Industrial AI Power Grids and Sector Coupling Sustainability PSI Presents New AI-Based Software Product PSIdetect for Anomaly Detection in the Grid

At this year’s “PSI EE Info Days,” PSI's business unit Electrical Energy presents new software products and features for network control technology, network planning, and field force management. The conference will take place on November 16 and 17, 2022. It focuses on load and charging management, Redispatch 2.0, service monitoring, and detecting…

Corporate News PSI with strong industrial business in the third quarter

The PSI Group improved sales by 2.5% to 179.7 million euros in the first nine months of 2022 (30 Sept. 2021 adjusted: 175.4 million euros). Due to weak order intake and significant project overruns in the municipal utilities business, operating earnings (EBIT) were 13% down year-on-year at 14.3 million euros (30 Sept. 2021 adjusted: 16.4 million…

Metals Industry thyssenkrupp Electrical Steel Successfully Puts PSImetals 5 into Operation

thyssenkrupp Electrical Steel GmbH has successfully launched the production management system PSImetals 5 from PSI Metals. The software modules Production and Quality control the cold rolling mill, heat treatment, surface treatment and cutting. The solution allows for a seamless integration of the production processes with the business layer in ERP…

Gas Grids and Pipelines Corporate News PSI Receives Innovation Award from German Gas Industry 2022

PSI Software AG received on 12 October in Berlin the Innovation Award from the German Gas Industry 2022 in the category "Intelligent Infrastructure" for the software product PSIcontrol/Greengas.

Corporate News Ad-hoc PSI adjusts Annual Targets due to Business Performance in the Electrical Grids Business

The Executive Board of PSI Software AG has decided to adjust the annual target for the operating result from continuing operations (EBIT) to 20 million euros due to the course of business in the Municipal Utilities business (current consensus estimate: 25.1 million euros). The Municipal Utilities business, which generates around 5% of Group sales,…

Metals Industry Industrial AI Digitalization Sustainability PSI Metals and Seresco Enter into Strategic Partnership to Cover New Local Markets

In July, PSI Metals signed a strategic partnership with Seresco, a Spanish software company. Within this partnership, Seresco will support the distribution of the PSImetals products and will launch them into new local markets.