8th consecutive year Persistent takes leadership positions in Zinnov Zones 2020 Engineering Research and Development Services Report

Persistent Systems (BSE & NSE: PERSISTENT), has been named among the top service providers in two Zinnov Zones categories - consumer and enterprise software engineering - and recognized as a leader across digital engineering, AI engineering, cybersecurity and platform engineering.

Zinnov is a research, consulting and advisory company with core expertise in product engineering and digital transformation. Its insights leverage Zinnov's proprietary Draup Platform. Zinnov Zones' ratings have become the industry standard for benchmarking service providers across capabilities such as ER&D services, digital services, IoT services, media and technology.

The 2020 report assessed more than 50 service providers for their product engineering expertise, based on multiple dimensions such as spread and maturity of delivery and services capabilities, scalability, growth rate, financials, innovation and IP, ecosystem linkages and feedback from enterprise buyers.

Sandeep Kalra, Executive Director & CEO, Persistent Systems "Organizations must constantly reprioritize their growth levers to get ahead of market shifts and challenges, and for 30 years we've brought innovation to our clients with speed and breakthrough efficiency enabling that. Recognition by Zinnov for the eighth consecutive year is proof that as we've evolved from product engineering to digital solutions, we've maintained our relentless focus on imagining, engineering, modernizing and managing our clients' engineering programs to lead them on their digital transformation journey."

Sidhant Rastogi, Partner and Global Head, Zinnov "Persistent continues to further its leadership position across fast changing sectors which are undergoing major transformations. This is a testament to Persistent's agility, as well as its expertise around all things cloud-based. It's established itself as a leader in the complex construction of digital mosaics, utilizing the best of cloud-based technologies and partners."

Shares of PERSISTENT SYSTEMS LTD. was last trading in BSE at Rs.1649.5 as compared to the previous close of Rs. 1626.05. The total number of shares traded during the day was 8469 in over 1031 trades.

The stock hit an intraday high of Rs. 1661.95 and intraday low of 1609. The net turnover during the day was Rs. 13898337.

Source : Equity Bulls

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