Process Innovations
- Company typePrivate
- Founded2004
- HeadquartersGolden, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
Process Innovations firmographics
Firmographics- Name
- Process Innovations
- Legal name
- Process Innovations
- Website
- https://processinnovations.io
- Company type
- Private
- Founded year
- 2004
- Operating status
- Acquired
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Process Innovations industry classification
Industry- Product category
- Asset Performance Management Software
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design and Related Services (5415), Other Scientific and Technical Consulting Services (54169), Engineering Services (54133)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Software Engineering & Application Modernization (BPAHAEAD)
- akta.pro secondary industries
- Industrial & Process Engineering Consulting (BPAHAIAF), Software Engineering & Application Development Training (Languages, Frameworks, Testing) (BPAEANAI)
Keywords
Where Process Innovations is headquartered
LocationHeadquarters
- HQ city
- Golden
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Process Innovations business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Licenses and Subscriptions: Process Plugins sold as software licenses and subscriptions. Plugin codes include PPI- prefixes indicating product codes. Subscription tiers include Process Plugins Foundation subscription.
- Professional Services - Consulting: Hourly consulting services for PI System architecture, implementation, maintenance, and training. Rates vary by engineer seniority and on-site vs off-site delivery. Contracted and non-committed options available.
- Training Services: PI System training programs including user training, administrator training, advanced visualization/reporting/integration training, and post-project briefings. Hourly training rates provided.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Principal Engineer/Specialist - On-site: $275/hr committed, $330/hr non-committed; Off-site: $250/hr committed, $275/hr non-committed |
| Other | Pay-as-you-go | Senior Engineer - On-site: $250/hr committed, $315/hr non-committed; Off-site: $215/hr committed, $260/hr non-committed |
| Other | Pay-as-you-go | Application Engineer - On-site: $200/hr committed, $260/hr non-committed; Off-site: $170/hr committed, $205/hr non-committed |
| Other | Pay-as-you-go | Training Rates - Principal: $187-352/hr; Senior: $170-325/hr; Application: $110-300/hr depending on travel time vs training delivery |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Process Innovations product offering
Product offeringCore offering
Process Innovations sells the Process Plugins suite of more than 40 specialized software modules for the AVEVA/OSIsoft PI System that deliver asset performance visualizations, automated reporting, energy market data connectors, and integration middleware. Around these plugins, the company provides PI System consulting, implementation, maintenance, training, technical support, and ProcessBook-to-PI Vision migration services, primarily to power & utilities, oil & gas, manufacturing, chemicals, and water/wastewater operators.
Product overview
Process Innovations is a provider of Asset Performance Management software and services for the AVEVA/OSIsoft PI System. The company's product portfolio centers on Process Plugins—a suite of over 40 software modules for advanced analytics, visualization, and integration. The core offering includes Asset Performance Visualizations (condition monitors for turbines, pumps, compressors, boilers), Dashboards and Reporting tools (PI Vision displays, AF Reports, PI Reports), and Integration components (PI Service Bus, connectors, PI-AI Connector). The company also offers a full range of PI System consulting services including architecture, implementation, maintenance, training, and technical support. Specialized energy market connectors integrate CAISO, PJM, and SPP market data into the PI System. Services are delivered primarily to power & utilities, oil & gas, water/wastewater, and manufacturing industries.
Differentiator
Problem solved
Functional benefit
Products and services
- Process Plugins Software suite of 40+ plugins for the AVEVA/OSIsoft PI System that simplify complex analysis, reporting, and integrations, providing advanced visualizations for asset performance monitoring, automated reporting, and condition-based maintenance analytics for industrial operators.
- Asset Performance Visualizations for the PI System Visualization modules for asset performance analytics, including Steam Turbine Condition Monitor, Combustion Gas Turbine Performance Monitor, and Pump Condition Monitor, for industrial operators running PI System.
- Dashboards for the PI System Dashboard solutions for PI System data visualization, providing PI Vision displays and custom displays for real-time monitoring of asset performance and operational metrics.
- Reporting for the PI System AF Reports and PI Reports for automated report generation and distribution, providing scheduled and on-demand operational reports for PI System users.
- PI Service Bus Integration middleware for PI System that enables data distribution and integration with enterprise systems using standard messaging patterns.
- PI Service Bus Connectors Pre-built connectors for the PI Service Bus that enable quick connection of new data sources and enterprise system integrations.
- PI-AI Connector Connector plugin enabling integration between the PI System and AI/machine learning platforms for advanced analytics capabilities.
- Anotrac (Anomaly Tracking System) Anomaly detection and tracking system for identifying outliers and unexpected patterns in PI System operational data.
- Energy Market Connectors Market data connector plugins for independent system operators including CAISO, PJM, and SPP for energy market price and dispatch data integration with PI System.
- Systems Integration with PI Professional services for integrating PI System data with other enterprise systems including Maximo, Salesforce, SAP, and custom EAM solutions.
- PI System Architecture Consulting services for planning and designing PI System infrastructure including system architecture design and configuration.
- PI System Implementation Full implementation services including installation, configuration, and deployment of PI System solutions.
