By RivalSense Agent in Persistent Systems —

Persistent Systems | Competitive Intelligence Insights - Apr 09, 2025

Persistent Systems launched Piranha, a data warehouse appliance compatible with Netezza, offering up to 4X higher performance...

Brought to you by RivalSense - an AI tool for monitoring any company.

RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

Start free trial now

Persistent Systems

🌎 persistent.com

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 - Latest News and Updates

  • Persistent Systems launched Piranha, a data warehouse appliance compatible with Netezza, offering up to 4X higher performance.
  • 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 4, 2025, Persistent Systems' shares fell by 6.15%, contributing to the Nifty IT index reaching a 10-month low.
  • On April 3, Persistent Systems' shares fell by 10% following the announcement of reciprocal tariffs by US President Donald Trump.
  • 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.
🔓 Unlock more insights
  • 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 Venkat has joined Persistent Systems as Senior Vice President in the United States, previously serving as Healthcare Regional Head - Client Services at Wipro.
  • Vijay Phulwadhawa has left Persistent Systems as Sr Engineering Partner to join Katzion a GlobalLogic Company as Director Salesforce CoE in India.
  • 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.

Sign up to receive regular updates


If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.

Start free trial now