Persistent Systems, a global Digital Engineering and Enterprise Modernization leader, has been honored with the ‘Growth Honor of the Year’ at the 2025 Everest Group Elevate Honors. This recognition underscores the company’s remarkable revenue growth trajectory and performance within its industry segment.
The award specifically acknowledges Persistent’s outstanding organic revenue growth among global service providers, positioning it as a market leader in delivering consistent financial results. With 21 consecutive quarters of revenue growth, the company reported $1,470.7 million in revenue for the trailing twelve months as of Q1 FY26, showcasing a significant compound annual growth rate since its IPO in 2010.
Being listed on the National Stock Exchange of India and the Bombay Stock Exchange, Persistent has demonstrated exceptional shareholder value creation with a five-year return of 1,805.2%. This recognition reflects the company’s client-centric approach, technological innovation, and strategic partnerships that have fueled its growth amidst dynamic market conditions.
At the core of Persistent’s success lies its commitment to leveraging emerging technologies such as AI and platform-driven services like SASVA™, iAURA, and GenAI Hub. By focusing on delivering tangible outcomes and building a robust partner ecosystem, the company has earned the trust of stakeholders and investors alike.
The Growth Honor of the Year award was presented at the Everest Group Elevate – Dallas 2025 event, a platform dedicated to driving enterprise growth and innovation. Sandeep Kalra, the CEO of Persistent Systems, expressed gratitude for the recognition, attributing the company’s success to its dedicated team, client relationships, and continuous pursuit of excellence.
Everest Group Partner, Ronak Doshi, highlighted the rigorous selection process for the Elevate Honors, emphasizing data-driven analysis and performance excellence. Persistent’s recognition in the Growth Honor category further underscores its position as a high-performing organization within the $1–5 billion annual revenue bracket.
With a global workforce of over 25,000 employees across 18 countries, Persistent Systems remains committed to driving digital transformation and client success through a comprehensive suite of services. As the company aims to achieve a $5 billion valuation by FY31, its focus on innovation, sustainability, and stakeholder value creation continues to set new industry benchmarks.
Through its strategic vision, relentless innovation, and unwavering commitment to excellence, Persistent Systems exemplifies the qualities of a forward-thinking industry leader, poised for continued growth and success in the evolving digital landscape.
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