ICT Group gaat automatisering vijftien rioolwaterzuiveringen vervangen

Roy Jansen (COO ICT Group) en Joost de Ruig (directeur water HNK)

Only available in Dutch

Hoogheemraadschap Hollands Noorderkwartier (HHNK) gunt het vervangen van de procesautomatisering van vijftien rioolwaterzuiveringsinstallaties (RWZI’s) aan ICT Group. HHNK koos voor ICT Group vanwege de uitstekende verhouding tussen prijs en kwaliteit.

Het huidige automatiseringssysteem van de rwzi’s van HHNK is vijftien tot twintig jaar oud en daarmee aan het einde van de technische levensduur. Hierdoor is het tevens lastig om het bestaande systeem uit te breiden met nieuwe, complexe installatieonderdelen, zoals bijvoorbeeld een fijnzeefinstallatie.

Gefaseerde aanpak
Een belangrijke taak van Hoogheemraadschap Hollands Noorderkwartier (HHNK) is het transporteren en zuiveren van afvalwater. Dit wordt gedaan met behulp van rioolgemalen, rioolwaterzuiveringsinstallaties en een SlibDroogInstallatie (SDI). Deze procesinstallaties van HHNK worden bestuurd door meerdere Proces-Automatiseringsinstallaties (PA-installaties).
Er is besloten om al deze installaties gefaseerd in vijf jaar tijd te vervangen.

Voordelen
Een nieuw ICT-systeem biedt meerdere voordelen. Het maakt het ook makkelijker om op verschillende doelen te sturen. Denk bijvoorbeeld aan het besparen van energie terwijl het zuiveringsrendement hoog blijft. Een nieuw systeem kan ook makkelijker met andere systemen communiceren zoals onder meer peilgemalen of de gemalen van gemeenten.

Klaar voor de toekomst
HHNK oordeelde dat ICT Group de cybersecurity en informatievoorziening goed op orde heeft. Daarnaast stelde het waterschap dat het bedrijf gericht is op de toekomst door de toepassing van kunstmatige intelligentie en ‘machine learning’. Het waterschap toonde ook veel waardering voor de uitgebreide beschrijving van de test- en calamiteiten procedure en het gegeven dat ICT Group zonder voorbehoud kan voldoen aan de gevraagde performance eisen.

Trots
Jos Blejie, CEO ICT Group is trots dat ICT Group de opdracht heeft gekregen. “Als totaalleverancier van technologie en diensten heeft ICT een sterke positie in de watermarkt. Wij leveren altijd de hoogst haalbare toegevoegde waarde aan onze klanten.”

ICT Group attends Wonderware Benelux Knowledge Exchange

This yearly event is organized by Wonderware Benelux. The latest Wonderware software releases and developments in industry and infrastructure will be presented by means of practical cases, presented by system integrators as well as end users. ​​​

The Unit Industry will participate as a sponsor of the event and is present with a table top presentation. Visitors can meet and engage in conversation with the ICT Group colleagues: Bas Hazewinkel, Martin Bijl, Leendert Mijnders and Alvin Riemersma.

Read more.

Q1 2018 results: organic growth trend continued

Key developments:

  • Revenue in Q1 up 12% to € 28.7 million (Q1 2017: € 25.6 million)
  • Organic revenue increase of 6%
  • EBITDA amounted to € 6.5 million, including a one-off accounting gain of
    approx. € 3.5 million
  • Underlying EBITDA increased to € 3.0 million (Q1 2017: € 2.8 million).
  • Acquisition of NedMobiel and remaining 50% stake in InTraffic completed

Key figures

(in € millions) Q1 2018 Q1 2017 Δ
Revenue 28.7 25.6 12%
EBITDA* 6.5 2.8
Underlying EBITDA 3.0 2.8 6%

* including a one-off gain of approx. € 3.5 million. This one-off accounting gain is the result of the acquisition of the remaining 50% stake in InTraffic.

