Industrial Turbine Services

What Industrial Turbine Services does

Industrial Turbine Services (ITS) is an Austrian private limited company (GmbH) founded in 2001 by Thomas Finstermann and Wolfgang Heck, with operations headquartered in Laakirchen/Steyrermühl, Upper Austria. The company was established in direct response to General Electric's acquisition of the European gas turbine manufacturers, positioning ITS as an independent source of supply and aftermarket support for operators of GE heavy duty gas turbines (Frame 5, 6, 7, 9). Its product portfolio centers on three proprietary systems: the MACH7 Turbine Control System, a Siemens S7-400H-based retrofit replacement for legacy GE Speedtronic Mark II/IV/V/VI control panels; TMOS SCADA, an HMI/DCS solution purpose-built for the power generation industry; and Premium Class Flame Scanners developed over more than 16 years. These are complemented by refurbished and new GE Speedtronic spare parts (Mark I through Mark V), custom-manufactured turbine casings, bearing housings, inlet ducts, exhaust silencers, and small parts/accessories sourced through a large warehouse and partner network.

ITS generates revenue through one-time hardware sales (control systems, spare parts, custom components), per-project engineering and retrofit services performed by field engineers, and licensing of its control and SCADA platforms. All first contacts route through the Austrian head office, with regional sales/service offices in Essen, Germany (opened 2004) and Puchong, Malaysia (opened 2007), supported by a channel partner network that includes LST GmbH in Bremen and TTS Energy Services in Orlando. The company holds ISO 9001:2015 and ISO 45001:2018 certifications, sells primarily to mission-critical power generation operators with secondary reach into oil, gas, steel, aluminium, and paper industries, and counts Vattenfall among its documented enterprise customers. Pricing is opaque, conducted via contact-based quoting for custom solutions, with no public pricing disclosed.

The business model is that of a bootstrapped, founder/management-owned niche industrial specialist with no disclosed external funding, three shareholders (Thomas Finstermann, Wolfgang Heck, and Jochen Burgstaller), and a single primary product platform philosophy: extending the operating life and modernizing the control systems of installed GE gas turbine fleets outside of OEM channels.

Name

Industrial Turbine Services

Legal name

ITS - Industrial Turbine Services GmbH

Website

https://turbineservices.at

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Industrial Gas Turbine Control Systems

NAICS

Turbine and Turbine Generator Set Units Manufacturing (333611), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Relay and Industrial Control Manufacturing (335314)

SIC

Engines & Turbines (3510), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Gas Turbines (Industrial & Utility-Scale) (IMAHAFAA)

akta.pro secondary industries

Instrumentation, Controls & Automation (DCS/PLC/SCADA, SIS, Metering) (EUAEAFAC), Protection, Control & SCADA/Automation Installation (Relay Panels, RTUs) (IMAFAHAF)

Keywords

• Gas turbine control
• Turbine monitoring systems
• Speedtronic spare parts
• Turbine casings manufacturing
• Flame detection sensors

Headquarters

HQ city

Laakirchen

HQ country

Austria

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales: Sales of turbine casings, spare parts (GE Speedtronic cards, flame scanners, speed sensors, accessories), and components for gas turbines. Products are sold as new, unused, or refurbished items.
2. Control Systems: MACH7 Turbine Control System sold as a retrofit replacement for GE control panels. TMOS SCADA turbine monitoring system sold as the HMI/DCS solution.
3. Engineering Services: Service engineers evaluate issues on site and offer customized solutions for optimizing gas turbines. Includes retrofit services, installation, and ongoing support.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

ITS develops and sells automation and operation solutions for industrial gas turbines, including the MACH7 retrofit turbine control system (a Siemens S7-400H-based direct replacement for GE Speedtronic Mark II/IV/V/VI controls), the TMOS SCADA turbine monitoring and HMI/DCS system, Premium Class Flame Scanners, new and refurbished GE Speedtronic spare parts, and custom-manufactured turbine casings, bearing housings, inlet ducts and exhaust silencers. The company also provides on-site engineering services, retrofit, installation and ongoing support delivered through direct enterprise sales and an international partner network.

Product overview

Industrial Turbine Services (ITS) offers a portfolio of products for industrial gas turbine automation, monitoring, and maintenance. The core offerings include TMOS SCADA (turbine monitoring and HMI system), MACH7 Turbine Control System (Siemens-based retrofit replacement for GE control systems), and Flame Scanners. These are supplemented by GE Speedtronic spare parts (circuit boards for Mark I-V systems), Turbine Casings (custom-manufactured parts), and small parts/accessories. The products are designed to work together with MACH7 featuring TMOS visualization, while serving the GE heavy duty turbine fleet across power generation, oil, gas, steel, aluminium, and paper industries.

