Persistent Systems

Persistent Systems Limited
Public
Traded as BSE: 533179
NSE: PERSISTENT
Industry IT Services
Founded 1990, Pune, India
Headquartered in Pune, India
Key people
  • Dr. Anand Deshpande (Founder, Chairman and Managing Director)
  • Sudhir Kulkarni (President, Sales, Technology Services)
  • Atul Khadilkar (President, Delivery Operations, Technology Services)
  • Col. Jitendra Gokhale (President, IBM Alliance)
Revenue ₹30.34 billion (US$420 million) (FY18)[1]
Number of employees
 9,000+
Website www.persistent.com

Persistent Systems is a technology services company which was incorporated on 16 May 1990 as Persistent Systems Private Limited. It was subsequently converted into a public Limited company on 17 September 2010 with the name Persistent Systems Limited and a new certificate of incorporation was issued on 28 September 2007 from the RoC.

Shares in the company were listed on the National Stock Exchange of India in March 2010.[2] The operations of Nagpur-based Infospectrum India Private, an outsourced private development of US company Infospectrum, were taken over by Persistent in February 2011.[3]

Pingala-Aryabhata, Persistent

Collaborations and Acquisitions

2017: Persistent Systems Acquires PARX – Platinum Salesforce Consulting Partner in DACH Market

2016: Persistent Systems Launches Specialized Engineering Services for IBM Watson IoT Platform[4]
2016: Persistent Systems and REACHNet to Demonstrate Innovative Research Specific Informatics Infrastructure at HIMSS 2016 Conference[5]
2016: Persistent acquires PRM Cloud Solutions - a Salesforce consulting partner, engaged in building digital experiences on Salesforce1 cloud platform.[6]

2016: Persistent product arm Accelerite purchases Citrix' Products CloudPlatform (Based on Apache Cloud Stack) and CloudPortal Business manager
2015: Persistent Systems completed the acquisition of the digital content management solutions business of US-based Akumina.
2012: Persistent Systems Strengthens Product Maintenance & Support Business; Acquires[7]

References

  • "Persistent Newsroom".
  • Dr. Anand Deshpande (2009-04-10). "How he built a $100-million company" (Press release). Rediff.com.
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