The latest update is out from PSI AG fuer Produkte und Systeme der Informationstechnologie ( (DE:PSAN) ).
PSI Software SE has announced a strategic collaboration with Google Cloud to enhance the adoption of industrial AI through its SaaS offerings. By leveraging Google Cloud’s infrastructure, PSI aims to modernize its software development environment, improve efficiency, and accelerate its cloud transformation journey. This partnership is a significant step in PSI’s strategic change program, ‘PSI reloaded,’ which focuses on transforming the company into a cloud-first software enterprise, thereby increasing business efficiency and value for customers.
More about PSI AG fuer Produkte und Systeme der Informationstechnologie
PSI Software SE is a leading independent software producer with over 2,300 employees, specializing in developing software products that optimize the flow of energy and materials for utilities and industries. Since 1969, PSI has been a technology leader in process control systems, ensuring sustainable energy supply, production, and logistics by integrating AI methods with industrial optimization techniques. Their innovative products can be deployed both on-premises and in the cloud.
YTD Price Performance: 32.60%
Average Trading Volume: 1,356
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €442M
For detailed information about PSAN stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com