Persistent Systems, listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker PERSISTENT, has declared its intent to acquire Starfish Associates, a New Jersey-based leader in Enterprise Communications automation. This strategic move significantly enhances Persistent’s capabilities in the Contact Center and Unified Communications sectors, leveraging its robust AI-driven business […]
Persistent Systems (BSE: PERSISTENT) and (NSE: PERSISTENT), a leader in Digital Engineering and Enterprise Modernization, has announced a significant Strategic Partnership Agreement with Google Cloud. This partnership is set to broaden their combined reach across key global markets including the US, India, the UK, and Australia, focusing on joint go-to-market activities and accelerating digital transformation […]
Persistent Systems (BSE and NSE: PERSISTENT), a leader in digital engineering and enterprise modernization, has unveiled its latest innovation, the GenAI Hub. This new platform is designed to accelerate the creation and deployment of Generative AI (GenAI) applications across enterprises, integrating seamlessly with existing infrastructures to facilitate rapid development of tailored, industry-specific solutions. Streamlining AI […]
Persistent Systems (BSE & NSE: PERSISTENT), a prominent technology services company, announced today the appointment of Vinit Teredesai as its new Chief Financial Officer (CFO), effective immediately. Vinit Teredesai succeeds Sunil Sapre, who is set to retire later this year after a commendable nine-year tenure. This strategic executive shift is part of Persistent Systems’ broader […]
Persistent Systems, a leader in Digital Engineering and Enterprise Modernization, has introduced Persistent iAURA, a comprehensive suite of AI-powered data solutions designed to enhance business growth. The announcement marks a significant step in empowering businesses to effectively tackle the complex challenges associated with AI implementation in data management. Addressing Modern Data Challenges with iAURA In […]
Persistent Systems Ltd. (BSE & NSE: PERSISTENT), a prominent figure in digital transformation services, has announced a significant financial growth for the fiscal year ended March 31, 2024, underscoring its strategic expansion and innovation in technology solutions. The company’s audited financial results reveal a 14.5% increase in revenue, totaling $1,186 million, up from $1,035.98 million […]
Persistent Systems (BSE and NSE: PERSISTENT), a leader in Digital Engineering and Enterprise Modernization, unveiled its latest innovation, SASVA, a state-of-the-art enterprise AI platform. Designed to leverage the power of Large Language Models (LLMs) and Machine Learning (ML), SASVA aims to redefine software engineering by accelerating software releases, ensuring faster time-to-market, and enhancing overall efficiency. […]
Persistent Systems (BSE & NSE: PERSISTENT) today announced audited financial results for the quarter ending December 31, 2023, showing steady growth. The consolidated financial highlights for the quarter reveal a 13.7% year-on-year increase in revenue, amounting to USD 300.55 million. In Indian Rupee terms, this translates to a revenue of INR 24,982.16 million, marking a […]
Persistent Systems, a leader in digital engineering and enterprise modernization, has announced a multi-year Strategic Collaboration Agreement with Amazon Web Services (AWS). This agreement is aimed at accelerating innovation and development of generative AI solutions for clients. Persistent Systems is a long-standing AWS Partner and has a proven track record in early scale generative AI […]
Persistent Systems, a leader in digital engineering and enterprise modernization, has launched a unique open-source maintenance service. This service is designed to help organizations keep their open-source software up-to-date with all patches, bug fixes, and incorporate the latest software releases. It features a dedicated team of experts and specialists equipped with the latest technologies, ensuring […]
