Persistent Systems Persistent Systems is a company that provides digital engineering and enterprise modernization solutions. | IBM IBM (International Business Machines, formerly known as Computing-Tabulating-Recording) is a company that provides technology and consulting solutions. | ||
Founding Date | Founding Date 1990 | Founding Date 1911 | Founding Date 1998 |
Type | Type Public | Type Public | Type Subsidiary |
Tags | |||
Locations | Locations Palo Alto, US HQ | ||
Employees | Employees 22,2051% increase | Employees 264,300 | Employees 38,300 |
Financial | |||
Revenue (est.) | Revenue (est.) ₹147.5b (FY, 2026) | Revenue (est.) $67.5b (FY, 2025) | Revenue (est.) $13.4b (FY, 2023) |
Cost of goods | Cost of goods N/A | Cost of goods $28.2b (FY, 2025) | Cost of goods $2.5b (FY, 2023) |
Gross profit | Gross profit ₹149.3b (FY, 2026) | Gross profit $39.3b (FY, 2025) | Gross profit $10.9b (FY, 2023) |
Net income | Net income ₹18.7b (FY, 2026) | Net income $10.6b (FY, 2025) | Net income $1.3b (FY, 2023) |
Operating ⚠ | |||
Countries | Countries 21 (FY, 2023) | Countries 175 (Q2, 2025) | Countries N/A |
Facility Space, sq. ft. | Facility Space, sq. ft. N/A | Facility Space, sq. ft. 41 m (FY, 2024) | Facility Space, sq. ft. 6.1 m (FY, 2023) |
Funding | |||
Total funding raised | Total funding raised $ 18.8m | Total funding raised N/A | Total funding raised $ 393.5m |
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