| Type | Public limited company |
|---|---|
| Traded as | LSE: ISYS |
| Industry | Industrial Automation, Transportation, Controls |
| Founded | 1999 |
| Headquarters | London, United Kingdom |
| Key people | Nigel Rudd (Chairman) Wayne Edmunds (Chief Executive) |
| Products | Automation Software Computer-based Automation Hardware Railway Control and Communication Systems Temperature Controllers Control Systems |
| Revenue | £2,243 million (2010)[1] |
| Operating income | £223 million (2010)[1] |
| Net income | £151 million (2010)[1] |
| Employees | 20,357 (2010)[1] |
| Website | www.invensys.com |
Invensys plc (LSE: ISYS) is a global engineering and information technology company headquartered in London, United Kingdom. It was formed in 1999 through the merger of BTR plc and Siebe plc.[2] It has offices in more than 50 countries and its products are sold in around 180 countries.[1]
Invensys is organised into three main divisions. Its Invensys Operations Management division is a global industrial automation supplier and trades under brands including Avantis, Eurotherm, Foxboro, IMServ, InFusion, Triconex, SimSci-Esscor, Skelta, and Wonderware.[1] Its Invensys Controls division is a global supplier of control devices and trades under brands including Drayton, Eberle, Eliwell and Invensys Appliance.[1] Its Invensys Rail division is a major supplier of railway control equipment and software and trades under brands including Dimetronic, Safetran and Westinghouse.[1]
Invensys is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
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The company was formed by the merger of Siebe plc and BTR plc in 1999.[2] From 1999 to 2004, Invensys underwent a major restructuring programme to cut its costs as falling sales and large debts had led to the danger of the company going bankrupt. A major disposal programme, combined with a £2.7bn debt restructuring in 2004 saved the company from collapse.[3] During that time Invensys bought[4] and sold The Baan Corporation.[5]
In March 2011, Wayne Edmunds, who had been the company's Chief Financial Officer since 2009, was appointed Chief Executive, replacing Ulf Henriksson.[6][7] According to The Financial Times, Henriksson, who had been the company's Chief Executive since 2005, had had differences with chairman Nigel Rudd over running the company, differences in spite of the company's return to financial health under Henriksson.[7]
Invensys has three divisions: Invensys Operations Management, Invensys Rail, and Invensys Controls.[8]
Invensys Operations management is a technology, software and consulting business formed from the three Invensys industrial automation businesses – Invensys Process Systems, Wonderware and Eurotherm.[9] Sudipta Bhattacharya is the current Chief Executive Officer of Invensys Operations Management, which is headquartered in Plano, Texas, USA.[9]
Supplier of control measurement and data recording to industrial and process consumers.[10]
Provides control systems addressing distributed and plant operations[11] as well as measurement and instrument systems.[12] Instruments include Pressure Transmitters[13], Coriolis Flow Meters[14], Valve Positioners[15], Buoyancy Level Transmitters[16] and Temperature Transmitters[17]
IMServ Europe Ltd a provider of carbon & energy solutions and data monitoring.[18] IMServ was previously part of Invensys Controls.
Skelta BPM[19] is an enterprise wide Business Process Management and Advanced workflow solutions product which provides enterprises with a strong and collaborative platform to develop a business application, using a seamless and efficient process model.
Triconex provides safety and critical control systems used in a wide variety of critical applications including Emergency Shutdown, Burner Management, Fire and Gas and Turbomachinery Control and Protection.[20]
Wonderware provides a range of software products to address production operations, production performance, manufacturing intelligence, business process management and collaboration.[21]
Invensys Rail Group designs, manufactures, supplies, installs, commissions and tests safety-related rail signaling, grade crossing predictors, and control systems for mainline, metro and freight railways. Kevin Riddett is the Chief Executive Officer of Invensys Rail, headquartered in Chippenham in the United Kingdom. [22]
Invensys Controls is a provider of components, systems and services used in appliances, heating, air condition/cooling, refrigeration and safety products as well as building systems across a wide range of industries in residential and commercial markets. Mark Balcunas is the Chief Executive Officer of Invensys Controls, headquartered in Carol Stream, Illinois, USA.[23]