During the year 2020 INFO TECH gained 4 new customers licensing our IEC 61850 software library, while 8 of our long term customers acquired upgrades of our Library, aiming at Edition 2 / Edition 2.1 of the standard which is already supported by INFO TECH software. Also, due to the newly explored market areas in Europe and Asia, we could experience a significant increase in the sales of the licenses to our testing and simulation toolsets: 61850 Avenue and 61850 SCL Runner.
Based on the market research we can claim that the very first implementations of the IEC 61850 Ed.2.1 server interface in protection relays are based on INFO TECH Library ! Thus, we can congratulate our customers to be the lucky market leaders of 2021 - knowing that "luck is what happens when preparation meets opportunity" (Seneca discovered this already in the 1st century AC).
We are pround that despite of the global pandemic situation, the resulting recession and its eventual impact on power industry, it was possible to retain the strong co-operation with our key customers, for whom INFO TECH software and the related services bring true and unreplaceable added value to their products. Thank You All for this !
Like in the previous year, in 2020 the market interest in our expert level IEC 61850 trainings remained high, though the situation allowed us to organize only 2 residential courses with emphasized hands-on part. But every cloud has a silver lining and we could turn this situation into improving our capability of offering remote training courses using video-conferencing tools.