Persistent Systems Limited is a multinational corporation that specialises in software products, services and technological innovation. The company provides complete product lifecycle services and delivers services at all stages of the product lifecycle, allowing it to work with a diverse range of customers and develop, enhance and deploy its customers’ software products. The company was formed on May 30, 1990, and on September 17, 2007, it was converted to a public limited company with its name changed to Persistent Systems Limited.
The company has extensive experience in telecommunications, life sciences and infrastructure and systems. The company has a global presence in 17 countries, including India, Australia, Canada, Germany and Japan. It collaborates with IT behemoths such as AWS, IBM, Salesforce, Red Hat, Microsoft, Appian, Google, Snowflake, Workato, and others. Persistent Systems was named the leader in customer and delivery excellence in BFSI, HCLS, North America and APAC in 2020. The company’s strategic investments in cutting-edge technologies such as cloud, data and artificial intelligence have helped to strengthen its position in the digital engineering space.
Its acquisitions of Media Agility and Data Glove have helped it strengthen its industry-specific capabilities, including hyper scaled offerings, as well as its emerging technology offerings. This, combined with its strong presence in BFSI, enterprise and consumer software and health technology has helped it cement its leadership position in Zinnov Zones’ 2022 ER and D services ratings. Recently, the company also collaborated with Microsoft to accelerate its growth and leverage Microsoft technologies for richer employee engagement, faster decision-making and the development of innovative industry solutions.
Sector Overview
Esta historia es de la edición February 13, 2023 de Dalal Street Investment Journal.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición February 13, 2023 de Dalal Street Investment Journal.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
