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OSIsoft Blogs

Sameer Kalwani Heathcliff Howland
Dec 3, 2019

Sameer Kalwani

Heathcliff Howland

OSIsoft customers know they need Asset Frameworks. But few are deploying them. Why?

OSIsoft customers across a spectrum of industries see a huge need for Asset Frameworks for their PI System data. Despite this, only a small percentage have deployed these capabilities. Companies that are using asset frameworks generally aren’t happy, complaining about the lack of quality and consistency. And few companies – less than one in five – have taken steps to make their asset frameworks more valuable by adding data related to quality, financials and other metrics.

So, what is the hold up on AF Adoption? What are the challenges? More importantly, what are the solutions?

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A Tale of Two Cities

The similarities to the Dickens novel are sparse: our data is imprisoned, we are at the beginnings of a revolution that has been a long time coming, and the cities are Barcelona and Madrid.

I am one month in to joining Element and as part of that spent two weeks in Spain to see the ecosystem and conferences of two of the partners I manage: OSIsoft and Honeywell. Element was incubated out of OSIsoft and is a close technology partner and Honeywell invested in Element’s Series A round.

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What Your Peers Think About Digital Transformation

Industrial companies are becoming increasingly seasoned and sophisticated in their exploration of data analytics. They’re aware of – and intrigued by – the promise of analytics but are increasingly focusing on getting down to business, encountering challenges and asking tough questions.

This means confronting cultural barriers (i.e. “this is how it’s always been done”) and working to ensure the broad availability of data and analytics (versus making them available only to an organization’s most motivated groups). They’re also moving away from addressing narrow challenges with data and instead treating data as a powerful, broadly applicable and dynamic asset. To first-movers in the industrial sector, data is an asset on par with capital, equipment or personnel.

These are some of the findings from Element Analytics’ workshop, “Digital Transformation Readiness” at the recent OSIsoft PI World.

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