News TRC Named Collaboration and Implementation Partner for IPS
MUNICH, Germany and WINDSOR, Conn. — TRC Companies, Inc. (TRC), a global professional services firm providing integrated strategy, consulting, engineering and applied technologies, announced today a collaboration agreement with IPS Intelligent Process Solutions GmbH. This partnership positions TRC as an implementation partner for IPS’s software solutions across the EMEA and North American regions.
The collaboration will focus on delivering end-to-end solutions for IPS’s full suite of products with an emphasis on:
Data Governance and Network Model Management
Asset Performance Management and Asset Investment Planning
System Protection
Advanced Facility Ratings Management (FERC Order 881)
Outage Management Systems
“This partnership represents an important step in supporting the utility and grid transformation with advanced digital decision-making capabilities. The strong capabilities of TRC and IPS combined will greatly benefit our customers,” said Michael Schneider, CEO of IPS.
Craig Cavanaugh, President of TRC’s Digital Solutions, added,“Our collaboration with IPS brings together deep grid operations expertise and advanced digital capabilities to help operators and market participants move from data complexity to operational clarity. Together, we’re enabling more connected, resilient and market-responsive grid operations.”
This agreement underscores both companies’ commitment to leading the digitalization strategy of grid operators and market participants, marking the start of a long-term strategic partnership.
About IPS
IPS Intelligent Process Solutions is a leading global provider of specialist software for power utilities, helping grid operators plan, maintain, and operate reliable, sustainable energy networks. With over 20 years’ experience and customers across the world, we deliver an integrated platform for asset and network data management, advanced analytics, and investment planning. Engineered by power system experts and enhanced with AI and machine learning, our solutions support utilities in boosting operational efficiency, optimizing asset performance, and accelerating the energy transition. Learn more at ips-energy.com and follow us on LinkedIn.
About TRC Companies
TRC stands for adaptability. With direction setting perspectives and partnerships, our 8,000+ tested practitioners in advisory, consulting, construction, engineering and management services deliver unique resolutions that answer any built or natural imperative. By creating new pathways for the world to thrive, we help our clients adapt to change and achieve long-lasting results while solving the challenges of making the Earth a better place to live — community by community and project by project. TRC is ranked #17 on ENR’s list of the Top 500 Design Firms, #5 for Power and #3 for Transmission & Distribution.
