Persistent Systems Limited
National Stock Exchange of IndiaRecent
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- 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.
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
Persistent and Kong Announce Strategic Partnership to Help Enterprises Securely Move AI into Production
Persistent and Kong Announce Strategic Partnership to Help Enterprises Securely Move AI into Production
Persistent and Kong Announce Strategic Partnership to Help Enterprises Securely Move AI into Production
Persistent wird von Google Cloud für die Förderung der KI-gestützten Transformation der Lieferkette ausgezeichnet
Persistent est reconnu par Google Cloud pour avoir fait progresser la transformation de la chaîne d'approvisionnement pilotée par l'IA
Persistent Recognized by Google Cloud for Advancing AI-Led Supply Chain Transformation
Persistent Recognized by Google Cloud for Advancing AI-Led Supply Chain Transformation
Persistent hat die Databricks Brickbuilder-Spezialisierung für das Gesundheitswesen und die Biowissenschaften erlangt und erweitert damit sein Angebot an produktionsreifen Daten- und KI-Lösungen für regulierte Umgebungen
Persistent Achieves Databricks Brickbuilder Specialization for Healthcare & Life Sciences, Expanding Production-Ready Data and AI Solutions For Regulated Environments
Persistent annonce un chiffre d'affaires de 1 654,4 millions de dollars pour l'exercice 2026, soit une croissance de 17,4 % par rapport à l'année précédente, et une marge EBIT de 15,6 %.
Persistent bringt eine Lösung für das Risikomanagement im Handel auf den Markt, die auf der KI von Databricks basiert
Persistent lance une solution de gestion du risque marchand basée sur l'IA de Databricks
Persistent ernennt Ruchi Kulhari zum Executive Vice President - Enterprise Strategy & Execution
Persistent nomme Ruchi Kulhari vice-présidente exécutive - Stratégie et exécution d'entreprise