Contents
FY24 Performance Highlights
Our Future-Ready Global Workforce
Persistent
University
Environmental, Social and Governance
Persistent Foundation
Client Resilience and Success
FY24 Awards & Analyst Recognitions
Innovation for Resilience and Excellence
Partnering for Future-Ready Solutions
The Persistent Way
2024 Annual Report
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2025 Annual Report
Re(AI)magining™
the World
Transforming Industries,
Engineering an AI Future
Message from
THE CHAIRMAN
Dear Fellow Shareowners, It is a pleasure to share with you our 35th Annual Report for the Financial Year 2024-25. With immense gratitude, I am delighted to share that what started as an idea 35 years ago is now a Company with more than 24,500 employees and $1.4 billion in revenue. The journey continues as we march steadily towards becoming a $2 billion business.
We didn't get here alone. Not even close.
Message from
THE CEO
Dear Valued Shareholders,
I am pleased to present the Annual Report for the Financial Year 2024-25, a landmark year that celebrates 35 years of our journey as a leading technology and services company. Our robust financial performance and growth is a testament to our enduring legacy of product engineering excellence and collaborative client relationships. This achievement is a culmination of our team's dedication and our commitment to innovation, underscoring our position as a trusted partner for businesses worldwide.
Contents
FY25 Performance Highlights
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FY25 Awards and Analyst Recognitions
Enabling Our AI-Ready Workforce
Persistent University
Environmental, Social
and Governance
Persistent Foundation
Re(AI)magining Client Success
Enabling An AI Future
The Re(AI)magining Journey Continues
Partnering to Transform, Innovate, and Re(AI)magine
2025 Annual Report
Re(AI)magining™ the World
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Imagination is uniquely human and powerful. It’s the ability to turn aspirations into reality. It’s looking out on the horizon and envisioning new ways to shape the future. For global enterprises, AI is powering new waves of imaginative thinking and harnessing creativity to change, grow, and thrive within their industries. They want to reach new customers and gain competitive advantages. Most importantly, they want to work with a forward-thinking provider with a passion for AI solutions that will impact their business and contribute to the global good. At Persistent, as we move into our 35th year, we’re embracing the innate human capacity for imagination and applying AI to our clients’ most daunting business challenges by Re(AI)magining the World.
Given AI’s vast potential, enterprises realise they need trusted collaborative providers that can assist them as they chart the best course to AI success. Enterprises don’t need a provider that claims to know exactly how AI will shape the future. Instead, they want a partner that helps them reimagine what the future could be through AI’s transformative capabilities. Clients have eagerly joined us on this Re(AI)magining journey, reflected in our outstanding FY25 results and positive outcomes for investors, including $1.4 billion in annual revenue and 20 quarters of sequential growth. Our financial performance is complemented by a litany of achievements, brand recognitions, and third-party accolades that elevate Persistent to the pinnacle of the market.
Our commitment to AI is built upon our strong heritage in data systems, our unmatched prowess in software engineering and product development, our expertise in cloud modernisation, our extensive partner ecosystem, and our market-leading AI solutions and platforms.
Re(AI)magining requires teamwork and trust. Through the skill, dedication and innovation of our global workforce, we’ve collaborated with clients to unlock value, overhaul operations, and implement secure AI solutions at scale. Clients trust us to leverage our intimate knowledge of industries and domains to deliver AI solutions that are aligned to their unique needs, backed by an unwavering focus on quality and achieving success. In this extraordinary moment of AI transformation, we commit ourselves to applying our collective imagination to solve enterprises’ most critical business issues — one question, one insight, one AI breakthrough at a time — by Re(AI)magining the World.
Click here to watch our celebration video
Years
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