Persistent Systems announces strategic partnership with Google Cloud

Under the strategic partnership agreement, the focus will be on driving the go-to-market activities and accelerating the digital transformation of enterprises. The company will use Google Cloud’s Gemini models and other technologies to aid in the rapid adoption of Generative AI (GenAI) by developing industry-specific solutions.

The company said the partnership will help enterprises maximise the returns on investment (ROI) on their cloud investments and also help in modernising their existing infrastructure and data stack.

Persistent Systems will leverage its domain expertise along with Google Cloud’s AI and advanced platforms to create digital innovative solutions for the banking financial services and insurance (BFSI), healthcare and life sciences, media, communications, hi-tech, and consumer tech industries.

The firm pointed out that the partnership will lead to clients receiving early access to new offerings, rapid deployment of services, and comprehensive support.

Persistent Systems also said it has invested in seven specialisations and has recently acquired data and analytics and machine learning specialisations. The company also has 52 expertise designations and 87% of its engineers have been trained in GenAI technology.

Kevin Ichhpurani, corporate vice president of global ecosystem and channels, Google Cloud said that global organisations are digitally transforming with Google Cloud’s infrastructure, services, and generative AI. “This new strategic partnership agreement will help these organisations accelerate their cloud- and AI-driven transformations with leading technology from Google Cloud and thousands of specialised and certified experts from Persistent,” he said.

Shares of Persistent Systems have risen by nearly 2% since the beginning of the year. The stock has gained over 50% in the last one year.