"To ensure PlayStation will remain the best place to play, Sony Interactive Entertainment will work on maintaining and improving its relationships with third-party developers," said Sony Corporation president and CEO Kenichiro Yoshida.
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Here is some information from Sony:
The two keywords for the future direction of PlayStation® are “immersive” and “seamless.”
Remote Play: Turns PlayStation®4(PS4™), which is expected to reach 100 million units in cumulative sales this calendar year, into a streaming game server, providing streaming content at the closest point to users.
PlayStation Now: Provides immersive game experiences to users regardless of whether they own a PS4 console at all.
Next-generation console: “Immersive” experience created by dramatically increased graphics rendering speeds, achieved through the employment of further improved computational power and a customized ultra-fast, broadband SSD.
PlayStation streaming: Through the evolution of “Remote Play” and “PlayStation™Now,” provide a seamless game experience anytime, anywhere.
Sony will pursue its mission to make PlayStation “The Best Place to Play” by leveraging the latest computing, streaming, cloud, and 5G technologies, together with excellent content.
As part of these efforts, Sony agreed to a memorandum of understanding (MOU) with Microsoft Corp. (Microsoft) to collaborate on the development of cloud solutions, including game streaming services.