Končar – Digital signed a cooperation agreement with the German company PSI Software

Končar – Digital, an IT company of the Končar Group focused on green energy transition and digital transformation projects, has signed a Strategic Cooperation Agreement with the German company PSI Software, a global supplier of software solutions for monitoring and controlling processes in complex utility and industrial systems, as stated in the announcement. The agreement was signed by Dr. Goran Leci and Dr. Stjepan Sučić, the President and Member of the Management Board of Končar – Digital, and Dr. Michael Wolf, the Director of Marketing and Sales of the German company PSI Software, at the 15th Symposium on Power System Management organized by the Croatian branch of the International Council on Large Electric Systems (HRO CIGRE).

– Končar’s experts have extensive experience in successfully developing digital solutions for energy management and advanced networks, critical and urban infrastructure, and smart cities. The Strategic Business Cooperation Agreement, a combination of the portfolio of digital solutions and a joint market presence, opens new opportunities for accelerated digitalization of critical and urban infrastructure in Croatia and the region. This is also the vision of a green, advanced, and sustainable future that we share with PSI Software, and we are now undoubtedly one significant step closer to its realization – stated Goran Leci, President of the Management Board of Končar – Digital.

Končar’s digital solutions are used in Europe, Asia, Africa, and South America, and a new addition to the business portfolio is the advanced digital solution PROZA Station for managing transformer stations. The solution is developed on the modern software SCADA platform PROZA HAT, and one of the important advantages of the new solution is the possibility of containerized application in the cloud.

This achieves greater availability and efficiency as well as lower implementation and maintenance costs. This new digital solution can also be applied for comprehensive monitoring and management of access data centers in real-time.

An important contribution to the development of such high-tech solutions and the realization of their implementation projects in urban infrastructures will now be provided to Končar by the German IT company PSI Software AG.

The PSI Group was founded in 1969, employs nearly 2,200 people worldwide, and develops its own software products for optimizing the flow of energy and materials for utilities and industry. The products, built from standard components, are sold directly as well as through the multi-cloud PSI App Store, and customers and partners can further customize them to their specific needs.