A global leader in Digital Engineering and Enterprise Modernization, Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT), has received an award from CNBC-TV18 for the 19th edition of the India Business Leader Awards (IBLA) as the 'Most Promising Company' of the year. As a result of capitalizing on the opportunities presented by this transformational technology environment while delivering sustained impact to its global clients, the Company has been able to achieve consistent growth that has been possible.
During the CNBC-TV18 award ceremony, the editorial panel and the jury, comprised of world-renowned management strategists, academicians, and business personalities, will evaluate the candidates based on their ability to create a short-term advantage, a long-term value, a competitive advantage, and the demonstration of leadership excellence in the business community as well. During this year's IBLA, the jury unanimously voted Persistent as 'Most Promising Company'.
The editorial panel of CNBC-TV18 and the jury, comprised of world-respected management strategists, academics, and corporate personalities, evaluate the candidates for the award based on their ability to create short-term advantage, long-term value, a competitive edge, and the demonstration of leadership excellence in the business community. There was unanimous agreement among the judges that Persistent should receive the award of 'Most Promising Company' at this year's International Business Leadership Awards.
As a result of its unwavering client focus, strategic technology investments, and exceptional leadership team, Persistent crossed the $1 billion annual revenue milestone earlier this year, showing the company's unwavering commitment to clients. 
Persistent has also reported 14 consecutive quarters with industry-leading sequential growth, which has translated into a 33% total shareholder return for the company over the last three years. The performance of Persistent has contributed to the company's inclusion in the MSCI India Index, S&P BSE 100 Index, and S&P BSE SENSEX Next 50 Indexes.
In his capacity as CEO and Executive Director of Persistent, Sandeep Kalra said: 
It is a great honor to be recognized by such a prestigious platform as 'Most Promising Company'. The recognition strengthens our commitment to innovation and helps us stay on top of our clients' expectations. Throughout our history, we have been successful because of our 22,800+ global team members, our clients, partners, and our shareholders. As a result of this acknowledgement, we will continue striving to set new standards in our industry and push boundaries."
What Persistent is all about
A global services and solutions company that provides Digital Engineering and Enterprise Modernization solutions to the industry, Persistent Systems (BSE & NSE: PERSISTENT) employs over 22,800 people in 21 countries worldwide. In its role as a participant in the United Nations Global Compact, Persistent is dedicated to aligning its strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as taking actions that advance society as a whole.. Persistent has seen a 268% increase in revenue since 2020, making it the fastest-growing Indian IT Services brand according to Brand Finance
Persistent has seen a 268% increase in revenue since 2020, making it the fastest-growing Indian IT Services brand according to Brand Finance
GO TO: http://persistent.com/
Statements that are forward-looking and cautionary
If you would like to learn more about the risks and uncertainties associated with forward-looking statements, please visit persistent.com/flcs.
Contact information for the media
The contact information for Aarti Somaiya Persistent Systems (Global) is   +91 93237 42377  [email protected] 
Inquiries can be sent to Emma Handler, Persistent Systems (Global) at +1 617 633 1635 [email protected]
This photo can be found at: https://mma.prnewswire.com/media/2291505/Persistent_CNBC_TV18_IBLA.jpgLogo can be found at: https://mma.prnewswire.com/media/1022385/Persistent_Systems_Logo.jpg
Persistent Systems are the source of information
Persistent Systems (BSE: PERSISTENT) and Persistent Systems (NSE: PERSISTENT), a global leader in digital engineering and enterprise modernization, today announced a new strategic alliance with G...
Persistent Systems (BSE: PERSISTENT) and Persistent Information Systems (NSE: PERSISTENT) are two of the world's leading companies in digital engineering and information technology...
Get PRN's top stories and curated news delivered to your inbox every week by subscribing today!

Source prnewswire