Annual Report 2017-18

Navigating Technology Shifts

Technology shifts are leading to disruption in the industry and every business is under pressure to transform. Our industry is no different!

The need for change is universal. Over the last few years, we have invested in building tools, establishing partnerships, and getting our teams skilled in next generation technologies and techniques.

In this year’s annual report, we highlight how our teams are in the cockpit and in the control tower to help our customers navigate their business in this environment.

Annual Report 2016-17

Life at Persistent

Last year our Annual Report was about Continuous Transformation by Design. We are preaching digital transformation to our customers and we practice what we preach. We successfully transformed our business from outsourced product development to helping our customers become software driven businesses. As our business is transforming so is our workforce!

For us, continuous transformation by design is not just a business principle, but a life-changing one. In this year’s annual report, we showcase how we are leveraging this idea to our own organization by putting to practice the principles of digital transformation to transform the lives of the people in our organization.

Annual Report 2015-16

Continuous Transformation by Design

Over the last few years, we have seen an exponential growth in the proliferation of devices and sensors which are generating large volume of data, our ability to exploit cloud computing for storage and compute at scale at affordable prices, and the speed and wide reach of high-bandwidth communication channels.

The wide availability of mobile devices has ensured that each one of us has our own personal window to contribute, interact and respond to all that is happening around us on the internet. We live in a culture where we want access to information and want to respond instantaneously.

Advances in technology to manage large volume of data, coupled with advances in automation and machine-learning, has made it possible for us to monitor, observe and respond to changes in the world around us.

Running a business in this fast-changing and demanding world is both a stimulating and formidable challenge. This overwhelming and relentless pace of change is causing continuous disruption. The process is continuous and we must respond — by design!

Annual Report 2014-15

Bringing Software to Life and Life to Software

Over the last 25 years, software has become ubiquitous in our life. Every aspect of our life is enabled by software, and it is hard to imagine life without software.

Over the last 50 years, software has evolved radically and has become a crucial part of our everyday lives. In the early years, software was restricted to computers that filled large rooms. After the PC was launched, computers found their way to every desktop. Computers became more accessible and every professional was working with software.

Over the last 25 years, computers, and hence software, has reached every single human being and touched every aspect of life. Mobile phones of today are more powerful than the fastest computers of the past, and billions of people across the world have information at their finger-tips through their mobile devices. Internet has connected us in ways beyond our imagination.

As we look forward, tens of billions of connected sensors will collect data across the universe. This data will be processed in real-time in a cloud-based environment, and will provide helpful insights to help us make our lives more exciting and fulfilling.

We are fortunate to have been part of ‘Bringing Software to Life and Life to Software’ for the last 25 years, and we look forward to an exhilarating future.

Previous Annual Reports

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