Corporate | 6 August 2015 10:01
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PSI Aktiengesellschaft für Produkte und Systeme der Informationstechnologie / Key word(s): Incoming Orders/Contract
Leading Indian steel producer Tata Steel decides for PSI
PSI receives an order from Tata Steel India, one of the global leading steel producers, to provide PSI metals Scheduling solution to optimize the production programs at the new Tata plant in Kalinganagar. The target is to optimize the utilization of the new capacities together with a maximum degree of customer service. The growth strategy of Tata Steel in India with its plant in Jamshedpur foresees an increase of production capacity from 9.7 MioTpA to 23 MioTpA. As part of this initiative, the newly built integrated steel plant in Kalinganagar will produce 6 MioTpA of high quality flat steel. The standard software PSI metals with its components Online Heat Scheduler, Caster Scheduler und Line Scheduler will support Tata Steel to schedule the steel melt shop, continuous casting and hot rolling. The extension of the PSI solution to an envisaged cold rolling mill and other plant extensions are already part of the initial concept. During the installation of PSI metals the special requirements of a green field implementation like the learning curve of the planning staff or the continuous development of the product mix will be considered. PSI experts on-site will be supported by the integration partner Tata Consulting & Services (TCS). To reach a climate of mutual understanding and team spirit all partners (Tata Steel IT and Planning, TCS and PSI) will have a joint workshop for several weeks. The workshop objective is a first working version of the final solution. Due to an annual production of more than 30 million tons of crude steel, Tata Steel Group is amongst the top 10 of global steel producers. With production facilities in 26 countries, offices in more than 50 countries and 80.000 employees spread over 5 continents Tata Steel is one of the major global players of this industry. www.tatasteel.com On the basis of its own software products, PSI AG develops and integrates complete solutions for energy management (gas, oil, electricity, heat, energy trading), production management (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs 1,700 persons worldwide. www.psi.de
PSI AG
Phone +49 30 2801-2727
2015-08-06 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. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | PSI Aktiengesellschaft für Produkte und Systeme der Informationstechnologie | |
| 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 | |
| End of News | DGAP News-Service |
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| 383417 2015-08-06 |