real time goes mainstream dr. j. patrick kennedy, ceo and founder osisoft inc
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 PlatformTRANSCRIPT
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 ProcessingComplex Event Processing
•SourceStreams Stream Processing
(Filters)
•Action
Event
Data
•Action
Event
Data
Sense Analyze Act
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