Patrick takes asset management to the Max

Patrick Corporation is implementing a new asset management solution across its stevedore operations in a bid to improve its waterfront operations and lower asset maintenance costs.

Patrick Stevedore's deployment of MRO Software's Maximo asset management database was based on the need to integrate the company's maintenance databases with its financial data, system analyst Bruce Boardman said. The company has also upgraded its systems to include PeopleSoft financials-plus solutions for human resource management, payroll and time and labour accounting.

The asset management implementation is being rolled out in stages, with locations in Brisbane and Sydney now live. Melbourne sites are set to go live on October 1, while Fremantle, in WA, is expected to be up and running by the end of the year. Once fully operational, the solution will be maintained at the company's Sydney head office.

David Hackshall, Patrick's IT manager, corporate systems, says Maximo will be a vast improvement on its previous asset management solution, which operated as a stand-alone system at each location.

"Previously, we had some 15 separate databases," he said. "This meant 15 different versions of the truth. When we wanted to run a report, we had to transfer it across the other 14 databases."

While the cost-saving benefits of implementing Maximo have not been divulged, Hackshall says the software has already saved the company money on duplicate transactions and moving data from one system to another. Patrick Stevedore's assets are valued at more than $300 million.

Patrick Stevedores is using version 4.11 of the software, but will eventually migrate to the newer Maximo 5 product suite, released into the market late last year. Maximo 5, which supports J2EE applications, is built on HTML and JavaScript and displays information to users via an Internet browser.

Boardman said Patrick Corporation is also considering implementing the Maximo solution throughout its other operations.

The announcement of the Patrick implementation came as MRO Software officially opened its annual user conference in Sydney this week. As well as focusing on the many areas of strategic asset management, one of the biggest pushes by the company during the event is its expansion into the IT asset management solutions arena.

MRO Software executive vice president worldwide sales, Ted Williams, said while the company's enterprise asset management (EAM) business continued to perform well, MRO is keen to move higher up the IT infrastructure ladder.


"The EAM market is just not growing fast enough," he said. "We have 75 per cent of new business now, and no matter what we do, this isn't going to get bigger.

"We want to move up from the plant floor into IT infrastructure, and move from interacting with engineers and operations level up the IT infrastructure chain," he said.

Williams said MRO Software's acquisition of IT asset solutions firm MainControl in May this year presented the company with the means to grow its physical asset management products into a full-blown solutions suite.

MRO's vice president for global professional services Chet Talley said the new focus would provide the market with a formidable competitor to market leader, Peregrine Systems.

The next big step for the company, Talley said, will be to integrate its product line at the back end to provide a complete range of asset solutions across the same platform.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

More about MainControlMRO SoftwarePatrick StevedoresPeopleSoftPeregrine Systems

Show Comments