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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 />

To meet these dem<strong>and</strong>s rigorous benchmarking, upgrading <strong>and</strong> debottlenecking of facilities is<br />

required, all of which require operational data for engineering studies. The true cost of<br />

production for products must be known.<br />

Enhanced production, operation <strong>and</strong> decision making for continuous improvement require<br />

access to data. Performance improvements <strong>and</strong> development is made with continuous<br />

feedback, attention to global st<strong>and</strong>ards in operation <strong>and</strong> implementing state of the art<br />

manufacturing for quicker response to market dem<strong>and</strong> <strong>and</strong> reduction of operating cycle times.<br />

<strong>Data</strong> availability in real-time is key to all of these initiatives.<br />

Globalization<br />

Companies are global today. This brings the need to manage the business globally while<br />

responding to local requirements, laws <strong>and</strong> customs. Global business puts more pressure on<br />

supply chains, inventory management while meeting trading <strong>and</strong> market conditions.<br />

Balancing a global asset base, inventory, customer dem<strong>and</strong>, regulatory <strong>and</strong> economic<br />

environments require access to data across the entire company. Often decisions need to be<br />

made rapidly. The access to data allows for these decisions to me be made from information<br />

rather than relying entirely on experience <strong>and</strong> intuition.<br />

Workforce<br />

The workforce must be empowered with the right data at the right place in the right time to<br />

make decisions. They must have the ability to work across organizations for collaboration <strong>and</strong><br />

the access expert specialists. Today’s workforce is highly mobile <strong>and</strong> always on call. They need<br />

to have the data as well as the analysis tools available on dem<strong>and</strong> <strong>and</strong> from personal devices.<br />

Technology<br />

Technology <strong>and</strong> the need for data analysis are moving organizations towards the convergence<br />

of Information Technology <strong>and</strong> Operation Technology. These groups previously worked as silos<br />

within an organization. Today both groups are learning from each other to meet the dem<strong>and</strong>s<br />

of the business. Trends <strong>and</strong> requirements in Big <strong>Data</strong>, Analytics, Security <strong>and</strong> Reliability are<br />

being met with technology. Corporations are seeking technologies to help their people work<br />

smarter while maintaining the security of corporate IP.<br />

Innovation<br />

Whether it is product or process innovation companies are seeking the next breakthrough that<br />

will give them new opportunities in the market. Often data plays a role in being the catalyst to<br />

provide insight into existing conditions that open pathways to new opportunities. The flexibility<br />

to look at data in many ways <strong>and</strong> drill down into details of data at their original fidelity are<br />

some of the requirements when it comes to looking for innovation in process <strong>and</strong> product<br />

Last Saved May 4, 2012 8 of 20

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