Anand Deshpande

Programming life instead of programming computers is going to be the future, and there are a lot of exciting things happening in that area, Deshpade says.

Persistent President Services Mritunjay Singh quits

The company has accepted his resignation and November 24, 2017 will be his last day with the company, Persistent Systems said in a statement.

See significant growth in digital next quarter: Persistent

Persistent Systems came out with Q3FY17 results which met street expectations. In an interview to CNBC-TV18 Anand Deshpande, Founder, MD & CEO of the company said margins grew better than topline for the quarter ended December.

Persistent Systems to cut campus hiring to one-fourth in FY18

Deshpande explained that campus offers are made nearly a year in advance, before the student passes his course and is ready to join the company. But many-a-time, business environments make companies defer the joining dates.

Expect second half of FY17 to be positive: Persistent Systems

In an interview to CNBC-TV18, Anand Deshpande, Founder, MD & CEO of Persistent Systems said that intellectual property (IP) business is traditionally weak in Q2.

HSBC Making It Big: Here's how Persistent Systems made it big

In this episode of HSBC Making It Big Season 7, CNBC-TV18‘s AB Ravi spoke to Anand Deshpande, CMD at Persistent Systems and Sandeep Uppal, MD and Head, Commercial Banking at HSBC India where they spoke about how Persistent Systems has emerged as the fastest growing mid-sized IT company.

Optimistic on demand outlook in FY17: Persistent Systems

Persistent Systems reported a 3.6 percent rise in rupee revenue to Rs 701.8 crore while its profit after tax fell 9.3 percent to Rs 73.2 crore. However, the company‘s margins contracted by 80 basis points to 15.1 percent in the first quarter.

Persistent eyes $1 bn revenue mark, to focus on acquisitions

The Pune-headquartered company had in December 2014 said it would like to achieve the USD 1 billion revenue mark in three-to-five years.

Mar quarter to be better; positive on deal pipeline: Persistent

Anand Deshpande, Founder, MD & CEO, Persistent Systems, says the third quarter saw a volume growth of 1.9 percent and a price growth of 1.1 percent.

Persistent Systems reports net profit of Rs 77.48 crore

IT firm Persistent Systems today reported a net profit of Rs 77.48 crore for the third quarter ended December 31, 2015. The company had reported a net profit of Rs 74.46 crore in the corresponding period of last fiscal, it said in a filing to BSE.

Persistent buys Citrix, says working on larger deal pipeline

Anand Deshpande, Founder, MD and CEO, Persistent Systems says the products are powered by Apache CloudStack.

Expect FY16 dollar revenue growth over 10-12%: Persistent

The contribution of acquired assets was 2.8 percent in Q2, says Anand Deshpande, chairman and managing director of Persistent Systems, adding,dollar revenue numbers will be better in the second half of the year with the acquisition of Ireland based Aepona Holdings

New clients to aid revenue growth in FY16: Persistent Sys

Anand Deshpande,CMD & CEO, Persistent Systems is optimistic on revenue growth after adding 51 new accounts in fourth quarter.

Persistent falls 5%, co may fall short of FY15 guidance

Shares of Persistent Systems fell more than 5 percent to hit a 52-week low of Rs 765 after the company disappointed with its Q4 forecast.

'Slippage in Q4 to lead to FY15 guidance miss; +ve on FY16'

Persistent Systems is expected to clock ‘muted‘ growth this quarter, a development that will likely result in the company missing its full-year dollar revenue growth target of 15 percent, founder and CMD Anand Deshpande told CNBC-TV18

Persistent bullish on growth; to hire 1,500 next fiscal

In 2014, it had made a net addition of nearly 700 employees and the total headcount currently stands at 8,296

To maintain 15% growth in FY15: Persistent Systems

Anand Deshpande, CMD & CEO, Persistent Systems credits it to company‘s early investment in SMAC i.e. Social, Mobile, Analytics and Cloud. In an interview to CNBC-TV18, he says 50 percent of its revenues are from newer technologies.

FY15 growth to be better than FY14: Persistent

Discussing the company‘s earnings details, Anand Deshpande, CMD & CEO, Persistent Systems, said the margins were under pressure due to wage hike and higher SG&A expenses.

See domestic IT growth at lower end of 9-12%: Equirus

Nasscom expects the IT sector exports to grow by 13-15 percent in FY15. The domestic IT market is expected to grow 9-12 percent.

Services biz growth of 3-4% Q-o-Q sustainable: Persistent

According to Deshpande, the company has extra levers for margins growing further and its newer offerings in services business has led to outperformance.

Confident of 15% plus $ rev growth for FY14: Persistent Sys

Anand Deshpande, CMD & CEO, Persistent Systems expects steady growth in intellectual property (IP) business going forward, which in turn will help improve margins.

Anand Deshpande: Tackling the my company/our company debate

Anand Deshpande realised he needed to make a transition from a programmer to a sales manager in order to grow Persistent

Persistent Systems Q4 net profit up 26% YoY to Rs 52 cr

Software services provider Persistent Systems' fourth quarter consolidated net profit rose 26 percent year-on-year (5 percent sequentially) to Rs 52 crore.

Will beat Nasscom's 11%-14% guidance: Persistent

Persistent Systems has announced its first-quarter earnings. CEO Anand Deshpande explains to CNBC-TV18 the various aspects of the company‘s performance in the first quarter.

Persistent Systems to beat Nasscom's forecast of 11%-14%

Pune-based Persistent Systems CEO Anand Deshpande spoke to CNBC-TV18 about the company‘s fourth-quarter results.Deshpande says that significant investments are expected in the IP-led portfolio and adds that margins were improved by increased focus on achieving a PAT higher than last year‘s.