Persistent named a Leader in Everest Group’s Talent Readiness for Next-Generation IT Services PEAK Matrix® 2023

Amid the rapidly evolving technology landscape, as enterprises advance in their digital transformation endeavors, they face a primary challenge the shortage of talent equipped with next-generation skills. This challenge is further exacerbated by the shortening half-lives of skills and higher attrition rate in emerging skills within organizations. To address this challenge, enterprises are seeking IT service providers that have implemented robust talent development and management strategies. These strategies strive to acquire, nurture, and sustain a high-quality, productive, multi-skilled, and diverse workforce to meet evolving talent needs.

Persistent Systems has been named a Leader in Everest Group’s Talent Readiness for Next-Generation IT Services PEAK Matrix® Assessment 2023. This recognition reflects Persistent’s strong mix of next-gen ready resources built on the back of a strong L&D program and supported by analytics solutions across the entire talent value management chain.

Everest Group’s Assessment of Persistent as a Leader – Key Strengths

• Persistent Systems has a stronger delivery mix of next-generation ready resources, especially for application services, data analytics, and DevOps services, compared to other service providers of similar size.
• Persistent Systems has made significant investments toward developing next-generation cybersecurity skills in the workforce, including a partnership with the College of Engineering, Pune, India, to design tailored cybersecurity courses for its talent pursuing a Master’s degree.
• In comparison to firms of similar scale, Persistent Systems offers comprehensive L&D programs focused on equipping its associates with next-generation skills. These are backed up by strategies to drive L&D participation, tracking multiple metrics to gauge and enhance the efficacy of these initiatives, and Gen Z-oriented strategies for the holistic development of a future-ready workforce.
• Persistent Systems leverages analytics solutions across the entire talent management value chain, which accelerates data-driven decision-making, and it has adopted multiple methods to embed lean and Six Sigma approaches to enhance talent productivity and timely delivery during client engagements.

In this report, Everest Group has presented an assessment of 26 IT service providers featured on the Talent Readiness for Next-Generation IT Services PEAK Matrix®. The research will help buyers select the right-fit provider for their needs, while providers will be able to benchmark themselves against each other.