OPAL-RT's sales in China have grown by a factor of 7
MONTREAL, Dec. 4, 2013 /PRNewswire/ — Asia, and especially China, is a market with huge growth potential for OPAL-RT TECHNOLOGIES. In the last 4 years, OPAL-RT product sales in the Chinese market have grown by a factor of 7. The two main reasons for OPAL-RT's success are its flexibility and its unequalled price/performance ratio. "No matter how large or complex the projects, OPAL-RT has the resources to deliver them successfully, combining high quality and cost-effectiveness," says Jean Belanger, OPAL-RT CEO & CTO. That is why OPAL-RT has set up a technical expertise center in Beijing, China. The center has three full time staff whose main duties are high level technical support for our most complex projects. Although based in Beijing, our staff also travels to other nearby countries in Asia to offer support.
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The company also has a subsidiary in India. Since 2004, activities in India have been growing steadily in terms of operations, customers and revenues. India has always been a major contributor to the Asian engine.
OPAL-RT also works with a network of local distributors throughout the Asian territory. Benoit Marcoux, Channel Manager at OPAL-RT, is in charge of business development in the following key Asian countries: China, Korea, Taiwan and Singapore/Malaysia.
One of the main reasons for OPAL-RT's success is that it has established a strong relationship with a key distributor in China, since 2002, with a company called KELIANG. Because of the collaboration with KELIANG, OPAL-RT won several transmission real-time simulator projects in China over the last few years involving the simulation of Multi-Modular Voltage source HVDC converters used in modern power systems. Among them, OPAL-RT delivered the world's largest eMEGAsim simulatorin 2011. This sale and all the subsequent ones, confirm OPAL-RT's position as the power system and power electronics MMC real-time simulator leader in China.
As for the Chinese automotive market, OPAL-RT also works with a partner in the automotive field; Eontronix Co. Ltd., founded in 2003 and based in Beijing.
In Taiwan, OPAL-RT products are marketed by CYBERNET Systems Taiwan, a subsidiary of CYBERNET Systems Co. Ltd. in Japan. In Japan, OPAL-RT has been collaborating with NEAT Co Ltd for 10 years. In Malaysia and Singapore, OPAL-RT distributes its products through TME Systems Ltd. which has a regional presence in both countries. In South Korea, OPAL-RT collaborates with Shinho Systems Ltd.
OPAL-RT is setting its goal for 2014: to supply all customers in Asia with brand new OP4500 simulators. The OP4500 is in line with OPAL-RT's mission: to democratize real-time simulation without compromising on performance. It is the first real-time power grid digital simulator offered at very low entry-level prices. The OP4500 is a great price/performance ratio that enables many smaller companies and universities to purchase such high-performance systems to perform tasks that were previously only reserved for big budgets. It is another important milestone achieved by OPAL-RT.
About OPAL-RT TECHNOLOGIES:
OPAL-RT is a world leading developer of open, Real-Time Digital Simulators and Hardware-in-the-Loop testing equipment for electrical, electro-mechanical and power electronics systems. Our simulators are used by engineers and researchers at leading manufacturers, utilities, universities and research centers around the world.
Our unique technological approach integrates parallel, distributed computing with commercial-off-the-shelf technologies. Customers perform Rapid Control Prototyping, System Integration, and Hardware-in-the-Loop testing of electric drives, electronic controllers and power distribution networks in a variety of industries including automotive, aerospace, electric ships, power generation, rail, and industrial manufacturing.
http://www.opal-rt.com/company/distributors
OPAL-RT TECHNOLOGIES
Beatrice Perier-Agostini
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H3K 1G6, Montreal, Canada
Tel: 514-935-2323, ext 313
Toll free: 1-877-935-2323
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