Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally. It provides payments, cloud and infrastructure, intelligent automation, data governance and security, Persistent digital bank and credit union, loan origination, data and analytics, operations automation, and regulatory compliance management solutions; foreign exchange and trade finance, and treasury and cash management services; product and platform strategy, engineering, modernization, and sustenance and support solutions; and enterprise IT security services. The company also offers CX transformation, and integrated wellness and care solutions for insurance; claims lifecycle management automation solutions; Persistent digital front door, revenue cycle optimization, healthcare interoperability, and population health management solutions; patient claims management, care management, and payor operations solutions; product and digital engineering solutions; digital lab and optimization, cloud migration and modernization, decentralized trails, quality management and compliance, and genomics solutions; and commercial and multiplatform analytics and integration, as well as robotic process automation and quality management system solutions. In addition, it provides IBM engineering lifecycle management solutions; Dassault 3D experience platforms, as well as planning and optimization, and manufacturing and operations software; and engineering managed and integration services. Further, the company offers network assurance and performance management, 5G AI operations and automation, mobile edge cloud accelerators, and network API monetization solutions; and operates technology centers. It serves customers in the banking, financial services, insurance, healthcare, life sciences, industrial, software and hi-tech, and telecom and media sectors. Persistent Systems Limited was incorporated in 1990 and is based in Pune, India.

Persistent Systems Limited

Persistent is a Digital Engineering and Enterprise Modernization company that provides services in digital engineering and enterprise modernization.

Persistent

We're a trusted partner in Digital Engineering and Enterprise Modernization, leveraging deep technical expertise to help clients stay ahead. Our solutions empower clients to outpace competition. Partnering with industry leaders worldwide, including top US companies and banks, we drive innovation across Healthcare and Life Sciences; Banking, Financial Services, and Insurance; Software and Hi-Tech; and Emerging Verticals.

Our innovative approach and client focus led to $1,186.0M revenue in FY24, with 14.5% Y-o-Y growth. With 23,800+ global team members across 21 countries, we are empowering industry leaders worldwide with transformative technology solutions. Recognized as the “Most Promising Company” of the Year at CNBC-TV18 India Business Leader Awards 2023 and a Leader in Everest Group's Talent Readiness for Next-Generation IT Services PEAK Matrix® 2023, we also received four 2023 ISG Star of Excellence™ Awards for excellence in customer service. Our high employee satisfaction, with over 94% approving of the CEO and 89% recommending us, reflects our commitment to our team.

⁠We foster an environment where employees accelerate personal and professional growth, drive positive impact through cutting-edge technology, and enjoy collaborative innovation with diversity and work-life balance at the core. 

Join us in shaping the future with the best in the industry.


Ampool

Cazena

Norwest Venture Partners

Gabriel Venture Partners

Persistent Systems

We are delighted to announce that we continued our growth momentum as we reported $328.2M in revenue in Q1 FY25, delivering 16.0% year-over-year growth. Our unwavering focus on innovation and quality, collaboration with ecosystem partners, and pioneering work across industry verticals and service lines, have contributed to our differentiated market position and success.
 
Learn more about our performance: https://lnkd.in/g9SCb_Ty
 
#Q1FY25 #ThePersistentWay #SeeBeyondRiseAbove

With over 20 years of expertise in end-to-end PostgreSQL engineering, Persistent excels in building, supporting, and maintaining open source PostgreSQL databases.
Considering a migration to or from PostgreSQL or other databases? We provide tailored migration solutions designed to meet your specific needs.
 
Discover how we can help you optimize your ROI and achieve top-notch system performance. Learn more: https://lnkd.in/dQPVJvaq

 Kuljesh Puri, Prakash Tripathi Pawan Pawar Ognibho B.
 
#PostgreSQL #SQL #Databases

We are delighted to announce that Persistent's ArbudAl team secured the first runner-up position at the recent GenAI Hackathon Asia Pacific Edition, hosted by Google Cloud.

ArbudAl is our groundbreaking GenAI-powered Precision Oncology accelerator designed to enhance cancer management pathways. This comprehensive platform supports healthcare professionals in various aspects of patient care, including:

-Improved physician-patient interactions
-Image-based diagnosis
-Medical report generation
-Literature mining
-Evidence-based medicine
-Health insurance intelligence

Team ArbudAl received the Innovation Award at the Google I/O Connect hosted in Bengaluru on July 17, 2024.

