POWERSYS

What POWERSYS does

POWERSYS is a French private engineering technology company founded in 2002 and headquartered in Le Puy Sainte Réparade, France, with 11-50 employees. The company is the primary global distributor and co-innovator of JMAG electromagnetic simulation software (developed by JSOL Corporation, Japan) and distributes five additional simulation tools: SIMBA (power electronics, from AESIM), CYME (power systems, from CYME International), SmartCtrl (power electronics, from Carlos III University of Madrid), MpCCI (multi-physics coupling), and Cradle (multi-physics).

Beyond software distribution, POWERSYS operates three service lines: engineering consulting (electromagnetic design expertise delivered by specialist engineers), simulation toolchain integration (combining JMAG with complementary tools for multi-physics analysis), and power computing (HPC infrastructure supporting parallel/distributed calculations across up to 2,000 cores). Revenue is generated through one-time software licensing, recurring annual maintenance contracts (including technical support, version updates, and upgrades), training/workshops delivered in-person and online, and engineering consulting services. Pricing is quote-based, with EUR pricing for European customers and USD for non-European customers.

The company serves enterprise customers across four primary verticals: automotive OEMs and Tier-1 suppliers (named customers include Volvo, Renault, Polestar, Ferrari, Rivian, Mercedes-Benz, GM, Bosch, AVL), aviation and aerospace (Airbus for eVTOL and hybrid-electric propulsion), EV charging infrastructure and energy, and research institutions and universities. Go-to-market is enterprise field sales supplemented by an annual JMAG User Conference circuit (Stuttgart, Bangalore, Detroit), webinar programs, and direct training delivery including co-developed courses with the University of Nottingham PEMC Institute.

Name

POWERSYS

Legal name

POWERSYS

Website

https://powersys-solutions.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

POWERSYS distributes and co-innovates JMAG and other engineering simulation software (SIMBA, CYME, SmartCtrl, MpCCI, Cradle) while providing electromagnetic design consulting and HPC services to automotive OEMs, aerospace firms, and EV charging infrastructure companies globally.

Ownership category

akta.pro rank

Product category

Engineering Simulation Software

NAICS

Computer Systems Design and Related Services (5415)

akta.pro primary industry

Power Management & Power Conversion ICs (PMIC/DC‑DC/AC‑DC/Gate Drivers) (HDAHABAE)

akta.pro secondary industries

Medium-Voltage (MV) Power Conversion (MVPCS, MV Drives, MVDC) (EUAFAIAE), Dispatchable Distributed Generation (Gas Reciprocating Engines, Microturbines) (EUACALAI)

Keywords

• Electromagnetic simulation software
• Power electronics simulation
• Multi-physics CAE software
• Electric motor design
• Engineering simulation consulting

Headquarters

HQ city

Le Puy

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Software Licensing and Distribution: POWERSYS distributes multiple engineering simulation software products (JMAG, SIMBA, CYME, SmartCtrl, MpCCI, Cradle) as authorized distributor for various software owners. Software is sold at the price mentioned in the quote, confirmed in acknowledgement of order and invoice. The software is delivered without accessories. Customer use is restricted to internal use only.
2. Annual Maintenance Contracts: Annual Maintenance Plan entitles customers to technical support (hotline, engineering support via email/fax/phone/web meeting), free version updates, and software upgrades for one year from invoice date. Renewal is offered automatically 2 months before expiry via quote. Late fee of 50% of monthly maintenance price applies per late month if renewed after expiration date.
3. Training, Workshops, Seminars, and Courses: POWERSYS offers a range of product services dedicated to the above-mentioned software training and use, including workshops, trainings, seminars, and courses. These services are delivered in-person and online, with cancellation policies and minimum participant requirements.
4. Engineering Consulting Services: Engineering expertise services including electromagnetic design consulting, simulation workflow development, and end-to-end design factory services. The company has a team of electromagnetic experts with extensive experience in complex electrical engineering design.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

POWERSYS distributes and supports a portfolio of engineering simulation software — led by JMAG (electromagnetic FEA) and SIMBA (power electronics simulation), plus CYME, SmartCtrl, MpCCI, and Cradle — and complements the software with engineering consulting, integrated simulation toolchain development, and high-performance computing services (up to 2000 cores) to enable multi-physics, optimized design of electric machines and power electronics systems for e-mobility, aviation, and charging infrastructure customers.

Product overview

POWERSYS is a technology company specializing in electromagnetic and power electronics simulation solutions. The company distributes and supports a portfolio of software products including JMAG (electromagnetic FEA simulation), SIMBA (power electronics simulation), CYME (power systems analysis), SmartCtrl, MpCCI, and Cradle software. Beyond software distribution, POWERSYS provides engineering consulting services, simulation toolchain integration, and high-performance computing solutions. Their offerings serve e-mobility, aviation, and charging infrastructure industries, enabling clients to design optimized electrical and electromagnetic systems through multi-physics simulation, optimization, and automated workflows. The company operates as a value-added reseller and technical partner, with strong focus on JMAG co-innovation with developer JSOL Corporation.

