Latest Insights

Featured image for “COSOL boosts its asset performance advisory capability”

COSOL boosts its asset performance advisory capability

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 >

Featured image for “Top 5 reasons to upgrade to IBM Maximo Application Suite (MAS)”

Top 5 reasons to upgrade to IBM Maximo Application Suite (MAS)

In this second article in our series about upgrading to IBM Maximo Application Suite and the new AppPoints licensing, we look at the top 5 reasons to upgrade to IBM MAS now, and how starting with a readiness assessment can ensure a smooth transition and upgrade for your organisation.

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Unlocking warranty recoveries

Companies that fully embrace warranty management and develop the necessary processes to maximise warranty recoveries have five key components that contribute to warranty management process excellence. Learn what they are >

Featured image for “COSOL – proud Premier Sponsors of Mainstream Summit 2024”

COSOL – proud Premier Sponsors of Mainstream Summit 2024

As leaders in asset management innovations and solutions that span across the asset management framework, COSOL are proud to announce our Premier Sponsors of the 2024 Mainstream Summit being held in Fremantle, Western Australia on the 20th March. Since 1996, Mainstream has been serving asset-intensive industries with research, information, events, training courses and digital communication solutions that celebrate the successes,

Featured image for “Enhancing Data Quality: The Key to Effective Enterprise Asset Management”

Enhancing Data Quality: The Key to Effective Enterprise Asset Management

Maintaining high data quality within an EAM system is not a trivial task. In this article, we will delve into the significance of data quality in EAM and explore strategies to ensure its integrity, consistency, and usefulness.

Featured image for “Is it time to rethink your enterprise systems?”

Is it time to rethink your enterprise systems?

Planning and executing an EAM/ERP transformation can take time. When the need for change is looming, leaving it to the last minute simply isn’t an option. In this article, we look at some of the drivers for change, weigh the balance of challenge and opportunity, and identify the steps to successful transformation.

Featured image for “2023 holiday message and office hours”

2023 holiday message and office hours

As 2023 draws to a close, we want to take this opportunity to thank our customers, partners and suppliers globally for their continued support of COSOL and their trust in us to provide solutions, innovations and tangible results for their organisation.

Featured image for “The essential first step for SAP ECC to S/4HANA migration”

The essential first step for SAP ECC to S/4HANA migration

In this second of two articles about Enterprise Resource Planning (ERP) system implementation success, we explain why a readiness assessment is an essential first step in any ERP implementation including SAP and migrating from ECC to S/4HANA.

Featured image for “How OnPlan is digitising work management”

How OnPlan is digitising work management

In this article, we speak with Stuart Burckhardt, co-founder and CEO of OnPlan Technologies (now part of the COSOL group) about how the OnPlan digital work management platform is digitising maintenance for industrial workforces and enhancing the capabilities of ERP such as SAP.

Featured image for “Why some ERP system implementations fail”

Why some ERP system implementations fail

In the first of two articles on Enterprise Resource Planning (ERP) system implementation success, we delve into some of the common practices that organisations need to avoid if they want to ensure the success of their new or upgraded ERP.

Featured image for “Join COSOL at Mastering SAP 2023”

Join COSOL at Mastering SAP 2023

COSOL are proud to be Silver Partners of the 2023 Mastering SAP – EAM + Supply Chain & Procurement Conference (Gold Coast, Australia) and contribute to 2 days of brilliant content, speaking sessions and demonstrations. Learn more and view the event agenda >

Featured image for “Grasping the keys to MRO inventory optimisation success”

Grasping the keys to MRO inventory optimisation success

Optimising MRO Inventory is often overlooked, but inefficient practices mean working capital is locked up in materials, and downtime due to stockouts is high. In this article we look at the keys to successful MRO inventory optmisation and the significant benefits it can provide asset-intensive organisations.

Featured image for “COSOL attends the annual MaximoWorld event in Phoenix, Arizona”

COSOL attends the annual MaximoWorld event in Phoenix, Arizona

This year our team saw a strong interest from delegates who wanted to understand how to migrate from Maximo to Maximo Application Suite (MAS) efficiently. Our expert team supported by our strategic partners – InterPro and Projetech also discussed the popular topics of IBM MAS AppPoints, Mobility, Geographic Information Systems (GIS) and Building Information Modelling (BIM) and how these technologies help organisations achieve operational efficiency.

