OSIsoft, Inc. and Schneider Electric S.A. announced a strategic technology agreement to provide an innovative and comprehensive energy management solution. The joint solution combines Schneider Electric's energy management expertise with the streaming data and event management capabilities of OSIsoft's PI System. Schneider Electric will offer the solution, which provides a way to collect, store and aggregate large volumes of a data with high speed access for analytics via the StruxureWare software suite, to building owners and managers, architects, and IT Managers.

The OSIsoft PI System infrastructure is widely used in many industries providing easy, secure and reliable access to operational and manufacturing data. The data is leveraged by enterprises to drive operational excellence, provide situational awareness and tackle global enterprise mandates such as energy management and more globally, sustainability. Schneider Electric's comprehensive EcoStruxure active energy management architecture portfolio offers a single point of access that connects five domains of business expertise - power, data centers, process and machines, building control, and physical security - all within an open and flexible technology framework.

The EcoStruxure architecture is focused on managing all energy-consuming building assets, such as HVAC, lighting, security and reducing energy waste generated from Information Technology assets, including PCs, and other IT devices. StruxureWare is the software backbone that connects Schneider Electric's comprehensive EcoStruxure energy management architecture portfolio. From a single point of access, it provides intelligent monitoring, automation, planning and reporting on critical facility management systems. OSIsoft's PI System will be an important component of monitoring and managing energy consuming assets and empowering data-driven decisions through the StruxureWare Software suite.