Jos Blejie, CEO of ICT Group N.V.: “In the first quarter of 2018 results were in line with expectations, with a good performance of ICT Netherlands. One of the highlights of the first quarter was acquiring full ownership of InTraffic. As wholly owned subsidiary, InTraffic substantially strengthens our position in Smarter Cities from Q2 onwards. We will continue to focus on the further execution of our strategy, aimed at organic growth combined with add-on acquisitions. Considering the performance in this first quarter and the continued positive market trends, we reiterate that we expect a further growth in both revenue and EBITDA for the full year 2018 compared to 2017.”

Financial developments

Revenue increased to € 28.7 million in the first quarter of 2018, compared to € 25.6 million in the first quarter of 2017. Organically, excluding High Tech Solutions (acquired in June 2017) and NedMobiel, revenue grew 6%. InTraffic is consolidated as of 1 April 2018. In the first quarter, InTraffic is still reported as a joint venture.

ICT Netherlands performed well, showing good productivity levels, except for the Healthcare unit, for which a large project ended in 2017. The results of Strypes Bulgaria are somewhat behind compared to last year due to slightly lower productivity in combination with ongoing outlays in quality improvement. In the segment ‘Other’, Raster is experiencing a lack of larger new projects, which is reflected in its results. We anticipate that the challenging Oil & Gas market circumstances will continue in the next two quarters.

EBITDA, excluding the one-off accounting gain, increased to € 3.0 million in the first quarter, compared to € 2.8 million in the same period of 2017.

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. Due to the acquisition of NedMobiel, Smarter Cities realised considerable growth. The declining revenue in Smarter Health is a result of flat revenue development at BMA and lower productivity in the ICT Healthcare unit.

Revenue split per theme (in € millions) Q1 2018 Q1 2017 Δ
Smarter Industries 18.8 17.4 +8%
Smarter Cities 5.7 4.1 +41%
Smarter Health 2.2 2.5> -11%
Other 2.0 1.6 +22%
Total revenue 28.7 25.6 +12%

InTraffic

On 21 March 2018 ICT completed the acquisition of the remaining 50% of the shares of InTraffic B.V. from former joint venture partner Movares Group B.V. ICT now holds 100% of the shares of InTraffic. The acquisition resulted in a one-off accounting gain of approximately € 3.5 million, mainly related to the revaluation of the 50% stake in InTraffic already held by ICT. Except for the one-off gain, InTraffic is still reported as a joint venture in the first quarter of 2018. The impact of step up accounting and purchase price allocation will be disclosed upon publication of the 2018 half year results.

NedMobiel

In January 2018 ICT completed the purchase of 100% of the shares of NedMobiel B.V., a Dutch expert consultancy company for complex infrastructures. This acquisition supports ICT’s transition from a leading software integrator to a total technology and service provider, by increasing revenue from projects as well as from consulting services.

Outlook

ICT’s management reiterates the outlook given at the announcement of the annual results in March. ICT will continue to focus on growth, preferably organically as well as through acquisitions. The focus in 2018 is on increasing the company’s size in Smarter Cities and Smarter Health. ICT will continue to be disciplined and cautious in its acquisition strategy.

ICT expects its capital expenditures and research & development expenditures to increase in 2018, in line with the increased scale of the company. With these investments ICT creates the right conditions to take additional steps in our transformation into a total solution provider. The battle for talent continues and attracting and retaining the right people remains to be one of our key priorities.

Based on the above, ICT expects a further growth in revenue and EBITDA in 2018 compared to 2017.

ICT completes acquisition remaining 50% stake in InTraffic

ICT Group N.V. (ICT) announces that it has completed the purchase of the remaining 50% of the shares of InTraffic B.V. (InTraffic) from former joint venture partner Movares Group B.V. (Movares). ICT now holds 100% of the shares of InTraffic.