Featured image for “COSOL expands its asset management software and services with the acquisition of AssetOn Group”

COSOL expands its asset management software and services with the acquisition of AssetOn Group

COSOL acquires AssetOn Group – a leading Australian provider of asset management software and services. This acquisition enables COSOL to accelerate the delivery of our end-to-end Asset Management as a Service solutions across the East Coast of Australia. AssetOn’s SaaS products “OnPlan” and “Master Data Services (MDS)” join COSOL’s growing stack of IP solutions.

Featured image for “Transform maintenance operations with Maximo Application Suite and Visualisation”

Transform maintenance operations with Maximo Application Suite and Visualisation

The application of digital engineering disciplines such as BIM to generate value for asset operations and maintenance (O&M) processes extends well beyond visualising what the asset itself looks like. When working with complex three-dimensional assets, BIM allows organisations to graphically plan work packages based on related tasks or their proximity to each other.

Featured image for “The savvy system owners guide to moving to IBM MAS”

The savvy system owners guide to moving to IBM MAS

Working with an experienced and trusted partner, upgrading to IBM Maximo Application Suite needn’t be a traumatic experience. In this article the COSOL’s EAM experts guide savvy system owners on when is the best time to move to IBM MAS, understanding IBM AppPoint licencing and how to prepare of a successful upgrade.

Featured image for “Barriers to BIM in asset operations (and how you can break them down)”

Barriers to BIM in asset operations (and how you can break them down)

The advantages of embracing Building Information Modelling (BIM) in design and construction (D&C) have been well and truly proven. Large infrastructure projects now mandate BIM to be used to centralise data, facilitate communication and promote efficiencies across the early stages of the assets’ lifecycle. But there are barriers to BIM being adopted across the entire asset lifecycle. Learn more about how to break them down.

Featured image for “Turn sustainability ambition into action with Envizi”

Turn sustainability ambition into action with Envizi

Asset-intensive organisations can’t afford to delay taking action on ESG (Environmental, Social and Governance). Not only are they under pressure to reduce waste and emissions by investors and society at large, regulations currently in place – and yet to come – require that they meet strict environmental conditions.

Featured image for “Mobility enhancements improve WH&S compliance for major utility company”

Mobility enhancements improve WH&S compliance for major utility company

EZMaxMobile is COSOL’s preferred mobility tool for Maximo. It integrates seamlessly, allowing field users full access to asset data and functions in online and offline modes without having to duplicate or compromise business rules. We’ve helped utilities, civil infrastructure, transportation and local government go mobile to empower field crews and realise efficiencies in common asset management tasks.

Featured image for “Bridging the asset data gap: The value of BIM for asset managers”

Bridging the asset data gap: The value of BIM for asset managers

Building Information Modelling (BIM) is a digital representation of the physical and functional characteristics of built assets – from bridges and buildings to production plants and processing facilities. It helps design and construction teams aggregate information and work more efficiently on the creation of new assets and infrastructure.

Featured image for “Impacts of the Climate Change Act on Asset-Intensive Organisations”

Impacts of the Climate Change Act on Asset-Intensive Organisations

In 2022, the Climate Change Act officially passed legislation in Australia. Federal and State Governments are now working together to tackle climate change with a common goal. In this article, we look at some of the impacts that this legislation might have on asset intensive industries in Australia in the short and long term.

Featured image for “COSOL’s response to the Apache Commons BCEL security vulnerability CVE (2022-42920)”

COSOL’s response to the Apache Commons BCEL security vulnerability CVE (2022-42920)

IBM has advised of a critical security vulnerability relating to the Apache Commons BCEL used by IBM Maximo Asset Management – version 7.6.1. This vulnerability could allow a remote attacker to bypass security restrictions, caused by an out-of-bounds write flaw in the APIs. By sending a specially-crafted request, an attacker could exploit this vulnerability to gain control over the resulting bytecode.

Featured image for “Supporting the next generation of skilled professionals”

Supporting the next generation of skilled professionals

Now in its third year, the COSOL CDU Engineering Scholarship is delivered in partnership with CDU which is the largest education and training provider and only university in the Northern Territory.

