Latest news with #Maximo
Yahoo
6 days ago
- Business
- Yahoo
Carrier, IBM launch AI-driven maintenance upgrades
This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. Carrier and IBM this week each released AI-powered tools that aim to help building operators improve their maintenance operations. Both highlight the ongoing push by vendors to meet demand for data-driven insights and automation that can improve efficiency in the facilities management sector. Almost half of building operators believe that AI could have a significant impact on improving the efficiency of preventive maintenance and scheduling, according to a December report by JLL subsidiary Building Engines, which surveyed 370 commercial real estate professionals in collaboration with Building Owners and Managers Association International. On Wednesday, Carrier announced upgrades to its Abound Insights Assistant app that analyzes equipment performance across building portfolios and provides insights to building owners through the app, including recommendations for over 25 categories of equipment in commercial buildings, including HVAC, refrigeration and controls, the company says. The tool alerts users with detailed information about problems and warnings that can help to schedule a site visit for inspection and complete maintenance, the company said in a release. For example, when there is a suspected refrigerant leak in the chiller, the system can warn there may be a risk of potential compressor damage, allowing technicians to show up prepared, Carrier says. An equipment health dashboard within Carrier Abound also shares information on energy efficiency and potential failures that can be filtered by equipment categories, with users able to prioritize and allocate tasks based on the health of connected systems and skills required for each task. Located within the 'To-Do List' feature, each task for equipment also includes AI-generated repair recommendations and service history, Carrier says. IBM on Wednesday released a new version of its Maximo application suite that the company says is designed to help clients deploy asset lifecycle management in the data and AI era. The software provides capital planning tools and a Generative AI assistant that can help users engage with asset data through natural conversation. The upgrades are meant to enable the proactive maintenance of assets, IBM says. In order to help plan capital allocations for projects , Maximo can also generate and compare multiple scenarios for investment in assets based on business priorities; the Asset Investment Planning tool will provide weighted analysis and multi-objective optimization to balance cost, risk and performance, IBM says. The company also added space management features to help optimize workspace use, lease administration and accounting capabilities. Together, IBM says Maximo now provides a 'comprehensive solution for real estate and facilities management.' Recommended Reading FM Technology Outlook: Will AI lead to efficiency gains in 2025?
Business Insider
7 days ago
- Business
- Business Insider
Why IBM's AI-Driven Maximo App Suite Could Be a Game-Changer for Industrial Maintenance
Tech giant IBM (IBM) recently announced that it is upgrading its Maximo Application Suite by adding advanced AI features that help businesses manage their equipment more efficiently. Indeed, the company said that this AI isn't just a smart assistant, but a new way to automate tasks, improve workflows, and support better decision-making. By making it easier to interact with data and assets, IBM believes Maximo can help teams reduce downtime and achieve better results. Among the key upgrades is condition-based maintenance, which allows AI to use real-time data to tell teams exactly when equipment needs servicing. Confident Investing Starts Here: This is helpful because it eliminates the guesswork of scheduling repairs that might end up being unnecessary. In addition, Maximo's Work Order Intelligence helps by automatically suggesting the right problem codes based on past data, thereby making it easier to spot trends and take action. Interestingly, Maximo can also use historical data and visual inspection tools for faster failure analysis, which means that AI can detect flaws in equipment images without needing complicated training or setups. To show how this works in the real world, IBM gave the example of a supervisor on an offshore oil rig who gets an alert about a risky transformer. Maximo's AI quickly pulls up the equipment's repair history, shows possible failure causes, and suggests next steps. When the technician confirms the damage, the AI updates the system, assigns the right codes, and starts follow-up tasks. IBM says that this kind of instant, AI-powered support will only get better and will help teams respond faster, plan smarter, and stay focused on high-impact work. What Is the Target Price for IBM? Turning to Wall Street, analysts have a Moderate Buy consensus rating on IBM stock based on seven Buys, five Holds, and two Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average IBM price target of $269.46 per share implies 7.7% downside risk.
