Persistent Systems

Persistent Systems

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Delivering digital business acceleration, enterprise modernization, and digital product engineering. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$8.1b (Public information from Jun 2024)
Pune Maharashtra (HQ)
Deals in current and previous year:

Financials

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Revenues, earnings & profits over time
INR2020202120222023202420252026
Revenues0000000000000000000000000000
% growth6 %17 %36 %46 %18 %15 %16 %
EBITDA0000000000000000000000000000
% EBITDA margin17 %18 %19 %19 %18 %18 %18 %
Profit0000000000000000000000000000
% profit margin10 %11 %12 %11 %11 %12 %13 %
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
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DateInvestorsAmountRound
investor investor

$0.0

round
N/A

N/A

Valuation: $360m

IPO
Total Funding000k

Recent News about Persistent Systems

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More about Persistent Systemsinfo icon
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Persistent Systems is a global solutions company that specializes in digital business acceleration, enterprise modernization, and next-generation product engineering services. The company operates in various markets, including banking, financial services, insurance, healthcare, life sciences, industrial software, high tech, telecom, and media. Persistent Systems serves a diverse range of clients, from large enterprises to mid-sized companies, helping them navigate and thrive in the digital age.

Persistent Systems' business model revolves around providing specialized services that help companies modernize their IT infrastructure, develop innovative digital products, and enhance their customer experience. The company offers a wide array of services, including digital business strategy, digital product engineering, customer experience (CX) innovation, data-driven business intelligence, and core IT modernization. These services are designed to create business value by leveraging the latest technological advancements and industry-specific expertise.

The company makes money by offering these specialized services to its clients, charging fees for consulting, implementation, and ongoing support. Persistent Systems also collaborates with a diverse and innovative ecosystem of business partners, which allows it to adapt to the unique needs of each client and deliver tailored solutions.

Persistent Systems has been recognized for its excellence in software product engineering services, earning accolades such as the Star Performer in the Everest Software Product Engineering Services PEAK Matrix. This recognition underscores the company's commitment to delivering high-quality, innovative solutions that drive business growth and transformation.

In summary, Persistent Systems is a trusted partner for businesses looking to accelerate their digital transformation, modernize their IT infrastructure, and develop cutting-edge digital products.

Keywords: Digital Transformation, Enterprise Modernization, Product Engineering, Business Strategy, Customer Experience, Data Intelligence, IT Modernization, Industry Expertise, Technological Innovation, Global Solutions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Persistent Systems

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Aepona
ACQUISITION by Intel Corporation Apr 2013
GENWI
ACQUISITION by Persistent Systems Apr 2016
MediaAgility
ACQUISITION by Persistent Systems Mar 2022
Hoopz Planet Info
ACQUISITION by Persistent Systems Jul 2014
CloudSquads
ACQUISITION by Persistent Systems Feb 2014
Data Glove
ACQUISITION by Persistent Systems Feb 2022
Doyenz
ACQUISITION by Persistent Systems Oct 2012
Ampool
ACQUISITION by HP Enterprise Jul 2021
View 5 more