SAN LEANDRO, Calif. (PRWEB) January 28, 2020
OSIsoft, LLC, the leader in operational intelligence and enterprise infrastructure for streaming data, is creating a community centric data ecosystem to enable Distributed Energy Resources (DER) into the marketplace.
Over the past several years, OSIsoft has introduced new products to help industries around the world deal more effectively with the data streaming from the explosion of IoT sensors. This transformation of the PI System architecture to one that supports a community system of data, while maintaining security, reliability, and ease of interconnection to millions of systems, will provide suppliers, consumers, and service providers, a new way to effectively share and manage data.
Unlocking the value of data has become increasingly important as markets strive to create transparency and significantly simplify settlement and compliance. The OSIsoft community system approach to data allows a utility to securely interact with grid edge devices, such as batteries, solar inverters, and EV chargers in real time, and create new methods to help support and stabilize the electric grid, while allowing a transaction system to track, settle, and manage compliance with the market. Our real-time data infrastructure is helping to enable this efficient new marketplace by helping to realize the full potential of DER.
“OSIsoft is pleased to announce this DER collaborative that will leverage our community system approach to data to bring the future of the digital energy market to life,” said Dr. J. Patrick Kennedy, CEO and Founder of OSIsoft. “Our partners continue to create incredible value to industry and markets around the world by enabling the data streams captured in our system in new and fascinating ways. We are very excited about the potential that DER has to reshape our utility networks. Creating a community data system that allows both the operational and transaction systems access to DERs will rapidly create new value in the energy value chain.”
OSIsoft, a global leader in operational intelligence, delivers an open enterprise infrastructure to connect sensor-based data, operations and people to enable real-time and actionable insights. As the maker of the PI System, OSIsoft empowers companies across a range of industries in activities such as exploration, extraction, production, generation, process and discrete manufacturing, distribution and services to leverage streaming data to optimize and enrich their businesses. For over forty years, OSIsoft customers have embraced the PI System to deliver process, quality, energy, regulatory compliance, safety, security and asset health improvements across their operations. Founded in 1980, OSIsoft is a privately held company, headquartered in San Leandro, California, U.S.A, with offices around the world.
Lev Feigin (OSIsoft)