PSI celebrates 50th anniversary
by Hans Diederichs
As a pioneer in process control, PSI started with first orders from the steel and logistic industries. Today, PSI is one of the leading global software suppliers for optimizing the flow of energy and materials.
The modern PSI software platform provides a proven basis for the successful use of artificial intelligence (AI) in industrial applications. By selecting the best method for the specific application and combining more than 50 optimization methods, the industrial intelligence applications from PSI ensure maximum customers benefit.
“After all, for almost 50 years the company primarily supplied and maintained turnkey real-time solutions. Now, customers can also modify the PSI products, sector suites and standard platform modules themselves and can even design their own applications. Thus, our customers benefit from modern, highly efficient and open technology world standards in order to be optimally equipped for the future.” Chairman Dr. Harald Schrimpf reviews.
Currently, the PSI Group employs more than 1,900 persons in thirteen German and seventeen international locations in Europe, Asia, North and South America. In the financial year 2018 the Group achieved revenues of 199.2 million Euro. PSI Software AG is listed in the Prime Standard of the German stock exchange.
Based on its own software products, the PSI Group develops and integrates complete solutions for optimizing the flow of energy and materials for utilities (energy networks, energy trading, public transport) and industry (mining, metals production, automotive, mechanical engineering, logistics). PSI was founded in 1969 and employs more than 1.900 persons worldwide.
Source and photo: PSI AG