Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc.

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Presentation transcript:

Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc.

Copyright © 2006 OSIsoft, Inc. Company Confidential. All rights reserved. 2 Real Time Information – Why? Speed of Business Increasing –External Forces/Competitors/Technology Working by Exception Legal Responsibility to Know Need for Collaboration and Cooperation High Payout About to Be Discovered by Mainstream

Copyright © 2006 OSIsoft, Inc. Company Confidential. All rights reserved. 3 Returns of Users Electrical - M&D Center $8/$1 invested per year Pulp and Paper - Energy Trading Desk $18/$1 invested per year Steel - Proactive vs Reactive Maintenance – 20% increase in Plant Availability Generation – Turbine Monitor – saved $6MM on warranty issue Oil and Gas - Remote Model based Optimization – 10% More Production from Production Platform

Copyright © 2006 OSIsoft, Inc. Company Confidential. All rights reserved. 4 Real Time Stream Processing Complex Event Processing Source Streams Stream Processing (Filters) Action Event Data Action Event Data SenseAnalyzeAct

Copyright © 2006 OSIsoft, Inc. Company Confidential. All rights reserved. 5 What is Next? More of the Same Very Large Systems (e.g. AMR, Weather) Very High Resolution Systems (e.g. Phasor) Very Complex Analytics (e.g. Water)

Copyright © 2006 OSIsoft, Inc. Company Confidential. All rights reserved. 6 What Do We Need to Do? Stop Pricing by Tag, Interface, Users –Enterprise Purchase Agreements Provide Access to Services –Substantially Enhanced Support Program Listen to Users –European UC, SIG

Copyright © 2006 OSIsoft, Inc. Company Confidential. All rights reserved. 7 Things to Look For Data Quality –HA Systems –Leverage of Microsoft Technology Security –Secure Connect Metadata and Notification –Foundation and PIANO

Copyright © 2006 OSIsoft, Inc. Company Confidential. All rights reserved. 8