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Welcome to the July edition of the Persistent Perspective Newsletter.
In this edition, I'm pleased to share that we sustained our growth momentum as we entered our new fiscal year. We reported $282.9M in revenue in Q1 FY24, delivering 17.1% year-over-year revenue growth. Our Digital Engineering leadership, extensive experience across key industries, curated partner ecosystem, and ability to stay ahead of disruptive technology trends has led to our ongoing success.
Client-centricity is the key to our growth, and we remain laser-focused on strengthening our capabilities to deliver transformative solutions. We feature how we have helped the world's second-largest aircraft equipment manufacturer Safran and leading media company Onclusive Inc. optimize performance and navigate technological and organizational transformation.
Moving closer to where our clients want us to be, we opened our first office in Kraków, Poland to augment our nearshore capabilities in Europe, established a Private Equity (PE) Value Creation Hub in Dallas, Texas, and inaugurated our Salesforce Center of Excellence in Jaipur, India.
The last month was also momentous for us in terms of industry and market accolades, as Persistent was widely recognized by leading market analysts and global media. I’m also delighted to share that we are making steady progress toward our stated ESG goals and have recently released the second edition of our ESG report.
I thank our clients, partners, investors and employees for their relentless support and trust, without which all this would not have been possible.
Best wishes,
Sandeep Kalra
CEO and Executive Director, Persistent