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Persistent Systems Ltd.
Established in 1990, Persistent Systems (BSE & NSE: PERSISTENT) is a global company specializing in software product and technology services. For more than two decades, Persistent has been an innovation partner for the world’s largest technology brands, leading enterprises and pioneering startups. With a global team of more than 6,500 employees, Persistent has 300 customers spread across North America, Europe, and Asia. Currently, Persistent focuses on developing best-in-class solutions in four key next-generation technology areas: Cloud Computing, Mobility, Analytics and Collaboration, for telecommunications, life sciences, consumer packaged goods, banking & financial services and healthcare verticals. For more information, please visit: www.persistentsys.com.
Persistent LABS
Persistent LABS is the R&D group of Persistent which focuses on R&D activities and academic and research collaborations.
The Department of Scientific and Industrial Research (DSIR), a part of the Ministry of Science and Technology has a mandate to carry out the activities relating to indigenous technology promotion, development, utilization and transfer. It also oversees the Council of Scientific and Industrial Research (CSIR), India's largest research and development organization. DSIR is the nodal department for granting recognition to in-house R&D units in Industry.
On 31st March 2011, DSIR granted its recognition of Persistent LABS as in-house R&D unit of Persistent Systems. This was based on our past R&D activities and future plans. This recognition enables us to collaborate on R&D projects with prestigious national laboratories and R&D bodies. This recognition also enables us to seek certain tax concessions on the R&D expenses we incur on Persistent LABS.
© 2013 Persistent Systems Ltd.