Persistent Systems

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Persistent Systems Limited
Traded as BSE533179
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$460 million) (FY18)[1]
Number of employees

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]

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]


External links[edit]