The maker of the PI System recognized by leading analyst firm for innovation and vision in the technology industry
SAN LEANDRO, Calif., March 25, 2019 /PRNewswire-PRWeb/ — OSIsoft LLC, a leader in operational intelligence, today announced that it has received the 451 Firestarter award from leading technology research and advisory firm 451 Research, recognizing the company’s innovative contribution within the technology industry.
451 Research’s Firestarter program recognizes exceptional innovation within the information technology industry. Introduced in 2018, and awarded quarterly, the program is exclusively analyst-led, allowing its team of technology and market experts to highlight organizations they believe are significantly contributing to the overall pace and extent of innovation in the technology market.
OSIsoft’s PI System is a data infrastructure for critical operations that transforms the data generated by sensors, devices and industrial processes into rich, real-time insights to help people save money, increase productivity or create connected products and services. Over 1,000 leading utilities, 80% of the world’s largest oil and gas companies and 65% of the Fortune 500 industrial companies rely the PI System in their operations.
“We’re very excited to receive the 451 Firestarter award because it reflects the incredible creativity we see taking place in the industrial world. Every day, more companies are turning to operational data to improve their processes or create new business models,” said Chris Nelson, vice president of software development at OSIsoft. “The analysts at 451 Research recognize the challenges and opportunities that lay ahead.”
“OSIsoft is positioning itself as a bridge between OT and IT with edge and cloud systems. It has a consistent story to tell, and is acting in a developer-friendly way as it opens up its cloud micro services to partners, and as such its inclusion as a 451 Firestarter is well deserved,” said Ian Hughes, senior analyst at 451 Research.
OSIsoft is dedicated to helping people transform their world through data. The company’s PI System has been used to predict wind turbine failures, increase output at an iron mine by $120 million in a single year through fine-tuning logistics, deliver water services to millions of new customers in a megacity, transform how medicines are produced and improve the quality and consistency of beer. Worldwide, over 2 billion sensor-based data streams are managed by the PI System. To learn more please visit http://www.osisoft.com.
About 451 Research
451 Research is a leading information technology research and advisory company focusing on technology innovation and market disruption. More than 100 analysts and consultants provide essential insight to more than 2,000 client organizations globally through syndicated research, advisory services and live events. Founded in 2000 and headquartered in New York, 451 Research is a division of the 451 Group. Learn more about the 451 Research Firestarters.