Support to report issues and raise requests for issues we face during project implementations. The response from them has overall been good and to the point, and they get back to us within a day or 2 and guide us through the process of fixing it or providing an interim fix of the product
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In-Person Training
As expected, good content and instructions
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Implementation Rating
Implementation of IBM MAS as a service provider has been easy. The functionality in the OEM space has been the best of its class with all related modules and application subject to maintenance
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Alternatives Considered
SAP Plant Manager. We’re working a lot in critical infrastructure, so in Europe it’s not allowed by law to put asset data in the cloud, especially when it’s connected to geolocation. SAP is moving to the cloud, and IT is a cloud-only solution. So that’s the advantage of Maximo, and that’s why we’re sticking with it.
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Nexgen is much more widely use and required less upfront investment in training. it was also less costly than Upkeep. The marketing was about the same for both, but it seemed like a simple decision as one of our key people had used nexgen previously and had good things to say about it
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Scalability
Cognos on its own is a great BI tool, but integration with Maximo is complex and could be better
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Return on Investment
  • A Significant improvement in Tracking and Managing Assets with a History of PM Work Orders, Asset transfers, and maintenance costs linked to procurement and inventory usage
  • Record accurate labor work hours with proper people management while not missing any schedules and appointments
  • With the Cost Management and Budgeting application, it has allowed budget controllers to make timely and proper decisions in preparing budgets, booking costs, track commitments and over commitments, and make deliverable forecasts
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  • Decrease travel time by reviewing groups of work orders for scheduling multiple jobs at one location.
  • Improved work order completion rate by giving us an effective work status review tool.
  • Improved communication between all parties by having updated information in one location (on the work order).
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ScreenShots

NEXGEN Asset Management Screenshots

Screenshot of The NEXGEN CMMS is a versatile software features the advanced technology to conquer the most difficult challenges and day-to-day tasks.Screenshot of Asset Management Intelligence - Used to proactively monitor and maintain aging equipment and deteriorating infrastructures in real-time, allocate CIP resources, ensure regulatory compliance, and mitigate risk with advanced predictive analytics.Screenshot of Esri ArcGIS & Vertical Assets Centric - As Esri development partners, NEXGEN's dynamic spatial capabilities come to life with tools that are built directly into NEXGEN’s proprietary GIS viewer.  NEXGEN was specifically designed with the ability to manage both horizontal and vertical assets in one system.Screenshot of Modern & Intuitive Mobile Solutions - NEXGEN mobile technology provides iOS and Android apps to perform a range of tasks with access the entire asset database in real-time, or offline in those hard-to-reach spaces.