Open Systems International

Last updated
OSI
Type Private
IndustryUtility Automation
Founded1992
HeadquartersMedina, Minnesota
Area served
Worldwide
Key people
Bahman Hoveida
President & CEO
Number of employees
1000 (2020)

Open Systems International, Inc. (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 & gas, transportation, and water industries. The company's core real-time OT platform has been successfully implemented at more than 550 installations worldwide.

Contents

History

OSI was founded in May, 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 $20M eco-friendly corporate headquarters building in Medina, MN. [2] The building was awarded the U.S. Green Building Council's LEED GOLD certification. [3]

The central atrium of Open System's International's headquarters in Medina, Minnesota. Open Systems International headquarters.tif
The central atrium of Open System's International's headquarters in Medina, Minnesota.

In 2015 and 2016, OSI made Inc. 5000’s list of fastest-growing companies in America after experiencing 73 percent growth, with a 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 solutions[ buzzword ], 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.[ citation needed ]

Today, OSI provides open automation, network management, and optimization solutions[ buzzword ] 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 solutions[ buzzword ] 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

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References

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