Persistent Systems Reports
$129.43 Million Revenue,
3.1% Q-o-Q Growth for Q3FY20

Banking, Financial Services and Insurance
Significant Client Advances

• Development of next generation bot-based intelligent platform for enhanced experience for retail banking and home lending applications for one of the largest banks, based in the US
• Development of Salesforce-based integration adaptors and application development for a US-based financial institution
• Critical support of enhanced access certification process and identity management user experience for one of the largest US banks
• Development of key tools for Europe’s leading banking software provider for their core banking software product
• Implementation of cloud-based digital core banking solution for a large private bank in Asia Pacific region
• Implementation and development of Outsystems-based low-code rapid application for a leading Indian general insurance company

Significant Partner Advances

• Recognition as Amazon Web Services (AWS) Advanced Consulting Partner for Data & Analytics, and IoT
• Recognized as Nacha Preferred Partner for digital banking solutions

Healthcare & Life Sciences

• Creation of methodology, model & roadmap for application portfolio rationalization for one of the largest pharmaceutical companies in the world
• End-to-end ownership of engineering, testing, system administration, and operational support for a leading US HMO health plan

Industrial

• Migration from a ‘one tool-centric’ solution to a collaborative system engineering platform for a top European aerospace company
• Deployment of new entitlements, ensuring compliance for a French multinational electrical retailing company
• Enterprise-wide implementation of IBM ELM software for a European heavy vehicle manufacturer
• API Monetization Platform upgrade by a major telecom operator based in the US

ISV & Emerging Vertical

• Implementation of Einstein Analytics, a Salesforce-based AI solution, replacing legacy reporting tool for a leader in hair transplant and restoration services
• Implementation of a software defined networking & network functions virtualization solution for a leading telecom carrier in Malaysia
• Product Engineering engagement to build AI-powered learning and score improvement platform for one of India’s leading eLearning start-ups

New Solutions

• Persistent Digital Credit Union Solution™ in partnership with Gojoko, Mambu and powered by Amazon Web Services
• Strategic alliance with OutSystems and Workato to accelerate low-code integration and automation

Recognition

• First software development company in the world to be #ISO 14064-1:2018 certified
• Winner, Latin America Region IBM Developer Call for Code 2019
• Received 2019 Association of Talent Development’s (ATD) BEST Award

Client Highlights

• Landus Cooperative receives Highest ROI award from OutSystems
• Mount Sinai conducted 4th Annual Health Hackathon
• LungLifeAI cuts lung cancer diagnostic times by 70% using ML algorithms

Other Highlights

• New leadership for unified Salesforce practice in Europe