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OSIsoft Announces Its Participation with SAP in the Korean Jeju Smart Grid Test-Bed Project

2010-08-26 16:32
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OSIsoft and SAP Korea Cooperate to Deliver Smart Grid Offering for Smart Grid Test-Bed Project in Korea

SAN LEANDRO, Calif.--(BUSINESS WIRE)--OSIsoft, LLC (www.osisoft.com), the leader in real-time data infrastructure solutions, today announced its collaboration with SAP Korea on the KT Jeju smart grid test-bed project. The goal of the Jeju smart grid project is to help companies operate more efficiently with flexibility and adaptability through the establishment of a smart grid in Korea. OSIsoft and SAP will provide solutions to KT for the duration of the Jeju smart grid test-bed project, including OSIsoft Meter Data Unification and Synchronization (MDUS) offerings and SAP® for Utilities solutions. The companies involved in the Jeju smart grid demonstration project will verify the functionality and performance of smart grid solutions from OSIsoft and SAP.

Through this Korean government initiative, Korean businesses are being encouraged to establish sustainable “green” growth of their core businesses through adoption of a smart grid. $191 million USD is to be invested in the Jeju smart grid demonstration project through joint investments from the government and private businesses, with a smart grid infrastructure to be recommended by May 2011. The project will then progress through a two-year period that includes infrastructure construction and an integrated operational phase. The ultimate goal of the project is to develop the Korean smart grid model, while testing and evaluating related technologies under real-life conditions.

“OSIsoft MDUS and SAP for Utilities provide real-time data in milliseconds to manage demand response and coordinate effective power exchange,” said Ms. Lee Jisun, manager, Central R&D Lab, KT. “The configuration is simple and the user interface is easy to use.”

SAP is establishing a connection to digital meters using the OSIsoft MDUS offering, an SAP-endorsed business solution. Through the connection, the compatibility, functionality and process availability of SAP solutions and OSIsoft MDUS products will be verified.

“OSIsoft has been a leader in providing real-time infrastructure for the smart grid,” said C.S. Lui, OSIsoft VP Asia Pacific Sales. “Demand response solutions require a complete picture of what is happening in all aspects of the smart grid in real-time. This is what OSIsoft is providing from generation, transmission and distribution to the smart meter.”

OSIsoft MDUS integrates advanced metering infrastructure (AMI) head-end systems with SAP for Utilities solutions. Used in combination with SAP AMI Integration for Utilities software, OSIsoft MDUS makes it feasible for customers to obtain real-time meter data from the smart grid. This allows customers to benefit from capabilities on the smart grid, such as optimized meter to cash, extended customer service, time of use billing and demand-side management.

“SAP has been increasing the efficiency in the energy and utilities industries for the past 30 years through the delivery of innovative enterprise software and platforms,” said Won-Joon Hyoung, managing director of SAP Korea. “The SAP AMI Integration for Utilities ensures the seamless process and data integration with OSIsoft MDUS through standardized interfaces. This optimized interoperability is a key prerequisite for the successful implementation of holistic smart grid solutions. More importantly, KT’s team was the only consortium that demonstrated a working solution built with SAP solutions that will be demonstrated in front of the delegates from the Group of 20 (G20) later this year.”

About OSIsoft, LLC

OSIsoft (www.osisoft.com) delivers the PI System, the industry standard in enterprise infrastructure, for management of real-time data and events. With installations in 107 countries spanning the globe, the OSIsoft PI System is used in manufacturing, energy, utilities, life sciences, data centers, facilities, and the process industries. This global installed base relies upon the OSIsoft PI System to safeguard data and deliver enterprise-wide visibility into operational, manufacturing and business data. The PI System enables users to manage assets, mitigate risks, comply with regulations, improve processes, drive innovation, make business decisions in real time, and to identify competitive business and market opportunities.

Founded in 1980, OSIsoft, LLC is headquartered in San Leandro, CA, with operations worldwide and is privately held. Learn more about OSIsoft and the PI System at www.osisoft.com.

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Contacts

OSIsoft
Larry Keefe, 585-721-2233
lkeefe@osisoft.com