Differentiator

Problem solved

Functional benefit

Products and services

• JMAG
• SIMBA
• CYME
• SmartCtrl
• MpCCI
• Cradle
• Engineering Expertise (Consulting Services)
• Power Computing (HPC)
• Training and Workshops

Quantifiable outcome

• 25% reduction in electric development project time
• +2 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability6 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• SIMBA (AESIM)coreTechnology or Integration · 29 September 2026SIMBA is a software platform for power electronics simulation, designed to help engineers model, test, and optimize complex systems. POWERSYS distributes SIMBA worldwide. SIMBA enables unified power electronics simulation, design space exploration, and workflow integration via APIs and Python. Key capabilities include FMI support, SPICE improvements, JMAG direct coupling with subcycling, and the new SIMBA Assistant AI-powered agent.
• University of Nottingham Power Electronics, Machines and Control (PEMC) InstitutecoreStrategic or Co-development Partner · 2 July 2026POWERSYS collaborates with the University of Nottingham PEMC Institute for joint training delivery on High-Fidelity Modelling and Optimisation of Next Generation Electric Motor Drive. The course features PEMC researchers as speakers alongside POWERSYS engineers. PEMC researchers contribute sessions on accelerated multiphysics optimization, high-speed EV traction motor design, hairpin winding modeling, and wideband high-frequency modeling. POWERSYS contact: Corentin Jouvet, Head of EU Operations; University contact: Dr. Tianjie Zou, Associate Professor of Electrical Machines.
• JSOL CorporationcoreTechnology or IntegrationPOWERSYS is the primary global distributor and co-innovator of JMAG electromagnetic simulation software developed by JSOL Corporation (Japan). The two companies collaborate closely to co-innovate workflows and adapt JMAG solutions for major global customers. POWERSYS hosts the annual JMAG User Conference in collaboration with JSOL (Stuttgart, Bangalore, Detroit), and JSOL sponsors these events. JMAG is described as developed by JSOL with whom POWERSYS collaborates closely to co-innovate workflows.
• CYME International, Inc.coreChannel Partner/ Reseller/ DistributorPOWERSYS is the distributor of CYME software. The software is the property of CYME International, Inc. and is subjected to copyright. CYME is a power system analysis software covering electrical network analysis and design.
• AESIMcoreChannel Partner/ Reseller/ DistributorPOWERSYS is the distributor of SIMBA software. The software is the property of AESIM and is subjected to copyright. SIMBA is a power electronics simulation platform.
• MpCCIminorChannel Partner/ Reseller/ DistributorPOWERSYS is the distributor of MpCCI software. The software is subjected to a copyright. MpCCI enables simulation coupling across different CAE tools.
• CradleminorChannel Partner/ Reseller/ DistributorPOWERSYS is the distributor of Cradle software. The software is subjected to a copyright. Cradle is multi-physics simulation software for thermal, structural, and fluid analysis.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• AVL: AVL is a major automotive engineering services provider for EV powertrain development. Listed as a peer because AVL is also a POWERSYS customer and competing services provider in the EV simulation and e-motor design space, addressing the same OEMs with broader engineering depth.
• FEV Group: FEV provides engineering services and simulation tooling for electric and hybrid powertrains. Comparable to POWERSYS because it serves the same automotive OEM customers for e-motor and power electronics development, combining consulting with internal CAE toolchains.
• Ricardo: Ricardo offers engineering services and software tools for electrified powertrain development. Comparable to POWERSYS because it competes for the same electrification engineering services budgets at OEMs and Tier-1s, with overlapping expertise in EM/power electronics design consulting.

Broad incumbents

• Altair: Altair offers Flux (electromagnetic FEA) and MotSolve (electric machine design) within its broader CAE and simulation portfolio. Comparable to POWERSYS because it directly competes in the EM simulation space for EV motors and power electronics, while also providing multiphysics tools at a larger scale.
• Ansys: Ansys is a leading CAE software provider whose Maxwell product competes directly with JMAG for electromagnetic simulation of motors, transformers, and power electronics. Comparable because it serves the same automotive/aerospace OEMs and offers a broader integrated multiphysics suite that overlaps with POWERSYS's distributed portfolio.
• Dassault Systèmes (SIMULIA / CST): Dassault's SIMULIA portfolio and CST Studio Suite provide EM and multiphysics simulation used by automotive and aerospace customers. Comparable to POWERSYS because it competes in EM/power electronics simulation while offering a much broader PLM-integrated CAE ecosystem.
• Siemens Digital Industries Software: Siemens offers Simcenter MAGNET and Motorsolve for EM simulation of electric machines, integrated into the broader Simcenter portfolio. Comparable because it competes with POWERSYS's JMAG offering in automotive electrification and benefits from Siemens's deep OEM relationships as a tier-1 supplier.
• Hexagon (MSC Software): Hexagon's MSC Software provides CAE tools (Adams, Actran, Marc) and EM/power electronics capabilities used in automotive and aerospace design. Comparable because it competes for the same multiphysics simulation budgets at OEMs that also use JMAG/SIMBA.
• COMSOL: COMSOL provides multiphysics simulation software with strong EM and power electronics modules used by engineering teams designing electric machines. Comparable to POWERSYS because its AC/DC and RF modules compete with JMAG in early-stage EM design and serve similar academic and OEM customers.

Others

• JSOL Corporation: JSOL is the Japanese developer of JMAG and POWERSYS's closest partner. Listed as a peer because JSOL sells JMAG directly in Japan and Asia, making it a partial competitor to POWERSYS in those geographies while remaining its primary supplier elsewhere.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/PowersysFrance
• Facebookfacebook.com/PowersysWorld
• LinkedInlinkedin.com/company/powersys
• Instagraminstagram.com/powersysworld

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about POWERSYS