PARIS--(BUSINESS WIRE)--OSIsoft, producer of the PI System, the leading operational data infrastructure for real-time data and events, and Energy Metrics, a leader in optimizing data centers’ infrastructure life cycle, today announced a strategic partnership. This alliance provides a comprehensive management tool to allow portfolio owners to connect their business objectives, initiatives, and revenues to the energy, water, and infrastructure usage of their facilities.
The PI System has been used to optimize traditional manufacturing supply chains, minimize resource usage and accelerate product output. The building supply chain is more complex, as business objectives are disconnected from how the costs of energy, water and infrastructure affect CAPEX and OPEX budgets. This is crucial for companies competing in the digital economy, because unlike the prior decades where power and infrastructure costs were low and IT equipment costs were high, today the reverse is true. IT equipment costs have substantially decreased and energy and infrastructure costs have, and will continue to skyrocket in the decades to come. Compounding this problem is the disconnect that exists between the technical, organizational and regional/global information silos that define an organization’s strategic decision-making processes.
“Ignoring the problem hasn’t worked,” says Paul DeRonde, President of Energy Metrics. “Infrastructure and energy is the most critical business cost driver. Energy Metrics has created the portfolio-wide intelligence platform to dynamically monitor, connect and optimize infrastructure and energy use, which will help business owners to achieve unrealized savings.”
The Energy Metrics open platform provides seamless integration with OSIsoft's PI System, the enabling real-time data infrastructure for data centers, campuses, and portfolios of intelligent connected buildings. The platform allows for the convergence and utilization of portfolio and asset data throughout the building life cycle, which also enables the information silos to communicate and work together. This provides facilities and asset managers with the ability to monitor and mitigate energy and water inefficiencies. In addition, it allows users to visualize and predict costs of real estate and energy usage relative to business initiatives, and manage them using continuous feedback. The deployment of the platform has been completed, and is being planned for facilities ranging from hospitals, universities and sports arenas, to airports, shopping malls, commercial and government offices, and hotels.
"This partnership will bring significant value to our mutual customers as it will demonstrate how real-time data can help organizations solve new challenges to thrive in this ever-changing business landscape,” said Martin Otterson, OSIsoft Senior Vice President of Sales, Marketing and Industry.
About OSIsoft, LLC
OSIsoft (www.osisoft.com) delivers the PI System, the industry standard in enterprise infrastructure, for management of real-time data and events. With installations in over 110 countries, the OSIsoft PI System is used in manufacturing, energy, utilities, life sciences, data centers, facilities, and the process industries. This global installed base relies upon the OSIsoft PI System to safeguard data and deliver enterprise-wide visibility into operational, manufacturing and business data. The PI System enables users to manage assets, mitigate risks, comply with regulations, improve processes, drive innovation, make business decisions in real time, and to identify competitive business and market opportunities.
Founded in 1980, OSIsoft, LLC is headquartered in San Leandro, CA, with operations worldwide and is privately held. Learn more about OSIsoft and the PI System at www.osisoft.com.
About Energy Metrics
Headquartered in New York City and privately held, Energy Metrics is a leader in optimizing the infrastructure life cycle of buildings and data centers. Energy Metrics develops specialized applications around OSIsoft’s technology and offers a portfolio-wide intelligent platform that dynamically monitors, connects and optimizes infrastructures to reduce energy, and minimize costs and risks. Energy Metrics customers include global companies in industries such as Financial, Telecom and Internet-based businesses. The platform helps tie customers’ business missions to facility goals and helps organizations develop portfolio-based strategic decision-making processes.