Persistent

Persistent is a data-driven company that provides CX innovation, IT modernization, and data stack integration solutions for businesses. Read more

Sandeep Kalra's photo - CEO of Persistent

CEO

Sandeep Kalra

CEO Approval Rating

78/100

Founded:

1990

Status:

PublicIndependent CompanyNational Stock Exchange of IndiaPERSISTENT

PERSISTENT TOP COMPETITORS OR ALTERNATIVES

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Mphasis has been one of Persistent's top competitors. Mphasis was founded in 2000, and is headquartered in Bangalore, Karnataka. Mphasis competes in the IT Consulting industry. Mphasis generates $761.4M more revenue vs. Persistent.

Cyient is a top competitor of Persistent. Cyient is a Public company that was founded in Hyderabad, Andhra Pradesh in 1991. Like Persistent, Cyient also competes in the IT Consulting industry. Cyient has 2,000 more employees vs. Persistent.

Mindtree is perceived as one of Persistent's biggest rivals. Mindtree was founded in 1999, and its headquarters is in Bangalore, Karnataka. Like Persistent, Mindtree also operates in the IT Services field. Mindtree has 9,991 more employees than Persistent.

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Persistent Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$566.1M

Persistent's revenue is the ranked 14th among it's top 10 competitors. The top 10 competitors average 8.9B. Over the last four quarters, Persistent's revenue has grown by 15.8%. Specifically, in Q1 2021's revenue was $152.3M; in Q4 2020, it was $146.2M; in Q3 2020, it was $136.1M; in Q2 2020, Persistent's revenue was $131.5M.

Persistent Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
CAPIOT Software, Inc.

Oct 2020

Source »
$6.3M
CAPIOT is a Mulesoft integration partner that provides spend analytics and partner management solutions for logistics and finance sectors.
Youperience GmbH

Jun 2019

Source »
$7.7M
youperience provides cloud-based email marketing, predictive intelligence, reporting and social media advertising solutions to businesses.
Herald Technologies

Sep 2018

Source »
$2.3M
Herald Technologies is a customer identification and analytics platform that provides actionable insights to businesses for retaining their customers.
PARX

Jul 2017

Source »
undisclosed
PARX is a provider of salesforce optimization and project management services.
Genwi Inc.

Apr 2016

Source »
undisclosed
Genwi develops a cloud-based mobile publishing application that enables users to engage prospects in mobile and desktop.

These are all the companies that Persistent has acquired. Persistent has acquired 10 companies and its latest acquisition was CAPIOT Software, Inc. in Oct 2020. CAPIOT is a Mulesoft integration partner that provides spend analytics and partner management solutions for logistics and finance sectors.

Persistent Funding History

No recent funding data found related to Persistent

Persistent Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Cazena is a Massachusetts-based SaaS platform that provides data lakes, self-service analytics, data DevOps, and related solutions for businesses.
$10M
Jul 23, 2018
Equity
-
OpsDataStore designs and develops management software products for data back end.
$3M
May 13, 2015
Series A
-
QuikWallet is a mobile application that enables users to make payment for their purchases.
$25K
May 26, 2014
Grant
Oct 01, 2018

These are all the companies that Persistent has invested in. Persistent has invested 10 companies and its latest investment was CAPIOT Software, Inc. in Oct 2020. CAPIOT is a Mulesoft integration partner that provides spend analytics and partner management solutions for logistics and finance sectors.

Persistent News

May 4, 2021Telecomlive

Persistent sees FY22 growth in double digit, aims to be $1-bn company

Pune-based Persistent Systems, which reported a double digit growth in FY22, under its CEO Sandeep Ka... See more »
May 3, 2021CRN

Persistent Systems reports strong growth

Read Article Persistent Systems has announced the company's audited financial results for the quarter... See more »
May 1, 2021Moneycontrol

Persistent Q4 net profit rises 64 percent to Rs 137.75 crore

The Persistent scrip close 2.01 per cent up at Rs 2,038.55 per share on BSE, as against a correction ... See more »
April 30, 2021India Infoline

Persistent Systems spurts 5% after reporting strong growth in Q4FY21

The company reported revenue of Rs1,113.36cr in Q4FY21, a qoq growth of 3.5% and yoy growth of 20.2%.... See more »
April 30, 2021The Hindu Business Line

Persistent Systems Q4 net up 64% at 138 crore

Rise in digital adoption boosted performance: CFO... See more »
April 22, 2021India Infoline

Persistent named Top 15 Sourcing Standout for Managed Services in Q1 2021 Global ISG Index

The company won recognition for the fifth consecutive quarter. ISGs Booming 15 subcategory covers ser... See more »
April 20, 2021altAfrica

Ecobodaa teams-up with Persistent

Ecobodaa, an e-mobility startup based in Kenya, has entered into a strategic venture-building partner... See more »