Featured image for “Insights: The Path to Mining Productivity”

Insights: The Path to Mining Productivity

In this excerpt from our latest insights eBook, we look at how mining organisations can increase productivity, reduce costs and achieve digital asset management maturity when they utilise the abundance of asset data available as part of an integrated asset information ecosystem.

Featured image for “COSOL grows Enterprise services, secures beachhead into Western Australian resources sector”

COSOL grows Enterprise services, secures beachhead into Western Australian resources sector

COSOL Limited acquires Work Management Solutions (WMS), an advisory and technical consulting services to the resources and utilities sectors.

Featured image for “How to deliver a successful SAP ECC to SAP S/4HANA migration”

How to deliver a successful SAP ECC to SAP S/4HANA migration

Find out how to ensure a successful SAP ECC to SAP S/4HANA migration. Avoid the most common migration pitfall and start preparing your data now.

Featured image for “The Path to Predictive Maintenance”

The Path to Predictive Maintenance

Brisbane Airport Corporation worked with COSOL on a Proof of Concept project to assess the capability, feasibility and potential use cases of IBM Maximo Application Suite Health, Monitor and Predict as an interim step on the path to predictive maintenance.

Featured image for “Data quality myths and misconceptions”

Data quality myths and misconceptions

A recent Gartner report confirmed that every year, poor data quality costs organisations an average US $12.9 million and highlighted that in addition to the immediate impact on revenue, over the long term, poor quality data increases the complexity of data ecosystems and leads to poor decision making. Despite this, some organisations prioritise technology solutions or systems upgrades that rely heavily on

Featured image for “Hitachi Energy and COSOL partner to upgrade Prony Resources ERP/EAM system on time and on budget”

Hitachi Energy and COSOL partner to upgrade Prony Resources ERP/EAM system on time and on budget

Hitachi Energy and COSOL announced a strategic partnership for the delivery of Professional Services in Asia Pacific in July 2021. Both parties are pleased to celebrate the first major project delivered as part of this partnership to the benefit of Prony Resources.

Featured image for “How to achieve a successful Merger or Acquisition data migration”

How to achieve a successful Merger or Acquisition data migration

Merging data landscapes following a Merger or Acquisition (M&A) is a complex business undertaking. Therefore, it’s essential to understand the impact of the merger on your entire data landscape and systems infrastructure early in the process.

Featured image for “Keeping business improvement on track at MaxiTRANS”

Keeping business improvement on track at MaxiTRANS

One new initiative is introducing an online collaboration ‘whiteboard’ tool as part of our business process improvement methodology. Virtual or remote process mapping has enabled us to continue working closely with our clients despite the disconnect between distributed teams and remote working.

Featured image for “Integrating the Ecosystem: Understanding assets, locations and how to manage them”

Integrating the Ecosystem: Understanding assets, locations and how to manage them

Asset information ecosystem integrations starts by understanding the relationship between assets and locations, then explore how creation, access and maintenance of this data changes over the course of an asset’s life.

Featured image for “COSOL signs multi-year contract with De Beers Group”

COSOL signs multi-year contract with De Beers Group

De Beers is the world’s leading diamond company with expertise in diamond exploration, mining, grading, marketing and retail. It employs more than 20,000 people across the global diamond industry, mostly in the diamond source countries of Botswana, Canada, Namibia and South Africa.

Featured image for “Why power, water and gas utilities need to make the switch to Esri Utility Network”

Why power, water and gas utilities need to make the switch to Esri Utility Network

Esri Utility Network enables deeper understanding, powerful analytics and improved service delivery to end customer for utilities operating and maintaining complex asset networks.

Featured image for “Collaboration critical for local government asset management”

Collaboration critical for local government asset management

It is difficult to envision a future for the delivery of water services in New Zealand that is not fundamentally different to the current status quo. Whether the Three Waters Reform programme successfully navigates the political minefield or not, the solution will start with improved collaboration in asset management.

Featured image for “The three essential steps to successfully integrating GIS in asset management”

The three essential steps to successfully integrating GIS in asset management

Fast access to good location data is more important than ever. COSOL’s experts break down our approach and offer some helpful tips and trends.

