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periotheus suite - autoTRADER Verpackung
Visotech
THE MARKET LEADER IN FULLY AUTOMATED INTRADAY POWER TRADING
"Fully automated" means automated execution, from partitioning an open position and trading on an exchange, to scheduling and managing power plants, without manual input.

Visotech News

VisoTech User Forum 2017

Highlights of the User Forum 2017

A brief review of the User Forum 2017 and the presentations held

KPMG Umfrage Algotrader

KPMG survey: system requirements for algotrader

Results of the KPMG online survey

NEWSLETTER

Every two months we provide up-to-date news on our products and the energy sector.

Logo Periotheus

icon-check Reliable

Reliable

Our software has proven its high reliability for an increasing number of customers. It is designed for 24-hour operation and therefore has a sophisticated redundancy in place for emergency situations. In addition we offer a 24-hour support hotline where you can reach a trained contact person at any time.

icon-performant Automatable

Automatable

Periotheus has been designed with a high degree of flexibility in mind, ranging from manual operation up to full automation. In addition the Periotheus Suite provides a wide range of toolsets that help to automate repetitive and time-consuming tasks and streamline your daily workflow.

icon-user-friendly User-friendly

User-friendly

In cooperation with customers we have developed an intuitive user interface that assists the user in operating our software. Therefore all modules of the Periotheus Suite share the same look and feel, which allows quick and easy familiarization with new functions.

icon-connectiv Connectivity

Connectivity

Periotheus already provides standard interfaces for all common systems and services straight out of the box. In addition we are able to implement and maintain new and customer-specific interfaces and guarantee lifetime support.

icon-feature Customizable

Customizable

The integrated development environment supports the customer in developing new functionalities by themselves. This is simplified by intuitive drag-and-drop based tools. There are virtually no limits to the system’s customizing capabilities.

icon-intelligent Market Expertise

Market Expertise

Our company has specialized in software solutions for the energy market since 2003. Over the years our employees have built up extensive knowledge of the energy market which helps us to optimize the Periotheus Suite even further. VisoTech manages projects with an extraordinary high rate of satisfaction amongst our customers, both on time and on budget.

Time icon

MORE TIME FOR THE ESSENTIALS

Periotheus makes your working life easier by simplifying and automating repetitive and redundant workflows.

Facts icon

FACT SHEET

The most important facts about Periotheus at a glance

Periotheus Suite

One product suite, many functional areas and applications
teaser_P_autotrader

autoTRADER

Automated intraday trading at the EPEX SPOT and Nord Pool

ETRM Teaser

ETRM

Support with deals and risk assessment

teaser_P_fpm

Schedule & Balancing Group Management

Complete reporting system for the energy sector

DEMO

We will also gladly show you our solution in person or via a web demo

Case Study – OMV

Schedule Management Implementation

VisoTech was the only provider that could inherently cover the complex requirements of the market with its schedule management solution, as well as flexibly cater to our own requests. The excellent climate of trust and cooperation must in particular be emphasised.

Franca Heinrici
Head of Logistics, OMV Trading GmbH

The Challenge

In 2009 the OMV made the decision to restructure their energy trade in order to orient the department more towards integrated gas and power trading. A fundamental requirement of this was a software solution which could cover schedule management against the background of the new central business model of “asset backed trading“.

VisoTech‘s Solution

As the Austrian market leader in scheduling systems, and having completed reference projects of a comparable scale and similar complexity, VisoTech emerged as a promising partner for the project implementation from the beginning. Periotheus is distinguished in particular by the countless markets and formats which are inherently supported. The ability to easily expand the system to include additional markets and a modular construction were significant for the subsequent decision.

The Result

By using the Periotheus Schedule Management it was possible to clearly present the structure of the cross-market and transnational commodity trade within the system, despite its complexity and the multitude of parameters. The implementation of the schedule management, as well as the gradual expansion to include further markets, was successfully executed in the planned time frame and in compliance with the planned costs.