Persistent Blogs

August 14, 2019Persistent Blog

Understanding AWS SageMaker Capabilities: A Detailed Exploration

The AWS ML stack offers support for Machine Learning projects in three layers. The top layer offers s... See more »
August 13, 2019Persistent Blog

Microsoft Azure: A Great Contender in the ML Platform Race

The growth and opportunities in Artificial Intelligence (AI) are unlimited. Gartner predicts the busi... See more »
August 12, 2019Persistent Blog

Machine Learning Platforms: A Quick Introduction

Data fuels all software-driven transformations, from creating new experiences to framing new business... See more »
August 9, 2019Persistent Blog

Thoughts on Transparency and Explainability of AI

The power of machine learning (ML) is that the models developed can learn intricate patterns in the d... See more »
July 2, 2019Persistent Blog

Start-ups to watch out for - Identiverse 2019

People, organizations, and connected things are continually evolving to form an increasingly digital ... See more »
July 1, 2019Persistent Blog

5 Key Takeaways from Identiverse 2019

The 10th year of Identiverse kicked off with a promise of being a year's worth of learning in 4 days.... See more »
May 30, 2019Persistent Blog

JSON Processing in Spark & Snowflake, a comparison

The post JSON Processing in Spark & Snowflake, a comparison appeared first on Persistent Systems.... See more »

Persistent Press Releases

January 12, 2021PR Newswire

8th consecutive year Persistent takes leadership positions in Zinnov Zones 2020 Engineering Research and Development Services Report

SANTA CLARA, Calif. and PUNE, India, Jan. 12, 2021 /PRNewswire/ -- Persistent Systems (BSE: PERSISTEN... See more »
August 6, 2020PR Newswire

Persistent Affirms Commitment to Its Communities, Donates more than $1/2M to North American charities in help against impact of COVID-19

PUNE, India and SANTA CLARA, Calif., Aug. 6, 2020 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT... See more »
July 22, 2020PRWeb

Persistent Systems Donates $250,000 to Ronald McDonald House Charities

Donation is part of the company's global Covid-19 fund to help organizations(PRWeb July 22, 2020)Read... See more »
April 14, 2020centralcharts

7th Consecutive Year - Persistent in Leadership Positions in Zinnov Zones 2019 ER&D Services Report

7th Consecutive Year - Persistent in Leadership Positions in Zinnov Zones 2019 ER&D Services Report L... See more »
January 30, 2020centralcharts

Persistent Systems Reports $129.43 Million Revenue, 3.1% Q-o-Q Growth For Q3FY20

Persistent Systems Reports $129.43 Million Revenue, 3.1% Q-o-Q Growth For Q3FY20 PR Newswire PUNE, In... See more »
January 14, 2020centralcharts

A New Day for Credit Unions With the Launch of Gojoko Community Lenders Gô Digital® Platform in Partnership With Persistent Digital Credit Union Solution

A New Day for Credit Unions With the Launch of Gojoko Community Lenders Gô Digital® Platform in Partn... See more »
December 19, 2019PRWeb

Nacha Announces Trustly as a Preferred Partner for Online Banking Payment & Verification

Trustly (formerly known as PayWithMyBank in the U.S.) is now a Nacha Preferred Partner for Online Ban... See more »

Persistent Videos

Social Media

Persistent Headquarters

Senapati Bapat Road Bhageerath, 402 E

Pune, Maharashtra411016

91-20670-30000

Driving Directions »

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Persistent Summary

ABOUT

Overview

Persistent Systems, Ltd. (BSE: 533179; NSE: PERSISTENT) is a provider of enterprise software product and technology services. It was incorporated as Persistent Systems Private Limited in May 30, 1990. It was subsequently converted into a public Limite...

CEO

Persistent's CEO, Sandeep Kalra, currently has an approval rating of 78%. Persistent's primary competitors are Mphasis, Cyient & Mindtree.

Frequently Asked Questions about Persistent

  1. When was Persistent founded?

    Persistent was founded in 1990
  2. Who is Persistent's CEO?

    Persistent's CEO is Sandeep Kalra
  3. How much revenue does Persistent generate?

    Persistent generates $566.1M in revenue
  4. How much funding does Persistent have?

    Persistent has historically raised $0 in funding
  5. Where is Persistent's headquarters?

    Persistent's headquarters is in Pune Maharashtra, IN
  1. How many employees does Persistent have?

    Persistent has 12,000 employees
  2. What sector does Persistent operate in?

    Persistent is in IT Consulting, IT Services
  3. Who are Persistent's competitors?

    Persistent's top competitors are Mphasis, Cyient, Mindtree
  4. Who has Persistent invested in?

    Persistent's has invested in companies such as Cazena, OpsDataStore, Quikwallet