Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
The latest update is out from PSI AG fuer Produkte und Systeme der Informationstechnologie ( (DE:PSAN) ).
PSI Software SE has announced a partnership with E.ON to implement a new standardized network control system for E.ON’s grid companies in Germany. The initiative aims to enhance grid management efficiency through the ‘Control System of the Future,’ a modular platform that will integrate renewable energy and new technologies like electric vehicles into the grid. This partnership represents a significant move in PSI’s ‘PSI reloaded’ strategy, further solidifying its position as a leader in innovative grid management solutions. The project will utilize agile principles to ensure a seamless transition and is expected to bolster PSI’s competitive edge in the evolving energy sector.
More about PSI AG fuer Produkte und Systeme der Informationstechnologie
The PSI Group develops software products for optimizing the flow of energy and materials for utilities and industry. As an independent software producer with more than 2,300 employees, PSI has been a technology leader since 1969 for process control systems that ensure sustainable energy supply, production, and logistics by combining AI methods with industrially proven optimization methods. The innovative industry products can be operated on-premises or in the cloud.
YTD Price Performance: 9.52%
Average Trading Volume: 34
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €360.5M
Find detailed analytics on PSAN stock on TipRanks’ Stock Analysis page.
