Princeps Tessera Propius Corporation

What Princeps Tessera Propius Corporation does

Princeps (legal form: Société par Actions Simplifiée, registered in France under company number 403 135 783) is a privately held French software and consulting company that develops industrial planning and scheduling solutions for process industries, with a primary focus on oil refining and petrochemicals. Its headquarters are at 56 Boulevard de la Mission Marchand, 92400 Courbevoie (La Défense), France. The company was founded circa 1995-2000 (firmographic record shows 1995, internal company history cites 2000) and has been operating for over two decades, serving customers across Europe, the Americas, Africa, the Middle East, and Asia.

The company's core offering is the Flowers platform, a unified software suite that combines discrete event simulation, constraint resolution, and linear-programming-based optimization to address industrial production planning, production scheduling, crude oil blending and sequencing, product blending, logistics, and energy and emissions optimization. Specialized modules include Compass (crude oil blending and sequencing), Optimix (multi-period product blending), and PrincepsLP (refinery planning). The platform serves both continuous and batch manufacturing processes and is deployed on a direct enterprise basis with implementation services and training included. Notable reference customers include TotalEnergies (11 sites since 2015), Petrobras (6 refineries plus upstream), Sasol (Secunda, South Africa), Saudi Aramco, Orlen Lietuva, Unipetrol, Adisseo, Bayernoil, BSR (Vietnam), Natref, and Varo Energy. The company claims a 3-10% margin improvement for customers deploying the full suite, a 4-hour average support response time, and a 12-hour training time before users can build complete programmes. R&D intensity is reported at 23% of sales, and the company maintains academic collaborations across Europe.

Princeps operates a consultative, direct enterprise sales model with no channel partners, multi-year subscription contracts, and bilingual (English/French) marketing. Revenue model is enterprise software licensing and subscription, with implementation and training services bundled in. There is no disclosed revenue, no funding rounds, no parent company, and no headcount figure in the source material; the company appears to be founder-managed, with Hamid Chehade identified as Directeur de la publication. There are no awards, patents, certifications, M&A, or regulatory actions captured. The company positions its offering against the challenge of bridging high-level planning models with day-to-day operational scheduling in complex industrial environments, with a stated recent emphasis on energy balance and carbon footprint as part of its solution scope.

Name

Princeps Tessera Propius Corporation

Legal name

Princeps

Website

https://princeps.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Princeps is a French private software company that provides the Flowers platform for industrial planning, scheduling, and optimization, primarily serving oil refineries, petrochemical plants, and broader process industries with direct enterprise SaaS deployments across global markets.

Ownership category

akta.pro rank

Product category

Industrial Optimization Software

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Manufacturing ERP (Discrete, Process, Batch) (HDAEAEAB)

Keywords

• Industrial optimization software
• Production scheduling software
• Refinery planning systems
• Discrete event simulation
• Linear programming optimization

Headquarters

HQ city

Courbevoie

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing and Subscription: Enterprise software licensing model for the Flowers platform suite, including modules for planning, scheduling, crude management, and blending optimization. The company provides implementation services and training alongside software deployment.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Princeps develops and sells the Flowers platform, a unified industrial planning and scheduling software suite that combines discrete event simulation with constraint resolution and linear programming optimization. The platform is sold primarily to enterprise customers in oil refining, petrochemicals, specialty chemicals, and broader industrial sectors, with specialized modules for refinery planning (PrincepsLP), crude oil blending and sequencing (Compass), and multi-period product blending optimization (Optimix). The company also delivers implementation services and training alongside software deployment.

Product overview

Princeps offers the Flowers unified software platform with specialized modules for industrial optimization and scheduling. The core Flowers platform combines discrete event simulation capabilities with constraint resolution and local optimization. Key modules include Compass for crude oil blending and sequencing optimization, Optimix for multi-period product blending optimization, and PrincepsLP for refinery planning. The platform serves the refining, petrochemical, and broader industrial sectors, addressing use cases across economic planning, logistics optimization, production scheduling, energy management, and emissions optimization. The company also provides a generic simulation engine with a specialized refining toolbox for dynamic systems simulation.

