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Persistent Systems Limited — Regulatory Filings 2021
Apr 22, 2021
60826_rns_2021-04-22_4171ed61-aef4-4b81-95b5-1f83bbde67dd.pdf
Regulatory Filings
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NSE & BSE / 2021-22 / 09
April 22, 2021
The Manager, Corporate Services, National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai 400 051
Ref: Symbol: PERSISTENT
The Manager, Corporate Services, Bombay Stock Exchange Limited 14[th] Floor, P J Towers, Dalal Street, Mumbai 400 001
Ref: Scrip Code: 533179
Dear Sir/Madam,
Sub: Press Release regarding “For Fifth Consecutive Quarter, Persistent Named a Top 15 Sourcing Standout for Managed Services in Q1 2021 Global ISG Index™ “Booming 15” Category’’
We wish to inform you that the Company has made a press release dated April 22, 2021, titled “For Fifth Consecutive Quarter, Persistent Named a Top 15 Sourcing Standout for Managed Services in Q1 2021 Global ISG Index™ “Booming 15” Category”.
The copy of the Press Release is enclosed for your records.
Please acknowledge the receipt.
Thanking you,
Yours Sincerely, For Persistent Systems Limited
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Amit Atre Company Secretary ICSI Membership No.: A20507
Encl.: A/a
Persistent Systems Limited, Bhageerath, 402 Senapati Bapat Road, Pune 411 016, Maharashtra, India CIN - L72300PN1990PLCO56696
Tel: +91 (20) 670 30000 | Fax - +91 (20) 6703 0008 | E-mail - [email protected] | Website - www.persistent.com
For Fifth Consecutive Quarter, Persistent Named a Top 15 Sourcing Standout for Managed Services in Q1 2021 Global ISG Index™ “Booming 15” Category
Santa Clara, Calif., Pune, India
April 22, 2021
News summary:
Persistent Systems (BSE and NSE: Persistent) has been named a Top 15 Sourcing Standout for Managed Services for the fifth consecutive quarter by leading global technology research and advisory firm Information Services Group (ISG) in its Q1 2021 Global ISG Index™. ISG’s Booming 15 subcategory covers service providers with under US $1 billion in global revenue.
The ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. Placement on the ISG Sourcing Standout list is based on the annual value of commercial contracts awarded in the past 12 months. Each Top 15 category is comprised of providers that compete in the traditional outsourcing market and in the as-a-service market.
Paul Reynolds, Chief Research Officer, ISG
“The global demand for technology and business services has accelerated the need for businesses to urgently scale-up with cloud-based platforms and newer technologies. Persistent continues to meet this opportunity head on with a clear vision of the technology road-map, consistently delivering high-value services and rapidly building new capabilities.”
Nitha Puthran, SVP - Cloud, Infrastructure & Security; Persistent Systems
“Persistent helps clients focus on their core capabilities by delivering improved productivity and business continuity. This recognition by ISG demonstrates our commitment to delivering high-value managed services to our clients, allowing them the freedom to run their business confidently. Recognition by ISG for the fifth consecutive quarter is proof that managed services allow businesses to respond to a fastchanging business environment.”
About the ISG Index™
The ISG Index™ is recognized as the authoritative source for marketplace intelligence on the global technology and business services industry. For 74 consecutive quarters, it has detailed the latest industry
© 2021 Persistent Systems Ltd. All rights reserved.
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data and trends for financial analysts, enterprise buyers, software and service providers, law firms, universities and the media. In 2016, the ISG Index was expanded to include coverage of the fast-growing as-a-service market, measuring the significant impact cloud-based services are having on digital business transformation. ISG also provides ongoing analysis of automation and other digital technologies in its quarterly ISG Index presentations.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.
With 14,000+ employees around the world, Persistent Systems (BSE & NSE: PERSISTENT) is a global solutions leader delivering digital business acceleration, enterprise modernization and next-generation product engineering.
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/FLCS
Media Contacts
Emma Handler Saviera Barretto Persistent Systems (Global) Archetype +1 617 633 1635 +91 84249 17719 [email protected] [email protected]
© 2021 Persistent Systems Ltd. All rights reserved.
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