OSIsoft Collaborates with Amazon Web Services to Accelerate Industrial Analytics

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PI integrator for Business Analytics to increase customer value by bridging the operational technology and information technology (OT-IT) gap.

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“Tthis collaboration with OSIsoft provides the ability to easily act on the large volumes of data that is generated in industrial processes with AWS IoT Analytics,” said Dirk Didascalou, Vice President, Internet of Things, Amazon Web Services, Inc.

OSIsoft LLC, a leader in operational intelligence, today announced a collaboration with Amazon Web Services (AWS) to develop services and capabilities to make it easier for customers to run sophisticated analyses on the massive volumes of industrial data from OSIsoft’s PI System.

The collaboration will span major areas that include enabling data science in real-time, streamlining the deployment of the PI System on AWS, and enhancing operational data insights with Internet of Things (IoT) devices and sensor data. OSIsoft will enhance its PI Integrator for Business Analytics and provide tight integration with major AWS services to help customers rapidly develop visual analytics, machine learning (ML), and artificial intelligence (AI) applications using operations data from the PI System along with data from critical enterprise applications. This will be accomplished by providing seamless connectivity to Amazon Simple Storage Service (Amazon S3), Amazon Athena, Amazon Redshift, and Amazon Kinesis.

The companies will work together to provide quick-start deployment guides that encompass and enable best practices for running PI Systems on AWS. This initiative will allow customers to confidently, securely, and reliably deploy the PI System on AWS at scale. OSIsoft will provide interaction with data generated by gateway devices and IoT sensors that use AWS Greengrass, Amazon IoT Core data, and AWS IoT Analytics. Integration will be at multiple layers of AWS IoT, giving customers many different options for integrating the PI System on-premises or on the cloud, enabling preferred connectivity, and allowing for multiple hybrid cloud scenarios.

“Thousands of customers rely on the PI System daily to run their operations and serve up insights for improving their competitiveness. This alliance takes those capabilities to the next level. By combining PI System data and technology with AWS’s capabilities, customers will be able to more easily compare the performance of different facilities or predict the financial impact of proposed supply chain changes before they are implemented,” said Chris Nelson, Vice President of Engineering at OSIsoft. “Right now, operations and IT in many organizations operate completely independently. This helps bring these two worlds together.”

“Our customers are looking for innovative ways to run analytics specifically designed for industrial IoT and this collaboration with OSIsoft provides the ability to easily act on the large volumes of data that are generated in industrial processes with AWS IoT Analytics,” said Dirk Didascalou, Vice President, Internet of Things, Amazon Web Services, Inc. “We are excited for this collaboration with OSIsoft and to work together to improve the scalability and flexibility of industrial IoT systems.”

The announcement took place at PI World in San Francisco and Hannover Messe International in Hannover, Germany.

IDC estimates that 80 percent of the time spent by data scientists is spent on data preparation. As a result, Kevin Prouty, Group VP of IDC Energy and Manufacturing Insights, estimates from his experience as a plant manager and engineer that less than 5 percent of collected operational field data gets effectively used for improving the business.

“Operational and industrial operation is fundamentally different than traditional IT data. This is one of the uncomfortable ‘discoveries’ IT departments are making with digital transformation,” Prouty said. "Initiatives like this seek to bridge that gap so customers can get more value out of their data without going back to square one.”

The PI System

The PI System from OSIsoft captures the vast data streams from sensors, machinery and other devices and transforms them into rich, real-time insights by adding contextualization, Meta data, event alarms, Asset Frameworks (i.e. digital twins) and visualization, among other enhancements. The PI System serves as both a system of record for industrial operations--generating an accurate, detailed portrait of operations that can span decades--as well as an environment for data-based decision making.

Customers have used the PI System to predict and prevent devastating equipment failures, reduce millions in energy costs, lower the cost of medical testing as well as improve the flavor of beer. Over 1,000 leading utilities, 90 percent of the world’s largest oil and gas companies and 65% of the Fortune 500 Industrial companies rely on the PI System to make critical decisions for their business.

Worldwide, the PI System manages over 1.6 billion data streams with some individual customers capturing over 25 million individual data streams.

PI Integrator for Business Analytics effectively accelerates the process for extracting operational data for use in other applications without impacting “live” operations. Customers that want to take immediate advantage of the added AWS capabilities of PI integrator for Business Analytics can participate in a community technology preview (CTP) by contacting their account manager.

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Michael Kanellos
osisoft
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