Core Insights - DigitalOcean has announced a multi-year strategic partnership with Persistent Systems to enhance the affordability, scalability, and security of AI for Digital Native Enterprises and developers globally [1][3] - Persistent has chosen DigitalOcean as the exclusive cloud and AI infrastructure provider for its AI-powered platform SASVA, which integrates various workflows and roles [2][5] Partnership Details - The collaboration aims to accelerate AI adoption by addressing challenges such as rising GPU costs, fragmented development ecosystems, and security concerns [3] - Persistent and DigitalOcean's partnership will focus on providing secure, cost-effective AI solutions that are enterprise-ready, with a commitment to SASVA and inference workloads on DigitalOcean's Gradient AI Agentic Cloud [3][4] Cost Efficiency and Performance - The partnership is expected to reduce AI infrastructure and operational costs by over 50%, facilitating faster adoption and predictable scaling of AI across industries [4] - Persistent will utilize its engineering expertise alongside SASVA to enhance DigitalOcean's AI capabilities, performance, and efficiency [4][5] Strategic Importance - The partnership highlights the trend of technology services companies selecting DigitalOcean for next-generation AI workloads, emphasizing performance, transparency, and predictable economics [5] - DigitalOcean's CEO stated that the partnership expands the capabilities of their agentic cloud to more enterprise use cases, integrating AI foundations with SASVA's engineering [6]

Core Insights - DigitalOcean has announced a multi-year strategic partnership with Persistent Systems to enhance the affordability, scalability, and security of AI for Digital Native Enterprises and developers globally [1][3] - Persistent has chosen DigitalOcean as the exclusive cloud and AI infrastructure provider for its AI-powered platform SASVA, which integrates various workflows and roles [2][5] Partnership Details - The collaboration aims to accelerate AI adoption by addressing challenges such as rising GPU costs, fragmented development ecosystems, and security concerns [3] - Persistent and DigitalOcean's partnership will focus on providing secure, cost-effective AI solutions that are enterprise-ready, with a commitment to SASVA and inference workloads on DigitalOcean's Gradient AI Agentic Cloud [3][4] Cost Efficiency and Scalability - The partnership is expected to reduce AI infrastructure and operational costs by over 50%, facilitating faster adoption and predictable scaling of AI across industries [4] - Persistent will utilize its engineering expertise alongside SASVA to enhance DigitalOcean's AI offerings, improving the performance and efficiency of its cloud platform for AI workloads [4][5] Strategic Importance - The partnership highlights the trend of technology service companies selecting DigitalOcean for next-generation AI workloads, emphasizing performance, transparency, and predictable economics [5] - DigitalOcean's CEO stated that the partnership expands the capabilities of their agentic cloud to more enterprise use cases, integrating AI solutions at scale [6]

Core Insights - Persistent Systems and DigitalOcean have formed a strategic partnership to enhance AI accessibility, scalability, and security for enterprises and developers globally [1][3] - The collaboration aims to address challenges in AI adoption, such as rising costs and security concerns, by leveraging Persistent's engineering expertise and DigitalOcean's cloud infrastructure [3][4] Group 1: Partnership Overview - Persistent has chosen DigitalOcean as its cloud and AI infrastructure provider for its AI-powered platform, SASVA, which integrates various workflows and roles [2][3] - The partnership will utilize DigitalOcean's Gradient AI Agentic Cloud for reliable and cost-efficient AI workloads and customer deployments [2][4] Group 2: Cost Efficiency and Scalability - The collaboration is expected to reduce AI infrastructure and operational costs by over 50%, facilitating faster adoption and predictable scaling of AI across industries [4][5] - DigitalOcean's agentic cloud will provide a managed environment that allows seamless scaling as AI technologies evolve, while also reducing maintenance costs [5][6] Group 3: Leadership Perspectives - The CEO of Persistent emphasizes the importance of scaling AI with speed and measurable impact, highlighting the partnership's role in operationalizing AI confidently [6] - The CEO of DigitalOcean notes that the partnership will expand AI capabilities for enterprise use cases by integrating their AI foundation with SASVA's engineering [7] Group 4: Company Background - Persistent Systems is a global services and solutions company focused on AI-led digital engineering and enterprise modernization, with over 26,000 employees in 18 countries [8] - The company has achieved significant recognition, including being part of key stock indices and achieving carbon neutrality, reflecting its commitment to sustainability [8]

Core Insights - Persistent Systems has been recognized as a 2025 Elevate Honors recipient in the 'Growth Honor of the Year' category by Everest Group, highlighting its strong growth trajectory and commitment to long-term value creation [1][2][6] Financial Performance - The company reported $1,470.7 million in trailing twelve-month (TTM) revenue as of Q1 FY26, achieving a 25.6% compound annual growth rate (CAGR) over four years (FY21–FY25) and a 17.4% CAGR since its IPO in 2010 [2] - Persistent has delivered 21 consecutive quarters of revenue growth, showcasing sustained momentum [2] - The company has achieved a five-year shareholder return of 1,805.2%, indicating exceptional value creation for investors [2] Growth Strategy - Persistent's growth is driven by a client-centric approach, deep market understanding, and the ability to leverage emerging technologies [3] - The company has implemented an AI-led, platform-driven services strategy, with offerings such as SASVA™, iAURA, and GenAI Hub [3] - A strong partner ecosystem and a world-class global talent base further reinforce Persistent's growth [3] Recognition and Future Aspirations - The Elevate Honors recognition was announced at the Everest Group Elevate event in Dallas, focusing on enterprise growth and customer impact [4] - The CEO of Persistent expressed gratitude for the recognition, emphasizing the company's disciplined execution and innovation mindset, with aspirations to become a $5 billion company by FY31 [5] Company Overview - Persistent Systems is a global services and solutions company specializing in AI-led, platform-driven Digital Engineering and Enterprise Modernization [7] - The company employs over 25,000 individuals across 18 countries and offers a comprehensive suite of services, including software engineering, product development, data analytics, cloud computing, and intelligent automation [7] - Persistent is part of key indices such as the MSCI India Index and has achieved carbon neutrality, reflecting its commitment to sustainability [7][8]