PSI delivers ERP system to Wikora GmbHPSIpenta will control production in Hermaringen factory

Berlin, 22 May 2017 – PSI subsidiary, PSI Automotive & Industry GmbH, has been contracted by the Wikora GmbH for the implementation of the ERP system PSIpenta in their factory in Hermaringen. The current systems will be replaced by the integrated software solution.

The scope of delivery includes the PSIpenta modules order and contract management, manufacturing execution system (MES) components, shop floor data collection, product configurator, supply chain management, finance and sales planning.

Wikora selected the ERP standard as a result of PSI’s high level of production expertise. With the implementation of the new, integrated solution, the company aims for technological and functional security for the future and to optimally control its production processes.

Read more...

Basel-based IWB is taking the PSI energy optimisation platform into operation

TS-Energy for the management of hydroelectric power plants and gas procurement contracts

Berlin, 19 May 2017 –The Basel-based energy supply company IWB is aiming for full supply from renewable sources in the long term. With intelligent products and services, IWB harmonises production and consumption. For this purpose, the company is relying on the energy optimisation platform TS-Energy of the Swiss PSI subsidiary Time-steps AG, which IWB is now putting into operation.

IWB has decided in favour of Time-steps in a corresponding invitation to tender. In addition to supplying the optimisation platform TS-Energy, the contract also includes services for the commissioning of the entire system as well as a modelling of the power plant and gas procurement portfolio. Currently the system is in the productive testing phase.

With the use of TS-Energy, IWB is using a well-established system to ensure the operational management of hydroelectric power plants, the management of gas procurement contracts and the optimisation of the entire energy procurement portfolio in the long term.

On the basis of its own software products, PSI AG develops and integrates complete solutions for energy management (energy networks, energy trading), production management (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs more than 1,600 persons worldwide. www.psi.de

PSI gets year off to a good start thanks to high order volume from industry

PSI gets year off to a good start thanks to high order volume from industry

- New order volume climbs 11 % to a new record value of 78 million euros

- EBIT increased by 20 % to 2.6 million euros

- First US orders received in the area of software for energy grids

Performance indicators (KEUR)

01 Jan - 31 Mar 2017 01 Jan - 31 Mar 2016 Change
Revenue 43,784 42,589 +2.8%
EBIT 2,607 2,181 +19.5%
Group EBIT 1,775 1,396 +27.1%
Earnings per share (EUR) 0.11 0.09 +22.2%

Berlin, 27 April 2017 – PSI Group increased its new order volume by 11 % in the first quarter of 2017 to a new record value of 78 million euros (31.03.2016: 70 million euros); the order backlog on 31.03.2017 was, at 163 million euros, 4 % above the figure for the previous year (31.03.2016: 157 million euros). Primarily thanks to growth in industrial business, group sales improved by 3 % to 43.8 million euros (31.03.2016: 42.6 million euros), EBIT improved by 20 % to 2.6 million euros (31.03.2016: 2.2 million euros), while the group net result improved by 27 % to 1.8 million euros (31.03.2016: 1.4 million euros).

Energy Management (energy networks, energy trading) attained 1 % higher sales of 15.9 million euros in the first quarter (31.03.2016: 15.8 million euros). The EBIT for the segment improved to 1.5 million euros compared to the previous year (31.03.2016: 1.4 million euros). As a result of the regulatory “shadow year”, the Electrical Grid business recorded a new order value slightly below that of the previous year but succeeded at significantly improving sales in the area of higher combined energy systems and sector coupling. The first multi-client capable management system (network control as a service) was rolled out with a pilot customer on completion. In the USA, PSI was awarded its first two orders for network optimisation software. After establishing a joint-venture with our long-term partner Gazprom avtomatizatsiya, Gas and Oil recorded a revival of new orders in Russia.

Sales in Production Management (raw materials, industry, logistics) in the first three months, with 23 million euros, were 8 % above the level for the previous year (31.03.2016: 21.3 million euros). The EBIT improved by 7 % to 1.6 million euros (31.03.2016: 1.5 million euros). The Metals and Automotive Industry businesses were able to significantly increase their volume of orders, particularly through follow-up orders from group-wide contracts with further potential. In the form of the Mining, Metals Industry, Automotive Industry and Logistics businesses, all areas of Production Management contributed towards improving sales and earnings. All products of the segment are currently being presented at the Hanover Fair 2017 as an integrated Industry 4.0 cloud-based solution.

In Infrastructure Management (transportation and security), sales decreased by 13 % to 4.8 million euros (31.03.2016: 5.5 million euros), while the EBIT improved to –0.1 million euros (31.03.2016: –0.4 million euros). Although the Public Transport business and PSI Poland were able to improve both sales and earnings, PSI in Southeast Asia recorded another slow start in hardware business. Nevertheless, PSI anticipates an improvement over the course of the year and recorded significant progress in Smart City software projects while continuing to actively push the reduction of old risks in countries with a high dependence on raw material prices.

Read more...

Gazprom grants acceptance for the core software of the central control system supplied by PSI

Berlin, 12 April 2017 – Within the scope of the modernisation of its central control system for Gazprom’s general gas transmission system in the Russian Federation, PAO Gazprom has accepted delivery of the core software supplied by PSI. Gazprom had decided to modernise its central dispatching system using a solution based on the PSI software. A respective tender was won jointly by PAO Gazprom avtomatizatsiya and PSI. Accordingly, PSI supplied several software components for the central management level and for the 27 subsidiaries of Gazprom. The delivered software was specially adapted and enhanced to meet Gazprom’s requirements. Approval has now been granted for productive testing of the overall system.

Alongside the software components that were all adapted and enhanced to meet Gazprom’s requirements (PSIcontrol/CPDD, PSItransport, PSIcomcentre and PSIlvisserver for the central management level as well as PSIcontrol/CPDDconnect and PSIcomcentre for the subordinate 27 Gazprom subsidiaries), the order also included services in the areas of system project planning, system engineering, and commissioning of the overall system. The system is currently in the productive testing phase.

Read more...

Mr. Harvinder Singh,
Ernst & Young
Technology Entrepreneur
Of The Year

Read More

 

PSI INCONTROL
(formerly known as INCONTROL TECH or iTEC)

An engineering company who understands that engineering solutions are much more than just using good tools. Solutions for Automation, Control and Protection are like constructing a building. Just taking the best bricks, steel and concrete will not give you the best looking building. You need an architect who understands how to bring them together into a reliable, world class solution.

inCONTROL-Tech


You are here: Home