Siemens Acquires Network Planning Specialist PTI; Addition Will Strengthen Power Transmission & Distribution Service Offering.RALEIGH, N.C. -- Siemens Power Transmission & Distribution (PT&D) announced that it has acquired the business activities of Shaw Power Technologies Inc. (USA) & Shaw Power Technologies International Limited (UK), commonly known as PTI PTI - Portable Tool Interface . PTI is the global leader in network planning software and engineering studies. The company's PSS/E (Power System Simulator for Engineering) software is widely used by power network experts in many regions, especially English speaking countries and China. PTI is headquartered in Schenectady, New York Schenectady (IPA /skəˈnɛktədi/) is a city in Schenectady County, New York, United States, of which it is the county seat. As of the 2000 census, the city had a total population of 61,821. , and has over 80 network planning specialists located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and UK as well as key partners in high growth regions such as Malaysia and China. The acquisition represents an important extension of the Siemens PT&D service portfolio in the U.S. market where PTI's software has been selected by many leading utilities and used by many reliability councils and regulatory agencies. "PTI complements Siemens' existing service business by enabling us to now offer a complete portfolio of both transmission & distribution network planning" said Dave Pacyna, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Siemens Power Transmission & Distribution, Inc. "Recent events such as blackouts have increased the pressure to improve reliability. Network design and consulting is an essential part of determining where investments will be made," he concluded. In business for 34 years, PTI has amassed a significant installed base of its network planning software in both utility and industrial applications. With this acquisition and its SINCAL (Siemens Network Calculation) product suite, Siemens can offer a complete range of modular software See modular programming. suites and consulting expertise to simulate, analyze and interactively optimize network reliability and performance. By leveraging the strength of both the Siemens and PTI brands, Siemens will supply proven solutions for transmission and distribution networks for utility and industry customers in countries following either ANSI (American National Standards Institute, New York, www.ansi.org) A membership organization founded in 1918 that coordinates the development of U.S. voluntary national standards in both the private and public sectors. It is the U.S. member body to ISO and IEC. or IEC standards In order to distinguish standards published by the International Electrotechnical Commission numerically from other international standards, their number range was shifted in 1997 by adding 60000. So what used to be called IEC 27 is now officially IEC 60027, and so on. . "We plan to build on PTI's recognized expertise and support their established customer base by providing innovative solutions to today's network reliability challenges, independent of the installed equipment. PTI & Siemens will continue to set the standard for quality network planning," said Dr. Bernd Buchholz, Head of Network Planning at Siemens PTD PTD Property Tax Division PTD Painted (architectural) PTD Power Transmission and Distribution PTD Permanent Total Disability (insurance term) PTD Participatory Technology Development (AG) & CIGRE CIGRE Conseil International des Grands Réseaux Électriques (French: International Council for Large Electric Systems; founded in 1921) CIGRE Conference Internationale des Grandes Reseaux Electriques (Paris) Committee Member. The Siemens PT&D Service Division provides support for the entire asset lifecycle of transmission & distribution networks including planning, training, project management, maintenance and upgrade. About Siemens Power Transmission & Distribution (USA) Siemens Power Transmission & Distribution, Inc., headquartered in Raleigh, NC, creates innovative product, system and service solutions for its customers - electric utilities, transmission organizations, Independent System Operators, and large energy consumers. It is a leading supplier of high and medium voltage power delivery equipment and energy management and information systems for regulated and deregulated generation, transmission, and distribution markets. The company's products and systems are used to increase power system capacity and improve the reliability, stability and flexibility of power delivery and network control systems. It has operations in Wendell, NC; Jackson, MS; Minneapolis, MN; San Jose, CA; Schenectady, NY and Atlanta, GA. For more information visit us at: www.usa.siemens.com/energy. About Siemens Siemens AG (NYSE NYSE See: New York Stock Exchange :SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $91.3 billion in fiscal 2004. Founded more than 150 years ago, the company is a leader in the areas of Automation and Control, Information and Communications, Lighting, Medical, Power and Transportation. With its U.S. corporate headquarters in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Siemens in the USA has sales of $16.6 billion and employs 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 430,000 people in 192 countries. For more information on Siemens in the United States: www.usa.siemens.com |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion