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San Leandro and Irvine, CA, USA – September 22, 2014 - Today OSIsoft, the producer of software data infrastructures for real-time operational intelligence, and ETAP, provider of comprehensive enterprise software solutions for electrical power systems, announced a strategic partnership that will enable customers to gain greater operational insights in real-time.
With this partnership, ETAP will offer the OSIsoft PI System with the ETAP Real-Time™ power management solution for continuous monitoring, predictive simulation, optimization, automation and control of electrical power systems for utilities, smart cities, process industries, mission critical facilities, micro-grids, government operations and more.
"This partnership will bring significant value to our mutual customers as it will demonstrate how real-time data can help organizations solve new challenges and thrive in this ever-changing business landscape," said Martin Otterson, OSIsoft Senior Vice President of Sales, Marketing and Industry. “ETAP’s model-driven power systems solution provides online analytics and predictive simulation to ensure intelligent situational awareness.” said Shervin Shokooh, Chief Operating Officer of ETAP. “These real-time decision making processes are particularly data-intensive hence, an effective real-time data infrastructure and event management such as PI System is critical for ensuring that data is available, fast and reliable.” About ETAP Founded in 1986 and headquartered in Irvine, Calif., ETAP is the global market and technology leader in electrical power system modeling, design, analysis, optimization, and predictive real-time solutions. The Company’s software technologies ensure that power systems are designed for optimal reliability, safety, and energy efficiency; when deployed in real-time mode, they enable organizations to manage energy as a strategic asset, maximize system utilization, lower costs, and achieve higher levels of financial stability. To date, tens of thousands of licenses of the Company’s ETAP and ETAP Real-Time products have been used in demanding generation, transmission, distribution, and industrial power system projects around the world.
About OSIsoft, LLC OSIsoft, a global leader in operational intelligence, delivers an open enterprise infrastructure to connect sensor-based data, operations and people to enable real-time and actionable insights. As the maker of the PI System, OSIsoft empowers companies across a range of industries in activities such as exploration, extraction, production, generation, process and discrete manufacturing, distribution and services to leverage streaming data to optimize and enrich their businesses. For over thirty years, OSIsoft customers have embraced the PI System to deliver process, quality, energy, regulatory compliance, safety, security and asset health improvements across their operations. Founded in 1980, OSIsoft is a privately-held company, headquartered in San Leandro, California, U.S.A, with offices around the world. For more information visit www.osisoft.com. Certain names and/or logos used in this document may constitute trademarks, service marks, or trade names of ETAP/Operation Technology or other entities.