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Power of Maximo Formulas - Build logic w/o Custom Java code or Automation Script

Greetings! Maximo 7.6 has lot of additional capabilities added in Tivoli Automation Engine as compared to older versions of Maximo which aim to allow users to make change in applications for small requirements without actually going to customization route. Automation scripts is one of such tool given for users and technical developers to change the behavior of Maximo in case where functionalities can't be changed only via use of configuration. If we have a requirement to populate some field on basis of other fields , we can easily do that with automation script but in order to do that you still need to have knowledge of Jython or Javascript to write the logic. Maximo formula is one the tool given by IBM which can be used for such business requirements and user can make changes to Maximo logic via configuration without getting into difficulties of coding. Formulas are available from Maximo version 7603. With release of Maximo version 7606, there has been addition of new capabil...