Persistent recognized as a Star Performer in Everest Group Software Product Engineering Services PEAK Matrix® Assessment 2021

Persistent Systems has been named ‘a Star Performer and a Major Contender’ in the Everest Group Software Product Engineering Services Peak Matrix^® Assessment 2021 among 31 leading engineering service providers evaluated.

Persistent is a trusted software engineering partner able to drive co-innovation focused on new product development for today’s leading software brands. Our software product engineering services reach across every stage of the software product life cycle to help accelerate software development and software modernization initiatives to transform your digital product experiences.

Persistent stood out for:

• Strong focus on building credibility and enhancing market position, backed by consistent investments in acquisitions, labs, and centers of excellence.
• A strengthened portfolio of IP assets and solutions.
• Market-recognized flexibility and willingness to embrace emerging commercial models.
• High quality talent, investments in skill building initiatives, and a low employee turnover rate delivering high productivity.
• Proactive demonstration of future-oriented use cases and independently executed proofs of concept to demonstrate capabilities and generate greater value for customers.

Background of Everest Group’s Research

The Software Product Engineering Services PEAK Matrix® Assessment 2021 focuses on software product engineering services and offers insights into prominent service providers operating in this space.

Everest Group confers the Star Performer title on providers that demonstrate the most improvement YOY on the PEAK Matrix® in terms of the following aspects:

• The maximum number of top-quartile performance improvements across all the above parameters
• At least one area of top-quartile improvement performance in both market success and capability advancement

For the ‘Major Contenders’, a service provider must show the following characteristics:

• Major Contenders comprise both IT-heritage firms as well as pure-play engineering service providers
• These players are actively enhancing expertise in cloud engineering, AWL, data & analytics, and agile & DevSecOps through talent enhancement initiatives to develop differentiated offerings and compete with Leaders
• They are also focusing on expanding their delivery presence and leveraging partnerships with hyperscalers, technology firms, and academia to strengthen their presence in software product engineering services