Energistics Signs Collaboration MOU with The Open Group News provided by Share this article Share this article HOUSTON, Jan. 12, 2021 /PRNewswire/ -- Today, the Energistics Consortium and The Open Group signed a Memorandum of Understanding (MOU) that enables their respective Members to collaborate more closely. This will ensure that the Energistics standards evolve to meet the requirements of The Open Group OSDU™ Data Platform. Established in 2018, The Open Group OSDU™ Forum is a volunteer consensus-based Energy industry group consisting of over 175 Member companies. Its 1,300 participants have worked together to build a single cloud-based, open source platform for all energy data. This platform will eliminate existing barriers to data sharing – empowering the Energy industry to make faster, better informed business decisions. From the outset, the central tenet of the OSDU Forum has been to create a data platform backed by a standards-based ecosystem that provides OPEX and CAPEX benefits to energy operators and opens new opportunities to suppliers.