OSIsoft

OSIsoft
NIST Sector	Data
GICS Industrial	Software & Services
Smart Tag(s)
Business type	Private
Year Founded	1980
Founder(s)	J. Patrick Kennedy Michael Siemer
City, State	San Leandro CA
Country	United States
Region Served	Worldwide
Executives	J. Patrick Kennedy Michael Siemer
Revenue	$100 million€ 88 <br />£ 74 <br />CA$ 127 <br />CNY 633 <br />KRW 122.545 <br />
Number of employees	1300
Sponsorship Level	Of Interest

Members

OSIsoft, LLC is a manufacturer of application software for real-time data management, called the PI System. Founded in 1980, OSIsoft was privately held and headquartered in San Leandro, California. In August 2020, it was announced that the UK-based production company AVEVA agreed to buy OSIsoft in a deal worth $5 billion; the purchase was subsequently completed on 19 March 2021 for a final consideration of £3,831.4 million.

Activities

		Chula Vista Smart Waterfront
		The Chula Vista smart waterfront is a 535 acre joint development by City of Chula Vista and the Port of San Diego – currently the largest waterfront development project on the U.S. West Coast. The development is groundbreaking in its approach to energy efficiency in (1) targeting 50 percent reduction in annual energy use for the development and (2) each building performing at least 15 percent better than Title 24 requirements in the California Building Energy Efficiency Standards. Recognizing the need to monitor and control this new energy infrastructure, the Bayfront project also focuses on the communications network technologies and smart infrastructure solutions that will provide operational efficiency, sustainability, and economic development opportunities for the City. The Project team, led by Black & Veatch, is focused on evaluating the three major components of energy, telecom, and smart infrastructure – determining solutions that will meet the aggressive energy goals and provide a foundational, scalable approach to future communications and smart city applications.
		Pittsburgh building portfolio cyber-secure, real-time utility data integration and AI analysis
		This project is expanding on a successful 5 building pilot with the City of Pittsburgh to integrate most of the 167 city building’s real-time (15 minute interval) utility and usage data in the BuildFit application and BOSS Controls Smart Plugs. Using visualizations and artificial intelligence algorithms developed at the Carnegie Mellon University (CMU) School of Architecture (SOA), BuildFit will then provide recommendations for utility savings, sub-metering and indoor environmental quality (IEQ) optimization. The project will also allow for comprehensive support for the Pittsburgh Building Benchmarking Ordinance and Regional Energy Strategy (Power of 32) and 2030 District Challenge to improve energy resiliency and efficiency. Another important feature of the software and hardware components of this project will be defining and implementing the cyber security standards for smart building components and software in conjunction with NIST and other key government agencies. This will also include the first Smart Building/Smart City independent training, testing and certification lab at the Energy Innovation Center in Pittsburgh, PA