OSIsoft’s PI System is an application-ready data infrastructure that collects and contextualizes operational and product data for real-time insight
PTC and OSIsoft have partnered to integrate the ThingWorx Industrial Internet of Things (IoT) platform with the OSIsoft PI System to help speed IoT solution development.
The integration will allow OSIsoft customers using the PI System data infrastructure to incorporate capabilities from ThingWorx – including application enablement, machine learning, industrial connectivity, and augmented reality.
They would also be able to access applications on the ThingWorx marketplace to more rapidly advance IoT initiatives and enable customers to expand and accelerate their return on investment.
“In the fast-changing world of the Industrial IoT, it’s critical that we continue to offer our customers the latest capabilities for them to maintain a competitive advantage and recognize business value,” said Martin Otterson, senior vice president of customer success, OSIsoft.
“As planned, layering the ThingWorx platform over the PI System data Infrastructure would extend the value that our customers can realise from [it]. The powerful capabilities, market reach, and Industrial IoT leadership position of PTC make it an ideal partner for OSIsoft in the Industrial IoT landscape.”
The OSIsoft PI System is an application-ready data infrastructure that collects and contextualizes operational and product data for real-time insight.
Bringing PI System data into an Industrial IoT platform like ThingWorx enables customers to get more value from the data, such as by establishing predictive analytics models to prevent unplanned downtime with predictive maintenance, building Industrial IoT applications that deliver real-time operational intelligence, and enhancing workforce efficiency through new augmented reality experiences.
“Fundamental to success in the Industrial IoT space is not only the ability to aggregate and contextualize business and operational data in real-time, but also to have capabilities that allow for action and insights off of that data,” added Howard Heppelmann, divisional general manager, connected operations solutions, PTC.
“The collaboration between OSIsoft and PTC would combine the comprehensive Industrial IoT capabilities of ThingWorx with rich PI System data sources to enable faster realisation of more robust and advanced Industrial IoT solutions.”
In addition to the planned technology integration, OSIsoft and PTC expect to identify and pursue joint customer opportunities in operational settings – discrete manufacturing, hybrid manufacturing, oil and gas, utilities, and process manufacturing.
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