Particular attention should be brought to the flexibility of Periotheus, which allowed the successful deployment of changes and updates inevitable for a project of this magnitude and complexity. Since its implementation in 2009, VisoTech‘s schedule management system has constantly expanded together with the increasing trading volume and the increased demands from the OMV. This not only covers the number of transactions processed in the system, but also additional functions and performance features which have ensured that, since the system‘s launch, it can keep pace with the business‘ development and expansion and still constitutes an up-to-date and reliable tool.

 

Case Study – OMV

Schedule Management Implementation

We are pleased that we can bring our expert knowledge of the energy sector to this joint project and as such could make use of Periotheus‘ flexibility at the OMV.

Johannes Püller
Geschäftsführer VisoTech

ABOUT OMV

OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. As an international and integrated oil and gas company it is now active in around 30 countries worldwide and has a workforce of around 25,500 employees. In addition to the exploration and production of oil and gas, the company also markets its products and makes a substantial contribution to the energy supply for Austria and its core markets with around 200 million customers in Central Europe, South-Eastern Europe and Turkey. OMV’s integrated Gas and Power (G&P) business operates across the entire gas value chain. The gas supply portfolio consists of equity gas and is complemented by contracted volumes. Through a 2000 km gas pipeline network as well as own gas storage facilities with a capacity of 2.7 bcm, the gas is brought to the market and sold via own sales channels.

FACTS ABOUT OMV:

  • active in about 30 countries worldwide
  • about 200 million customers in Central Europe, South East Europe and Turkey
  • integrated and international oil and gas company – explores, refines and markets oil and natural gas
  • 2014 the daily production rate was about 309,000 boe/d
  • operates three refineries and about 4,100 gas stations in 11 countries
  • Sales: 36 bil. Euro | 25,500 employees | EBIT: 1 bil. Euro.

Case Study – VERBUND

Production Data Management System

THE CHALLENGE

In 2014 VERBUND made the decision to replace the existing main dispatcher information system. The requirements for this new software solution were extremely complex. A series of existing systems had to be replaced and several existing external systems had to be integrated.

VisoTech‘s Solution

On account of the longstanding good cooperation with VERBUND AG, VisoTech was an auspicious partner for the implementation of the project. In order to accommodate the special requirements for a production data management system, an expansion of the Periotheus Suite was both specified and subsequently implemented within the framework of a developement cooperation.

THE RESULT

As a result of the development cooperation between VERBUND and VisoTech, a new function was added to the Periotheus Suite – power station management. Based on this standardised solution VERBUND could cover all of the extensive requirements of the production data management system, which succeeded in replacing several existing systems and applications and integrating Periotheus into the existing system environment.

Using the Periotheus power station management, the system displayed the management of production data from the power stations in a clear structure and in all their complexity with their wide range of influencing factors. The joint specification of the power station management, as well as the subsequent gradual implementation and integration, was successfully carried out within the planned time frame and in compliance with the planned costs.

Taking into account the requirements and using our experience, VisoTech has managed to expand the software solution to include power station management, which has actually exceeded our expectations. In particular the good usability and flexible connectivity with other systems should be emphasized.

Dr. Klaus Hebenstreit
Ressource Planning, Dispatching & Scheduling
VERBUND Trading AG

Case Study – VERBUND

Production Data Management System

ABOUT VERBUND

VERBUND is Austria‘s leading electricity company and one of the largest producers of hydroelectric power in Europe. More than ninety percent of its electricity is generated from hydroelectric power. VERBUND has a market share of around 7 percent in the small consumer segment, whilst the company is the leader in the industrial sector with roughly 20 percent. VERBUND trades in power in 12 countries and in 2014 achieved a yearly turnover of 2.8 bn Euros with around 3,000 employees. Including its daughter companies and partners, VERBUND is active in industries from electricity generation, through transport, to international trading and sales.

In 2013, with approximately 3,000 employees, VERBUND achieved an annual turnover of 3.2 billion Euro, as well as a group result of 580 million Euro. VERBUND was founded in 1947 and has been listed on the Vienna Stock Exchange since 1988; 51 % of the company’s shares are owned by the Republic of Austria. By 2018, VERBUND plans to invest € 1.5 billion in wind farms, grids and efficiency improvement of existing hydroelectric power plants.

