Invensys combines SimSci and Esscor business units
Invensys has combined its SimSci and Esscor business units, operating under the new name SimSci-Esscor.
Invensys has combined its SimSci and Esscor business units, operating under the new name SimSci-Esscor.
Ken Brown has been appointed Vice President and General Manager of the new operation.
The combined business unit will continue to focus on the design and development of industrial process simulation software and training simulators.
Included in this unit will be the marketing and development efforts for steady-state and dynamic simulation as well as optimisation, advanced process control and the full scope of the operator training simulators.
SimSci-Esscor is a leading developer of commercial simulation and optimisation software for oil, gas, power, chemical, paper and other industrial process industries.
The business unit also develops training simulators for the same industries and offers process simulation applications for use by engineering and construction firms.
SimSci-Esscor's products are designed to increase profitability by reducing capital investment costs, improving yields, enhancing management decision-making and improving operational efficiencies and safety.
The SimSci-Esscor union will enable the Invensys operating unit to leverage its combined engineering, product development, marketing and sales resources.
The new business unit also plans to jointly develop and market products for a variety of industrial process applications.
SimSci-Esscor has targeted greater application interoperability as the next evolutionary shift for the process simulation marketplace as well as enhancements to graphical user interface technology.
The business unit plans to continue to build on its leading-edge position in the development of new approaches and products for industrial simulation to ensure that its customers have the greatest opportunity to realise maximum return on investment, improved productivity and greater overall operating efficiency.
"SimSci and Esscor always have had great synergy in a variety of industrial process applications", said Brown.
"Joining them together is the right strategic move to further benefit customers because the combined resources will enable the business unit to continue to develop new simulation technology solutions for key areas such as oil and gas exploration and refining, the power generation industry and pulp and paper manufacturing.
"We will use this combination to build on the strong performance these businesses have already achieved.
SimSci-Esscor will remain focused on the core issues of our customers in the process industries".
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