Persistent Systems

Former CEO of Tricentis and renowned testing industry veteran, Sandeep Johri joins LambdaTest's board

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Wednesday, September 28, 2022

SAN FRANCISCO, Sept. 28, 2022 /PRNewswire/ -- Sandeep Johri, former CEO of Tricentis, has joined the board of LambdaTest, a leading continuous quality testing cloud platform. Sandeep, a technology industry veteran, who grew Tricentis into a global leader in software testing will play a pivotal role in helping LambdaTest in its next phase of growth and expansion.

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An industry veteran with 25+ years of experience, Sandeep will bolster LambdaTest's growth internationally
SAN FRANCISCO, Sept. 28, 2022 /PRNewswire/ -- Sandeep Johri, former CEO of Tricentis, has joined the board of LambdaTest , a leading continuous quality testing cloud platform.
Sandeep, a technology industry veteran, who grew Tricentis into a global leader in software testing will play a pivotal role in helping LambdaTest in its next phase of growth and expansion.
Sandeep, who has over 25 years of experience in enterprise software, was CEO of Tricentis, a leading enterprise test automation platform, in his last role.
He joins the LambdaTest board in his capacity as a Pathfinder to give the organization a head start in global expansion.

AeroVironment signs deal with Persistent Systems to join Wave Relay® Ecosystem

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Tuesday, September 13, 2022

NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Persistent Systems, LLC ("Persistent"), a leader in mobile ad hoc networking (MANET), announced today that AeroVironment's unmanned ground vehicles (UGV) business has joined Persistent's Wave Relay® Ecosystem.

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In addition, Wave Relay MANET gives companies the opportunity to move beyond simple point-to-point solutions and build whole constellations of connected air and ground assets, Naioti said.
Headquartered in New York City since 2007, Persistent Systems, LLC is a global communications technology company that develops and manufactures a patented and secure Mobile Ad hoc Networking (MANET) system: Wave Relay.
Wave Relay transmits and receives data, video, voice and other applications under the most difficult conditions.
Headquartered in Virginia, AeroVironment is a global leader in intelligent, multi-domain robotic systems and serves defense, government and commercial customers.

Referral Management Market worth $6.1 billion by 2027 - Exclusive Report by MarketsandMarkets™

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Tuesday, August 9, 2022

CHICAGO, Aug. 9, 2022 /PRNewswire/ -- Referral Management Market is projected to grow from USD 3.2 billion in 2022 to USD 6.1 billion by 2027, at a CAGR of 13.6% from 2022 to 2027, according to a new report by MarketsandMarkets.

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CHICAGO, Aug. 9, 2022 /PRNewswire/ -- Referral Management Market is projected to grow from USD 3.2 billion in 2022 to USD 6.1 billion by 2027, at a CAGR of 13.6% from 2022 to 2027, according to a new report by MarketsandMarkets.
Rising geriatric population base and subsequent surge in the disease burden globally will further upsurge the demand for referral management solutions.
The referral management market is bifurcated based on type into inbound and outbound referrals.
These players are increasingly focusing on product launches, expansions, acquisitions, and partnerships to expand their product offerings in the referral management market.

MediaAgility, Recently Acquired by Persistent, Named as a Niche Player in the 2022 Gartner® Magic Quadrant for Public Cloud IT Transformation Services

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Thursday, August 4, 2022

SANTA CLARA, Calif. and PUNE, India, Aug. 4, 2022 /PRNewswire/ -- MediaAgility, which is now part of Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) and a leading provider of solutions in the global cloud transformation services, has been recognized in the 2022 Gartner Magic Quadrant for Public Cloud IT Transformation Services. It also scored in all the five use cases for Critical Capabilities for Public Cloud IT Transformation Services on account of its ability to execute and completeness of vision.

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It also scored in all the five use cases for Critical Capabilities for Public Cloud IT Transformation Services on account of its ability to execute and completeness of vision.
Persistent has bolstered its presence in the Google ecosystem with the acquisition, first announced in March 2022, of MediaAgility.
"We are pleased to be recognized among global providers in the 2022 Gartner Magic Quadrant.
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission.

MediaAgility, Recently Acquired by Persistent, Named as a Niche Player in the 2022 Gartner® Magic Quadrant for Public Cloud IT Transformation Services

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Thursday, August 4, 2022

SANTA CLARA, Calif. and PUNE, India, Aug. 4, 2022 /PRNewswire/ -- MediaAgility, which is now part of Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) and a leading provider of solutions in the global cloud transformation services, has been recognized in the 2022 Gartner Magic Quadrant for Public Cloud IT Transformation Services. It also scored in all the five use cases for Critical Capabilities for Public Cloud IT Transformation Services on account of its ability to execute and completeness of vision.

Key Points:

It also scored in all the five use cases for Critical Capabilities for Public Cloud IT Transformation Services on account of its ability to execute and completeness of vision.
Persistent has bolstered its presence in the Google ecosystem with the acquisition, first announced in March 2022, of MediaAgility.
"We are pleased to be recognized among global providers in the 2022 Gartner Magic Quadrant.
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission.

