Established in 1990, Pune based, Persistent Systems (PSL) is one of the key player in the outsourced product development (OPD) services market. The company designs, develops and maintains software systems and solutions, create new applications and enhance the functionality of customers existing software products. It offers OPD services to its clients across the telecommunications (telecom), life sciences, healthcare, and infrastructure and systems verticals, through its offshore delivery centres based in India. The company customers range from numerous global software companies to early-stage companies. As of Dec.31, 2009, the company has over 37 customers that have annual revenue of more than USD 1 billion. The company is present in three continents across the globe. Along side, the company has nine development centers in Europe, America and Asia. In India, apart from having three development facilities in Pune, which is the company`s hub; the company has development centers in Nagpur, Goa and Hyderabad.
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