Persistent Systems CEO Sandeep Kalra shares insights on the company’s recent performance, including revenue growth and improved margins. He discusses the evolving demand environment, the impact of generative AI, and future strategic plans. Discover how Persistent Systems is positioning itself for continued success and innovation in the tech industry.
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date: 2024-07-29 13:50:07
duration: 00:11:55
author: UC3uJIdRFTGgLWrUziaHbzrg
Title: Persistent Systems CEO Sandeep Kalra on Growth, Order Wins, and the Future of Generative AI
Sandeep Kalra, CEO of Persistent Systems, joins the conversation to discuss the company’s 17th quarter report and future growth prospects. Kalra shares his insights on the demand environment, order wins, and the rapidly evolving landscape of generative AI.
The company reported a strong quarter, with revenue and profit growth, particularly in the Healthcare and BFSI segments. Kalra attributes this success to the company’s strategic focus on cost optimization and the adoption of innovative technologies like generative AI. He notes that the company is seeing increasing interest in AI-powered solutions, particularly in the enterprise software and private equity segments.
When asked about the future of generative AI, Kalra emphasizes its potential to transform industries and revolutionize the way businesses operate. He envisions a future where Persistent Systems plays a key role in harnessing the power of AI for technological advancements and business growth.
Kalra also discusses the company’s acquisition strategy, which includes tuck-in acquisitions and partnerships with industry leaders like Google, Microsoft, and Amazon. He highlights the need for a combination of inorganic growth through acquisitions and organic growth through IP creation and reusable components.
In summary, the transcript provides an inside look at Persistent Systems’ growth prospects, order wins, and the company’s vision for the future of generative AI. With a strong focus on AI-powered solutions and a strategic approach to growth, Persistent Systems is poised for continued success in the competitive DeFi landscape.