The acquisition of InTraffic enables ICT to further expand its position in the strategic ‘Smarter Cities’ theme. It also supports ICT’s strategic objective to become a leading total solutions provider.

InTraffic, located in Nieuwegein, designs and builds applications for Traffic Management, Infrastructure Monitoring and Travel Information. The company was founded in 2003 as a joint venture between ICT and engineering company Movares. With 150 professionals InTraffic generates annual turnover of approximately € 19 million.

InTraffic will be fully consolidated as from 22 March 2018, while ICT’s former 50% stake used to be reported as result from joint ventures. The purchase consideration for 50% of the shares will be paid in cash. Further financial details will not be disclosed.

Stichting HIV Monitoring Implements ICT Group’s Smart Data System

Data System Based on LogicNets Increases Efficiency in HIV Monitoring

On Monday, February 5, 2018, the Stichting HIV Monitoring (SHM, the Dutch HIV monitoring foundation) implemented a new smart data entry and storage system. SHM developed DataCapTree with the LogicNets Medical Decision Framework, ICT Group’s decision support solution.

DataCapTree collects pseudonymized medical data of people with HIV, which are used by the foundation to monitor the course of the disease and the efficacy of the HIV treatment. SHM’s annual ‘Monitoring Report’ may prompt NVHB (Nederlandse Vereniging van hiv Behandelaren [Dutch Association of HIV-treating physicians]) to change their treatment guidelines. SHM Deputy Director Sima Zaheri is pleased with the new system: ‘The new system facilitates improved data quality, which, in turn, helps us improve our monitoring performance. We intend to use this tool to further strengthen our commitment to better care for people with HIV.’

‘We have a predefined protocol in place to guide SHM data collection staff through the data entry process. In our old system, our data collection team performed these tasks based on steps they had memorized. This dependency on their memory made the system prone to differences in interpretation and errors, resulting in time-consuming quality checks,’ says Sima Zaheri, explaining the difference between the old and the new system. ‘Our new LogicNets-based system provides our data collection staff with smart support, guiding them through a structured process. It also signals incomplete or erroneous input values, offering support every step of the way.’

Following extensive market analysis, SHM selected ICT Group’s LogicNets solution in May 2016. The deciding factors were the protocols’ modularity, the system’s decision support, integration options with other software, and flexibility. Zaheri: ‘We didn’t want to have to change systems too frequently. Our foundation is small compared to the significant costs such changes often involve. With DataCapTree we are prepared for the future.’ Our focus for the next six months will be on further implementing and fine-tuning the system. SHM’s long-term goal is to explore the world of automated data entry.

About SHM
Stichting HIV Monitoring (SHM) makes an essential contribution to healthcare for HIV-positive people in the Netherlands. Working with all HIV treatment centers in the Netherlands, SHM systematically collects coded medical data from all registered HIV patients. SHM uses these data to produce center-specific reports that allow HIV treatment centers to optimize their patient care and obtain formal certification. SHM’s data also form the basis for the yearly HIV monitoring report and are used in HIV-related research in the Netherlands and internationally. The outcome of SHM’s research provides tangible input into HIV care and prevention polices in the Netherlands.For further information about SHM, please visit their website: http://www.hiv-monitoring.nl/english/

About ICT Group N.V.
ICT Group N.V. is a leading industrial technology solutions and services provider. Our specific industry knowledge of various markets, enables us to realise innovative solutions. Over 1000 passionate technical specialists are working for the ICT Group. The following subsidiaries are the main operating entities of the ICT Group: ICT Netherlands (ICT Automatisering Nederland B.V.), ICT Belgium, Strypes Bulgaria (Strypes EOOD ltd), Raster (Raster Industriele Automatisering B.V. and Raster Products B.V.), Improve (Improve Quality Services B.V.), NedMobiel B.V., BMA (Buro Medische Automatisering B.V.) (51%) and ICT Mobile B.V. (51%).

