COSOL News & Insights

Organisations today face mounting pressures to transform their asset management strategies. The future lies in a fully integrated digital ecosystem, leveraging AI, machine learning, and data-driven technologies to enable predictive and prescriptive maintenance. To achieve this advanced maturity, businesses need scalable solutions that not only support their current operations but also provide a clear path to enhance their asset management capabilities.

With MRO inventory values often reaching from fifty to hundreds of million dollars and growing year on year, organisations face many challenges managing their MRO inventory, including understanding the true value of their inventory and identifying the potential cost savings that can be achieved through efficient inventory management. In this article, we look at how organisations can identify the potential of inventory optimisation.

The best ERP systems are only as good as the data they hold, and unfortunately there are so many businesses migrating rubbish data into shiny new systems but ending up with the same result.

In September, COSOL are heading to the largest global mining conference - MINExpo International being held in Las Vegas, USA. This major industry event attracts over 44,000 mining industry professionals and COSOL are looking forward to showing them how they can take their asset management to the next level. Learn more >

With an easing of commodity prices, mining companies are looking for ways to reduce operational costs while maintaining production targets, managing constraints on supply chains and ESG regulatory pressures. In this article we look at 3 simple ways to optimise your mining inventory and reduce operational costs.

This is the first article in our series that unpacks the changes and impacts of leading Geographic Information System (GIS) software provider - Esri's user type and licensing updates which started to come into effect from mid 2024. In this article we look at what is changing and what you can do to best prepare your organisation for the changes.

Today COSOL launched a new Digital Twin viewer for IBM Maximo Application Suite in partnership with Nextspace and digital engineering specialists, DBM Vircon. The viewer provides geospatial BIM viewing and 4D integration and is designed to overcome the scale and complexity limitations of existing IBM MAS plugin viewers. Learn more >

With organisations increasingly aware of the need to balance ESG goals and responsibilities with cost, risk and productivity demands, implementing sustainable MRO inventory management has become as essential mechanism to not only reduce costs or asset downtime but is an effective way to activly reduce greenhouse gas emissions across the value chain. Learn more >

Re-architecting your Enterprise Asset Management (EAM) or Enterprise Resource Planning (ERP) information systems is a critical and complex undertaking - but also high-risk. Learn about how COSOL's technical, functional, and asset-intensive industry expertise will help your organisation transition successfully to the next generation of EAMs or ERPs.

For organisations considering the transition from IBM Maximo 7.6.1.x to Maximo Application Suite, a MAS Readiness Assessment is the critical first step to ensure your organisation has the right licensing, technical and functional requirements in place to ensure a successful upgrade before support for Maximo 7.6.1,x ends in September 2025.

In this third article on upgrading from Maximo 7.6.1.x to IBM Maximo Application Suite, we look at why how organisations can plan their transition to maintain currency of support, achieve optimal licensing with AppPoints, and set strong foundations to take advantage of the advanced capabilities that the Application suite provides after the initial upgrade to Maximo Manage.

In April 2024, COSOL Limited announced the acquisition of Core Asset - an Australian-based asset performance advisory firm that provides data-driven insights and solutions to clients across natural resources, utilities and agribusiness. Core Asset brings to COSOL new capabilities in strategic planning and decision support, asset performance, turnaround, and operational readiness. Learn more >