Congratulations to the ArbudAl team for their exceptional work! Dr Santosh Dixit, Jayesh kognole, Sadashiv Borkar, and Dr Akash Saggam. Your groundbreaking innovation is shaping the future of GenAI applications in healthcare!

Discover more about Persistent's GenAI healthcare solutions in this whitepaper: https://lnkd.in/dXvcyZjC

Dr. Rajesh Gharpure, Pandurang Kamat

#GenAI #TeamArbudAI #GoogleCloud #InnovationAtPersistent

FedWire Funds ISO 20022 is set to go live in March 2025. While that may seem like a long time from now, there are several critical milestones that must be met beforehand.

Switching to other payment systems might seem simpler, but there are specific use cases that only FedWire Funds can address. Relying solely on vendor solutions might only partially resolve any challenges

Explore our whitepaper for more insights and consult our experts to assess your readiness: https://lnkd.in/gpPQePb4

Jaideep Vijay Dhok, Souvanik Ghosh

#DigitalBanking #ISO20022 #FedwireFunds #Compliance #Payments

Hybrid work environments present unique challenges for the modern enterprise, necessitating robust Identity and Access Management (IAM) systems. It's critical to ensure that the right users have timely access to the right applications to navigate an expanding network and shared IT infrastructure. 

Persistent Unity simplifies this process by accelerating application migration. Our in-house solution automates and federates IAM onboarding, streamlining processes from input gathering to validation and reviews, which enables efficiencies, deeper collaboration, and cost optimization. 

Transform your IAM strategy with Persistent Unity. Learn more about here:: https://lnkd.in/df56dkpA

Shekhar Patankar, Dilip Panjwani

#CyberSecurity #IAM #DigitalTransformation #PersistentUnity

Have you ever wondered how much time an employee spends on repetitive, manual tasks like filing documents, entering data, or compiling reports? Studies show it's about 50% of their workday! This not only hampers efficiency but also increases the likelihood of errors.

The key to overcoming these challenges lies in the powerful combination of Robotic Process Automation (RPA) and Low-Code Development Platforms (LCDPs). By merging these technologies, businesses can achieve comprehensive end-to-end automation, enhancing agility, efficiency, and innovation without a steep learning curve.

Discover actionable strategies to leverage these technologies for optimal results in our latest blog authored by Vivek Valecha. Learn how Low Code and RPA can revolutionize your business processes, enhance customer experience, and drive innovation: https://lnkd.in/dsBD9Y3k 

Rajesh Bharathan, Preetpal Singh, Vivek Valecha, George Thomas, Natalie Drapeau, 

#LowCode #RPA #IntelligentAutomation

msh id	COM:PERSISTENT
symbol	PERSISTENT
name	Persistent Systems Limited
homepage url	https://www.persistent.com
country	IN
sector	Technology
industry	Information Technology Services
market	STOCKS
employee count	21.95K
crunchbase url	-
linkedin url	-
founders	-

market cap	8.46B
enterprise value	-
stage	-
raised capital	-
valuation	-

monthly webtraffic	-
monthly webtraffic growth	-
growth score 14	-
growth score 28	-
growth score 90	-
growth score 365	-

revenue ltm	-
gross profit ltm	-
ebitda ltm	-
net income ltm	-
revenue ntm	-
gross profit ntm	-
ebitda ntm	-
net income ntm	-

growth cost and expenses	0.7
growth cost of revenue	0.18
growth depreciation and amortization	2.14
growth ebitda	0.19
growth ebitda ratio	0.01
growth eps	-
growth eps diluted	-
growth general and administrative expenses	-1
growth gross profit	0.16
growth gross profit ratio	-0.01

COM:PERSISTENT

Persistent

Last Close

5,710.30

21/11 10:00

Market Cap

711.42B

Beta: -

Volume Today

443.93K

Avg: -

Company Information

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cost and expenses	1.01B
cost of revenue	1.01B
depreciation and amortization	37.05M
ebitda	216.01M
ebitda ratio	0.18
eps	0.87
eps diluted	0.85
operating expenses	161.08M
operating income	178.96M
operating income ratio	0.15

accounts receivables	-
capital expenditure	-34M
cash at beginning of period	55.93M
cash at end of period	79.34M
inventory	-
working capital ttm	15.92B

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