9
Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc.

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

Embed Size (px)

DESCRIPTION

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

Citation preview

Page 1: Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc

Real Time Goes Mainstream

Dr. J. Patrick Kennedy, CEO and Founder

OSIsoft Inc.

Page 2: 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

Page 3: Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc

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

Page 4: Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc

Copyright © 2006 OSIsoft, Inc. Company Confidential. All rights reserved. 4

Real Time Stream ProcessingComplex Event Processing

•SourceStreams Stream Processing

(Filters)

•Action

Event

Data

•Action

Event

Data

Sense Analyze Act

Page 5: Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc

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)

Page 6: Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc

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

Page 7: Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc

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

Page 8: Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc

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

Page 9: Real Time Goes Mainstream Dr. J. Patrick Kennedy, CEO and Founder OSIsoft Inc