Industrial AI Gas Grids and Pipelines Corporate News PSI Nominated for the Innovation Award of the German Gas Industry 2022 in the "Intelligent Infrastructure" Category

PSI Software AG has been nominated for the Innovation Award of the German Gas Industry 2022 in the category "Intelligent Infrastructure". The PSI business unit Gas Grids and Pipelines had applied for this in advance with the software product PSIcontrol/Greengas. This supports network operators in converting their gas networks for the transport of…

Power Grids and Sector Coupling Sustainability PSI is Consortium Leader in the Joint Research Project PROGRESS

PSI Software AG, as consortium leader in the joint research project PROGRESS, is testing curative measures for decongestion in extra-high and high-voltage networks together with six other joint partners. The project is funded under 03EI4046A as part of the 7th Energy Research Program in the area of "Electricity Networks" of the German Federal…

Industrial AI Power Grids and Sector Coupling Event Digitalization PSI Presents Software for Energy Supplier at the CIGRÉ 2022 in Paris

PSI Software AG will present current software products and developments as well as AI and cloud-based applications from the areas of network control and intelligent technology for smart grids as well as network planning and optimization at the international high-voltage conference CIGRÉ in Paris (Palais des Congrès, Hall 2, Stand S240) from 29…

Power Grids and Sector Coupling Sustainability Stadtwerke Leipzig GmbH Successfully Implements Optimization Software from PSI

Stadtwerke Leipzig GmbH has comprehensively implemented PSI's software suite TS-Energy Version 8.3 for the optimization of the district heating system in the city of Leipzig in the short-term and long-term.

Logistics Würth Elektronik eiSos Upgrades Warehouse Management System PSIwms

The electronics manufacturer Würth Elektronik eiSos has awarded PSI Logistics GmbH with the upgrade to the current version 2022 of the Warehouse Management System PSIwms. This will serve to prepare the strategic rollout of the system to further locations of the Würth Elektronik eiSos Group.

Corporate News PSI with Growth in Production Segment and Cyclical Decline in Energy Segment

The PSI Group improved sales by 0.8% to 116.5 million euros in the first half of 2022 (Jun. 30, 2021 adjusted: 115.5 million euros). Due to a decline in the Electrical Grids division, the operating result (EBIT) of 8.2 million euros was 28.1% below the previous year's value (Jun. 30, 2021 adjusted: 11.4 million euros), the group net result…