Featured image for “Strategic acquisition of leading EAM business to expand COSOL’s data and digital solutions”

Strategic acquisition of leading EAM business to expand COSOL’s data and digital solutions

COSOL Limited is pleased to announce that it has executed an agreement to acquire Clarita Solutions Pty Ltd (Clarita). Headquartered in Brisbane, Clarita is a dynamic digital solutions company with specialist skills in IBM’s Maximo® (a leader in the Gartner Magic Quadrant for EAM software platforms) committed to transforming Enterprise Asset Management (EAM) operations.

Featured image for “Creating a roadmap to asset performance improvement”

Creating a roadmap to asset performance improvement

An asset optimisation roadmap can bridge functional & technical camps to overcome the common barriers to continuous improvement.

Featured image for “COSOL announces its newest partnership agreement with Dassault Systèmes Quintiq”

COSOL announces its newest partnership agreement with Dassault Systèmes Quintiq

COSOL and Quintiq share a common goal to drive efficiencies and deliver quantifiable business improvements for our customers and the finalisation of the partnership secures COSOL’s position as a significant provider of Quintiq resources in Australia.

Featured image for “COSOL lands Long Beach Transit Managed Service contract”

COSOL lands Long Beach Transit Managed Service contract

The scope of works includes providing all levels of Ellipse support for the Finance, Maintenance and Procurement/Materials Departments, in addition to COSOL providing ongoing technical and functional support for the Ellipse application.

Featured image for “WestConnex Achieves Optimal Efficiency with EAMaaS”

WestConnex Achieves Optimal Efficiency with EAMaaS

COSOL helps WestConnex – Australia’s largest transport infrastructure project achieve optimal efficiency through EAMaaS, BIM and rich media integration.

Featured image for “Next-gen digital asset management solutions”

Next-gen digital asset management solutions

VIDEO: Maximo, RedEye and COSOL – engineering drawing and data management that sets new standards in asset management

Featured image for “Explained: What is an ‘Asset Information Ecosystem’?”

Explained: What is an ‘Asset Information Ecosystem’?

The asset information ecosystem model denotes a collaborative integrated data environment where information is able to flow freely between systems.

Featured image for “COSOL and Hitachi ABB Power Grids expand strategic partnership agreement”

COSOL and Hitachi ABB Power Grids expand strategic partnership agreement

COSOL has announced an expanded strategic partnership agreement with Hitachi ABB Power Grids to become the preferred provider for all Ellipse Professional Services capability required by Hitachi ABB Power Grids’ clients in the Australia-New Zealand region.

Featured image for “Single source of truth for asset data and artefacts”

Single source of truth for asset data and artefacts

Together, Maximo, RedEye and COSOL make it possible to readily access engineering content within the context of your work.

Featured image for “COSOL awarded new contract with Australian owned Ioneer”

COSOL awarded new contract with Australian owned Ioneer

The project will see COSOL North America become the partner of choice to work on the implementation of the Hitachi Ellipse Finance module. This will allow Ioneer to improve its decision-making capability and gain greater access to mission critical information on a timely and accurate basis.

Featured image for “COSOL awarded new contracts with Transgrid and Anglo American”

COSOL awarded new contracts with Transgrid and Anglo American

This was a sole sourced contract after a demonstration of COSOL’s data migration expertise. Central to the project win is COSOL’s proprietary data management solution, RP Connect®, which will utilise the RP Connect® – Data Vault Engine to store historical Ellipse data.

Featured image for “COSOL awarded extension to Department of Defence ERP program”

COSOL awarded extension to Department of Defence ERP program

The award of this contract continues COSOL’s longstanding relationship with IBM and the Department of Defence (Australia). It recognises the proven expertise and flexibility of COSOL and our RPConnect® Data Management platform for the Defence ERP Programme.

Featured image for “Migrating from ArcMap to ArcGIS Pro: Concerns vs. Reality”

Migrating from ArcMap to ArcGIS Pro: Concerns vs. Reality

The countdown is on to migrate from ArcMap before it is retired. Here are the top concerns vs. reality to help you navigate your way to ArcGIS Pro.

Featured image for “Maximo in the cloud makes sense”

Maximo in the cloud makes sense

Maximo in the cloud makes sense for more than just the financial benefits. Find out how this ‘as a service’ model compares to other hosting options.