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IBM Maximo Application Suite vs NetSuite ERP comparison

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Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IBM Maximo Application Suite
Ranking in Billing Software
4th
Average Rating
8.2
Number of Reviews
33
Ranking in other categories
Enterprise Asset Management (EAM) (1st)
NetSuite ERP
Ranking in Billing Software
5th
Average Rating
7.8
Reviews Sentiment
6.0
Number of Reviews
38
Ranking in other categories
ERP (12th), Activity Based Costing Software (6th), Cloud ERP (2nd)
 

Mindshare comparison

As of October 2026, in the Billing Software category, the mindshare of IBM Maximo Application Suite is 2.9%, down from 3.6% compared to the previous year. The mindshare of NetSuite ERP is 3.5%, down from 6.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Billing Software Mindshare Distribution
ProductMindshare (%)
IBM Maximo Application Suite2.9%
NetSuite ERP3.5%
Other93.6%
Billing Software
 

Featured Reviews

Antony Mishra - PeerSpot reviewer
Java Software Engineer at GPA
Asset management has become streamlined and decision-making is now driven by lifecycle data
The best features IBM Maximo offers are that it is very simple to deploy on OpenShift using Ansible playbooks. It also has excellent support for integration, is simple to configure, and the asset register is very straightforward. Work management and managing inventory are seamless. In terms of integration support, I have used preventive maintenance, work generation, accurate work execution planning, tracking actuals, and I can easily integrate with other tools and systems. IBM Maximo Suite gives me a single place where service cycles are standardized and tied to compliance. IBM Maximo has positively impacted my organization as it has been a very useful tool. It reduced human error by moving away from pen and paper-based scheduling. It saved cost by minimizing unexpected downtime of assets, with approximately 50% of time being saved. We have also reduced overwork among staff by removing redundant information and smoothing task flows. It helps us scale our team without micromanaging small issues.
Hubert Wentzel - PeerSpot reviewer
Principle Consultant at iOCO
Accounting processes have become transparent and time tracking supports our consulting projects
The built-in analytics tools of NetSuite ERP are not good enough for my needs. I did not create the accounting reports; my accounting team developed all of those. I know that all the data we need to analyze in CRM and from projects must be exported, and we run reports on those. The built-in analytics tools in NetSuite ERP do not help me identify opportunities or risks at all. I export all the data and use Power BI to analyze it. I do not utilize the customizable dashboards and just use a normal home page. The inventory management feature does not help us because we do not have any inventory or stock. The advanced financial management features are basic, as general ledger functionality is fundamental to accounting. I would not call it advanced. The principles are as old as accounting itself. NetSuite ERP is a cloud-based accounting platform with nothing exceptional to note. Their pricing is a package deal, so the deeper the investment, the more features are available and the more difficult it becomes to leave. I would like to see additional features in the next release to make it more competitive. I only use a fraction of the functionality because we do not have logistics, merchandising, warehousing, or inventory. We are a consultancy that sells software, implements software products, and provides advisory services, so our accounting needs are actually quite basic. I would rate this product an eight overall.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"Even if we do not look at the full software and we look at smaller use cases within the software, the ROI is often quite substantial."
"The incident management feature is good because it allows you to keep track of and classify issues."
"It can be particularly useful for power line operations, enabling linemen in the field to gather information and send it across the country as well as different parts of the world."
"IBM Maximo is the best software for assets management."
"They have a real strength of tracking the asset itself along with the condition of the asset, the maintenance of the asset and who has access to the asset, etc."
"We got a great revenue by using IBM Maximo."
"Work order management and scalability enables the businesses' needs to be met."
"When it comes to their reporting and analytics capabilities, I find them to be superb."
"We can install the bundles based on our needs."
"I am impressed with the product's ease of use. It also helps us reduce the techstack."
"You should go for it. You won't regret it! This is the best solution."
"The initial setup is easy."
"As NetSuite ERP is a cloud product, a valuable feature I found in it is the very friendly user interface. You can set up shortcuts within the applications for frequently used reports or navigation. You can also customize dashboards in NetSuite ERP. Another feature I found valuable in the solution is good reporting. It has many industry-standard reports focused on finance and inventory. I also like the seamless switching between production and test environments and that you can customize the environments within NetSuite ERP. For example, you can put banners on your test and production environments to differentiate or segregate the logins to prevent mistakes. The solution is pretty easy to use and navigate, and it's more of a lightweight software. I like that it's a cloud product, so work is done on the front end rather than the back end. There's also a community for NetSuite ERP where you can raise your queries and issues. You'll find other people sharing experiences about common issues so you can get quick fixes from the community."
"Every year, they release a new version."
"I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing."
"NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs."
 

