Persistent Systems Limited
| File:Persistent Systems.png | |
| Public | |
| Traded as | BSE: 533179 NSE: PERSISTENT |
| ISIN | 🆔 |
| Industry | IT Services |
| Founded 📆 | 1990, Pune, India Headquartered in Pune, India |
| Founder 👔 | Anand Deshpande |
Area served 🗺️ | |
Key people | |
| Revenue🤑 |  US$480.97 Million (FY19)[1] |
| Members | |
Number of employees | 10,000+ |
| 🌐 Website | persistent |
| 📇 Address | |
| 📞 telephone | |
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.[2]
Shares in the company were listed on the National Stock Exchange of India in March 2010.[3] The operations of Nagpur-based Infospectrum India Private, an outsourced private development of US company Infospectrum, were taken over by Persistent in February 2011.[4]
The company organizes an annual hackathon called Semicolons for its employees.[5] The company also organizes IBM's Call for Code hackathon at its Goa, Nagpur and Pune offices.[6] Persistent Systems is listed on the Bombay Stock Exchange (BSE: 533179) and the National Stock Exchange (NSE: PERSISTENT).
Collaborations and Acquisitions
- 2019: Persistent Systems Joins Siemens’ MindSphere Partner Program to Deliver Industrial IoT Services[7]
- 2017: Persistent Systems Acquires PARX – Platinum Salesforce Consulting Partner in DACH Market
- 2016: Persistent Systems Launches Specialized Engineering Services for IBM Watson IoT Platform[8]
- 2016: Persistent Systems and REACHNet to Demonstrate Innovative Research Specific Informatics Infrastructure at HIMSS 2016 Conference[9]
- 2016: Persistent acquires PRM Cloud Solutions - a Salesforce.com consulting partner, engaged in building digital experiences on Salesforce1 cloud platform.[10]
- 2016: Persistent product arm Accelerite purchases Citrix's products CloudPlatform (Based on Apache Cloud Stack) and CloudPortal Business manager[11]
- 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 Openwave’s Location Business[12]
References
- ↑ "Persistent Systems net profit up 14.6%". The Economic Times. 2019-04-28. Retrieved 2019-10-22.
In dollar terms, revenue was up 2.2 per cent at $480.97 million.
- ↑ Dr. Anand Deshpande (2009-04-10). "How he built a $100-million company" (Press release). Rediff.com.
- ↑ "Persistent Systems IPO subscribed 93.3 times". Reuters. 2010-03-19. Retrieved 2019-10-22.
- ↑ "Persistent takes over Infospectrum". The Times of India. 3 February 2011. Retrieved 2019-10-22.
- ↑ "Persistent Systems Employees Code for a Cause". Digital Goa. 16 May 2016. Retrieved 2019-10-22.
- ↑ "Persistent Systems to host 12-hour hackathon under IBM's Call for Code initiative". The Economic Times. 2018-08-19. Retrieved 2019-10-22.
- ↑ "Persistent Systems joins Siemens' MindSphere Partner Program for IoT solutions". The Economic Times. 3 May 2019. Retrieved 15 May 2019.
- ↑ Sangani, Priyanka (2016-03-17). "Persistent Systems launches specialised engineering services for IBM Watson IoT platform". The Economic Times. Retrieved 2019-10-22.
- ↑ "Persistent Systems and REACHNet to Demonstrate Innovative Research Specific Informatics Infrastructure at HIMSS 2016 Conference". 25 February 2016.
- ↑ "Persistent Systems acquires Australia's PRM Cloud Solutions". ETtech.com. Retrieved 2016-03-18.
- ↑ "Persistent Systems buys two cloud products from Citrix". ET Telecom. Retrieved 2019-10-22.
- ↑ "Persistent buys Openwave's location biz". Business Standard India. 2012-02-03. Retrieved 2019-10-22.
External links
This article "Persistent Systems" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Persistent Systems. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
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