Open Systems International Explained

OSI
Type:Private
Area Served:Worldwide
Key People:Bahman Hoveida
President & CEO
Industry:Utility Automation
Num Employees:1000 (2020)
Foundation:1992
Location:Medina, Minnesota

Automatic Systems International, Inc. (ASI), or Open Systems International (OSI) is an automation software company headquartered in Medina, Minnesota, with international offices in Canada, Colombia, Spain, India, Dubai, Australia, Singapore, and China. Founded in 1992, OSI is privately held and employee-owned.[1] The company's systems are used for the real-time management and optimization of production, transport, and delivery networks for utilities in the electric, oil and gas, transportation, and water industries. The company's core real-time OT platform has been successfully implemented at more than 550 installations worldwide.

History

OSI was founded in May of 1992 by Bahman Hoveida and Ron Ingram, who continue to serve as leaders of OSI's executive team to this day.

In 2009, OSI began construction of a $20 million eco-friendly corporate headquarters building in Medina, MN.[2] The building was awarded the U.S. Green Building Council's LEED GOLD certification.[3]

In 2015 and 2016, OSI made Inc. 5000's list of fastest-growing companies in America after experiencing 73 percent growth, with total revenue of $62.9 million.[4]

In 2020, Emerson Electric Company announced an arrangement to purchase Open Systems International for $1.6 billion.[5]

Products

OSI maintains many energy software products, including the first productized and modular automation and applications platform based on an IT enterprise applications paradigm; the first Intel-based energy management system based on the Microsoft Windows platform in the 1990s, then the first platform on Linux in the early 2000s; the first totally independent multi-platform automation architecture capable of running on any prominent hardware, operating system, or relational database; the first comprehensive advanced user interface and situational awareness system for transmission, distribution, and generation operators; the first Linux-based secure remote terminal unit; the first advanced intelligent alarming system in the mid-2000s; and the adoption of big data technology and no-SQL database technologies to bring to market the industry's first big data historian.

Today, OSI provides open automation, network management and optimization products worldwide. The company offers supervisory control and data acquisition (SCADA) systems, energy management systems (EMS), generation management systems (GMS), distribution management systems (DMS), substation automation systems (SAS), data warehousing (historian) analytics, distributed energy resource management systems (DERMS), situational awareness systems, pipeline network management systems (NMS) and individual software and hardware products for utility operations. It also offers a cloud architecture serving SCADA, EMS, GMS, DMS and other smart-grid products such as demand response, renewables management, volt/VAR control and asset monitoring applications.[6] OSI systems manage nearly 20 percent of the world's energy supply, transport and delivery.[7]

See also

External links

Notes and References

  1. Web site: Corporate overview. osii.com. 9 August 2016.
  2. Web site: Open Systems International to build $20M HQ in Medina. bizjournals.com. 9 August 2016.
  3. Web site: Environmental impact. osii.com. 9 August 2016.
  4. Web site: Inc. 5000 2015: The Full List. inc.com. 9 August 2016.
  5. Web site: Emerson Expands Commitment to Advanced Software Solutions with Agreement to Purchase Open Systems International . emerson.com . 27 August 2020.
  6. Web site: Company Overview of Open Systems International, Inc.. bloomberg.com. 10 August 2016.
  7. Web site: Homepage. osii.com. 9 August 2016.