Persistent Systems
| Primary URL | Location | Industry | www[.]persistentsystems[.]com |
Country
India
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Technology
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Profile
Persistent Systems is a technology services firm that specializes in software product engineering, digital transformation, and enterprise solutions. It offers services that include product design and development, cloud migration, data analytics, artificial intelligence, and Internet of Things implementations. The company serves a diverse set of industries including banking and financial services, healthcare, telecommunications, retail, and manufacturing. Its solutions are delivered to customers across North America, Europe, and Asia‑Pacific regions. Persistent Systems maintains a global delivery model with development centers located in India, the United States, Canada, Germany, and Singapore. The firm employs thousands of professionals who work across its various locations. It reports a steady growth in revenue and has been recognized as one of the fastest‑growing technology services providers in India. The company’s client base includes Fortune 500 enterprises as well as mid‑market and emerging technology companies.
A distinguishing attribute of Persistent Systems is its deep expertise in product engineering, where it helps clients conceive, build, and launch new software products. The organization holds maturity certifications such as CMMI Level 5 and ISO 27001, reflecting its commitment to process excellence and information security. It has formed strategic alliances with major technology providers like Microsoft, IBM, Amazon Web Services, and Google Cloud to co‑create solutions. These capabilities position Persistent Systems as a trusted partner for enterprises seeking end‑to‑end engineering and digital innovation services.
Persistent Systems is a publicly listed company traded on the National Stock Exchange and Bombay Stock Exchange under the ticker PERSISTENT. The company was founded in 1990 by Dr. Anand Deshpande, who continues to serve as its chairman and managing director. While it operates as an independent entity, it maintains several wholly‑owned subsidiaries such as Persistent Systems Inc. (USA), Persistent Systems Pte Ltd. (Singapore), and Persistent Systems GmbH (Germany). There is no disclosed parent company, and the firm’s ownership is distributed among public shareholders and its promoter group.