Tom's Guide
26-06-2025
- Entertainment
- Tom's Guide
New on Apple TV Plus in July 2025 — all the shows and movies to watch
A new month is quickly upon us (how is summer flying by so fast?!), which means that Apple TV Plus (as well as the rest of the best streaming services) will be introducing a whole new selection of films and TV shows to celebrate the beginning of July. This coming month will see the addition of several high-profile titles to Apple TV Plus's already sprawling streaming library, including the third season of ambitious sci-fi saga "Foundation," documentary adventure series "The Wild Ones," and the first Peanuts musical in more than three decades. Elsewhere, you've got the fourth and final installment of the hit bilingual comedy series "Acapulco," which closes out the rags-to-riches story of Maximo (Eugenio Derbez) as he returns to Las Colinas to restore it to its former glory before the grand reopening. You can find more info about all the new Apple TV Plus releases coming your way in July 2025 below. Entering its third season this July, "Foundation" is based on the award-winning novels by Isaac Asimov, a sci-fi epic that chronicles a band of exiles on their monumental journey to save humanity and rebuild civilization and the fall of the Galactic Empire. Led by Emmy-nominated actors Jared Harris, Lee Pace, and star Lou Llobell, the 10-episode new season will pick up 152 years after the events of season 2. Apple's official synopsis reads: "The Foundation has become increasingly established far beyond its humble beginnings while the Cleonic Dynasty's Empire has dwindled. "As both of these galactic powers forge an uneasy alliance, a threat to the entire galaxy appears in the fearsome form of a warlord known as 'The Mule' whose sights are set on ruling the universe by use of physical and military force, as well as mind control. It's anyone's guess who will win, who will lose, who will live and who will die as Hari Seldon, Gaal Dornick, the Cleons and Demerzel play a potentially deadly game of intergalactic chess." Get instant access to breaking news, the hottest reviews, great deals and helpful tips. Watch on Apple TV Plus from July 11 This six-part adventure docuseries sees a dedicated trio of wildlife filmmakers — including expedition leader Aldo Kane, wildlife and camera trap expert Declan Burley and wildlife cinematographer Vianet Djenguet — travel through the world's most remote and unforgiving environments to track and protect critically endangered animals from extinction. All six episodes will premiere globally in one fell swoop, with each installment featuring crafty camerawork and survival skills as the team races to locate, record and protect these elusive creatures before it's too late. Watch on Apple TV Plus from July 11 It's been more than 30 years since audiences have been charmed by a Peanuts musical special, and luckily that wait will end this July with "Snoopy Presents: A Summer Musical," a 40-minute streaming event "about the joy and magic of summer camp and the importance of preserving what you love," per the streamer. "Charlie Brown loves camp and is determined to make his final year special, but Sally, a first-time camper, is nervous and skeptical of the new and unfamiliar place," reads the special's official description. "While everyone settles into camp, Snoopy and Woodstock discover a treasure map that takes them on a wild adventure nearby." Along with the return of those beloved Peanuts characters, the new musical will feature original songs by Emmy Award nominees Jeff Morrow and Ben Folds. Watch on Apple TV Plus from July 18 "In 1984, Maximo Gallardo's dream comes true when he gets the job of a lifetime at Acapulco's hottest resort, Las Colinas, but he soon realizes that working there will be far more complicated than he ever imagined" reads the series descriptor of the acclaimed Apple TV Plus comedy "Acapulco," which will debut the fourth and final chapter on the streamer this July. Led by Emmy and SAG Award-winning star and executive producer Eugenio Derbez, season 4 will see present-day Máximo (Derbez) work tirelessly to restore Las Colinas to its former glory before the grand reopening. Back in 1986, however, young Máximo (Enrique Arrizon) will do whatever it takes to get back on top and secure Las Colinas's future when a competitor claims the number one spot in the annual ranking of the destination's best hotels. Watch on Apple TV Plus from July 23
Yahoo
11-06-2025
- Business
- Yahoo
AES Completes First Phase of Largest Solar-Plus-Storage Project in the United States
Bellefield Project Highlights AES' Track Record of Working with Corporate Customers ARLINGTON, Va., June 11, 2025 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that it has completed construction of the 1,000 MW Bellefield 1 project, under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar and 500 MW of four-hour battery-based energy storage, for a total of 2,000 MW of installed capacity. Once completed, the 2,000 MW Bellefield project is expected to be the largest solar-plus-storage facility in the United States. "Completing the first 1,000 MW of Bellefield demonstrates how rapidly solar and storage can be deployed to meet the growing energy demand of data centers," said Andrés Gluski, AES President and Chief Executive Officer. "Our best-in-class track record of delivering renewables projects on time and on budget is deeply valued by our customers and is one of our key competitive advantages." AES has been consistently recognized by Bloomberg New Energy Finance (BNEF) as a top provider of clean energy to corporations, including technology companies. AES has contractual arrangements with major global hyperscalers for 10.1 GW, including the 2 GW Bellefield project. To accelerate Bellefield's implementation and ensure system reliability, AES utilized Maximo, an AI-enabled robotic system developed by AES to assist construction crews, improving the safety, speed, and accuracy of solar module installation. The 2 GW Bellefield project, located in Kern County, California, will generate equivalent to the annual electricity usage of 467,000 homes, displacing over 1 million metric tons of CO₂ annually, and improving air quality. More than 700 union jobs were created during the construction of Bellefield 1 and approximately 1,000 union jobs are expected to be created at the peak of construction of Bellefield 2, further supporting local businesses. The Company expects to recognize the significant earnings associated with placing Bellefield 1 in service in the second half of this year, as planned. Construction on Bellefield 2 is on track to be