OSIsoft fast-tracks industrial digital transformation with new online Marketplace

Operational intelligence company OSIsoft unveiled Tuesday Marketplace, its online collection of software and hardware solutions for accelerating digital transformation for the industrial world. Marketplace is designed to link utilities, energy companies, manufacturers, food and beverage producers and other industrial customers with over 300 hardware, software, and integration partners in the OSIsoft Partner EcoSphere as well as the 2600 third-party developers in the PI Developers Club.

On Marketplace, customers can discover and compare solutions for the Internet of Things, predictive analytics and machine learning, reducing asset downtime, data visualization and cloud-based analytics. Customers can also engage specialists for remote asset and process monitoring, condition-based maintenance, and performance benchmarking.

OSIsoft’s PI System captures data from sensors, manufacturing equipment and other devices and transforms it into rich, real-time insights that engineers, executives and partners can use to reduce costs, dramatically improve overall productivity, and create new connected services and smart devices.

Some of the world’s largest organizations, including over 1,000 utilities, 95 percent of the largest oil and gas companies and more than 65 percent of the Fortune 500 industrial companies, rely on the high-fidelity insights from the PI System to manage their businesses. Worldwide, over 1.5 billion sensors serve data to the PI System.

The OSIsoft partner EcoSphere helps customers maximize the value of their PI System infrastructure. Over 300 companies are official members of the OSIsoft Partner EcoSphere.

In addition to the Marketplace, the Partner EcoSphere provides accreditation and specialization programs to recognize individuals from partner companies who have completed comprehensive technical training requirements. Globally, 250 people from more than 40 partner companies are accredited PI System specialists.

OSIsoft Marketplace participants and solutions include National Instruments (NI) that provides LabVIEW system design software and NI InsightCM Enterprise software for condition monitoring, which can bidirectionally communicate with the PI System; Rockwell Automation, which integrates the PI System into its FactoryTalk platform, making it easy to aggregate plant automation data across the enterprise for real-time insights; and Power Factors, providing high-quality, independent performance data for renewable energy, which allows owners and operators to standardize across their diverse portfolios and drive improvements in the physical and financial performance of their assets.

It also includes Element Analytics, an advanced industrial analytics software company that rapidly builds Asset Frameworks through software and empowers organizations to achieve new levels of operational performance, by rapidly turning data into actionable reliability, productivity, and sustainability insights; and eVision Industry Software that creates Control of Work software. Solutions that improve the way oil, gas, chemical and other hazardous industries operate on a global and local scale. eVision’s integration with the PI System provides users with real-time situational awareness, from permit draft to control room.

OSIsoft also launched the pervasive data initiative to bring its PI System technology to new Industrial Internet of Things (IIoT) and edge devices. The initiative will drive the development of new technologies and partnerships to expand the ecosystem of services and products for monitoring remote assets and capturing new data streams that were previously physically or economically not viable to track.

OSIsoft is collaborating with partners such as Dell, Arrow Electronics, B+B SmartWorx Powered by Advantech, ADLINK/PrismTech and RtTech Software to encourage the development of new products and offerings that will improve productivity and accelerate digital transformation. Manufacturers will be able to deploy PI-based gateways, for example, to expand condition-based maintenance programs or enable pipeline companies to harvest data in remote locations.

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