Water Update: Water 4.0, new assignments within Water and more…

* Dutch only *

Met de Water Updates (nieuwsbrieven) houdt ICT Group u graag op de hoogte van de laatste ontwikkelingen op het gebied van IT oplossingen in de Water sector. Met name wanneer u werkzaam bent bij een waterschap, drinkwaterbedrijf, gemeente of ingenieurs- adviesbureau is deze informatie  relevant voor u.

In de Juli 2019 editie van de Water Update leest u onder andere over ‘Water 4.0’, ‘Vijftien afvalwaterzuiveringen in één hightech Control Room en meer.

Wilt u drie keer per jaar automatisch de Water Update in uw mailbox ontvangen? Schrijf u dan nu in via de het formulier op onze website.

Innovative SCADA automation for Vallei en Veluwe water authority

On 11 July, the Vallei en Veluwe water authority and ICT Group (ICT) signed a contract for the implementation of the innovative SCADA automation project. The project involves the standardisation of the SCADA systems of the water authority for 16 sewage treatment plants, 87 sewer pumping stations and various connections to approximately 18 different external data sources based on an entirely new and progressive SCADA philosophy: every user receives the most relevant information at precisely the right time on multiple devices and in several layouts.

The Vallei en Veluwe water authority used a Best Value Tender to select a party with the necessary demonstrable expertise to deliver the ‘SCADA standardisation’, provided that the project objectives would be achieved within budget and planning, and that the agreed quality would be delivered within the defined requirements and conditions. ICT came out on top, in no small part thanks to its successful involvement in various standardisation projects at a significant number of water boards in recent years. Another key factor is that ICT is a certified Wonderware partner, which means they have access to a large number of certified Wonderware professionals.

The user interface is designed with a User Experience Design (UX design); a design analysis method that focuses on the user’s experience and takes into account the various direct and indirect users of the system: in this case 19 different groups. The UX design offers maximum user satisfaction by combining the requirements and wishes of the user with the technical possibilities. Standard software is used to make the required functionality available. The current Wonderware System Platform© will be redesigned to ensure maximum effectiveness of the Operations Management Interface (OMI). In the preliminary phase, Wonderware Benelux played an advisory role and will continue to be closely involved throughout the project. The aim is to realise a state-of-the-art SCADA system, which not only incorporates the innovative possibilities of OMI, but also includes Augmented and Virtual Reality testing.

The preparation, selection and realisation phases have been completed and implementation can commence.  Completion is scheduled for the end of 2022. This project is the culmination of the preparatory work that has been carried out over the past few months by the Vallei en Veluwe water authority and ICT Group.

Raster Industrial Automation accepted at the Master Level of Schneider Electric Alliance Program

The highest partnership award was bestowed upon Raster Industriële Automatisering BV, an ICT Group company, at the Schneider Electric Innovation Days 2019. Raster is one of two European preferred partners for Schneider Electric’s international Alliance Program. A great honor as it was awarded by Executive VP Peter Herweck for outstanding technical expertise, project execution capabilities and strategic importance for Schneider Electric’s business.

Ethel van Groenestijn, Director of Raster Industriële Automatisering BV: “Schneider Electric is a highly esteemed world player in industrial automation and the leading company in energy and safety technology. This award is an acknowledgement of our team’s dedication during many years of cooperation with Schneider Electric in which we have shared our knowledge and experience. A cooperation that was built on mutual trust in each other’s qualities and vision.”

 

 

 

The Master Alliance System Integrator Certificates were allocated in three areas of technological solutions: Control Systems, PLC Modernization, and Modicon Safety. Raster clients can count on the highest level of knowledge and understanding of Schneider Electric solutions, excellence in project execution and access to state-of-the-art developments. ICT Group congratulates the Raster team for this outstanding achievement.

 

 

 

Improve in top 3 of best IT-trainers in the Netherlands

Improve, an ICT Group company, finished in the top 3 of best IT trainers in the Netherlands with an overall score of 8.74. This was announced by Computable after thorough research by Enigma Research. Improve has the highest score (9.04) for the involvement of its trainers.

A total of 108 ICT-trainers were assessed. Just like previous years, ICT-trainers were assessed within different areas, such as the range of available lessons, the topicality of the curriculum, the applicability of curriculum in practice and the price-quality-ratio.

ICT GROUP AT OSISOFT NETHERLANDS REGIONAL SEMINAR

ICT Group will be present with a combination of 3 entities: ICT with the unit Industry, Raster and OrangeNXT who all work together on PI based solutions. Our focus is on delivering solutions for Real-Time Quality Control for various industries. We will demonstrate the Virtual Inspector (for image recognition solutions) and the Virtual Lab (for quality control with Artificial Intelligence). Both analytic cloud based solutions are connected to the PI-system.

Talks from OSIsoft, their customers and their partners will cover insight on how to maximize the value of your PI Data for industrial analytics, deliver a strategic approach to operations ready analytics data and how minimize delays and failures from data inaccessibility, intensive data processing, and poor data quality.

‘EMPOWER YOUR ANALYTICS WITH OPERATIONS DATA’

Read more… 

TOC Europe 2019

TOC Europe – Your Global Container Supply Chain Event

ICT Group will be present again at the TOC Europe in Rotterdam Ahoy in 2019. We would like to invite you at our booth: B.64. Here we will inform you about the possibilities within Digital Twin, Internet of Things, Middleware, Digital Transformation, Deep Learning Solutions and other Smart Solutions that ICT Group and OrangeNXT offer you.

