Three's a Charm! Persistent Judged Leader in Building Enterprise Software Products for 3rd Straight Year

News provided by

Nov 24, 2015, 08:30 ET

PUNE, India and SANTA CLARA, California, November 24, 2015 /PRNewswire/ --

Recognized as a Leader by Zinnov, a Leading Management Consulting Firm

Persistent Logo (PRNewsFoto/Persistent Systems)

For the third year in a row, Zinnov Management Consulting has placed Persistent Systems (BSE & NSE: PERSISTENT) in a leadership position in the Enterprise Software Product segment of its annual Global Service Provider Ratings (GSPR) report 2015. This annual report from Zinnov measures companies on their ability to scale and on their capability to take products from concept to market, their formal innovation culture resulting in IPs and strategic innovation, and for working with the world's largest software companies.

(Logo: http://photos.prnewswire.com/prnh/20141106/714346 )

About Zinnov's Global Service Provider Ratings (GSPR) 2015

Zinnov's GSPR includes more than 200 R&D service providers across geographies including India, China, Russia, Eastern Europe, & APAC.
It details the top global product engineering services providers from emerging markets based on two critical pillars. The first pillar focuses on financial strength, client breadth and scalability of operations. The second pillar focuses on execution capabilities including business models, innovation & expertise, people strength and operations.
The study helps business leaders choose the right R&D partners across geographies.

Persistent Quote:

"Software and product development are in our very DNA at Persistent Systems. For 25 years our team of engineers, developers, product managers - everyone - have worked together to build software products our customers have come to count on. It's this culture of innovation and excellence that we have fostered that has resulted in this recognition from Zinnov, for the third year in a row. More than ever, we're positioned to accelerate enterprises' digital transformation journeys, where software is at the core of their business," said Sudhir Kulkarni, Global Head of Sales & Marketing, Persistent Systems.

Zinnov Quote:

"Persistent continues to be the leader in the Enterprise software products space. Persistent has a laser-focus on building software products and we think that is a strong differentiator. As enterprises digitally transform, they see Software Product Development expertise as the key enabler. Persistent is well-suited to partner with enterprises in their digital transformation journey," said Sidhant Rastogi, Partner and Practice Head, Zinnov.

About Zinnov

Founded in 2002, Zinnov - meaning Zeal in Innovation - is a leading Globalization and Market Expansion Advisory firm, with specialization in areas such as Global Sourcing, Emerging Markets Expansion, Human Capital Optimization, Small & Medium Businesses, Innovation, Cloud Computing and Enterprise Mobility. Zinnov offers advisory services to global leaders in business and technology and works collectively with them to tackle prevailing organizational challenges by analyzing changing dynamics, improving performance, and building institutional capability. The services delivered to its clients through advanced reasoning and analytical techniques, provides solutions help in integrating organizational vision, business definition and processes.

Visit us at http://www.zinnov.com. To request information, contact Karthik Ananth at [email protected].

About Persistent Systems

Persistent Systems (BSE & NSE: PERSISTENT) builds software that drives the business of our customers; enterprises and software product companies with software at the core of their digital transformation.

Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit: http://content.persistent.com/Pslweb/forward_looking_cautionary_statement.shtml

For more information, please contact:

Ken Montgomery
Persistent Systems
Vice President, Global Communications
+1-949-939-5164
[email protected]

Hitesh Garg
Text100 Global Communications
+91-9833482728
[email protected]

SOURCE Persistent Systems