SOURCE: Persistent Systems

Persistent Systems

October 15, 2012 09:16 ET

Persistent Systems Launches Business Process Automation Development and Support Services for RAGE Framework LiveBPA Customers

Partnership Leverages Persistent Systems' Technology and Implementation Expertise to Support RAGE Framework's Expanding Global Enterprise Customer Base

PUNE, INDIA and SANTA CLARA, CA--(Marketwire - Oct 15, 2012) -  Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT), the global leader in software product and technology services, today announced its partnership with Westwood, MA-based RAGE Frameworks, provider of RAGE LiveBPA™, a market leading patented platform that dramatically accelerates business process automation.

Persistent Systems will help RAGE customers automate their business processes using RAGE LiveBPA and apply its fine-tuned product engineering processes to develop best-in-class solutions for customers in technology, telecommunication, life science, healthcare, banking, and consumer products sectors across North America, Europe, and Asia. Persistent Systems will enable RAGE customers to scale and successfully implement large projects. RAGE Frameworks customers include several Fortune 100 Global Corporations as well as leading consulting firms. Persistent Systems' engineering and services experts have already engaged with the RAGE team to enhance a client specific Live BPA solution, performing development and QA for a global financial institution.

"We are excited that Persistent Systems will join the RAGE Partner Network," said Dr. Venkat Srinivasan, CEO and Founder of Rage. "Persistent's global team is made up of the industry's best and brightest software engineers and technology consultants. RAGE LiveBPA global enterprise customers now have a tremendous resource to leverage as they look to fully exploit the power of RAGE LiveBPA across multiple platforms."

"By partnering with RAGE Frameworks we are able to leverage the unique strengths of each company," said Hari Hanan, President, Persistent Systems Inc. "LiveBPA is a uniquely powerful solution that enables companies to reduce their application development to a pure modeling exercise. Persistent Systems experts will help global enterprises utilize LiveBPA to solve mission critical business transformation challenges, and expand and effectively support their use of LiveBPA."

About RAGE Frameworks, Inc.
RAGE Frameworks, Inc. provides Business Process Automation and Semantic Intelligence solutions and products to global enterprises. The company has had considerable success deploying its LiveBPA™ solutions for mission critical business problems in global financial institutions and other enterprises. Located in Westwood, MA the team at RAGE has had a long history of innovation and entrepreneurial success for over 15 years. To learn more about RAGE, visit www.rageframeworks.com.

About Persistent Systems:
Established in 1990, Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT) is a global company specializing in software product and technology services. For more than two decades, Persistent has been an innovation partner for the world's largest technology brands, leading enterprises and pioneering start-ups. With a global team of more than 6,000 employees, Persistent has 300 customers spread across North America, Europe, and Asia. Today, Persistent focuses on developing best-in-class solutions in four key next-generation technology areas: Cloud Computing, Mobility, Analytics and Collaboration, for telecommunications, life sciences, consumer packaged goods, banking & financial services and healthcare verticals. For more information, please visit: http://www.persistentsys.com.

Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit:
www.persistentsys.com/Portals/0/forward_looking_cautionary_statement.shtml

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Contact Information

  • Media Contacts:
    Rashmi Joshi
    Persistent Systems Ltd.
    Tel: 91 83083 39400
    Email: Email Contact

    Ilona Mohacsi
    PenVine for Persistent Systems Ltd.
    Tel: +1 631 764 3729
    Email: Email Contact