OSIsoft was awarded the Presidential “E” Award for Exports by U.S.
Department of Commerce Secretary John Bryson at the White House in
Washington, D.C. The “E” Awards are the highest recognition any U.S.
entity may receive for making a significant contribution to the
expansion of U.S. exports.
“Exporting continues to be a key component of our sales growth, and we
are honored to receive the “E” Award,” said J. Patrick Kennedy,
OSIsoft’s CEO and founder. “We have been doing business internationally
since 1980 and have been exporting our product, the PI System, since
1986. Today we export the PI System to over 110 countries. Exports are a
very important component of our growth and today represent over 50
percent of our business. Our employees are an important component of
this growth; since 2007 we have added nearly 200 new positions in the
U.S.”
OSIsoft, headquartered in San Leandro, California, develops the PI
System — a streaming data and event management software product for use
in manufacturing, energy, utilities, life sciences, data centers,
facilities and the process industries. OSIsoft customers use the PI
System to run their operations more effectively.
“I am pleased to recognize OSIsoft for receiving the President’s “E”
Award, which honors companies that make significant contributions toward
increasing U.S. exports,” said U.S. Commerce Secretary John Bryson.
“This Administration is committed to leveling the playing field for
American businesses and workers to help U.S. companies build things here
and sell them around the world. “E” Awards winners like OSIsoft have
excelled in this effort, demonstrating four years of successive export
growth. It is companies like this that are helping to grow our economy
and put more Americans back to work.”
A business client of the Department’s U.S. Commercial Service, OSIsoft
has benefited from export counseling, trade missions, market research,
advocacy programs, and business matchmaking to greatly expand its export
sales. Europe represents a significant portion of the company`s foreign
market sales, and over the past few years the business has expanded
significantly in other key markets such as Asia and Latin America.
OSIsoft demonstrated a substantial increase in the volume of exports
over a four-year period, a major criteria for the award.
U.S. companies are nominated for the “E” Awards through the U.S.
Commercial Service office network in 108 U.S. cities and more than 75
countries which helps U.S. companies export. The primary criterion for
the “E” Award is four years of successive export growth or of supporting
the export growth of others. “E” Awards are awarded to applicants that
can demonstrate a significant contribution to U.S. export expansion that
is measurable, innovative, sustainable, and has broad impact.
All nominations are reviewed by the “E” Award Committee, which is
chaired by the Department of Commerce, and includes representatives of
ExIm Bank, the Small Business Administration, and the Departments of
Agriculture, Labor, State, and Transportation.
This year marks 50th anniversary of the first presentation of the
President’s “E” Award by President John F. Kennedy. The President’s “E”
Award was created by Executive Order in 1961 to encourage U.S. companies
to sell their products abroad. A second award, the President’s “E Star”
Award, was authorized by the Secretary of Commerce in 1969 to recognize
“E” Award recipients for their continuing significant contributions to
U.S. export expansion.
A total of 41 U.S. companies and organizations were presented with the
“E” Award at the May 17, 2012 World Trade Week ceremonies in Washington
DC.
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 110 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.
CONTACTS :
OSIsoft, LLC
Mike Dupuis, +1-510-297-5824
mdupuis@osisoft.com <mailto:mdupuis@osisoft.com>
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