Persistent Systems

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Persistent Systems Limited
Traded as BSE533179
Industry Computer Services
Founded 1990, Nagpur, India
Headquartered in Pune, India
Key people
Dr. Anand Deshpande, Chairman, MD & CEO
Mr. Mritunjay Singh, President, Services
Mr. Sudhir Kulkarni President, Digital Transformation
Mr. Atul Khadilkar, President, Corporate Operations
Persistent Systems
Revenue 23.12 billion (US$340 million) (2016)[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

Persistent has facilities in three continents, with nine development centers in Europe, America and Asia. In India, Persistent operates from Pune and houses teams of development engineers in three facilities, named Bhageerath, Pingala-Aryabhata and Hinjewadi (known as Veda Complex and consists of 4 towers named as Atharavaved, Samved, Yajurved & Rugved), which are within a few miles of one another. Its other offices are spread across Nagpur, Goa, Hyderabad and Bangalore.

The company also owns offices in Singapore, Kuala Lumpur, Tokyo, Sydney, Toronto, Ottawa, Quebec, Santa Clara, San Jose, Bellevue, Seattle, Victoria, Boston, Dallas, Dublin, Ohio, Illinois, Charlotte, NC, Research Triangle Park, NC, Netherlands, Grenoble, France, London, England, Edinburgh, Scotland and Guadalajara, Mexico.

Collaborations and Acquisitions[edit]

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]