Asset-intensive organisations are under growing pressure to improve reliability, reduce costs, and operate more efficiently in an increasingly complex and unpredictable environment. According to an independent IDC Business Value study (May 2024), organisations using Maximo achieve significant financial, operational, and productivity benefits by transforming asset management from a reactive model to a predictive, data-driven approach.
IDC found that organisations using Maximo realise average annual benefits of $13.9 million per organisation, equivalent to $2.9 million per 50 maintenance workers. Over five years, these benefits translate into a 522% return on investment (ROI) with a payback period of just 11 months, demonstrating rapid time to value and strong long-term returns.
The IDC Business Value study quantifies the impact of Maximo across financial, operational, and productivity dimensions.
$13.9M average annual benefits per organisation; 522% five-year ROI; 11-month payback. $2.9M benefit per 50 maintenance workers.
47% fewer unplanned downtime events; 52% faster resolution; 57% improvement in MTTR; 18% improvement in OEE; 17% increase in asset lifespan.
40% increase in asset management team productivity; 26% in technician productivity; 21% in compliance; 17% in IT platform management.
6.3% reduction in equipment costs; $6.9M annual equipment cost savings; $243K annual asset management cost avoidance.
$18.9M additional annual gross revenue per organisation; $2.8M net revenue enabled by improved execution and decision-making.
IDC concludes that Maximo delivers strong, measurable business value for asset-intensive organisations seeking faster ROI and sustained operational excellence.
IDC concludes that Maximo delivers strong, measurable business value by enabling predictive asset management, improving workforce productivity, reducing downtime, and lowering asset lifecycle costs. For asset-intensive organisations seeking faster ROI, improved resilience, and sustained operational excellence, Maximo is a proven platform for driving both immediate and long-term business outcomes.