real time goes mainstream dr. j. patrick kennedy, ceo and founder osisoft inc

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

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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

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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