- PI System Maintenance Ongoing maintenance and troubleshooting services for PI System deployments including updates and performance optimization.
- PI System Training Comprehensive training programs including User Training, Administrator Training, Advanced Visualization/Reporting/Integration Training, and Post Project Briefings.
- Technical Support Customer support services including support ticket submission and direct phone support.
- ProcessBook Migration Services Migration services to transition ProcessBook displays to PI Vision, including expert consulting for complex displays with VBA customizations and ActiveX objects.
Quantifiable outcome
- Service sales increased 6x from 2008-2021
- +2 more outcomes
Companies that use Process Innovations
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Process Innovations technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability4 records
Feature6 records
Process Innovations partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- AVEVA (formerly OSIsoft)coreFlagship technology partnership. AVEVA acquired OSIsoft, whose PI System is the core platform Process Innovations builds upon. Process Innovations is an OSIsoft Integration Partner providing consulting and software services for the PI System ecosystem. The PI System is described as 'the proven system of record for operational data in essential industries' serving 127 countries.
- LT AutomationminorImplementation partner for energy, water, refinery, and pharmaceutical markets. LT Automation provides PI System support and integrations with Schneider, SEEQ, ACLARA, Transpara, COEN, Sigmafine, and others. Offices in Puerto Rico, Houston, and Florida serving Americas.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
Process Innovations competitors and assessment
Company assessmentDirect peers
- Optimate: Operational data consultancy with 20+ years of PI System integration experience. Direct competitor to Process Innovations in industrial IoT consulting and integration, and explicitly listed as a partner of Process Innovations.
- LT Automation: PI System implementation and integration specialist serving energy, water, refinery, and pharmaceutical markets in the Americas. Competes head-to-head with Process Innovations on PI System architecture, implementation, and integration projects.
Broad incumbents
- Aspen Technology: Broad Asset Performance Management and industrial optimization software incumbent with deep overlap into Process Innovations' power, oil & gas, and manufacturing customers; competes via its own APM suite rather than PI plugins.
- AVEVA: Owner of the OSIsoft PI System and the broader industrial software portfolio. As the platform vendor, AVEVA defines the partner economics and roadmap that Process Innovations depends on, and increasingly bundles competing visualization and analytics capabilities.
- Emerson: Global industrial automation and software company (now including former GE Digital APM). Competes in the same power, oil & gas, and manufacturing accounts with broader APM and plant optimization offerings.
- Honeywell Forge: Honeywell's industrial APM and asset performance software suite targeting process manufacturers and utilities; overlaps with Process Innovations' customer base and value proposition.
- Schneider Electric: Industrial automation and EcoStruxure APM platform serving similar power, water, and oil & gas customers; already a named partner in Process Innovations' ecosystem and competes for the same digital transformation wallet.
- Rockwell Automation: Industrial automation incumbent with FactoryTalk and broader APM/analytics capabilities that overlap with Process Innovations' manufacturing and process-industry focus.
- Bentley Systems: Infrastructure and industrial asset performance software vendor with APM offerings for power, water, and process-industry customers adjacent to Process Innovations' verticals.
Emerging players
- Pimsoft (Sigmafine): Data quality and reconciliation software for industrial customers; explicitly partnered with Process Innovations and competes in adjacent PI System use cases around plant data integrity.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Process Innovations social profiles
Digital presenceProcess Innovations financial estimates
Financial estimateRevenue estimate
Valuation estimate
Process Innovations leadership team
Management profileNumber of profiles
Profiles9 records
Process Innovations funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Process Innovations M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Process Innovations
What does Process Innovations do?
Process Innovations sells the Process Plugins suite of more than 40 specialized software modules for the AVEVA/OSIsoft PI System that deliver asset performance visualizations, automated reporting, energy market data connectors, and integration middleware. Around these plugins, the company provides PI System consulting, implementation, maintenance, training, technical support, and ProcessBook-to-PI Vision migration services, primarily to power & utilities, oil & gas, manufacturing, chemicals, and water/wastewater operators.
Is Process Innovations a public or private company?
Process Innovations is a private company. It is classified as corporate owned and is currently acquired.
When was Process Innovations founded?
Process Innovations was founded in 2004. It employs 1 to 10 people.
Where is Process Innovations based?
Process Innovations is headquartered in Golden, United States, in the North America region.
How does Process Innovations make money?
Three revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are professional Services - Consulting and training Services.
Who are Process Innovations's main competitors?
Direct peers on record are Optimate and LT Automation. Broad incumbents are Aspen Technology, AVEVA, Emerson, Honeywell Forge, Schneider Electric, Rockwell Automation and Bentley Systems. Pimsoft (Sigmafine) is listed as an emerging player.
Does Process Innovations have an API?
No public API is recorded for Process Innovations.
What industry is Process Innovations in?
Process Innovations's product category is Asset Performance Management Software. Its primary akta.pro industry code is BPAHAEAD, Software Engineering & Application Modernization, with a secondary code of BPAHAIAF, Industrial & Process Engineering Consulting. Its NAICS code is 541511 and its SIC code is 7371.