Public Storage, Welltower announce data science partnership

Public Storage (PSA) and Welltower (WELL) announced a strategic data science partnership bringing together Welltower’s data science-driven capital allocation expertise and Public Storage’s scaled operational, pricing, and customer analytics capabilities. “Both Welltower and Public Storage have built differentiated data science capabilities that create a durable competitive advantage,” said Tom Boyle, Public Storage’s incoming Chief Executive Officer. “By integrating Welltower’s data science-driven capital allocation capabilities into our PS4.0 platform, we expect to further sharpen how we deploy capital and accelerate value creation. Over time, our operational analytics capabilities will help enhance Welltower’s operating platform, as well.”