Persistent Systems

Persistent Systems is a technology services company founded in 1990 by Dr. Anand Deshpande. The company specializes in outsourced software product development, providing services across the entire product lifecycle. With its headquarters in Pune, India, Persistent Systems has grown over the years, expanding its operations globally with offices in North America, Europe, and Asia.

Industry

Information Technology and Services

Product, Services and Operations

Persistent Systems offers a range of services including software product engineering, digital business strategy, enterprise solutions, and infrastructure and systems. The company also provides services in emerging technologies like AI, machine learning, IoT, AR/VR, and blockchain.

Funding Details

As a publicly-traded company on the Bombay Stock Exchange and National Stock Exchange of India, Persistent Systems' funding comes from its shareholders. The company's market capitalization is over $1 billion.

Acquisitions

Persistent Systems has made several acquisitions over the years to expand its capabilities, including Herald Health, a digital health startup, and PARX, a Salesforce Certified Platinum Partner.

Awards and Achievements

Persistent Systems has received numerous awards and recognitions for its work, including the Zinnov Award for Software Engineering Excellence and being named a Top 15 Sourcing Standout by ISG.