# Persistent Systems

> Persistent Systems is a Pune-headquartered, publicly listed technology services and solutions company that designs software products, modernizes enterprise systems, builds cloud and data platforms, and helps regulated companies put AI into production. Its position between a focused engineering specialist and a scaled global integrator has produced 25 consecutive quarters of revenue growth, $1.654 billion in FY2026 revenue, and a proposed combination with Nagarro that would substantially expand its European reach.

- **Founded:** 1990
- **Headquarters:** Pune, India
- **Founders:** Dr. Anand Deshpande (Founder, Chairman and Managing Director), S. P. Deshpande (Founder Director (1990-2011))
- **Team size:** More than 28,500 employees in 21 countries as of August 2026.
- **Products:** Software Product Engineering, Persistent.AI, SASVA, Persistent iAURA, Persistent GenAI Hub
- **Notable:** Reached 25 consecutive quarters of revenue growth in Q1 FY2027., Reported record quarterly total contract value of US$1.1462 billion in Q1 FY2027., Recognized as a Leader and Star Performer in Everest Group's 2026 Software Product Engineering Services PEAK Matrix.

## Products & services

- **Software Product Engineering** — Strategy, design, engineering, modernization, sustenance and support for software products and platforms.
- **Persistent.AI** — Enterprise AI readiness, agentic AI engineering, industry solutions and reusable platforms for moving AI from pilots into governed production.
- **SASVA** — An AI-powered platform for accelerating and governing activities across the software development life cycle.
- **Persistent iAURA** — An AI-led data and analytics platform designed to connect enterprise data and speed insight generation.
- **Persistent GenAI Hub** — A responsible-AI platform for building, evaluating, monitoring and managing multi-model applications and agent workflows.
- **Cloud & Infrastructure** — Cloud advisory, migration, hybrid and multi-cloud transformation, data-center modernization and intelligent operations.
- **Data & Analytics** — Data strategy, governance, stack modernization, connectors, analytics, data science and machine learning.
- **CX and Experience Transformation** — Customer-experience strategy, design, contact-center intelligence and low-code implementation across digital touchpoints.
- **Enterprise Modernization and Integration** — Application modernization, API-led integration, automation, security and managed services for complex enterprise estates.

## Achievements

- Reached 25 consecutive quarters of revenue growth in Q1 FY2027.
- Reported record quarterly total contract value of US$1.1462 billion in Q1 FY2027.
- Recognized as a Leader and Star Performer in Everest Group's 2026 Software Product Engineering Services PEAK Matrix.
- Named the fastest-growing IT services brand globally in Brand Finance's 2026 IT Services 25 report, with 22% year-over-year brand-value growth.
- Named Google Cloud's 2025 Infrastructure Modernization Partner of the Year for Asia Pacific.
- Included in the Dow Jones Best-in-Class World Index and reported achieving carbon neutrality.
- Listed publicly in India on the BSE and NSE and included in major Indian equity indices.

## Latest updates

- **2026-08** — Reported Q1 FY2027 revenue of US$452.4 million, up 16.1% year over year, and record quarterly TCV of US$1.1462 billion.
- **2026-07** — Published DrugStudio, a multi-agent computational drug-discovery approach built with NVIDIA BioNeMo and NVIDIA Agent Toolkit.
- **2026-06** — Signed a business combination agreement and announced an intended EUR 81-per-share voluntary public takeover offer for Nagarro; the transaction remains subject to conditions and regulatory process.
- **2026-06** — Marked ten years of operations in Mexico and expanded its nearshore delivery positioning for the Americas.
- **2026-05** — Announced a strategic partnership with Kong to help enterprises govern APIs, data, models and agentic workflows across hybrid environments.
- **2026-05** — Introduced the AI Value Compass with IIM Ahmedabad to help enterprises prioritize and measure AI investments.
- **2026-04** — Reported FY2026 revenue of US$1.6544 billion, up 17.4%, with a 15.6% EBIT margin.

## Links

- Website: https://www.persistent.com/
- LinkedIn: https://www.linkedin.com/company/persistent-systems
- Twitter/X: https://twitter.com/Persistentsys
- YouTube: https://www.youtube.com/channel/UCcHUpqmNBz3lkTEbIVT_4mQ
- Instagram: https://www.instagram.com/persistent_systems/
- Facebook: https://www.facebook.com/PersistentSystems

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Profile page: https://yespress.io/persistent-systems
Published by YesPress — https://yespress.io
Last updated: 2026-08-13