FEBRUARY 2016 – OPTIMIZING THE FUTURE BY LEVERAGING THE PAST

The data historian has evolved. Since its introduction in the 1980s, the historian has transitioned from a simple repository of production data to a treasure trove of operational and business intelligence. Whether required by regulatory fiat or deemed necessary for emergency backup, the historian was originally a cost center in the eyes of many and offered what was generally viewed as limited application value. Storage was expensive, so data was limited. That calculus has changed as the cost of data has dropped and the value of analytics has soared.