COSOL News & Insights

In December 2024, COSOL Limited announced the acquisition of Toustone - an Australian-based data analytics, predictive analytics, and Decision Intelligence company

Recently we upgraded our EAMaaS solution to better support our customers and their increasingly integrated and sophisticated asset management ecosystem of data and technologies. Learn more about this all-inclusive, fully managed cloud-based platform that provides the strong foundations and technologies to enable you to leverage AI, Machine Learning, Digital Twin and data visualisation tools.

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.