Persistent Systems (Persistent) announced it has entered into an agreement to acquire the business of Princeton, New Jersey-based Data Glove Inc. Established in 2010, Data Glove is a global leader in transformative consulting services and business solutions with total annual revenue for CY21 of $48.96 million and 700+ employees worldwide. In addition to client sales…
Persistent Systems announced that it has entered into an agreement to acquire Software Corporation International (SCI), headquartered in Charlotte, North Carolina , and its subsidiary Fusion360, and the business of Shree Partners, based in East Brunswick, New Jersey , including its subsidiary in India. Founded in 1990, SCI has extensive consulting expertise in payment solutions, integration and support for…
Persistent Systems has been named one of the companies on the Forbes Asia’s “Best Under A Billion” list, which highlights 200 Asia-Pacific public companies under $1 billion in revenue, with consistent top and bottom-line growth. This is the first time Persistent has been included in this list. The “Best Under A Billion” list covers a…
Persistent Systems has been cited as a leader in the traditional outsourcing Archetype for hybrid and private cloud deployments in the 2021 ISG Provider Lens Next-Gen Private/Hybrid Cloud – Data Center Services & Solutions Archetype Report. Persistent was also identified as a noteworthy player for its remote operations strategy in the managed services Archetype and for its…
Suresh Prabhu has joined Persistent Systems (Persistent) as Chief Delivery Officer for Industry verticals. In this role, he will be responsible for the delivery organization across Software & HiTech, Banking Financial Services and Insurance, Healthcare and Life Sciences, and Emerging verticals. Suresh joins Persistent with over 30 years of experience in digital transformational projects: new…
Persistent Systems has announced that it is planning to expand its relationship with IBM to help fuel open hybrid cloud adoption, core IT modernization and digital transformation for customers across the enterprise. Persistent will continue to invest in IBM technology that helps its customers adopt hybrid cloud architectures with Red Hat OpenShift, industry-specific clouds and…
Persistent Systems said that it would buy certain assets from San Jose, California and Pune-based Sureline Systems in a cash deal of up to $2.5 million (Rs 18.2 crore). “In order to bolster our cloud transformation offerings and solutions, we’re excited to announce the acquisition of assets and a highly specialized team of cloud experts…
Persistent Systems has announced its intent to join IBM’s ecosystem of partners using IBM’s new Automation Foundation and IBM. IBM Cloud Paks for Automation is an AI-powered portfolio that helps customers streamline business processes, automate tasks based on data analysis and continuously improve workflows that run centrally, in networks, and at the edge. With over…
Persistent Systems has been named a Top 15 Sourcing Standout for Managed Services for the fifth consecutive quarter by leading global technology research and advisory firm Information Services Group (ISG) in its Q1 2021 Global ISG Index. ISG’s Booming 15 subcategory covers service providers with under US $1 billion in global revenue. The ISG Index…
Persistent Systems has been honored with the Golden Peacock Award for Excellence in Corporate Governance 2020 in a national category (IT Sector). The annual Golden Peacock Awards, created by the Institute of Directors (IOD), India in 1991, are now regarded as a benchmark of corporate excellence worldwide. This year, the Institute of Directors received over…
Persistent Systems has been named a Top 15 Sourcing Standout by leading global technology research and advisory firm Information Services Group (ISG). This recognition follows on from Persistent winning the ISG Star of Excellence Award in September, for achieving the highest cumulative customer experience score for the quality of its core technology services and a…
Persistent Systems announced the appointment of Sandeep Kalra as its new CEO, effective immediately. Sandeep joined Persistent in May 2019 as Executive Director and President of the Technology Services Unit TSU, responsible for setting the strategic direction as well as managing the sales and delivery functions for the unit. Under his leadership, the unit delivered…
Persistent Systems, a global solutions company based out of Pune that delivers digital business acceleration and enterprise modernization for businesses across industries and geographies has announced that it has entered into an agreement to acquire CAPIOT, including its subsidiaries in Australia, India and Singapore. Founded in 2014, CAPIOT specializes in enterprise integration with valuable expertise…
Persistent Systems, a Pune-based global solutions company, announced that Christopher O’Connor, Executive Director and Chief Executive Officer of Persistent Systems Limited has resigned through letter dated August 9, 2020, effective immediately for personal reasons. The Board thanks Chris for his contribution to the Company and bringing about changes which will help the Company continue its…
Persistent Systems, a global solutions company that excels at delivering digital business acceleration and enterprise modernization for businesses across industries and geographies, announced that it has collaborated with IBM to help accelerate IBM Cloud Pak deployments to speed clients’ enterprise modernization. The company said that more than 2,000 Persistent engineers and technical professionals have been…