OSISOFT, LLC
SAN LEANDRO, CA

TEPCO Group and OSIsoft Enter MOU to Collaborate on IIoT New commercial relationship seeks to accelerate the adoption of IIoT technologies across TEPCO Group companies including TEPCO F&P, PG, EP. TEPCO will initially deploy OSIsoft's PI System for predictive maintenance and improved thermal efficiency in power plants. TEPCO will look to develop new IoT products and services with OSIsoft technologies for external customers. Tokyo Electric Power Company Group (“ ”) and OSIsoft LLC today announced that they have signed a memorandum of understanding to deploy Industrial Internet of Things solutions for TEPCO Group companies. Under the collaboration, TEPCO Group companies will integrate OSIsoft's PI System into its operations to improve efficiency and help TEPCO achieve its social responsibility goals. TEPCO Group will also explore ways to create new products and services with OSIsoft technologies domestically and overseas. TEPCO will initially deploy technology under the MOU in thermal plants for predictive maintenance and improved thermal efficiency. TEPCO has already validated the performance of the PI System in projects with its power generation company “TEPCO Fuel and Power” and its general power transmission and distribution company “TEPCO Power Grid”. “Digital technologies will play an increasingly important role in meeting the energy demands of customers and society as a whole. Achieving our goals will require innovative breakthroughs in data analysis and operations management,” said Masafumi Tanaka, the General Manager for TEPCO's Business Innovation Taskforce. “We look forward to working with OSIsoft, which has been a leader for over 35 years in helping customers achieve actionable insights and operational excellence through data.” OSIsoft's PI System is one of the world's most widely used technologies for the Industrial Internet of Things with over 1.5 Billion data streams licensed across 19,000 sites and 125 countries. The PI System captures data from sensors, industrial equipment and other devices and transforms it into rich, real-time insights that engineers, executives and partners can use to reduce costs, optimize production, improve safety or meet critical goals such as reduced emissions. PI System data can also be quickly transformed and “shaped” for big data and analytics platforms for predictive analytics or business intelligence, enabling companies to bridge the OT-IT gap and accelerate their digital transformation strategies. Some of the world's largest organizations-including over 1,000 leading utilities, 95 percent of the largest oil and gas companies and more than 65 percent of the Fortune 500 industrial companies--rely on the high-fidelity insights from the PI System to manage their businesses. TEPCO is a holding company providing electrical utility services to Tokyo and other communities. TEPCO companies serve nearly 30 million customer accounts and employ over 33,000 individuals. 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. We deliver an open enterprise infrastructure, the PI System™, to connect sensor-based data, systems and people. The result: real-time, actionable insights that empower companies to optimize and transform their business. See how OSIsoft customers are transforming their world with data. At OSIsoft, supporting our customers' journey to operational excellence is at the core of everything we do. It's why we've grown from a data historian software startup in 1980 to a global leader. It's why we focus solely on delivering a single transformational product - the PI System. And why 90% of our original customers are with us to this day. Visionary team for an innovative company OSIsoft is a privately held company founded in 1980 by inspiring industry pioneers. They recognized early on the importance of sensor-based data for creating operational efficiencies and improving business performance. We are proudly committed to community service and employees engaging in their local communities across all our worldwide locations. Work for a company of engineers OSIsoft is home to engineering diversity and excellence. Join us as an intern, recent graduate or experienced professional. The History of OSIsoft OSIsoft is a company whose purpose has remained constant since 1980: to empower our customers' business transformation by delivering greater value into the enterprise. At OSIsoft, supporting our customers' journey to operational excellence is at the core of what we do. It's why we constantly evolve the PI System™ open infrastructure for the people, industries and organizations we serve. It's why we support every customer's systems and team with our experienced engineers. It's why we've grown from a small data historian software company to a global leader in operational intelligence. And why 95% of our first customers still use the PI System today. Pat Kennedy, founder of OSIsoft, and the Real-time Data Infrastructure OSIsoft Through the Years Dr. J. Patrick Kennedy establishes OSIsoft, LLC (formerly Oil Systems, Inc.) in October. Privately held and family owned, OSIsoft strives to focus on the community of people that surround it. The first PI System debuts. Established to meet immediate needs of early customers of Oil Systems Inc., the PI System (or Plant Information System) became the first product of OSIsoft, and although the company saw many name changes, the PI System has remained constant.