Differentiator

Problem solved

Functional benefit

Brands

• TMOS SCADA: Advanced Turbine Monitoring System - Human machine interface (HMI) solution specifically designed for the mission critical Power Generation Industry.
• MACH7
• Speedtronic
• Flame Scanner

Products and services

• TMOS SCADA Advanced Turbine Monitoring System and Human Machine Interface (HMI) solution designed for the mission-critical Power Generation Industry. Used as a DCS layer for gas turbine controls and capable of integrating with MACH7 and higher-level Siemens DCS environments.
• Premium Class Flame Scanner Premium Class Flame Scanners for industrial gas turbines, developed and produced by ITS for more than 16 years with a claimed unbeaten worldwide quality standard, designed to increase the safety and reliability of gas turbines.
• MACH7 Turbine Control System Retrofit turbine control system serving as a direct replacement for General Electric gas turbine control types (Mark II, Mark IV, Mark V, Mark VI). Uses Siemens S7-400H control unit with standard industrial components without modification, providing 100% digital control and regulation, automatic fast starts for minute reserve market, black start ability, grid re-energization capability, and time stamping to the thousandth of a second for all alarms, events and measured values.
• GE Speedtronic Spare Parts New, unused, or refurbished GE-OEM cards and components for Mark I, Mark II, Mark II-ITS, Mark IV, and Mark V Speedtronic Turbine control systems. Includes circuit boards, power supplies, relay modules and other components, each tested in a fully functional and energized control unit, with refurbishment that can extend operating hours beyond original estimates.
• Turbine Casings and Custom Parts Custom-manufactured turbine casings, bearing housings, inlet ducts, exhaust silencers and other complicated turbine parts, produced to individual customer specifications. One of the few bidders in this field, leveraging comprehensive in-house knowledge of the entire GE heavy duty gas turbine fleet.
• Small Parts and Accessories for Gas Turbines Spare parts and accessories for gas turbines that are often hard to find, including items such as the ITS 472X4443M317 Hall Inch Type speed sensor for non-hot area turbine, vehicle, mobile work machine and hydraulic drive applications. Sourced through a large warehouse and a reliable network of manufacturers and resellers.

Quantifiable outcome

• MACH7 handled extreme load swings during energizing of different units without operator intervention
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• LST GmbH (Lloyd Systemtechnik)coreChannel Partner/ Reseller/ DistributorService partner located in Bremen, Germany. Provides local support and service for ITS products in the German market. Contact: [email protected], www.lst-bremen.de, phone +49 421 48 533 460.
• TTS Energy ServicescoreChannel Partner/ Reseller/ DistributorService partner located in Orlando, Florida, USA. Provides local support and parts for ITS products in the US market. Contact: [email protected], www.ttsenergyservices.com, phone +1 407 677 0813.
• International PartnersminorChannel Partner/ Reseller/ DistributorITS works with international partners worldwide to provide engineering solutions, service, advice and support on gas turbine issues globally. Specific partner names not disclosed on website.

Scale indicators4 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• GE Vernova: OEM of GE heavy-duty gas turbines and the Speedtronic control platform that ITS retrofits and supports. The original equipment manufacturer whose installed base underpins ITS's entire market opportunity.
• ABB: Major industrial automation and control systems provider with offerings in power generation DCS and turbomachinery controls. Adjacent competitor in control system modernization for power plants.
• Honeywell Process Solutions: Industrial automation and control systems provider serving power generation and process industries. Comparable in providing advanced control/HMI solutions that compete with TMOS SCADA at scale.
• Siemens Energy: OEM of large gas turbines and DCS/control systems. ITS's MACH7 uses Siemens S7-400H components, positioning Siemens as both a component supplier and a broad incumbent in power generation controls and automation.
• Sulzer (Turbo Services): Global industrial services provider with gas turbine rotor repair, replacement parts, and aftermarket services. Comparable in serving the aftermarket needs of GE and other heavy-duty gas turbine operators.

Direct peers

• Megasys (Gas Turbine Services): Specialized supplier of GE Speedtronic control system parts, refurbishment, and replacement cards for Mark I-V systems. Closest direct competitor to ITS's spare parts and refurbishment business.
• ProEnergy Services: Provider of gas turbine aftermarket services, including mobile substations, operations and maintenance, and parts for GE and other OEM fleets. Directly comparable peer in the industrial gas turbine services space.
• Mechanical Dynamics & Analysis (MDA): Independent service provider specializing in vibration analysis, rotor dynamics, and aftermarket services for industrial gas turbines and generators. Comparable in offering specialized niche engineering services to GE fleet operators.
• Power Systems Mfg (PSM): Major aftermarket service provider for GE heavy-duty gas turbines, offering parts, repairs, and field services to the same Frame 5/6/7/9 fleet that ITS targets. Directly comparable in serving mission-critical power generation operators seeking alternatives to OEM.
• Atlas Turbine Services: Independent aftermarket provider for GE heavy-duty gas turbines offering spare parts, field services, and repair. Comparable niche independent supplier serving the same GE installed base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/ITSTurbineServices
• Xx.com/ITSTurbineServi
• Facebookfacebook.com/IndustrialTurbineServices

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Industrial Turbine Services