ICT Group intends to acquire remaining 50% stake in InTraffic from joint venture partner Movares

As wholly owned subsidiary InTraffic will strengthen ICT’s position in Smarter Cities

ICT Group N.V. (ICT) announces that today it has signed a letter of intent to acquire the remaining 50% of the shares in InTraffic B.V. (InTraffic) that its joint venture partner Movares Group B.V. (Movares) currently holds. Following the acquisition, ICT will hold 100% of the shares of InTraffic. Acquiring InTraffic in full will allow ICT to strengthen its position in its strategic theme ‘Smarter Cities’.

InTraffic, located in Nieuwegein, designs and builds applications for Traffic Management, Infrastructure Monitoring and Travel Information. The company was founded in 2003 as a joint venture between ICT and engineering company Movares. With 150 professionals InTraffic generates an annual turnover of approximately € 19 million.

Jos Blejie, CEO of ICT: “I am convinced that this intended transaction is beneficial to both InTraffic and ICT. InTraffic perfectly fits our strategy in Smarter Cities. By joining our forces, we can offer an even more compelling proposition and boost our innovation and product development in the area of Rail infrastructure and Mobility. After 15 years of working closely together with our joint venture partner Movares in the area of public transport, I am pleased that we now intend to welcome InTraffic to become part of ICT.”

Sander Eijgenraam, CEO of Movares: “InTraffic has been a strategic alliance with ICT for almost 15 years. In these years the role of IT in Rail infrastructure and Mobility changed substantially. In this change Movares considers InTraffic less strategic to its core business as consultants and engineers. After the closing of the transaction Movares and InTraffic will prolong their collaboration at its mutual main customer ProRail.”

Bert van Elburg, CEO of InTraffic: “We look forward to becoming fully part of the ICT Group. I believe this transaction is beneficial for the employees and the customers of InTraffic. Combining the strong position of InTraffic in Mobility and Rail Infrastructure with the strong position of ICT in public infrastructure will intensify the cross-fertilization and thereby strengthen our position.”

Closing of the transaction is expected end of March 2018. InTraffic will be fully consolidated as from the closing of the transaction, while currently ICT’s 50% stake is reported as result from joint ventures. The purchase consideration for 50% of the shares will be paid in cash. Further financial details will not be disclosed.

ICT Group completes acquisition of NedMobiel

ICT Group N.V. (ICT) announces that it has completed the purchase of 100% of the shares of NedMobiel B.V., a Dutch expert consultancy company for complex infrastructures. The purchase consideration has been paid in cash.

NedMobiel has extensive expertise in (tunnel) safety, asset management and project management. NedMobiel will work closely with ICT Netherlands’ business units Water and Infrastructures and Engineering Contractors and will be able to benefit from the strong position that ICT holds in the national rail, road, water and infra sectors. This acquisition supports ICT’s transition from a leading software integrator to a total technology and service provider, by increasing revenue from projects as well as from services.

ICT Group nominates Gina van der Werf for appointment to the Supervisory Board

ICT Group N.V. (ICT) today announces the nomination of Mrs. Gina van der Werf for appointment as member of the Supervisory Board of ICT Group. Her nomination made by the Supervisory Board will be on the agenda of the Annual General Meeting of Shareholders of ICT Group on 9 May 2018. Gina van der Werf is CEO of First Dutch Innovations and has the Dutch nationality. Mr. Jan Sinoo, whose second term ends on 9 May 2018, will not be available for re-election.

Gina van der Werf (46) is CEO of First Dutch Innovations, a multinational company active in the TIC-sector (Testing, Inspection and Certification), Metrology and in Life Sciences. In the past she was Chairman of the Management Board of Priority Telecom NV after corporate positions within the Liberty Global. She also held several Supervisory Board positions within the IT sector and within the Noordelijke Hoge School Leeuwarden (NHL). She holds a degree in Corporate Law and International Organisations from the University of Groningen.

