Persistent listed as world’s 9th most innovative company

Persistent Systems Ltd (the company for which I work for) got listed in Dataquest Top 200 IT companies in India & by Fast Company magazine readers (US) as one amongst the 50 innovative companies in the world as ranked by readers!

DATAQUESTPersistent got ranked 91st in the Dataquest Annual that covers the Dataquest Top 200 IT companies in India. Excerpts of the award: “For a company whose 92% revenue came from the sluggish North American market; managing to grow overall revenues by some 34% is an achievement itself. The growth is testament to the fact that Persistent’s OPD business seems to be working well. Even internally, the company’s efficiency drive seems to be paying off well, as its net profit soared by some 50%….”FAST COMPANY

Persistent also got listed as the 9th most innovative company in the world and readers favorites by Fast Company magazine readers. Fast Company was looking for companies using ‘business as a force of positive change’ and helping its customers.

Excerpts of the award details are mentioned on this link:

http://www.fastcompany.com/fast-50-2008-application/fast-50-2008-application-88

Fast 50 Reader Favorites Innovative Companies ranking:

http://www.fastcompany.com/articles/2008/07/fast-50-reader-favorites.html

About Fast Company magazine: Fast Company magazine illuminates the evolution of business through a unique focus on the most creative individuals in the marketplace. By uncovering best and “next” practices, the magazine helps a new breed of leader work smarter and more effectively.  With a total paid circulation of 750,000, the award-winning business magazine is read by some of the most innovative and successful executives in industries across the globe.

About Dataquest Top 200: CyberMedia group’s flagship publication Dataquest’s “Top 200” annual survey and report tracks IT industry’s performance for each fiscal year (the Indian fiscal year is April to March). This list is probably the only such ranking available on the Indian IT industry which reflects the “services exports” phenomenon driving Indian IT. The annual report covers the different aspects of Indian IT Industry, from tracking the hardware, software and services, etc. (unofficially the 4 volumes of Dataquest are referred as the Bible of Indian IT).

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