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Persistent Systems history
Persistent Systems company history timeline
The Persistent Systems, LLC founders pioneered the initial R&D into high throughput routing in early 2002 and have been continuously working to ensure that data moves through the wireless network efficiently.
Second S – the Second S was 2002 onwards, with the Y2K. All of a sudden, when the market started to come back up, off-shoring was the hot word and everyone wanted to do it.
In 2005, Persistent Systems raised about $20 million from Norwest Venture Partners and Gabriel Venture Partners.
Third S – In 2007-08, Anand met 100-150 CEOs, who were his customers, when the market was down.
Fourth S – Software 4.0 - In 2014, Anand saw every company was becoming a product company and there were discussions around 'software eating the world'. Anand met M R Rangaswami, co-founder of Sand Hill Group, who eventually helped Persistent build the narrative around digital transformation.
As part of the Aepona acquisition the Company acquired development centers in Belfast UK and in Colombo Sri Lanka.In May 2016 the Company was named the 'Appian Regional Partner of the Year' for North American region.
During FY 2017 the company signed a strategic collaboration with Partners Healthcare to develop a new industry-wide open- source platform to bring digital transformation to clinical care.
During FY 2018 the company completed the acquisition of PARX - a platinum salesforce consulting company based in Switzerland and Germany.
At 1.79 million, demat accounts opened in June fewest since Feb 2021
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Persistent Systems competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| CitiusTech | 2005 | $200.0M | 40 | - |
| Datamatics | 1975 | $150.0M | 10,001 | 3 |
| Paramount Software Solutions | 1997 | $6.5M | 100 | - |
| Cnsi | 1994 | $300.0M | 400 | 4 |
| Droisys | 2003 | $27.0M | 200 | 111 |
| Hexaware Technologies | 1990 | $677.7M | 16,205 | 83 |
| EPAM Systems | 1993 | $4.7B | 52,651 | 307 |
| NetVision Resources | 1999 | $17.0M | 100 | - |
| Tasacom Technologies | 2007 | $8.0M | 175 | - |
| Aricent | 1982 | $3.1B | 10,000 | - |
Persistent Systems history FAQs
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Persistent Systems may also be known as or be related to Persistent Systems, Persistent Systems Inc, Persistent Systems LLC, Persistent Systems Pvt.ltd and Persistent Systems, LLC.