Differentiator

Problem solved

Functional benefit

Brands

• Flowers: Integrated planning and scheduling platform providing discrete event simulation capabilities and constraint resolution for industrial operations optimization.
• Compass
• Optimix

Products and services

• Flowers Platform Unified industrial planning and scheduling software platform providing discrete event simulation as its core functionality, combined with constraint resolution and local optimization modules. Serves enterprise customers in refining, petrochemicals, specialty chemicals, and broader industrial sectors for economic planning, production scheduling, logistics optimization, energy management, and emissions optimization.
• PrincepsLP Refinery planning system within the Flowers platform that provides a flexible modeling environment for single or multi-period planning of one or more refineries. Includes pooling and non-linear process modeling capabilities plus distribution network optimization. Used by refinery planning teams to optimize production economics across planning horizons.
• Compass Crude oil blending and sequencing optimization system that enables refinery schedulers to formulate optimal crude blends, determine optimal cut-points, and schedule crude receipts, transfers, and runs to efficiently apply distillation strategy. Generates millions of dollars per year in savings from crude blending optimization for refining customers.
• Optimix Multi-period multi-blend product blending optimization application within the Flowers platform that enables refineries to optimize product blending and realize higher value from available components over planning horizons of several weeks. Handles complex situations including tank operations, blending correlations, and blender logistics.

Quantifiable outcome

• 3-10% margin improvement with full suite deployment
• +4 more outcomes

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Partnerships

One partnership is on record.

• Academic Organizations Across EuropesupportingStrategic or Co-development PartnerPrinceps has established collaborations with academic organisations across Europe as part of its commitment to R&D, enabling knowledge exchange and joint innovation in mathematical programming and industrial optimization techniques.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• River Logic: River Logic provides prescriptive analytics and supply chain optimization software for industrial and process customers, with overlapping value in planning, blending optimization, and what-if analysis versus Princeps' offerings.
• D-SIMLAB Technologies: D-SIMLAB provides discrete event simulation and digital twin solutions for manufacturing and supply chain, competing at a smaller scale with Princeps' discrete event simulation and scheduling engine.

Direct peers

• KBC (Yokogawa): KBC (now part of Yokogawa) provides Petro-SIM and related simulation/optimization software for refining and petrochemicals, directly competing with Princeps' Compass, Optimix, and Flowers modules in the same customer base.
• Aspen Technology: AspenTech is the leading provider of refining planning (Aspen PIMS) and scheduling (Aspen Orion, Aspen Refinery Scheduling) software, making it the most direct competitor to Princeps' Flowers platform across refining and petrochemical customers.

Broad incumbents

• Hexagon PPM: Hexagon's PPM division provides industrial engineering and operations software including process simulation and optimization for refining and chemicals, offering overlapping capabilities to Princeps' planning and scheduling modules.
• AVEVA: AVEVA (combined with Schneider Electric software) offers industrial software including process simulation (formerly SimSci) and operations planning, serving overlapping refining/petrochemical customers with a much broader portfolio than Princeps.
• Siemens (Xcelerator / Opcenter): Siemens Digital Industries provides Opcenter APS and other manufacturing operations software for discrete and process industries, competing with Princeps' scheduling capabilities for industrial customers outside the core refining niche.
• Honeywell Process Solutions (UniSim): Honeywell's UniSim process simulation suite is widely deployed in refineries and competes with Princeps' Flowers/Refining Toolbox for simulation-driven scheduling and optimization workflows.
• Dassault Systèmes (DELMIA): DELMIA offers production scheduling and operations planning solutions for manufacturing and process industries, addressing similar use cases as Princeps' Flowers platform, particularly for batch and make-to-order manufacturers.

Others

• Petroplan (energy industry software consulting): While primarily a talent/consulting firm for the energy sector, Petroplan's deep refinery customer relationships and digital services represent an adjacent ecosystem player that could either partner with or compete against Princeps' consulting-led sales model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/princeps
• Facebookfacebook.com/princeps
• LinkedInlinkedin.com/company/princeps

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Princeps Tessera Propius Corporation