What is the company's financial position? How are company's revenues growing?
Persistent crossed the $100-million revenue mark during FY08 (ending in March 2008) and has kept pace with its year over year revenue growth (CAGR) of over 59 per cent for the last 5 years.
The company has delivered over 2,000 software product releases to over 170 customers in the last five years.
What are the challenges that you face now?
The market is very volatile. The businesses are not growing fast. There is an uncertainty that affects business. But our business model is strong. We will work with customers and in tune with their needs.
Image: Persistent Systems office at Hinjewadi, Pune. | Photograph, courtesy: Persistent Systems.
Also read: A completely employee-funded company!
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