Theo van der Raadt, chairman of the Supervisory Board of ICT Group: “We are very pleased to nominate Gina van der Werf for appointment to the Supervisory Board. With her broad and international management experience and extensive background in the tech sector she will be a valuable addition to our Supervisory Board. I am convinced that ICT Group will benefit from her involvement in developing innovative companies and promoting entrepreneurship. At the same time, I would like to thank Jan Sinoo for his valuable contribution over the past eight years in which ICT made significant steps forward.”

Gina van der Werf will be nominated for appointment for a period of four years until the AGM in 2022. The nomination for appointment will be made under the condition that the general meeting does not make use of its right of recommendation. After her appointment, ICT Group’s Supervisory Board will consist of the following members: Theo van der Raadt (Chairman), Deepak Luthra, Fritz Fröschl and Gina van der Werf. Mrs. van der Werf will become chair of the Remuneration and Appointment committee.

ICT Group in top 15 Computable 100 financial research 2017

We proudly report that this year, ICT Group has reached the 15th place in the Computable 100 financial research. A rise of 57 places compared to 2016. The financial research was conducted by MBCF. The score takes in to account: turnover growth, EBITDA-margin, solvency and turnover per employee over a period of three years.

Click here to view the whole list.

Automatic asphalt damage recognition using artificial intelligence

BAM Infra and ICT Group have developed a revolutionary technology that automatically recognizes and classifies damage to the asphalt on roads. The technology can be used by road owners such as Rijkswaterstaat, Provincial Governments, water authorities, and municipalities to inspect roads much faster and in a more targeted way. In addition to increasing the efficiency and quality of the inspections this also means that maintenance can be carried out more flexibly and more efficiently. That in turn leads to better traffic flow and less disruption. This new technology shows how data drives innovation, and signifies a further step towards the digitization of asset management.

Self-learning model
The images are supplied by cars fitted with 360-degree cameras that drive around in a particular area. So far, the images have been inspected manually by asphalt experts, who then mark any damage they detect. The Machine Learning technology will automatically analyze the collected images and classify any damage. By adding large numbers of images of known damage to the self-learning model, the model learns how to recognize damage more effectively.
The model can analyze large numbers of images very quickly, and recognize and then classify any abnormalities in the asphalt. This might include holes, cracks and worn spots in the asphalt, but also the presence of animal remains. The algorithm links the damage reports to geographical data so that the exact location of the damage can be determined.

Jaap van den Elshout, Theme Manager Asset Management at BAM Infra: “98% of the images that we receive are of asphalt in perfect condition. By having all the images assessed by the self-learning model, we can get our people to immediately investigate the 2% that show damage in the asphalt. You can imagine what a difference that will make!”.

Aart Wegink, Director Digital Transformation at ICT Group: “The development of new services based on artificial intelligence is one of the spearheads in the Digital Transformation team. New applications of Machine Learning combined with the use of the powerful Azure Cloud enable us to develop new digital services”.

Bits and brains
The self-learning model helps the asphalt experts to focus on the specific road sections in which there may be damage. Although the model can analyze the images very accurately, they are also examined by humans. That means that any project-specific agreements can also be taken into account. The human input is fed back into the model so that it can learn even more.

Unlimited possibilities
The self-learning model can also be trained to recognize other objects. This could include the position of traffic signals, signposts and street lights, and any dirt or abnormalities on them. This innovation will give asset owners a clearer and more up-to-date picture of the quality and quantity of the assets in their area.

Digitization of asset management
The new technology is the result of intensive collaboration between BAM Infra and ICT Group in areas such as big data and the digitization of asset management. This collaboration has already produced intelligent dashboards that are used to monitor the condition of the infrastructure, such as pumping stations or the rail network. Training a computer model, Machine Learning, is the next step in the digitization of asset management.

For more information, please contact Aart Wegink.