With the rise of IoT, cognitive computing, robotics, and other digital technologies, firms are more connected than ever before. Companies can create a digital alignment to their physical processes, increasingly connecting their operational assets and providing insights that were previously no more than a “what if…?”
International Data Corporation (IDC) has assessed OSIsoft as a provider of real time critical operations data to the industrial sector. How can the PI System help firms move toward a truly operationally intelligent organization?
-- As IT and OT continue to converge, IDC urges firms to look beyond their use of technology at the operational level. Rather, they should embrace it as a method to drive a deeper level of understanding of operations and use it to refine their processes. This integration is crucial to true digital transformation, as the convergence of OT and IT will transform the decision-making process with technology.
-- To continue to foster operational intelligence within the organization, firms are implementing cutting edge technologies such as Artificial Intelligence (AI). In order to successfully deploy AI projects, data management processes must be refined, secure, and repeatable. In such cases, the PI System is invaluable. Various OSIsoft partners, such as EFT, Canvass, Maya Heat Transfer, and Petuum are pushing the envelope, working on the operational side of asset-oriented value chains to connect AI data to a customer's critical operations systems.
-- Lastly, IoT Analytics are getting smarter with the addition of sensor-based and smart device data, which is transforming how industrial firms capture, analyze, and use their data. With the rise of IoT analytics and information management platforms, firms can spend less time cleaning and deciphering data and more time making decisions with it. Firms with established data lakes “can leverage PI AF and Event Frames to reduce data collection and preparation efforts through the intelligence it adds to the raw data.”
As the convergence of IT and OT, the rise of AI, and the increasing developments in IoT Analytics continue to foster innovation and growth in the industrial space. Learn more about how OSIsoft is crucial in driving digital transformation at leading firms around the world.