FACTS ABOUT VERBUND AG:

  • Austria’s leading electricity company
  • One of the largest producers of electricity from hydropower in Europe
  • More than four fifths of its electricity is produced by hydroelectric power, supplemented by thermal and wind power
  • VERBUND power plants cover 40% of the annual Austrian electricity requirement of approx
  • Trades electricity in 12 countries
  • Turnover: 3.2 bn Euros | 3,000 Mitarbeiter | EBIT: 580m Euro

We are pleased that we managed to exactly reproduce VERBUND‘s requirements thanks to the continued joint development of Periotheus and therefore once again could prove its great flexibility

Johannes Püller
General Manager
Visotech

VISOTECH

The company
VisoTech Logo

A COMPANY WITH A PROMISING FUTURE

Since 1999 VisoTech has offered innovative software solutions for displaying, automating and optimising business processes for the energy industry. With the autoTRADER which is part of the in-house “Periotheus” solution, VisoTech is the market leader in fully automated power spot trading. Furthermore VisoTech has been a leading provider of ETRM software and Austrian market leader in energy logistics systems for many years. Industry giants such as STEAG, VERBUND, Iberdrola, Rosneft, OMV etc. rely on VisoTech’s solutions. Numerous energy companies, providers and traders have been working with VisoTech’s innovative software solutions for years and are actively using Periotheus in nearly all European electricity and gas markets. Greenfield and start-up companies are catered for just as well as medium and large sized companies.

JMA

Jürgen Mayerhofer General manager

Values and corporate culture

We have a clear goal in our mind: as a pioneering company with unique software solutions, we succeed in continually inspiring both our customers and our employees. The values anchored in our company philosophy are the foundation for lasting relationships with our partners and employees.

VISION

  • Other companies look to VisoTech as a role model in the production of enterprise software

MISSIONS

  • We inspire our customers through our enterprise software with demand-driven response times,
    a uniquely elegant design and unrivalled usability
  • We inspire our employees by offering a working environment which enriches their lives, using procedures which are clear, efficient and exciting and by providing opportunities for personal as well as professional development, which make them the best in their respective fields

CORPORATE CULTURE

  • VisoTech places great importance on creating a working environment where everyone feels comfortable and motivated to excel at their daily tasks. Every employee is important and contributes significantly to the overall success. Together as a team we create innovative solutions for our clients and recognise and encourage each other’s strengths.

Shareholder

VisoTech is a privately owned company and both shareholders have active roles in key functions:

 Johannes Püller, Product Management

 Wolfgang Eichberger, R&D

Our partners

VisoTech attaches great importance to well-functioning local partnerships. Together we can create and increase the value added for our customers.

 

deltaconX Regulatory Platform is an innovative software solution catering for European Financial and Energy Market participants enabling our customers to meet various regulatory requirements.

The EDNA Bundesverband Energiemarkt & Kommunikation e.V. (EDNA Federal Association for the Energy Market & Communication) wants to promote the automation of the business processes between the market participants in the liberalised energy market. Its members are more than 60 producers of software systems for the energy market–as of yet not including the industry giant SAP–as well as consulting firms and energy market service providers.

Since 1991, transition technologies has specialized in providing engineering and software services for the energy and gas market in Poland and the rest of the world.

Press information

Press contact

Thomas Lieder
Phone: +43 1 6092290 370
E-mail: contact@visotech.at

Image material

Our logo and other images and photos can be downloaded in print quality (300 dpi).

Careers at VisoTech

VisoTech places great importance on creating a working environment where everyone feels comfortable and motivated to excel at their daily tasks. Every employee is important and contributes significantly to the overall success. Together as a team we create innovative solutions for our clients – and recognise and encourage each other’s strenghts.

As our company grows, we are always on the lookout for new, talented employees to strengthen our team. More information about VisoTech as an employer and our current vacancies can be found here.

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