PSI Aktiengsllschft fr Prdkt Sytm Infrmg : Vallourec awards PSI with the delivery of a new MES
January 22, 2018 at 05:40 am EST
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DGAP-News: PSI Software AG / Key word(s): Incoming Orders/Contract
Vallourec awards PSI with the delivery of a new MES
22.01.2018 / 11:35
The issuer is solely responsible for the content of this announcement.
Vallourec awards PSI with the delivery of a new MES
PSImetals harmonizes production processes in European plants
Vallourec Germany has commissioned PSI to implement PSImetals as a production management system. The existing legacy systems at the various sites will be gradually replaced by an MES standard solution based on PSImetals. PSImetals is used in numerous Vallourec plants worldwide. Mülheim represents the first station in the European harmonization processes.
Vallourec is restructuring the production processes in all its European plants. The production IT will be reorganized in the process and the complexity of the IT structure simplified. PSI will deliver its PSImetals Production, Quality, Logistics and Planning components within the area of Manufacturing Execution Systems (MES). The harmonized MES model solution for Europe will first be used at the German production site at the Mülheim pilot plant.
Above all, the implementation of the new production management system aims to increase the transparency of production progress at Vallourec. In addition, it should be easier to establish uniform, cross-site processes and to collect key figures that consistently support cross-plant production. By standardizing the processes, it should be possible to respond more quickly to customer requirements and new technical developments.
Vallourec is a world leader in premium tubular solutions for energy markets and demanding industrial applications such as oil and gas wells in challenging environments, the latest generation of power plants, sophisticated architectural projects, and powerful machinery and equipment. www.vallourec.com
On the basis of its own software products, PSI Group 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 1,650 persons worldwide. www.psi.de
Contact:
PSI Software AG
Karsten Pierschke
Head of Investor Relations and Corporate Communications
Dircksenstraße 42-44
10178 Berlin
Germany
22.01.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Language:
English
Company:
PSI Software AG
Dircksenstraße 42-44
10178 Berlin
Germany
Phone:
+49 (0)30 2801-0
Fax:
+49 (0)30 2801-1000
E-mail:
ir@psi.de
Internet:
www.psi.de
ISIN:
DE000A0Z1JH9
WKN:
A0Z1JH
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
PSI Software AG, formerly PSI Aktiengesellschaft fuer Produkte und Systeme der Informationstechnologie, is a Germany-based company that develops and integrates software for energy suppliers, manufacturers and infrastructure operators. It operates through three segments. The Energy Management segment serves utility companies in the electricity, gas, oil, water, district heating and combined energy sectors, and focuses on solutions for grid management, energy storage, energy trading and virtual power plants. The Production Management segment provides software for production planning, production control and logistics for the metal industry, machinery and plant engineering, the automotive industry and logistics. The Infrastructure Management segment develops control system software for the operation of infrastructure in the areas of rail and road transport and public safety with focus on operation-control technology, depot management and safety and telematics applications.
PSI SOFTWARE SE 
