Streaming Data and Event Infrastructure - OSIsoft
Streaming Data and Event Infrastructure - OSIsoft
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