IBM Maximo Asset Management software provides asset lifecycle and maintenance management for all asset types on a single platform. It is used to help maximize the value of critical business and IT assets over their lifecycles with workflows by enforcing best practices that yield benefits for all types of assets, including transportation, production, delivery, facilities, communications and IT. Industry-tailored solutions are available for utilities, nuclear power, transportation, government, telecommunications, life sciences, and oil & gas.
MRO Software, the provider of Maximo, was acquired by IBM

IBM

International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

 in August 2006.
The current release, IBM Maximo Asset Management 7.5, is the third release built upon a J2EE Service Oriented Architecture. It is an Enterprise Asset Management

Enterprise Asset Management

Enterprise asset management means the whole life optimal management of the physical assets of an organization to maximize value. It covers such things as the design, construction, commissioning, operations, maintenance and decommissioning/replacement of plant, equipment and facilities...

, Service Management and IT asset management

IT asset management

IT asset management is the set of business practices that join financial, contractual and inventory functions to support life cycle management and strategic decision making for the IT environment...

 suite of applications that are scalable and easily integrated into existing Enterprise Resource Planning

Enterprise resource planning

Enterprise resource planning systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application...

 (ERP) systems.

Maximo is also the basis of Tivoli Process Automation Engine, which is the central part of Tivoli Service Automation Manager

Tivoli Service Automation Manager

Tivoli Service Automation Manager is the Cloud management package from IBM in the Tivoli Software brand. Unofficial abbreviations are TSAM and TivSAM.As the product sheet sells it:...

.