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Persistent Systems Limited — Regulatory Filings 2018
Oct 22, 2018
60826_rns_2018-10-22_8c71198d-f167-4fd5-a0da-75e9a4e28d90.pdf
Regulatory Filings
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PERSISTENT
NSE & SSE/ 2018-19 / 69
October 22, 2018
The Manager, Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Sandra Kurla Complex, Sandra (E), Mumbai 400051
The Manager, Corporate Services, SSE Limited 14[th ] Floor, P J Towers, Dalal Street, Mumbai 400001
Ref: Symbol: PERSISTENT
Ref: Scrip Code: 533179
Dear Sir/ Madam,
Sub: Press Release with a title - "Persistent Systems Recognized as Global Partner by ·outSystems - Companies Strengthen Strategic Alliance to Accelerate Digital Transformation with Low-Code"
We wish to inform you that the Company has made a press release dated October 22, 2018 titled "Persistent Systems Recognized as Global Partner by OutSystems - Companies Strengthen Strategic Alliance to Accelerate Digital Transformation with Low-Code".
The copy of the Press Release is enclosed for your records.
Please acknowledge the receipt.
Thanking you,
Yours faithfully,
For Persis nt Systems Limited
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Encl: As above
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 Recognized as Global Partner by OutSystems – Companies Strengthen Strategic Alliance to Accelerate Digital Transformation with Low-Code
Boston and Santa Clara, Calif. and Pune, India October 22, 2018
News
OutSystems, provider of the number one platform for low-code rapid application development has recognized Persistent Systems as a Global Partner, its highest partnership level. Persistent, a global leader in software and technology development, and OutSystems have strengthened their strategic alliance to make it easier for customers to launch products and service lines, transform customer experience, and automate business processes. With this strategic partnership, organizations can better harness the benefits of digital transformation to become faster, more efficient and software driven.
The OutSystems and Persistent’s collaborative relationship began over a year ago, developing various solutions for firms in financial services, healthcare, and agriculture. The companies are integrating efforts in sales, alliances, solution architecture, professional services, and vertical solutions. Initial markets and industries of focus for the partnership include customers in the healthcare, financial services, insurance, government, and education verticals. Persistent recently developed a robot leveraging AI and blockchain, all powered by the OutSystems award-winning low-code platform.
“Traditional software development is crippling innovation around the world,” said Bob Wilson, VP WW Channel Sales and Alliances at OutSystems. “The power of low-code combines speed and agility to take customers to the next level. Instead of it taking months and years, working with Persistent, our customers are able to go to market within days and weeks leveraging Software 4.0. This partnership is transforming organizations to be more software-driven.”
“In today’s world, business requirements change fast and users expect an immediate impact,” said Sudhir Kulkarni, President at Persistent Systems. “Organizations cannot wait for months and years to solve competitive problems. This alliance with OutSystems helps us to deliver solutions to the market at unprecedented speed and in an agile manner helping enterprises to work at the speed and scale that a full digital transformation requires."
More Information
Watch Bob Wilson discuss becoming software driven with low-code. Read about Persistent Systems capabilities with OutSystems Learn about the OutSystems mobile app for disaster recovery. For more information on the OutSystems platform for pitchbook generation, click here.
About Software 4.0 - Digital is being software-driven in business. Digital transformations are continuous by design and in method. One-time digital fixes don’t stay current for long. Softwaredriven transformations must be continuous to keep up with new and emerging technologies waves. Software 4.0 is about mastering the “How” of a software-driven business and inspires how Persistent works with customers on their digital transformation programs.
About OutSystems -- Thousands of customers worldwide trust OutSystems, the number one low-code platform for rapid application development. Engineers with an obsessive attention to detail crafted every aspect of the OutSystems platform to help organizations build enterprise-grade apps and transform their business faster. OutSystems is the only solution that combines the power of low-code development with advanced mobile capabilities, enabling visual development of entire applications that easily integrate with existing systems. Visit us at www.outsystems.com, or follow us on Twitter @OutSystems or LinkedIn at https://www.linkedin.com/company/outsystems.
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
Persistent Media Contacts:
Ken Montgomery
Saviera Barretto
Isha Kulkarni
Persistent Systems (US) Text100 Persistent Systems +1 949 939 5164 +91 84249 17719 +91 86696 70068 [email protected] [email protected] [email protected]
OutSystems Media Contacts:
Ann Conrad
Katelyn Campbell
OutSystems (US) For OutSystems +1 404 994 2614 +1 617 502 4300 [email protected] [email protected]