With the release of version 8 in July 2021 the product was renamed to IBM Maximo Manage.

[4] Maximo is designed to assist an organisation in managing its assets such as buildings, vehicles, fire extinguishers, equipment recording details such as details, maintenance schedules and participating in workflows to manage the assets.

[citation needed] Pre-configured models for some industries are available including rail, nuclear and mining.

[14] In February 2018 Kalibrate Asset Management, a consultancy specializing in Maximo, sued IBM for 500,000 dollars in a deal registration dispute.

[15] This suit was dismissed by the court on 23 March 2018 as Kalibrate had failed to demonstrate it had a contractual right to the commission, nor had it established a claim for misleading and deceptive conduct.