PSI Awarded Important Follow-up Contract from the World’s Largest Railway Vehicle Producer

Second phase of the PSIpenta roll-out commences after successful pilot project

Berlin, 19 October 2016 – The PSI subsidiary PSI Automotive & Industry GmbH has been contracted by CRRC Sifang Co., Ltd., a subsidiary of the world’s largest railway vehicle producer, China Railway Rolling Stock Corporation Limited (CRRC), with the implementation of the second roll-out phase of an integrated software package for the support of the manufacturing processes.

In an initial pilot phase, PSI Automotive & Industry successfully implemented a planning-execution-control (PEC) solution for the integrated planning and control in a single plant. The second phase of the planned roll-out in other company segments commences with this important follow-up contract.

The CRRC Sifang company, located in Qingdao on China’s east coast, is part of the Chinese CRRC Group. With 46 subsidiaries and over 185,000 employees, CRRC, headquartered in Beijing, is the world’s largest producer of rolling stock and also one of the largest industrial groups in the world.

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 1,650 persons worldwide.