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OSIsoft

Other B2B Software · San Leandro, United States · Founded 1980

OSIsoft, now part of AVEVA, specializes in operational intelligence through its flagship product, the PI System. This data management platform is designed to collect, analyze, and visualize real-time data from industrial operations. The PI System is particularly valuable for industries that rely heavily on continuous operations, such as energy, manufacturing, utilities, and pharmaceuticals. The company operates in the industrial software market, providing solutions that help businesses transform raw data into actionable insights. This is crucial for optimizing operations, improving efficiency, and reducing downtime. OSIsoft's clients include some of the most essential industries, and the company boasts a high customer retention rate, with 24 out of its first 25 customers still using the platform after decades. OSIsoft's business model revolves around software licensing and subscription services. Clients pay for access to the PI System, which can be deployed on-premises, at the edge, or in the cloud. The company also offers additional services such as training, consulting, and technical support to help clients maximize the value of their data. Revenue is generated primarily through these software licenses and subscriptions, but the company also benefits from long-term service contracts and partnerships. By enabling clients to securely collaborate with partners, vendors, and customers on any device, OSIsoft ensures that its solutions are both versatile and scalable. In summary, OSIsoft provides a robust data management platform that turns complex, siloed information into operational intelligence, helping industries optimize their processes and make informed decisions. Keywords: Operational Intelligence, Data Management, Real-time Data, Industrial Operations, PI System, Predictive Maintenance, Energy, Manufacturing, Utilities, Pharmaceuticals.