Persistent Systems Limited
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in mil. unless spec.Company Description
- CEO
- Sandeep Kumar Kalra
- Full Time Employees
- 27,502
- Sector
- Technology services
- Industry
- Information technology services
- Address
- Bhageerath Pune MA India 411016
- IPO Date
- Apr 6, 2010
- Website
- persistent.com
- Similar Companies
- Business
- Persistent Systems Limited operates as a global digital engineering and enterprise modernization company. The company offers a comprehensive suite of core products and services including software product engineering; application development and management; cloud and infrastructure services encompassing hybrid and multi-cloud transformation and data center modernization; intelligent automation including business process management and robotic process automation; customer experience (CX) transformation services; data and analytics; enterprise integration; enterprise IT security; and consulting services. Persistent also provides AI-driven solutions under its Persistent.AI platform and supports extensive industry cloud implementations, Salesforce cloud services, and digital platform modernization. It serves clients across various sectors with significant business operations in North America, Europe, and India. Founded in 1990 and headquartered in Pune, India, the company employs over 24,500 people globally. In recent developments, Persistent Systems has focused heavily on expanding its AI capabilities and market position through strategic acquisitions and internal innovations. In 2024, it acquired select assets from US-based SoHo Dragon, enhancing its presence in the BFSI vertical with added employees, contractors, and a customer contract. It also acquired New Jersey-based Starfish Associates, strengthening its AI-powered contact center and unified communications capabilities. Persistent announced the establishment of a GenAI Hub in June 2024 aimed at accelerating development and deployment of generative AI applications. Leadership changes occurred in 2025, including the departure of its COO and appointment of a new COO for technology to drive an AI-led, platform-focused growth strategy. The company reported robust Q2 FY26 financials with $406.2 million revenue and 17.6% year-over-year growth, underpinning its strategic direction toward AI integration and margin expansion. Persistent targets revenue growth toward $2 billion by FY27 and $5 billion by FY31, driven by strong deal momentum in AI and digital transformation services. Persistent Systems operates primarily within the IT services and software engineering industry, targeting enterprise clients requiring digital transformation, cloud modernization, AI integration, and automation solutions. Its geographic footprint extends across major global markets including the United States, Europe, and Asia, positioning it as a key player in international digital services. The company leverages organic growth, acquisitions, and innovation to maintain a competitive edge in digital enterprise solutions. It is publicly traded in India under the ticker PERSISTENT.NS and continues to focus on scale, operational excellence, and strategic partnerships to sustain its industry leadership and growth trajectory.
Company News
Persistent annonce un chiffre d'affaires de 487,6 millions de dollars au deuxième trimestre de l'exercice 2027, soit une croissance de 20 % par rapport à l'année précédente.
Persistent acquiert une participation majoritaire solide
Persistent sichert sich eine starke Mehrheitsbeteiligung
Persistent Secures Strong Majority Stake
Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth
Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth
Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth
Persistent et Nagarro signent un accord de fusion en vue de créer le groupe Persistent-Nagarro, leader mondial de l'ingénierie numérique pilotée par l'IA
Persistent and Nagarro sign Business Combination Agreement to form the Persistent - Nagarro Group, a global leader in AI-led digital engineering
Persistent and Nagarro sign Business Combination Agreement to form the Persistent - Nagarro Group, a global leader in AI-led digital engineering
Persistent and Nagarro sign Business Combination Agreement to form the Persistent - Nagarro Group, a global leader in AI-led digital engineering
Persistent annonce un partenariat avec les San Francisco Unicorns en tant que partenaire officiel de l'initiative Re(AI)magining™
Persistent gibt Partnerschaft mit San Francisco Unicorns als offizieller Re(AI)magining™-Partner bekannt
Persistent Strengthens Enterprise AI Engineering Talent Pipeline Through Collaboration with Databricks and Milwaukee School of Engineering
Persistent erweitert seine Präsenz in Osteuropa, um die KI-gestützte Plattformtransformation voranzutreiben
Persistent étend sa présence en Europe de l'Est pour faire progresser la transformation de la plateforme basée sur l'IA
Persistent to Expand Eastern European Presence to Advance AI-Led Platform Transformation
Persistent to Expand Eastern European Presence to Advance AI-Led Platform Transformation
Persistent to Expand Eastern European Presence to Advance AI-Led Platform Transformation
Persistent et Kong annoncent un partenariat stratégique destiné à aider les entreprises à sécuriser la mise en production de l'IA