PSI Group awarded ISO 27001 certification for information security

Berlin, 22 July 2016 – The PSI Group has been awarded DIN ISO/IEC 27001 certification in accordance with information security management system requirements. Achieving the standard certifies that the Group’s central infrastructure has implemented high security standards that also meet the requirements of critical infrastructure operators – an important customer group for PSI.

As part of the 2015 transition to Group certification, PSI AG and, in particular, several business units in the field of critical infrastructures were awarded certification. The scope of certification includes the development and operation of control systems and software solutions for providers, industry and infrastructure operators as well as the performance of ancillary services. Plans to expand to further business units are set for 2017. Group certification is based on the certification first achieved by PSI subsidiary PSI Logistics GmbH in 2013, which was simultaneously renewed.

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Industry 4.0 from a single source: Primetals Technologies and PSI cooperate on production management solutions for steel industry

- Strategic alliance combines process automation with production management

- Customers receive finely tuned complete solution from a single source

- Goals : Implementation of PSI solutions in plants with equipment from Primetals Technologies as well as modernizations and new plants

Berlin, London, 5 July 2016 – Primetals Technologies Germany GmbH, Erlangen, and PSI Metals GmbH, Düsseldorf, have signed a cooperation agreement on the sale and implementation of Industry 4.0 (Industrial Internet) production management solutions for the steel and aluminum industries. Customers receive perfectly matched, tailor-made complete solutions from a single source consisting of equipment, basic automation (level 1) and process automation (level 2) from Primetals Technologies, and the PSImetals production management solution (level 3) from PSI. The exclusive global cooperation agreement covers plants with equipment and automation from Primetals Technologies, as well as complete turnkey solutions for modernization projects and new plants throughout the entire supply chain.

The harmonized solutions from the two companies reduce integration costs, shorten project runtimes and simplify IT processes. Horizontal integration of locally distributed automation data with system-wide production management for Supply-Chain-Planning & Execution (MES) makes it easier to identify and realize the potential of Industry 4.0.

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PSI Optimises Eaton’s Central Warehouse with Qualicision® Technology

Optimisation module “Adaptive Order Release“ monitors in real time

Berlin, 30 May 2016 – Eaton Industries GmbH, a provider of electrical components and systems located in Bonn, has commissioned PSI Logistics GmbH with the implementation of the innovative optimisation module “Adaptive Order Release”. This component further enhances the PSIwms Warehouse Management System for their central European distribution centre located in Meckenheim. One important element is sequencing task dispatch using extended fuzzy logic by implementing the decision and optimisation software Qualicision® from PSI’s subsidiary F/L/S Fuzzy Logik Systeme GmbH. This combination provides a wholly innovative solution for automating and improving the efficiency of order management.

The “Adaptive Order Release” will monitor more than 30 warehouse parameters in real time during operations, and will dynamically initiate the following orders and tasks. While doing so, the impact on KPIs will be considered so it is ensured that the orders continue to be delivered on time, while minimising overutilisation or underutilisation of the automated warehouse or the employees. This is made possible by the use of Qualicision® technology, which already handles multi-criteria sequencing for production planning at leading automobile manufacturers, and is being applied to this project in connection with PSIwms for the first time with the goal of achieving significantly increased efficiency.

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PSI with Strong New Orders and Stable Earnings in First Quarter

  • - New orders improves by 13 % to 70 million Euros
  • - Volume of orders increases by 13 % to 157 million Euros
  • - Presentation of Industry 4.0 swarm production at Hannover Trade Fair
Key Figures 01 Jan - 31 March 2016 01 Jan - 31 March 2015 (adjusted) Change
Sales 42,589 43,188 -1.4%
EBIT 2,181 1,744 +25.1%
Group net result 1,396 1,367 +2.1%

Earnings per share (EURO)

0.09 0.09 +0%

Berlin, 28 April 2016 – The PSI Group achieved 1 % lower sales of 42.6 million Euros in the first quarter of 2016 in particular because of adjustments in the South Asian business (31 March 2015: 43.2 million Euros). The EBIT improved by 25 % to 2.2 million Euros (31 March 2015, adjusted: 1.7 million Euros), the group net result was, as in the previous year, 1.4 million Euros. The new orders improved by 13 % to 70 million Euros (31 March 2015: 62 million Euros), the order backlog on 31 March 2016 was, at 157 million Euros, 13 % above the figure for the previous year (31 March 2015: 139 million Euros).

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

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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.

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