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Persistent Systems Limited — Regulatory Filings 2018
Nov 29, 2018
60826_rns_2018-11-29_c1dab50f-0ae1-46f7-9644-bc69377d2706.pdf
Regulatory Filings
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PERSISTENT
NSE & BSE / 2018-19 / 79
November 29, 2018
The Manager, Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400051
Ref: Symbol: PERSISTENT
The Manager, Corporate Services, BSE Limited 14[th ] Floor, P J Towers, Dalal Street, Mumbai 400001
Ref: Scrip Code: 533179
Dear Sir/ Madam,
Sub: Press Release regarding "Persistent Systems Machine Learning Models Now Available on Amazon Web Services Marketplace for Machine Learning"
We wish to inform you that the Company has made a press release dated November 29, 2018 titled "Persistent Systems Machine Learning Models Now Available on Amazon Web Services Marketplace for Machine Learning".
The copy of the Press Release is enclosed for your records.
Please acknowledge the receipt.
Thanking you,
Yours faithfully,
For Persistent Systems Limited
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Encl: As above
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Persistent Systems Limited, Bhageerath, 402, Senapati Bapat Road, Pune 411016 I Tel : +91 (20) 670 30000 Persistent Systems Inc., 2055, Laurelwood Rd, Suite 210, Santa Clara, CA 95054, USA I Tel : +1 (408) 216 7010 CIN - L72300PN1990PLC056696 I Fax - +91 (20) 6703 0009 I e-mail - [email protected] I Website - www.persistent.com
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Persistent Systems Machine Learning Models Now Available on Amazon Web Services Marketplace for Machine Learning
Using Amazon SageMaker, Persistent Systems develops ten purpose-built machine learning models
Santa Clara, Calif. and Pune, India November 29, 2018
News
At AWS re:Invent this week in Las Vegas, Persistent Systems (BSE & NSE: PERSISTENT), a global software and technology developer, and an Advanced Consulting Partner in the Amazon Web Services (AWS) Partner Network, will unveil the first ten Machine Learning (ML) models it has published on AWS Marketplace for Machine Learning. Using Amazon SageMaker, the company has built the models across a variety of domains that include Healthcare, Financial Services, Manufacturing, Astronomy and Smart Cities as well as variety of data types that include image, text and structured data. Some of the models are Breast Cancer Classification, Banking FAQ Intent Matching, Ball Bearing Quality Inspection, Galaxy Classification, and Parking Lot Occupancy Identification.
An example of an organization benefiting from ML is SCIEX, whose mission is to help improve the world we live in by allowing scientists and laboratory analysts to find answers to the complex analytical challenges they face. The company's global leadership and world-class service and support in capillary electrophoresis and liquid chromatography-mass spectrometry industry have made it a trusted partner to the thousands of scientists and lab analysts worldwide who are focused on basic research, drug discovery and development, food and environmental testing, forensics and clinical research.
Quote from Bryce Young, Global Manager at SCIEX
“We partnered with Persistent Systems and they delivered a data analytics solution with excellent performance and scalability,” said Bryce Young, Global Manager at SCIEX. “With their deep expertise with analytics and Machine Learning, Persistent helped SCIEX quickly prove a concept and arrive at a decision, all in support of our mission to provide life changing advancements in analytical tools.”
Quote from Sameer Dixit, GM Data and ML Practice at Persistent Systems
“With the AWS Marketplace for Machine Learning, we can take the burden off of organizations by reducing the complexity of ML model building,” said Sameer Dixit, GM Data and ML Practice at Persistent Systems. “We have combined the power of Amazon SageMaker with our unique approach of translating business problems into ML solutions using the right tool sets and experience to democratize ML in an organization making it available to virtually everyone.”
About Persistent Systems:
Persistent Systems (BSE & NSE: PERSISTENT) builds software that drives the business of our customers; serving software product companies and enterprises 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 www.persistent.com/FLCS
Media Contacts:
Saviera Barretto Isha Kulkarni Ken Montgomery Text100 Persistent Systems Persistent Systems (US) +91 84249 17719 +91 86696 70068 +1 949 939 5164 [email protected] [email protected] [email protected]