Monument Bank and Persistent Partner in the Creation of New Digital Banking Infrastructure

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Tuesday, August 2, 2022

PUNE, India and LONDON, Aug. 2, 2022 /PRNewswire/ -- Monument Bank, UK's first neo bank focused on the needs of the ~4.8 million 'mass affluent', has partnered with Persistent Systems (BSE: PERSISTENT) and (NSE: PERSISTENT), a Global Digital Engineering provider to build a bespoke, cloud-native digital banking platform for lending and deposit services to support Monument's ongoing operations. Monument's target clients are usually pressed for time and often feel underserved and undervalued by other banking providers. Monument's mission is to help its clients prosper and optimise their time by offering smart, efficient and flexible solutions.

Key Points:

Monument's target clients are usually pressed for time and often feel underserved and undervalued by other banking providers.
Monument is dedicated to providing exceptional, high-value customer service, enabled by a host of innovative, industry verticalised, cloud technology solutions.
With over 21,500 employees located in 18 countries, Persistent Systems (BSE:PERSISTENT) (NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization.
Persistent was named to the Forbes Asia Best Under a Billion 2021 list, representing consistent top-and bottom-line performance as well as growth.

Monument Bank and Persistent Partner in the Creation of New Digital Banking Infrastructure

Retrieved on:

Tuesday, August 2, 2022

PUNE, India and LONDON, Aug. 2, 2022 /PRNewswire/ -- Monument Bank, UK's first neo bank focused on the needs of the ~4.8 million 'mass affluent', has partnered with Persistent Systems (BSE: PERSISTENT) and (NSE: PERSISTENT), a Global Digital Engineering provider to build a bespoke, cloud-native digital banking platform for lending and deposit services to support Monument's ongoing operations. Monument's target clients are usually pressed for time and often feel underserved and undervalued by other banking providers. Monument's mission is to help its clients prosper and optimise their time by offering smart, efficient and flexible solutions.

Key Points:

Monument's target clients are usually pressed for time and often feel underserved and undervalued by other banking providers.
Monument is dedicated to providing exceptional, high-value customer service, enabled by a host of innovative, industry verticalised, cloud technology solutions.
With over 21,500 employees located in 18 countries, Persistent Systems (BSE:PERSISTENT) (NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization.
Persistent was named to the Forbes Asia Best Under a Billion 2021 list, representing consistent top-and bottom-line performance as well as growth.

Persistent Revenue Grows 11.1% Q-o-Q and 44.8% Y-o-Y for Q1 FY23

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Thursday, July 21, 2022

Director, Institutional Investor Advisory Services, Persistent Systems, ACV, The Conference Board, INR, Growth, Digital, TCV, Company, Ness Digital Engineering, Board, Management

SANTA CLARA, Calif. and Pune, India, July 21, 2022 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) today announced the Company's audited financial results for the quarter ended June 30, 2022, as approved by the Board of Directors.

Key Points:

All the resolutions including final dividend payment of INR 11 per share, were passed with requisite majority.
"We would like to thank Pradeep Bhargava, Guy Eiferman and Thomas Kendra for their guidance and encouragement during their tenure as Board members.
Our differentiated Digital Engineering expertise, trusted delivery model, robust client relationships and strong partner ecosystem continue to fuel our growth.
In addition, we are confidently working with our clients to help them navigate and thrive in the evolving economic environment.

Persistent Revenue Grows 11.1% Q-o-Q and 44.8% Y-o-Y for Q1 FY23

Retrieved on:

Thursday, July 21, 2022

Director, Institutional Investor Advisory Services, Persistent Systems, ACV, The Conference Board, INR, Growth, Digital, TCV, Company, Ness Digital Engineering, Board, Management

SANTA CLARA, Calif. and Pune, India, July 21, 2022 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) today announced the Company's audited financial results for the quarter ended June 30, 2022, as approved by the Board of Directors.

Key Points:

All the resolutions including final dividend payment of INR 11 per share, were passed with requisite majority.
"We would like to thank Pradeep Bhargava, Guy Eiferman and Thomas Kendra for their guidance and encouragement during their tenure as Board members.
Our differentiated Digital Engineering expertise, trusted delivery model, robust client relationships and strong partner ecosystem continue to fuel our growth.
In addition, we are confidently working with our clients to help them navigate and thrive in the evolving economic environment.

Google Plays Key Role in Advanced U.S. Cloud Strategies

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Wednesday, July 20, 2022

The 2022 ISG Provider Lens Google Cloud Partner Ecosystem report for the U.S. finds Google is carving out a place for itself alongside AWS and Microsoft Azure as companies set up cloud infrastructure to modernize their IT capabilities.

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The 2022 ISG Provider Lens Google Cloud Partner Ecosystem report for the U.S. finds Google is carving out a place for itself alongside AWS and Microsoft Azure as companies set up cloud infrastructure to modernize their IT capabilities.
Enterprises with mature cloud strategies may eventually use all three cloud platforms, each for its own strengths, said Bernie Hoecker, partner, enterprise cloud transformation at ISG.
The majority of these firms reside in the U.S., which is currently the most advanced cloud market.
Advanced operations like AI are the most resource-intensive uses of the cloud, said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.