Persistent Solution

Persistent Solution | April 14, 2016

Nearly two years after Persistent Systems acquired web discovery startup Hoopz, the company is in talks with handset makers and mobile application developers to expand the startup's platform overseas. The company is forming partnerships to deploy the platform, Hoopz founder Akash Sureka, who is now head-mobility at Persistent Systems told ET. "We can get about a 100 million users for the platform through these partnerships," he said....

Persistent Solution | February 09, 2016

Summarizing his annual assessment of the threats facing the United States, National Intelligence Director James Clapper told the Senate Armed Services Committee that "unpredictable instability has become the new normal." That's a trend that will continue, he said. Clapper's testimony Tuesday covered a wide array of threats, from cybersecurity to drugs to the Islamic State to space. At one point during the hearing, Clapper referred to this year's report as a "litany of ...

Persistent Solution | March 22, 2016

Persistent today said that the alliance with IBM Watson announced last week could add up to 15-20% to the company's revenue in FY17 over the FY16 base. This alliance will help Persistent realise its ambitions of becoming a global company. Anand Deshpande, CEO, Persistent Systems, said, "This alliance with IBM will change us from being an outsourced products company to a global company focussed on technology development."...

Persistent Solution | January 11, 2016

Mid-tier IT firm Persistent Systems on Monday announced its acquisition of two units of US-based cloud software firm Citrix Systems. The acquisition will be done through Persistent’s US subsidiary Accelerite and is expected to close before March 31. The addition of these technologies to the company’s cloud software portfolio will help enterprises and service providers simplify cloud management and accelerate the adoption of containers in the cloud, Persistent said in a statement....