completed in 2026. About AES The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we're improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today. For more information, visit Safe Harbor Disclosure This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES' current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our expectations regarding accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as the execution of PPAs, conversion of our backlog and growth investments at normalized investment levels, and rates of return consistent with prior experience. Actual results could differ materially from those projected in our forward-looking statements due to risks, uncertainties and other factors. Important factors that could affect actual results are discussed in AES' filings with the Securities and Exchange Commission (the "SEC"), including, but not limited to, the risks discussed under Item 1A: "Risk Factors" and Item 7: "Management's Discussion & Analysis" in AES' 2024 Annual Report on Form 10-K and in subsequent reports filed with the SEC. Readers are encouraged to read AES' filings to learn more about the risk factors associated with AES' business. AES undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except where required by law. Any Stockholder who desires a copy of the Company's 2024 Annual Report on Form 10-K filed March 11, 2025 with the SEC may obtain a copy (excluding the exhibits thereto) without charge by addressing a request to the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson Boulevard, Arlington, Virginia 22203. Exhibits also may be requested, but a charge equal to the reproduction cost thereof will be made. A copy of the Annual Report on Form 10-K may be obtained by visiting the Company's website at Website Disclosure AES uses its website, including its quarterly updates, as channels of distribution of Company information. The information AES posts through these channels may be deemed material. Accordingly, investors should monitor our website, in addition to following AES' press releases, quarterly SEC filings and public conference calls and webcasts. In addition, you may automatically receive e-mail alerts and other information about AES when you enroll your e-mail address by visiting the "Subscribe to Alerts" page of AES' Investors website. The contents of AES' website, including its quarterly updates, are not, however, incorporated by reference into this release. Press Release Investor Contact: Susan Harcourt 703-682-1204, Media Contact: Katie Lau 571-286-9362, View original content to download multimedia: SOURCE The AES Corporation
Yahoo
21-05-2025
- Business
- Yahoo
Bahwan CyberTek (BCT) Expands AI-First Solutions to the U.S. Market with IBM Technology
BCT will double down on generative AI, automation and data platforms in the US using IBM technology. Bahwan CyberTek's Digital Group, "BCT EXP," will lead the efforts for BCT. SANTA CLARA, Calif., May 21, 2025--(BUSINESS WIRE)--Bahwan CyberTek (BCT), a global leader in digital transformation and AI-first experience solutions, today announced the expansion of its AI-driven solutions into the United States market. Leveraging IBM technologies like watsonx and Maximo, the expansion will focus on generative AI, automation and data platforms, in addition to cloud, EAM and ESG services. Drawing from over 14 years of experience with IBM, BCT's Digital Group, "BCT EXP," will lead the initiative. "We are excited to bring AI solutions to our customers in the United States, empowering workforces to do more with less," said Navin Prasad, EVP, Global Head of Experience at BCT. "As a global leader in AI, IBM's innovation is more valuable than ever. With our expansion in the US, BCT EXP will help customers protect value, drive down costs, and improve the efficacy and governance of their AI initiatives." By harnessing IBM solutions—including watsonx Orchestrate, watsonx Assistant and more—BCT EXP's US expansion will concentrate on the following key areas: AI assistants and databases Automation platforms and B2B integration, including business automation, IT automation and app integration Data fabric and analytics, including governance, integration and business analytics Driving Customer Success Through Innovation BCT's deep commitment to the IBM AI portfolio lies in the value it delivers to customers. Recent customer success stories include a large-scale IBM Maximo implementation for one of the world's largest metros, serving a community of 30 million people and 1 million daily active users. The project streamlined maintenance, procurement, and ERP operations, and created a unified interface for accessing asset information and 3D visualization of the metro infrastructure. It also improved user experience and enabled robust payment tracking, reporting, and data visualization. This successful project is one of many achieved with IBM solutions, as BCT has led the market in the Middle East, India, and the Asia Pacific (APAC) region. Building on its strong foundation, BCT is thrilled to expand its presence in the United States. BCT consistently delivers cutting-edge IBM technology, maintains top-tier customer satisfaction, and demonstrates extensive technical and sales expertise. Empowered by deep domain expertise in retail, manufacturing, consumer packaged goods (CPG), energy, banking, government, healthcare, and oil and gas, BCT is an established provider of IBM solutions across industries. "We are excited to continue to enable business partners like BCT in their acceleration of AI technology for their clients and scaling of their business," said David La Rose, GM, IBM Ecosystem Sell. "Their implementation of IBM's watsonx solutions across a global landscape not only shows their commitment to emerging technologies and innovation, but also their expertise in bringing these opportunities to market." As BCT EXP intensifies its focus on the United States market, it reaffirms its commitment to empowering workforces with AI, driving sustainable innovation, and delivering exceptional experiences to every customer. About Bahwan CyberTek (BCT) The Bahwan CyberTek (BCT) Group is a global provider of digital transformation solutions, specializing in enterprise systems, AI, tech infrastructure, future-fit products, and Internet of Things (IoT). BCT EXP is focused on delivering remarkable digital-phygital experiences. With a proven track record of delivering mission-critical solutions to customers worldwide, the BCT Group empowers organizations to become future-fit in the age of AI and beyond. For more information, visit View source version on Contacts BCT EXP Anjali Rangaswamibctexp@
