Press release
19 April 2018
Espoo, Finland - Nokia and OSIsoft, a leader in operational intelligence, have signed an agreement to develop new business models that will incorporate deep integration of IoT data and pervasive connectivity with private LTE. By combining Nokias LTE-based digital automation cloud technology with data infrastructure technologies from OSIsoft, enterprises will be able to deploy powerful infrastructure for predictive maintenance and improved communication.
OSIsofts PI System transforms the vast data streams generated by sensors and other devices into rich, real-time insights so companies can improve productivity, make critical decisions or create connected products. The Nokia Digital Automation Cloud offers OSIsoft and its customers subscription-based flexible and private mobile broadband (LTE/4G) to enable fast data transfer and powerful analytics.
For the collection and analysis of large quantities of data, sensors must be connected within a secure and reliable high-capacity network with local computing capabilities. This is a prerequisite for displaying meaningful information to users, for machine learning and for fast decision making.
The combination of Nokia and OSIsoft technologies can be applied to many kinds of businesses and industries. Energy companies, for example, will be able to use these technologies to predict mechanical problems inside wind turbines to minimize repair costs and downtime, or to develop next generation grids where renewables, energy storage and smart buildings fluidly interact.
The partnership between Nokia and OSIsoft will respond to these evolving needs with a pervasive digital automation solution that delivers the real-time information all company assets require to perform holistically.
Stephan Litjens, head of Nokia Digital Automation, said: It is a great opportunity for us to work with OSIsoft given their large footprint in the energy market. Our new solution for digital automation will make it possible for OSIsoft to connect to more sensors and machines, collecting data for processing and analytics to make their clients business more efficient and productive. One key benefit of the Nokia Digital Automation Cloud is its ability to let users fully control and steer their data and flexibly increase capacity and reach as usage goes up.
Heath Howland, Director of Research and Innovation at OSIsoft, said: The size, scope, growth and impact of industrial Internet of Things data will be larger than people imagine. While the data is incredibly valuable, it must be delivered in a timely way, with context, and in a format that people understand and can act upon. Were very excited to work with Nokia, as together our complementary technologies will help companies provide the foundation for digital transformation.
Join Nokia at the Hannover Messe - the worlds leading trade show for industrial technology
23-27 April in Hall 8, stand A07
Discover how our solutions make factories, supply chains and utilities more agile, efficient and profitable. Digital transformation is the catalyst for the Fourth Industrial Revolution and our wireless, cloud, IoT and intelligent software solutions empower innovation. More about Nokia at the Hannover Messe.
Join OSIsoft in PI world, your opportunity to learn how to turn data into insights using the OSIsoft PI System
23-27 April, San Francisco US
From customer presentations to hands-on labs, this event provides you the opportunity to ask questions and find solutions with others in the community. Now is the time to Transform Your World with Data! Register to PI World.
Resources:
Nokia digital automation homepage
Nokia news studio broadcast about digital automation on demand including OSIsoft
OSIsoft
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About OSIsoft For over 37 years, OSIsoft has been dedicated to helping people transform their world through data. Our software turns the vast data streams from sensors and other devices into rich, real-time insights for reducing energy, improving productivity or developing new products. Youll find the PI System in oil refineries, mining sites, wind farms, national labs, pharmaceutical manufacturing facilities, distilleries, data centers and even stadiums helping people save energy, increase productivity or develop new products and services. Worldwide, the PI System handles more than 1.6 billion sensor-based data streams. To learn more, please visit www.osisoft.com. About Nokia
We create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers with the industrys most complete, end-to-end portfolio of products, services and licensing.
We adhere to the highest ethical business standards as we create technology with social purpose, quality and integrity. Nokia is enabling the infrastructure for 5G and the Internet of Things to transform the human experience. nokia.com
Media Inquiries:
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Phone: +1 510 877 9331
Email: media@osisoft.com
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Phone: +358 10 448 4900
Email: press.services@nokia.com
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