IPTO acquires state-of-the-art Information System by Intrasoft and OTE

New era for the administrative corporate processes.

Independent Power Transmission Operator has proceeded with the procurement of a state-of-the-art integrated business information system with a total value of 6.5 million euros, which will be developed and implemented by the consortium of INTRASOFT International and OTE Group of Companies. The new system signifies a new era of digitization for all administrative corporate processes.

The assignment contract has been signed at IPTO’s premises, by IPTO’s President and CEO Mr. Manos Manousakis, INTRASOFT International’s Managing Director Mr. Alexandros Manos and OTE Group of Companies’ ICT Director Mr. Lykourgos Antonopoulos, in the presence of IPTO’s Deputy CFO Mr. Jason Rousopoulos, INTRASOFT International’s Enterprise Solutions General Manager Mr. Christos Kontellis and OTE Group of Companies’ Private Sector Business Leader Mr. Dimitris  Nikolakopoulos.

INTRASOFT International, in cooperation with OTE, will develop the new integrated operational information system for IPTO, aimed at renovating and upgrading all processes in the fields of Enterprise Resource Planning (ERP), Human Resource Management (HRM), Fixed Asset Management (EAM – Enterprise Asset Management), Planning and Execution of Technical Tasks (WFM – Workforce Management) and Project Management (PS – Project System). The implementation of the new system will be based on globally accredited technologies and solutions and is expected to meet the needs of IPTO and its subsidiaries.

Mr. Manos Manousakis, President & CEO of IPTO, commented: "This new significant project with INTRASOFT International & OTE marks a huge step towards the digitalization and modernization of IPTO’s internal processes. Through this brand-new SAP Integrated Business Information System, our Company's data become protected and can be used to effectively manage and utilize the property assets of the Administrator, with the support of state-of-the-art systems."

Mr. Alexandros Manos, Managing Director of INTRASOFT International commented: "We are looking forward to starting the implementation of this substantial project. Our extensive experience in the energy ERP and IT systems development is a guarantee of success for the Digital Transformation of IPTO, an operator that is expected to play a key-role in the Energy market. INTRASOFT’s participation in this noteworthy project is a special honour and success for us."

Mr. Lykourgos Antonopoulos, ICT Director of OTE Group of Companies commented: "OTE Group’s contribution to the huge project of IPTO’s digital transformation, affirms our position in the market as a reliable partner, with strong know-how and experience in providing specialized technological solutions. True to our commitment to use technology in order to create a better world, we stand by every business and organization, public or private, that wants to shift to the new digital age."