Cons

"The pricing model of the solution has room for improvement as well as the after-sales support."
"IBM Maximo can be improved because the user interface is not as modern as newer SaaS tools, and implementation and configuration can be time-consuming."
"Because of their competitiveness and their enterprise nature, the small companies are unable to do it."
"IBM is a big company and they have a lot of products. Level One, the first level of tech support, is the one that is used to stop the tsunami. For everyone, it's always work to get past that."
"The interface is not very easy or user-friendly and is in need of improvement."
"Revision management of file attachments."
"From that perspective, the UI is quite old-fashioned, and that would be one of my main concerns."
"IBM Maximo is expensive, and it is not a very well-known product in India."
"In NetSuite ERP, they should focus on offering better customization options."
"Many features such as local taxation and fund management are not there yet."
"The solution is not good in a production company."
"The custom reports could be improved."
"I have faced OPI issues during peak times when pushing and pulling data becomes very slow due to API limitations."
"The system is quite slow overall; sometimes I wait thirty, forty, or fifty seconds for a screen to refresh."
"What needs to be improved is the development in the other areas and other businesses that can use NetSuite, but it's rapidly coming about."
"The NetSuite fixed asset module needs to be worked on."
 

Pricing and Cost Advice

"IBM has changed the licensing policy. As I understand now, they are going from a complex way of licensing to a more simple way of licensing."
"The price of IBM Maximo could reduce, it is expensive."
"IBM Maximo offers a licensing application, and you have to comply with the license."
"On a scale from one to ten, where one is low and ten is high, I rate the pricing a nine. The price is very high."
"I do not know about the price of the solution. However, this has been an expensive project overall."
"You pay for what you get. There are lots of options depending on how you would like to implement Maximo."
"The concurrent user license is much more effective in management and cost-wise, as it is more suitable for maintenance management."
"Where available, concurrent licenses can be more cost efficient and provide more flexibility."
"It's very competitively priced due to it being a subscription model. So, clients are quite happy with the pricing. I would rate it an eight out of ten in terms of pricing."
"It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a good job with the pricing."
"Regarding costs, it's not just about licensing. Customization recurring costs can become expensive over five to eight years, especially with new releases. However, NetSuite ERP integrates well with third-party applications, so it can still be used for finance while another ERP is used for localized production."
"When people buy ERP, it's a competitive situation and the pricing is paramount."
"I would advise that you first meet with and scope out your project with a NetSuite VAR (Value Added Reseller)."
"It is expensive."
"There is an annual license required to use this solution."
"The price is less than the cost of daily hours."
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Top Industries

By visitors reading reviews
Outsourcing Company
12%
Manufacturing Company
10%
Government
8%
Construction Company
7%
Manufacturing Company
10%
Financial Services Firm
9%
Outsourcing Company
8%
Computer Software Company
7%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business18
Midsize Enterprise3
Large Enterprise22
By reviewers
Company SizeCount
Small Business27
Midsize Enterprise8
Large Enterprise5
 

Questions from the Community

What needs improvement with IBM Maximo?
There are a couple of places, but I cannot name one at this moment because I still need to go through more of the things because there is a lot which I need to learn. Something related to the custo...
What is your primary use case for IBM Maximo?
I generally develop IBM Maximo reports and then some automation scripts, and the major thing which I have customized is an application called Archival solution that we created from scratch. For the...
What advice do you have for others considering IBM Maximo?
AI Watson, I have not used it so far. I was trying to use it, but there are some challenges for me to use it. I will definitely try to give a review once I use it. I have not used it so far. I will...
What is your experience regarding pricing and costs for NetSuite ERP?
The initial cost for NetSuite ERP depends on the business size. My IT managers say that some of their features are quite expensive.
What needs improvement with NetSuite ERP?
Regarding room for improvement, I would single out the user interface. The company needs to spend fifty percent of research and development on improving the user interface. The user interface is qu...
What is your primary use case for NetSuite ERP?
The primary use cases are general ledger, accounts payable, accounts receivable, project management, project accounting, and timesheets. I use NetSuite ERP. I have been working with NetSuite ERP, C...
 

Also Known As

Maximo
No data available
 

Overview

 

Sample Customers

Royal Boskalis Westminster N.V., DTE Energy, Swedish Match, Projetech, Fingrid, East Coast
2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
Find out what your peers are saying about IBM Maximo Application Suite vs. NetSuite ERP and other solutions. Updated: September 2026.
916,956 professionals have used our research since 2012.