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Streaming Data and Event Infrastructure - OSIsoft

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<strong>Streaming</strong> <strong>Data</strong> <strong>and</strong> <strong>Event</strong> <strong>Infrastructure</strong><br />

provides the context to identify problems <strong>and</strong> propose solutions for continuous improvement.<br />

One must also have the ability to implement six sigma procedures of measure, analyze, control<br />

<strong>and</strong> optimize. Visualization tools that provide methods to performance benchmark, display<br />

KPIs <strong>and</strong> dashboards are key to measuring improvement <strong>and</strong> making data available to everyone<br />

to fuel a culture of improvement. Tools for visualization also allow the user to discover new<br />

patterns, insights <strong>and</strong> are the fuel for innovation. The socialization of data allows for<br />

collaboration <strong>and</strong> problem solving. <strong>Data</strong> must be provided in context with easy tools to lower<br />

the cost of curiosity <strong>and</strong> cross specialty data access.<br />

Foundation for Sustainability <strong>and</strong> Innovation<br />

From its “green team” origins, corporate sustainability has found its way into the executive<br />

suite <strong>and</strong> corporate boardroom. Many organizations now have a chief sustainability officer, <strong>and</strong><br />

some of these same companies routinely issue reports on their progress toward sustainability.<br />

However, largely missing from the sustainability calculus is a way to move into the mainstream<br />

of day-to-day workplace decisions. For sustainability to reach the next level, operations staff<br />

who make resource decisions need feedback <strong>and</strong> visibility on the results of their actions, <strong>and</strong><br />

senior executives need a way to gauge performance so they can reward improvements <strong>and</strong><br />

troubleshoot lingering problems.<br />

Sustainability is a platform for managing business in an efficient <strong>and</strong> holistic manner. It provides<br />

resource <strong>and</strong> production decision-makers with tools <strong>and</strong> support to make better decisions.<br />

Key benefits of a focus on sustainability are resource, water <strong>and</strong> energy efficiency, pollutions<br />

abatement <strong>and</strong> asset optimization. All of these are empowered with the access to data.<br />

Today sustainability data is collected <strong>and</strong> available with large time delays. Tomorrow we have<br />

the potential of controlling our business to sustainability goals with real-time data allow actions<br />

to take place to improve situations rather than just report. Records of sustainability data will<br />

take on an importance similar to financial data.<br />

The best innovation comes when people ask what if, why not, how we can in a process that<br />

encourages action. All of these questions are helped with the access to data that allows for the<br />

modeling, scenario testing <strong>and</strong> results validation. Innovation is inspired by seeing patterns in<br />

data <strong>and</strong> studying relationships between data. When the access to data is lowered <strong>and</strong> data is<br />

available across disciplines new ideas can be proposed, investigated <strong>and</strong> proven.<br />

4 Business Challenges that need <strong>Data</strong><br />

Today’s business faces common challenges no matter what the industry is. We reviewed 73<br />

annual reports from companies in Pulp & Paper, Oil <strong>and</strong> Gas, Utilities, Pharmaceuticals <strong>and</strong> Life<br />

Sciences, Metals <strong>and</strong> Mining <strong>and</strong> Chemicals <strong>and</strong> Petrochemicals compiling what are identified<br />

as business challenges. This list shows the clear advantage of infrastructure over a single project<br />

based solution due to the breadth of the issues.<br />

Last Saved May 4, 2012 6 of 20

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