Disclosed is a method and system for developing a virtual sensor for determining a parameter from a set of data for performing a specific function in a distributed network. The method includes collecting the set of data from one or more sensing unit, processing the collected set of data, creating a distributed knowledge database containing the pre-processed set of data, determining the parameter based upon the processed set of data in the distributed knowledge database, performing a specific function using the parameter, wherein the virtual sensor selects at least one intelligent agent for performing the specific function in the distributed network.
Please help me write a proper abstract based on the patent claims. CLAIM: 1. A computer implemented method for developing a virtual sensor for determining a real time or offline parameter from a set of data, wherein the parameter is used for performing a specific function in a distributed network, the computer implemented method comprising, collecting the set of data from one or more sensing unit in the distributed network; processing the collected set of data; creating a distributed knowledge database containing the processed set of data, wherein the distributed knowledge database is shared over the distributed network; determining the parameter based upon the processed set of data in the distributed knowledge database; and performing a specific function using the parameter, wherein the virtual sensor selects at least one intelligent agent for performing the specific function in the distributed network. 2. The computer implemented method as claimed in claim 1, wherein the virtual sensor comprises a hardware platform module for determining structure of the one or more sensing units. 3. The computer implemented method as claimed in claim 1, wherein the virtual sensor comprises a retrain module for updating the virtual sensor with new data from the one or more sensing units. 4. The computer implemented method as claimed in claim 1, wherein the specific function comprises at least one of control function, and automation function. 5. The computer implemented method as claimed in claim 1, wherein the set of data comprises data comprising temperature, pressure, power factor, downtime, quality parameters, and PH. 6. The computer implemented method as claimed in claim 1, wherein the one or more sensing unit is a physical sensor. 7. The computer implemented method as claimed in claim 1, wherein the one or more sensing unit is a virtual sensor. 8. The computer implemented method as claimed in claim 1, wherein the distributed knowledge database is stored on a server. 9. A system for determining a real time or offline parameter from a set of data, wherein the parameter is used for performing a specific function in a distributed network, the system comprising: one or more processors; a memory comprising a virtual sensor and executable by the one or more processors to perform the steps of— collecting the set of data from one or more sensing unit in the distributed network; processing the collected set of data; creating a distributed knowledge database containing the processed set of data wherein the distributed knowledge database is shared over the distributed network; determining the parameter based upon the processed set of data in the distributed knowledge database; and performing a specific function using the parameter, wherein the virtual sensor selects at least one intelligent agent for performing the specific function in the distributed network. 10. The system as claimed in claim 9, wherein the virtual sensor comprises a hardware platform module for determining structure of the one or more sensing units. 11. The system as claimed in claim 9, wherein the virtual sensor comprises a retrain module for updating the virtual sensor with new data from the one or more sensing units. 12. The system as claimed in claim 9, wherein the specific function comprises at least one of control function, and automation function. 13. The system as claimed in claim 9, wherein the set of data comprises data such as temperature, pressure, power factor, downtime, quality parameters, and PH. 14. The system as claimed in claim 9, wherein the one or more sensing unit is a physical sensor. 15. The system as claimed in claim 9, wherein the one or more sensing unit is a virtual sensor. 16. The system as claimed in claim 9, wherein the distributed knowledge database is stored on a server. 17. A computer program product computer program product comprising executable instructions which, when executed by one or more processors, cause the one or more processors to carry out the steps of: collecting the set of data from one or more sensing unit in the distributed network; processing the collected set of data; creating a distributed knowledge database containing the processed set of data, wherein the distributed knowledge database is shared over the distributed network; determining the parameter based upon the processed set of data in the distributed knowledge database; and performing a specific function using the parameter, wherein the virtual sensor selects at least one intelligent agent for performing the specific function in the distributed network.