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Tag: Sandeep Kalra

news

Persistent Honored in 2024 Asia Executive Team Survey

Jul 11, 2024 by Mansi 0 Comments #Asia Pacific, #Sandeep Kalra, #Team Survey

July 11, 2024

Santa Clara, CA and Pune, India

News Summary

Persistent Systems has been recognized for its robust governance practices and strong executive leadership by the highly regarded portfolio managers and analysts in the prestigious “2024 Asia (ex-Japan) Executive Team” survey.

The Company has received the top three rankings across multiple categories – Asia Pacific ex-Japan, Rest of Asia, and Small & Midcap for the Technology, IT Services, and Software industry. Prominent rankings by sell-side analysts in the Small & Midcap category below:

  • Sandeep Kalra, Chief Executive Officer at Persistent; Sunil Sapre, Former Chief Financial Officer at Persistent; and the Company’s Investor Relations Program ranked first.
  • Saurabh Dwivedi, Head of Corporate Development and Investor Relations at Persistent, ranked second.

The detailed rankings across all categories:

Categories Rankings from sell-side analysts
Best CEO – Sandeep Kalra Best CFO – Sunil Sapre* Best Investor Relations Professionals – Saurabh Dwivedi Best Investor Relations  

Best Investor Relations Team
Small & Midcap 1st 1st 2nd 1st 2nd
Rest of Asia 2nd 2nd – 3rd 2nd
Asia Pacific ex-Japan 2nd 3rd – –  

3rd

The Executive Team surveys conducted by Institutional Investor Research are an independent platform for investment and sell-side professionals to evaluate the credibility, communication, financial stewardship, capital allocation of corporate leadership, and Investor Relations effectiveness across multiple activities. Institutional Investor Research, renowned for its insights into the investment community, conducted a survey involving over 5,500 portfolio managers and analysts to determine the winners of its 2024 Asia (ex-Japan) Executive Team.

The multiple rankings across different categories underscore Persistent’s proactive engagement with investors, accessibility of senior executives, responsiveness to investor queries, and quality of disclosures, highlighting the Company’s dedication to transparent and effective investor communication. Persistent was among the top companies in Institutional Investor’s 2022 Asia Executive Team Awards and was recognized in the Asia Executive Team – Small and Mid-Cap rankings.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent

“We are truly honored by the recognition from Institutional Investor and extend our sincere gratitude to the investors whose ratings have contributed to this acknowledgment. This accolade reflects our unwavering commitment to excellence, fueled by our team’s relentless dedication and transparent communication which has propelled us to industry-leading performance. The rankings from the investor community bolster our credibility and reinforce our standing within the industry. We remain dedicated to transparent engagement with the analyst community, ensuring clear and timely communication of our goals and achievements, all upheld by the highest standards of governance.”

news

Persistent Acquires Starfish Associates, Boosting AI Contact Center and Unified Communications

Jul 3, 2024 by Sujata 0 Comments #David Raanan, #Phil Fersht, #Robert Hankin, #Sandeep Kalra, #Starfish Associates, #Unified Communications

July 3, 2024
Pune, India
News Summary
Persistent Systems , a global pioneer in Digital Engineering and Enterprise Modernization, today announced the intent to acquire New Jersey-based Starfish Associates. This strategic acquisition builds on Persistent’s existing engineering capabilities in the Contact Center and Unified Communications space, expanding its strong AI-driven business transformation capabilities and expertise in driving operational excellence. Known for its cutting- edge Enterprise Communications automation platform, Starfish Associates caters to the world’s largest enterprises including many Fortune 500 companies.

 Starfish Associates’ automation platform excels as an intelligent integration hub and workflow engine, facilitating seamless connections across a myriad of business applications and communication systems. It enhances multi-vendor communication management through automation with platforms such as Amazon Connect, Avaya, Cisco, Genesys, and Microsoft Teams. In addition, it integrates with key business applications like ServiceNow, Workday, and Microsoft Active Directory to streamline workflows and operations.

 This acquisition brings together Starfish Associates’ innovative platform with Persistent’s leading AI-powered automation capabilities and a strong customer base, enabling significant optimizations, enhanced efficiencies for workflows, and agile responses to dynamic business environments.

 Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent: “Our journey of industry-leading growth continues, fueled by strategic expansion and a deep understanding of our clients’ needs. The integration of Starfish Associates’ platform greatly © 2024 Persistent Systems Ltd. All rights reserved. 2 enhances our unified communications and contact center management offerings as this industry undergoes significant disruption on the back of AI-led innovations. This acquisition paves the way for us to support our global clients to unlock the full potential of these innovations in their contact centers. We are excited to welcome Starfish Associates to the Persistent team and anticipate great success in scaling our operations with Robert, David, and their team.”

