PSI Strengthens Management in Technology and Development

Berlin, June 12, 2024 - PSI Software SE has appointed Erol Bozak as its first-ever Chief Technology Officer (CTO). The creation of this new position underscores PSI's commitment to innovation and technological advancement. Bozak, who will report directly to the Executive Board, will oversee the central development team and the company's Research & Development activities.

Bozak brings extensive experience in the SaaS and cloud environments, having co-founded Treasury Intelligence Solutions (TIS) GmbH, one of Europe's fastest-growing fintech companies. He has also held key positions at SAP and Fraunhofer Gesellschaft. His expertise will be crucial as PSI seeks to advance its cloud transformation initiatives.

The PSI Group specializes in software that optimizes the flow of energy and materials. With over 2,300 employees, PSI has been a technology leader since 1969, focusing on sustainable energy, mobility, and production. The company combines AI methods with proven industrial optimization techniques and offers its innovative products via its cloud-based PSI App Store.