Persistent Systems Ltd (Persistent) is a software development company that develops and maintains software systems and solutions. The company's service portfolio comprises digital strategy and design, software product engineering, CX transformation, cloud and infrastructure, intelligent automation, enterprise information technology security, data and analytics, enterprise applications and integration services. Persistent caters to banking and financial services, insurance, healthcare, life sciences, industrial, software, telecom and media industry. The company operates in the US, France, India, South Africa, Singapore, Japan and Australia. Persistent is headquartered in Pune, Maharashtra, India.
Headquarters
India
Address
Bhageerath, 402 Senapati Bapat Road, Pune, Maharashtra, 411016
Website
www.persistent.com
Telephone
91 20 67030000
No of Employees
19,548
Industry
Technology and Communications
Ticker Symbol & Exchange
PERSISTENT (NSE)
Revenue (2023)
$1.1B
EPS
XYZ
Market Cap*
$7.0B
Net Profit Margin (2023)
XYZ
-8.8%
* As of and is in US$
Persistent Systems Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Digital Strategy and Design |
| Software Product Engineering |
| CX Transformation |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company introduced the SASVA platform. |
| 2024 | Corporate Changes/Expansions | In March, the company opened a new office in F. E. Warren Air Force Base. |
| 2024 | Contracts/Agreements | In February, the company entered into a partnership with Microsoft to introduce an innovative Generative AI-powered Population Health Management (PHM) Solution. |
Competitor Comparison
| Key Parameters | Persistent Systems Ltd | Infosys Ltd | Intense Technologies Ltd | I Power Solutions India Ltd. | Encore Software Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Pune | Bangalore | Secunderabad | Chennai | Bangalore |
| State/Province | Maharashtra | Karnataka | Telangana | Tamil Nadu | Karnataka |
| No. of Employees | 19,548 | 322,663 | - | - | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Anand Deshpande | Chairman; Managing Director | Executive Board | 1990 | - |
| Sandeep Kalra | Director; Chief Executive Officer | Executive Board | 2022 | - |
| Sunil Sapre | Chief Financial Officer; Director | Executive Board | 2018 | - |
| Dhanashree Bhat | Chief Operating Officer | Senior Management | 2023 | - |
| Debashis Singh | Chief Information Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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