Persistent Systems Launches PersisTrends 2013 Technology Trends

Persistent Systems Launches PersisTrends 2013 Technology Trends and
Report Outlines Key Cloud Computing, Mobility, Analytics and
Collaboration Technologies for Enterprises and ISVs 
PUNE, INDIA and SANTA CLARA, CA -- (Marketwire) -- 01/02/13 -- 
Persistent Systems (BOMBAY: PERSISTENT) (NSE: PERSISTENT), the global
leader in software product and technology services, today unveiled
PersisTrends, a new report on 2013 technology trends and
recommendations from the Company's CTO Office. PersisTrends provides
guidance for enterprises and ISVs on the cloud computing, mobility,
analytics and collaboration technologies that should be adopted,
sunsetted, trialed or tested with an eye to future implementation.
The report is based on external data and input from Persistent
Systems' global customers that include 300 of the world's largest
technology companies, cutting-edge start-ups and innovative
enterprises. PersisTrends helps organizations understand the impact
both emerging technologies and dated technologies can have on their
ability to effectively compete in their respective markets.  
"2013 marks a turning point as certain key technologies in cloud
computing, mobility, analytics and collaboration have emerged to form
the backbone of next-generation products and enterprise
applications," said Dr. R Venkateswaran, CTO of Persistent Systems.
"Our PersisTrends report makes concrete recommendations to both ISVs
and enterprises on the technologies within these four core areas they
should evaluate for adoption and future use -- as well as those they
should retire over the next six-twelve months." 
PersisTrends Highlights: 

--  The global cloud computing market will grow from a $40.7 billion in
    2011 to $241 billion in 2020 according to a recent Forrester research
    report. True to this trend, over the past year, we have seen more than
    a 30% increase in Cloud based projects.
--  Persistent has seen a significant growth in Mobility related projects
    in the past year, with a majority of customers looking for some mobile
    footprint for their software products, be it on smartphones or
    tablets. In 2011, 73 million tablets were sold worldwide and in 2012
    the figure is expected to reach 117 million. In 2012, at least 20% of
    Persistent projects had a mobility element covering Android and/oriOS
    platforms while embracing new technologies like HTML5.
--  In 2012, Big Data has been the most talked about trend in analytics
    but adoption is still in the early stages. Persistent expects there
    will be increasing momentum around larger and more significant big
    data implementations in the coming year, specifically centered around
    Cloud, Social Media and Mobility.
--  Interest in developing niche social networks, given the success of the
    generic social networks such as Facebook and Twitter is on the rise.
    Persistent has seen interest in building social networks for
    philanthropic initiatives, non-governmental organizations and special
    interest groups. More than 26% of Persistent's client projects this
    past year included plans to implement social collaboration features
    into their products. Automated Digital Curation, Gamification,
    Augmented Reality and Customer Engagement via Social Media, are all
    technologies of growing importance.

To download a copy of the complete report please visit: 
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:  
Forward-looking and Cautionary Statements: For risks and
uncertainties relating to forward-looking statements, please visit: 
Media Contacts: 
Rashmi Joshi 
Persistent Systems Ltd. 
Tel: 91 83083 39400 
Ilona Mohacsi
PenVine for Persistent Systems Ltd. 
Tel: +1 631 764 3729
Nikhil Arora
Text100 Public Relations
Tel: +91 98921 58923 
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