OSISoft: old-school process-control company on IoT cutting edge
While the eyes of the tech world are on the usual suspects like Google and IBM, as well as high-profile operational tech firms like GE and Siemens, an almost 40-year-old company called OSISoft has quietly leveraged its expertise in process monitoring and management into an impressive list of prominent clients. These include Aramco, the national oil and gas company of Saudi Arabia, which is arguably the single most valuable and profitable company in the world, Chevron, Pacific Gas and Electric, Heineken, Tyson Foods, and Lawrence Livermore National Labs, among many others.
OSISoft has a lot more in common with the GEs of the world than with some of the IT-based powerhouses that are making a lot of noise about IoT these days. It’s a company with a long history of experience in real-time data collection, making the transition into an IoT-enabled world a smooth one.
The PI System is the foundation of OSIsoft’s offerings, a structured data lake for real-time information that can let businesses hunt for trends and potential cost savings down in the weeds of machine-generated data. It’s designed to digest information from a huge array of potential sources – anything from medical devices to oil rigs – and get it into a usable format.