TCS Transport Asset Management offering
Intelligent asset management for urban transport
Industry
Travel and Logistics
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Highlights
- Urban transport organizations require effective management of a complex portfolio of multi-disciplinary assets to achieve business goals and improve customer experience.
- TCS’ Transport Asset Management offering helps establish a unified enterprise asset management (EAM) foundation using IBM Maximo® for streamlined and intelligent asset management.
- Tailored for the urban transport industry, it enables accelerated adoption with industry-specific features and reference models for complex network infrastructure, civil, and fleet assets.
In this article
Overview
Smarter asset management is a business imperative for urban transport businesses across the globe.
Urban transport organizations need to manage and maintain a complex portfolio of multi-disciplinary assets and adopt maintenance strategies that balance cost, risk, performance, and utilization while ensuring reliability, safety, and regulatory compliance.
One of their key priorities is unifying and standardizing processes while accommodating variations across asset classes and types. They can benefit immensely from artificial intelligence and machine learning given the greater adoption of digitally connected smart assets, as data-driven decisions will play a vital role in embracing mature maintenance strategies like predictive maintenance and reliability centered maintenance. Implementing geographic information systems and mobility systems can improve asset productivity by facilitating contextual and collaborative operations.
To address these priorities, organizations are moving away from multiple, siloed asset management systems to comprehensive and integrated enterprise asset management (EAM) and asset performance management (APM) platforms that can be leveraged across the asset life cycle.
By leveraging decades of asset management experience in the transport industry, TCS Transport Asset Management provides a comprehensive and integrated package of capabilities for management of urban transport assets. The offering is based on the IBM Maximo® suite to enable next-generation asset management and monitoring, with intelligent predictive maintenance capabilities.
Challenge
Urban transport organizations’ operations and services are highly asset-centric.
They require effective management of assets for better business outcomes and customer experience. Effective asset management and asset performance are key business differentiators and have a direct impact on operations, the ability to meet customer commitments, obtaining federal funding, and the bottom line. Maintaining a complex portfolio of spatially spread infrastructure assets, continuously on-the-move fleet, and civil and fixed structural assets, is a big challenge. It is becoming increasingly complex due to aging infrastructure and fleet, increasing demand, and budget constraints.
Urban transport organizations need integrated EAM systems to manage and maintain a complex portfolio of multi-disciplinary and interlinked assets. Siloed EAM systems fail to provide comprehensive awareness of the state of assets through their life cycle. This limits the ability of stakeholders to collaborate and ensure regulatory compliance.
Organizations need to effectively leverage data from connected assets to improve monitoring and management and adopt optimized maintenance strategies to improve asset performance and reduce asset downtime and maintenance costs.
Solution
TCS’ Transport Asset Management offering enables urban transport organizations to establish a unified EAM foundation.
The offering uses IBM Maximo® asset management platform with industry-specific add-ons and accelerators. It offers the following capabilities:
- End-to-end integrated capability to manage and monitor transport assets, schedules, resources, processes, and inventories along with financial and performance analytics capabilities
- Comprehensive data dictionary of industry-specific attributes, associated meta data, and domain values for data standardization
- Industry-specific asset classifications, specifications, meters, and characteristics for ease of identification, grouping, and reporting
- Network, location, asset hierarchy, and linear reference models for identifying linear and discreet assets within a transport network and for better organization of assets, search, reporting, and analysis
- Tailored linear specifications and features, dynamic segmentation, asset relationships, and dynamic meters to cater to unique requirements of linear assets
- Asset configuration templates and reference models for configuration managed assets like trainset and train cars with deep functional and physical component hierarchies
- Ease of integration with geographic information system (GIS) platform to bring geospatial data and capabilities for understanding and analyzing assets and work in geospatial context
- Enables data-driven remote asset monitoring and analytics to build conditional and predictive maintenance capabilities using artificial intelligence
Benefits
TCS Transport Asset Management offering leveraging IBM Maximo® suite enables simple and efficient management of complex transport assets.
The offering provides the following benefits:
- Comprehensive visibility into complex landscape of multi-disciplinary transport assets through a single, unified offering
- Facilitates accelerated adoption using industry-specific features and add-ons tailored for urban transport assets
- Risk minimization with guided implementations using transport-specific industry knowledge
- Increased productivity through user-friendly tools and features, enabling easy and efficient management of complex assets
- Improvement in configuration and compliance management
- Simplified integration with geospatial, enterprise resource planning, and asset performance management applications
- End-to-end capabilities for management, health monitoring, visual inspection, and advanced analytics to drive digital innovation in enterprise asset management