PostgreSQL is a powerful, open-source relational database management system (RDBMS) renowned for its robustness and advanced features. It supports SQL for querying and managing data and includes additional capabilities like support for JSON, XML, and custom data types. PostgreSQL emphasizes standards compliance and extensibility, allowing developers to define their own functions and operators. It offers advanced features such as multi-version concurrency control (MVCC), point-in-time recovery, and full-text search. With its strong emphasis on data integrity and reliability, PostgreSQL is suitable for complex applications and large-scale databases. It is widely used in industries ranging from finance to web development due to its flexibility and performance.