We are pleased to announce the acquisition of NEPLAN AG by PSI Software AG. With this acquisition, we will continue to serve our existing clients with a higher level of commitment and support. We also expect a continuous growth in the demand for software tool used in planning, analysis, simulation, technical and commercial optimization of energy grids for not only the electrical networks, but also for the cross-linked areas of gas, water and district heating.
PSI Group develops and integrates complete solutions for optimizing the flow of energy and material for utilities (energy networks, energy trading, public transport) and industry (metals production, automotive, mechanical engineering, logistics). PSI was founded in 1969 and employs 2,000 persons worldwide. PSI also intends to integrate the highly qualified team and the location near Zurich into the numerous major projects in Switzerland.
PSI will enrich the real-time network calculations in the control systems with additional network calculation algorithms from the NEPLAN planning software. This also applies analogously to the gas network simulation PSIganesi. New algorithms are to be developed jointly in the future and marketed in high volumes via three product lines (electricity control systems, gas control systems, network planning). Numerous connections can be created between network planning (PSIneplan), field force management (PSIcommand) and the control system (PSIcontrol), which significantly reduce the maintenance costs of the network equipment and improve availability (SAIDI) through an extended planning horizon and precise aging models. The integrated Deep Qualicision optimization ensures the optimal achievement of the respective national regulatory objectives and at the same time the protection of employee interests.
The cloud-capable NEPLAN software is used in network planning and asset management in more than 110 countries worldwide. NEPLAN expects to continue to be a leader in delivering a first class software solution and services to the electrical, gas, water and district heating industry worldwide.