Persistent Systems | Competitive Intelligence Profile

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Persistent Systems is an AI-led, platform-driven Digital Engineering and Enterprise Modernization partner based in Pune, Maharashtra. The company specializes in digital transformation, consulting, and various IT services, helping clients across multiple industries, including banking, healthcare, and technology, to innovate and modernize their operations. With a global team of over 23,900 members, Persistent Systems has been recognized for its growth, sustainability efforts, and employee satisfaction.

🛍️ Persistent Systems Product and Pricing News →

👔 Persistent Systems CEO, Management and Leadership Team →

⚔️ Persistent Systems Alternatives and Competitors →

💼 Persistent Systems Hiring and Layoffs →

🤖 Persistent Systems Developer, Integration and Automation News →

📈 Persistent Systems Financials, Fundraising and Valuation News →

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🛍️ Persistent Systems Product and Pricing News

• Persistent Systems launched Piranha, a data warehouse appliance compatible with Netezza, offering up to 4X higher performance.
• Persistent Systems ranked among the top 5 in client satisfaction and innovation in the 2024/25 IT Sourcing Study for Europe by Whitelane Research.
• Persistent Systems is focusing on Agentic AI for autonomous decision-making in financial services and translating GenAI's value for banks, indicating a strategic shift towards advanced AI applications.
• Persistent Systems won the Google Cloud’s Infrastructure Modernization Partner of the Year Award for Asia Pacific.
• Persistent Systems won the Universal ITO 2024 award at the 2024 ISG Star of Excellence Awards.

• Vijay Verma, Chief Revenue Officer at Persistent Systems, will discuss the impact of GenAI at Google Cloud Next'25 in Las Vegas on April 11.
• Persistent Systems received the Call for Code Ecosystems Engagement Award 2024 from IBM, presented by Soumitra Limaye, Director, WW Ecosystem Engineering at IBM.
• The team Code Medics from Persistent Systems secured a Top 10 spot globally and won the 'Best Solution Award' at the Semicolons Hackathon 2025 with their GenAI-powered Auto Remediation Platform.

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👔 Persistent Systems CEO, Management and Leadership Team

• Pandurang Kamat

  
  Chief Technology Officer
  [email protected]

• Vinit Teredesai

  
  Chief Financial Officer
  [email protected]

• Sandeep Kalra

  
  CEO & Executive Director
  [email protected]

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⚔️ Persistent Systems Alternatives and Competitors

• Wipro
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• Deloitte
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• NTT DATA
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• PwC
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• Accenture
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• Tata Consultancy Services
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• Hexaware Technologies
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• AgileThought
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• Exadel
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• Virtusa
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• EPAM Systems
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• Mphasis
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• Rebaca Technologies
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• KPIT Technologies
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• Unisys
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• eClerx
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• Coforge
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• Silvus
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• Capgemini
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• Cognizant

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💼 Persistent Systems Hiring and Layoffs

• Sushant Watghare has joined Persistent Systems as Chief Security Architect in India, previously serving as Security Senior Manager at Accenture.
• Ashwini Kumar has joined Persistent Systems as Vice President Sales in the United States, previously serving as Sr Director- Financial Services at Infosys.
• Vijay Phulwadhawa has left Persistent Systems as Sr Engineering Partner to join Katzion a GlobalLogic Company as Director Salesforce CoE in India.
• Vijay Venkat has joined Persistent Systems as Senior Vice President in the United States, previously serving as Healthcare Regional Head - Client Services at Wipro.
• Ranjeet Khanna has joined Persistent Systems as Senior Vice President in Canada, previously serving as Vice President, Digital Transformation at Calabrio, Inc.

• Ansu Jain has left Persistent Systems as AVP to join BUSINESSNEXT as Vice President in India.
• Persistent Systems is currently hiring for the position of Client Partner in Japan.
• Persistent Systems is currently hiring for the position of Delivery Partner - Cloud in India.

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🤖 Persistent Systems Developer, Integration and Automation News

• On April 15, 2025, Persistent Systems was selected by the U.S. Navy as one of 88 participants for a $982.1 million IDIQ contract to provide MANET solutions for integrating unmanned surface vessels into the fleet.
• Persistent Systems is partnering with Prophaze Web Security Platform to enhance cybersecurity for APIs and cloud-native infrastructure, showcased at RSAC2025.
• Persistent Systems helped a global analytical instruments provider increase operational efficiency by 30% using AI suggestions based on Salesforce Data Cloud.
• Persistent Systems France offers customized Salesforce Data Cloud solutions, leveraging their global expertise and strategic partnership with Salesforce since 2003.
• Persistent Systems upgraded a global food delivery company's Salesforce CRM to enhance supplier management, contract handling, and inventory visibility.

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📈 Persistent Systems Financials, Fundraising and Valuation News

• Persistent Systems will absorb Capiot Software after receiving NCLT approval, with the merger effective from April 1, 2024, to improve operational efficiency and reduce costs.
• On April 4, 2025, Persistent Systems' shares fell by 6.15%, contributing to the Nifty IT index reaching a 10-month low.
• Persistent Systems experienced a 10% stock correction due to US tariffs and faces a potential 25% downside risk according to JPMorgan's bear case for FY27.
• On April 3, Persistent Systems' shares fell by 10% following the announcement of reciprocal tariffs by US President Donald Trump.
• On April 2, 2025, Persistent Systems' share price and market capitalization decreased on both BSE and NSE compared to March 27, 2025.

• Engineering Leads at Persistent Systems earn an average salary of ₹17.4 lakhs, with most salaries ranging from ₹15 lakhs to ₹26.6 lakhs.

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