SOURCE: Persistent Systems

Persistent Systems

October 04, 2010 17:10 ET

Amazon Web Services and Persistent Systems Host Webinar on Leveraging Cloud Computing to Grow Business

SAN JOSE, CA--(Marketwire - October 4, 2010) -  Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT), a leader in outsourced software product development services, and Amazon Web Services (AWS) jointly present a webinar to help customers migrate to a Cloud environment.

Webinar Schedule:

  • Jeff Barr, Web Services Sr. Evangelist, Amazon Web Services
  • Shreekanth Joshi, Associate Vice President - Cloud Services, Persistent Systems

What: Webinar: "Grow into the Cloud" -- Learn how to leverage Cloud Computing to grow your business.
The impact of Cloud is already being felt. According to IDC, Cloud Computing is a $166.2 billion market and is forecasted to grow by 26% annual rate between 2010 and 2013. Traditional ISVs lost between 10-20% of their revenue in the recent recession, while software-as-a-service (SaaS) based ISVs grew by 20% in the same period. Switching to a Cloud-based infrastructure is critical for ISVs as virtually every CIO today is investigating how to leverage Cloud-based applications.

In this webinar, AWS and Persistent executives will present solutions, value proposition of migrating to cloud and will also showcase how they helped an online market research firm grow dramatically over the past two years. Persistent has combined its domain knowledge, technology expertise on Cloud computing and hands-on expertise on AWS to help develop a rich set of Cloud based tools and solutions for independent software vendors and enterprises.

When: Tuesday, 5th Oct. 2010, 1:00 PM -2:00 PM EDT

Webinar Information: To register please visit:
All attendees will receive a free copy of Persistent's latest whitepaper, Diving into the Cloud: A Business Imperative for ISVs.

About Persistent Systems:
Established in 1990, Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT) is recognized as an award-winning technology company specializing in software product development services. With 5,000+ employees, innovative business models, and reusable assets and frameworks, Persistent helps customers increase revenues and margins, and enhance brand value. Persistent Systems has delivered over 3,000 software product releases in their last five years and has 290+ customers. The Company has developed proven processes for the entire product lifecycle which reduce time-to-market while delivering consistent quality and customer satisfaction -- as evidenced by customer partnerships that span many years. For more information, please visit:

Forward-looking and Cautionary Statements:
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, our revenues highly dependent on customers located in the United States, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, concentration of major operations of the Company in one city, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. The Company may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Stock Exchanges and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company.

Contact Information

  • Media Contacts:
    Gita Rao-Prasad
    Persistent Systems, Inc.
    Tel: 408-689-2471
    Email: Email Contact