Persistent Systems

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Persistent Systems Limited
Public
Traded asBSE533179
NSEPERSISTENT
IndustryIT Services
Founded1990, Pune, India
Headquartered in Pune, India
Key people
  • Dr. Anand Deshpande (Founder, Chairman and Managing Director)
  • Christopher O'Connor (Chief Executive Officer)
  • Sandeep Kalra (President, Technology Services)
  • Atul Khadilkar (President, Delivery Operations, Technology Services)
  • Mark Simpson (President, IBM Alliance)
RevenueIncrease US$480.97 Million (FY19)[1]
Number of employees
10,000+
Websitewww.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[edit]

2019: Persistent Systems Joins Siemens’ MindSphere Partner Program to Deliver Industrial IoT Services[4]

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

2016: Persistent Systems Launches Specialized Engineering Services for IBM Watson IoT Platform[5]
2016: Persistent Systems and REACHNet to Demonstrate Innovative Research Specific Informatics Infrastructure at HIMSS 2016 Conference[6]
2016: Persistent acquires PRM Cloud Solutions - a Salesforce consulting partner, engaged in building digital experiences on Salesforce1 cloud platform.[7]

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[8]

References[edit]

  1. ^ https://www.persistent.com/wp-content/uploads/2018/04/press-release-q4fy18.pdf
  2. ^ Persistent Systems IPO subscribed 93.3 times Reuters, 19 March 2010
  3. ^ Persistent takes over Infospectrum Times of India, 3 February 2011
  4. ^ "Persistent Systems joins Siemens' MindSphere Partner Program for IoT solutions". The Economic Times. 3 May 2019. Retrieved 15 May 2019.
  5. ^ Persistent Systems Press Release
  6. ^ Persistent Systems Press Release
  7. ^ Template:Citetent-systems-acquires-australias-prm-cloud-solutions/51407075
  8. ^ Openwave’s Location Business

External links[edit]