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Freebase(0.00 / 0 votes)Rate this definition: OSIsoft. OSIsoft, LLC is a worldwide manufacturer of Application software for real-time data infrastructure solutions, called the PI System. Founded in 1980, OSIsoft, LLC is privately held and headquartered in San Leandro, CA, with operations worldwide.
The PI System is a suite of software products that are used for data collection, historicizing, finding, analyzing, delivering, and visualizing. It is marketed as an enterprise infrastructure for management of real-time data and events. The term PI System is often used to refer to the PI Server but the two are not the same. The PI System refers to all OSIsoft software products whereas the PI Server is the core product of the PI System. Data can be automatically collected from many sources (control systems, lab equipment, calculations, manual entry or custom software).