MRO Software (Nasdaq: MROI), the leading provider of strategic asset management solutions, and Total Resource Management (TRM), an asset management consulting and technology solutions provider, today announced that the Iraq Project and Contracting Office (PCO), formerly named the Coalition Provisional Authority (CPA) Program Management Office (PMO) has purchased additional Maximo licenses and services to be used in the reconstruction and sustainment efforts in Iraq. The secondary agreement was closed in MRO Software’s third fiscal quarter.
As the PCO continues the massive rebuilding project in Iraq, MRO Software’s Maximo has been an integral part of the reconstruction efforts. The initial program award began in January 2004, when the CPA awarded funding for the engineering and deployment of the Iraq Reconstruction Management System. The winning team included Total Resource Management for project management and MRO Software’s Maximo asset management solution. This multi-lingual Iraq Reconstruction Management System manages all resources associated with the rebuilding efforts of electricity, water & wastewater, security and justice, buildings housings & health, telecom and oil & gas.
The license extension reflects the growing scope of the project. There are currently more than 5,000 projects tracked in the Maximo system that TRM is deploying. The system provides a central repository for a range of documents and information including: architectural blueprints, specifications, contract documents and contractual warranties. In addition the system stores procurement information for an inventory of $6.2 billion worth of non-construction materials.
In addition to the purchasing and project management activities, a critical component of the PCO rebuilding effort includes sustainment. This mandate requires all new contractors involved in reconstruction efforts to support full lifecycle asset management. This includes providing documentation, maintenance plans and spare parts inventories for the projects they complete. Providing these deliverables for each project helps to ensure not only that the projects meet current requirements but also helps to ensure that the Iraqi people will have the wherewithal to sustain the new infrastructure well into the future. The Iraq Reconstruction Management System tracks and ensures compliance with all sustainment plans and deliverables.
“We are proud to be playing a role in the critical reconstruction efforts in Iraq,” said Patricia C. Foye, executive vice president marketing and global alliances, at MRO Software. “We are working with TRM to support the PCO to extend Maximo’s accessibility to the contractors and eventually the Iraqi people. The scale and scope of this program is amazing. The system that TRM has developed to deliver this critical project management capability is truly unique.”
“TRM views Maximo as the ideal development platform for a project of this magnitude. It allows our team to successfully deploy Maximo in only months where it otherwise would have taken several years,” said Ray Brisbane, TRM’s president and CEO. “We are extremely pleased to have been selected for such an important role in the PCO efforts.”
About MRO Software, Inc.
MRO Software is the leading provider of strategic asset management solutions. The company’s integrated suite of applications optimizes performance, improves productivity and service levels and enables asset-related sourcing and procurement across the entire spectrum of strategic assets.
The company’s asset management solutions allow customers to manage the complete lifecycle of strategic assets including: planning, procurement, deployment, tracking, maintenance and retirement. Using MRO Software’s solutions customers improve production reliability, labor efficiency, material optimization, software license compliance, lease management, warranty and service management and provisioning across the asset base.
MRO Software (Nasdaq: MROI) is a global company based in Bedford, Mass., with approximately 900 employees, 10,000 customers and more than 260,000 end-users. The company markets its products through a direct sales organization in combination with a network of international distributors. MRO Software has sales offices throughout North America, Europe, Asia/Pacific and Latin America. Additional information on MRO Software can be found at www.mro.com.
Total Resource Management (TRM) delivers consulting and information technology solutions that help organizations improve the management and performance of their enterprise assets (facilities, infrastructure and production). TRM products and services – many based on the industry-leading Maximo software – help organizations reduce the costs associated with planning, building, deploying, operating, maintaining and utilizing their assets. Over the past decade, TRM has supported nearly 200 clients with solutions involving enterprise asset management (EAM) systems design and deployment, requirements development, project planning and execution, business process improvement, systems engineering and integration, software development, data assurance, organizational change management, business case analyses and business performance measurement, resulting in significant improvements to their business operations.
TRM was founded in 1993. Its headquarters are located in Alexandria, VA, and supporting offices are located across the U.S. TRM’s Advanced Technology Centers are located in Virginia, California, Hawaii and Washington. More information is found at www.trmnet.com.
Maximo® is a registered trademark, and MRO Software™ is a trademark of MRO Software, Inc.