MTR Corporation Partners With IBM to Roll Out Enterprise Asset Management System to Maximize Assets and Business Performance

MTR Corporation Partners With IBM to Roll Out Enterprise Asset Management System to Maximize Assets and Business Performance

IBM China/Hong Kong Limited (NYSE: IBM) today announced the successful implementation of an Enterprise Asset Management System (EAMS) at MTR Corporation (HKSE: 066), delivering on the Enterprise Asset Management Framework developed by MTR Corporation. MTR Corporation is a company engaged in the construction and operation of Hong Kong’s mass transit railway system, integrated with development of properties and new communities along its railway lines.

The new EAMS will enable MTR Corporation to optimize operational effectiveness and improve asset utilization and performance to bring more value for the Hong Kong metro system’s millions of customers. The new system, launched on January 22nd, represents the completion of the first phase of MTR Corporation’s long-term enterprise asset management strategy and vision.

MTR Corporation’s EAMS actively manages assets such as railway equipment, infrastructure and networks — that often account for a large proportion of operational overhead — throughout their lifecycle to minimize their cost, maximize their worth, and reduce their risk to the business. The project implementation was jointly carried out by IBM Global Business Services’ consultants who partnered with MTR Corporation to drive on-time delivery of the project against plan, within budget and with minimal customization.

“Our user testing has yielded very positive results and the project was delivered on time and within budget. This is an outstanding achievement for a software project of this scale,” said Andrew McCusker, Operations Director, MTR Corporation who led the EAMS initiative. “IBM’s well defined project management approach and commitment to quality execution played an important role in helping us deliver on our business objectives for service excellence and operational performance.”

Read the complete Press Release