February 20, 2002—MRO Software Inc.’s Strategic MAXIMO has been selected by Volvo Car Corporation to help expand production output more than 50 percent by 2004, according to a joint announcement by both companies.
MRO Software is a provider of e-Business solutions for asset-intensive companies. The Volvo Cars plant in Torslanda, Sweden, will rely on MRO to meet future customer demands and reduce costs without investing in new plants or substantially increasing the workforce, according to the automobile company. The firm explains that it will now be able to extend the life of its business-critical machinery and better manage its inventory to reduce costs. Within the next two years, Volvo explains that it expects to see a significant return on investment as MAXIMO supports the organization in realizing its goals.
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