ThyssenKrupp Steel Europe and PSI Conclude Strategic Partnership

left to right: Sven Busch, Managing Director PSI Metals and Dr. Michael Kranz, CIO ThyssenKrupp Steel Europe

PSImetals as standard software for the entire Business Area Steel Europe

Berlin, Duisburg, 1 October 2015 – The ThyssenKrupp Steel Europe AG and PSI Metals have concluded an agreement on the development of PSI to become the standard software provider for all the companies within the Business Area Steel Europe.

ThyssenKrupp Steel Europe plans to standardise the system landscape in the entire Business Area with the rollout of the PSI software PSImetals and thus increase the competitiveness of the Business Area. To that end the processes and interfaces are to be standardised by means of the greatest possible use of the standard functions and interfaces available in PSImetals.

Additional effects of scale will be achieved by establishing a standardised project management, extending PSImetals know-how within the Business Area and uniform licensing, maintenance and service agreements throughout the group. The two partners will agree upon a joint long-term strategy that will especially take into consideration the areas of project development and process support.

ThyssenKrupp Steel Europe is one of the world’s leading suppliers of high-grade flat steel. With around 26,500 employees, the company supplies high-quality steel products for innovative and demanding applications in a wide range of industries. Customer-specific material solutions and services associated with the material steel round off the range of services. In fiscal year 2013/14 ThyssenKrupp Steel Europe achieved a turnover of almost 8.9 billion Euros.

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.