In addition to our stand we will gladly inform you during the TECH TOC conference. TECH TOC is a conference for the stakeholders in port and terminal industry to come together, share experiences and expertise and map out solutions to common current and future challenges.

We are involved in the presentation on Tuesday June 18 from 12:00 to 13:30h, about ‘The intelligent Port’ from Joe Bester, Chief Marketing Officer – IoT.NXT.
On Wednesday June 19 from 12:00h to 13:30h, Pieter van der Spek, System Architect at ICT Group will inform you about ‘Moving container terminals to the 21st century’.

Read more.

Divestment Raster Products B.V.

HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB, located in Halmstad, Sweden, has today acquired all shares in Raster Products B.V. from Raster Beheer B.V., an ICT Group company. For several years Raster Products has been HMS’ primary distributor of Ewon products in the Netherlands. Raster Industrial Automation remains a subsidiary of ICT Group.

You can find the press release of HMS Networks here.

Q1 2019: revenue growth of 37%, organic growth 9%

Key developments:

  • Revenue in Q1 2019 up 37% to € 39.4 million (Q1 2018: € 28.7 million)
  • Organic revenue growth of 9%
  • Reported EBITDA Q1 2019 amounted to € 4.8 million (post-IFRS 16).
  • Underlying EBITDA increased 20% to € 3.6 million (Q1 2018: € 3.1 million)
  • Acquisition of Additude completed; international expansion through acquisition in Sweden
  • Acquisition of BNV Mobility completed; strengthens position in Mobility as a Service market
  • ICT reiterates its outlook of further revenue and EBITDA growth for 2019 compared to 2018

Key figures

Jos Blejie, CEO of ICT Group N.V.: “I am pleased with how we started 2019, posting a strong revenue and EBITDA growth, to which our acquisitions, InTraffic and most recent Addittude, greatly contributed. But also organically we showed a solid performance. We benefited from strong demand in the High Tech and Automotive sector but there are indications that this will level off in the course of the year.”

Financial developments

Revenue increased to € 39.4 million in the first quarter of 2019, compared to € 28.7 million in the first quarter of 2018. Organically, excluding InTraffic (acquired in April 2018) and Additude (acquired in January 2019, consolidated as of February 2019), revenue was up 9%. Organic growth was positively impacted by strong demand in the High Tech and Automotive sector. This is expected to level off in the course of the year.

ICT Netherlands continued its solid performance, with good productivity levels. Strypes Bulgaria and InTraffic both showed improved results over last year. In the segment Other Raster was more or less in line with last year and Improve showed increased results.

Underlying EBITDA, pre-IFRS 16 and excluding the one-off accounting gain increased to € 3.6 million, compared to € 3.0 million in the same period in 2018. Acquisition costs increased from € 0.1 million in the first quarter of 2018 to € 0.5 million in the first quarter of 2019. The underlying EBITDA margin came in at 9.1%. Excluding acquisition costs the margin came in at 10.4%, in line with the first quarter of 2018 (10.3%).

IFRS 16

IFRS 16 ‘Leases’ is effective as of 1 January 2019. Under this new IFRS standard an asset, which is the right to use the leased item, and a financial liability, being the present value of future lease payments to be made, are recognised. Additionally, IFRS 16 leads to a shift from operating lease costs to depreciation and amortisation and financial expenses. In Q1 2019 IFRS 16 had a positive impact on EBITDA of € 1.2 million.

Strategic Themes

ICT has made clear choices in terms of growth. ICT focuses on the themes Smarter Industries, Smarter Cities and Smarter Health. Within these themes ICT delivers the highest added value to its customers.
Smarter Cities showed considerable growth, mainly driven by the acquisition of the remaining 50% stake in InTraffic. In Smarter Industries both the acquisition of Additude (contributing for two months) as well as strong demand in the Automotive sector contributed to the significant growth. The revenue decline in Smarter Health results from flat revenue development at BMA and lower rates in the ICT Healthcare unit.

Additude

On 21 January 2019 ICT completed the acquisition of Additude. In line with ICT’s strategic direction to expand business into new geographies, ICT foresees Additude to become the platform for the Northern European market offering high-profile industrial technology consulting services.

BNV Mobility

On 26 March 2019 ICT completed the purchase of 65% of the shares of BNV Mobility, one of the leading Smart Mobility Services firms in the Netherlands. Acquiring the majority of the shares of BNV is a logical next step for ICT to accelerate its position in the Mobility as a Service (MaaS) market. BNV Mobility will be consolidated as from April 2019.

Outlook

ICT’s management reiterates the outlook given at the announcement of the annual results in March.

ICT is fully focused on profitable growth and will continue to execute its buy-and-build strategy; combining healthy organic growth with selective acquisition opportunities. The employment market for IT talents remains very challenging. Attracting and retaining the right people is a top priority.

ICT is fully committed and confident in its ability to deliver on its long-term objective of increasing annual revenue to € 200 to € 230 million by 2022, while maintaining an EBITDA margin between 10 and 12%. For 2019 ICT expects further revenue and EBITDA growth.

Artificial Intelligence, an important development in the field of smarter cities.

BAM Infra, together with strategic partner ICT Group, has developed a revolutionary technology that enables roads to be checked for damage more quickly by using Artificial Intelligence. An important development for Smarter Cities.

Read all about it in this article (Dutch only) or take a look at the video below.

More information?

Do you want to learn more about this subject? Download our whitepaper ‘AI in video recognition: Assessing video footage with a machine learning algorithm‘. On a more personal level you can read the blog of our Born Techie Frank.