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OSIsoft Announces Global Reseller Agreement with SAP

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New Capabilities Pair IT Data with Operational Data to Capitalize on the Internet of Things

SAN LEANDRO, Calif.–(BUSINESS WIRE)–

OSIsoft, a global leader enabling operational intelligence, today announced the signing of a global reseller agreement with SAP (SAP). As part of the agreement, SAP will resell the OSIsoft solution as the SAP HANA® IoT Connector by OSIsoft. The new connector helps companies combine data from their control and automation systems and their smart devices, with transactional and business data. Then SAP HANA enables them to rapidly perform retrospective and predictive analysis and deliver actionable insights across their organizations. The solution is available now.

Industry-leading process, manufacturing and utility companies use OSIsoft’s PI System to capture operational data in real time and provide real-time operational insights. Over 1.5 billion sensor-based data streams gathered from 17,000 sites across 125 countries are managed by the PI System. Industrial enterprises can now combine and leverage business and operational data within the SAP HANA platform to help improve process efficiencies, asset health, energy utilization, safety and quality.

Essential to delivering operational excellence is utilizing past and present sensor-based data to gain insights for operational improvements and predict future events before they happen. Operational sensor-based data can be challenging to access and leverage in big data initiatives. Large volumes, lack of context, inconsistency and gaps in time-series data can mean lengthy processing of data. Now, the new integration enables sensor-based data collected by the PI System to be more easily filtered, cleansed, shaped and integrated in near real time for advanced analytics and decision making using SAP HANA as an industry-leading system, tool and database that organizations already own today.

“The new integrator is a game changer for data-driven enterprises looking to leverage operations and business data to deliver transformative improvements,” said Pat Kennedy, CEO of OSIsoft. “Early beta customers have seen workflows reduced from months to minutes with the new integrator. The new tool dissolves barriers to IT and OT working together, and empowers anyone from the engineer to the business executive to access enterprise data for impactful insights.”

“Real-time asset performance information enables more predictable and profitable operations, with a significant impact to our bottom line,” said Matthias Beier, vice president of Information Technology at EDF Renewable Energy. “However, analyzing large datasets can be challenging, especially time-series data. The amount of time required to process and exchange information between systems can be considerably longer than the actual analysis. Now with the SAP HANA IoT Connector by OSIsoft, the data processing and exchange can take minutes, lowering the barrier for organizations to explore and ask more questions of the data they own already. We are now able to analyze and visualize operations in an integrated manner that was not possible before.”

“Today’s fast-moving business world can no longer afford the separation of operations and business data. There is too much value lost in translation and in delays accessing and analyzing that data,” said Peter Maier, general manager of Energy and Natural Resources Industries at SAP. “SAP and OSIsoft have partnered to overcome this separation with our customers using the SAP HANA platform to analyze data in real time, draw actionable conclusions, and translate business decisions into system controls.”

To learn more, please visithttp://www.osisoft.com/corporate/sap-hana/ orhttp://www.sap.com/pc/tech/internet-of-things/software/hana-iot-connector/index.html

About OSIsoft, LLC

OSIsoft, a global leader enabling 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 thirty 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, USA with offices around the world. For more information, visit www.osisoft.com.

SAP, SAP HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices.

All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-Looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Contact:
Press Information
OSIsoft, LLC
Dominic John, 510-877-9576
djohn@osisoft.com
Original content was posted here: http://finance.yahoo.com/news/osisoft-announces-global-reseller-agreement-080100515.html
Cover Image Source: https://www.itron.com/partners/PublishedContent/osisoft_logo_mi.jpg

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