 Robert Hankin, Co-Founder and Partner, Starfish Associates: “Since our inception, Starfish Associates has been dedicated to enhancing enterprise management of unified communications and contact centers, always aiming to elevate customer and employee experiences. Joining forces with Persistent presents a new chapter for us, on one hand augmenting our capabilities in integration, automation, and AI-driven contact center transformation, and on the other hand, giving us access to Persistent’s strong customer base.”

 David Raanan, Co-Founder and Partner, Starfish Associates: “Persistent brings unmatched expertise in Digital Engineering and AI automation. Our platforms and solutions align perfectly with Persistent’s strategic objectives, creating robust synergies to propel competitive advantages and streamline operations for enterprises globally.”

 Phil Fersht, CEO and Chief Analyst, HFS Research: “With the acquisition of Starfish Associates, Persistent is positioned to disrupt the Unified Communications and Contact Center markets. The firm’s industry-leading growth and distinct culture make this an exciting proposition to watch as the need for AI-enabled transformation from enterprises demands trusted providers with multi-platform experience in UC and Contact Centers to drive both enhanced customer experiences and operational efficiencies. The synergies between Persistent and Starfish Associates bring immediate benefits to Persistent’s clients and position the firm aggressively in the customer experience market, further highlighting its broad-based AI capabilities.”

technology

Persistent Enters into Strategic Partnership Agreement to Drive Innovative Solutions Powered by Google Cloud

Jun 11, 2024 by Gayathri Pariti 0 Comments #AI, #Digital Engineering and Enterprise Modernization leader, #Drive Innovative Solutions, #Google Cloud, #Hi-Tech industries, #Kevin Ichhpurani, #Partnership Agreement, #Persistent Enters, #Sandeep Kalra

 11th June 2024 – Persistent Systems  a global Digital Engineering and Enterprise Modernization leader, announced a long-term Strategic Partnership Agreement with Google Cloud for expanded reach across the US, India, UK, and Australia. This agreement focuses on driving joint go-to-market activities and accelerating digital transformation for enterprises globally. Using Google Cloud’s Gemini models, along with other innovative Google technologies, the Company will develop industry-specific solutions to drive broad-based GenAI adoption. The agreement will enable Google Cloud and Persistent to deliver market-leading solutions that help enterprises maximize the ROI from their cloud investments while modernizing their infrastructure and data stack.

Under this strategic agreement, Persistent will leverage its deep domain expertise, combined with Google Cloud’s advanced platforms and AI, to create innovative solutions tailored for the BFSI, Healthcare and Life Sciences, Communications, Media and Telecom, Consumer Tech, and Hi-Tech industries. It will accelerate the adoption of emerging AI-driven technologies and create unique value propositions for clients as they receive early access to the new offerings. The collaboration will also lead to rapid deployment of services and comprehensive support to clients, enhancing overall customer satisfaction. Furthermore, Persistent will have access to additional resources from Google Cloud to build new solutions, leading to faster time-to-market.

Persistent has made significant investments in its go-to-market initiatives and talent reskilling program to strengthen the partnership with Google Cloud. The Company has invested significantly across seven Specializations, most recently acquiring Data & Analytics and Machine Learning Specializations, 52 expertise designations, and over 87% of Persistent’s engineers are trained on GenAI technologies. As a highly specialized Global Solutions Systems Integrator (SSI) partner, Persistent showcases a strong track record of its capabilities and expertise in integrating and implementing Google Cloud solutions.

With this expanded partnership, Persistent and Google Cloud will continue to help joint clients capitalize on the power of cloud for improved scalability and innovation.

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent:
“As a client-centric organization, we remain committed to delivering client value through access to the unique capabilities and solutions of our curated partner ecosystem. Our new Google Cloud Strategic Partnership Agreement, combined with our industry-leading cloud practice and Google Cloud’s pioneering technologies, positions us to set new benchmarks for what can be achieved through cloud, data and analytics, and AI. Together, we will continue to deliver unparalleled value to our clients by offering the scale, efficiency, and enhanced security necessary to help our clients create differentiation and growth.”

Kevin Ichhpurani, Corporate Vice President, Global Ecosystem and Channels, Google Cloud:
“Global organizations today are digitally transforming with Google Cloud’s trusted infrastructure, services, and generative AI. This new Strategic Partnership Agreement will help these organizations accelerate their cloud- and AI-driven transformations with leading technology from Google Cloud and thousands of specialized and certified experts from Persistent. We’re excited to work with Persistent to bring even more cloud and AI services and solutions to enterprises.”