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, an Indian digital engineering firm, has amplified its strategic relationship with cybersecurity provider, Zscaler, reaching the pinnacle of its partner program – the Zenith partnership tier. This comes as security becomes imperative for all organizations due to a global uptick in cyberattacks. Persistent Systems plans to use its partnership with Zscaler to help […]
Persistent Systems, an Indian digital engineering company, is deepening its partnership with Amazon Web Services (AWS) and becoming a collaborator for AWS’s latest Generative AI services. In pursuit of its objective to enhance developer productivity, Persistent Systems will empower its 16,000-plus engineering organization with Amazon CodeWhisperer, enabling them to expedite the development of industry applications […]
Persistent Systems, an Indian multinational technology services company, has partnered with Microsoft in a move to enhance its capabilities and growth. Under the agreement, Persistent Systems will use Microsoft technologies for employee engagement, decision-making, and advanced industry solutions. The collaboration is expected to help Persistent Systems promote a data-driven mindset, modify business operations, and meet […]
Persistent Systems, an Indian technology services company, has agreed to acquire Data Glove, a New Jersey-based provider of business transformation services, in a deal worth up to $90.5 million. The consideration includes a maximum earnout of $34.88 million to be paid over the next two years, which will be contingent on meeting certain performance thresholds. […]