{"id":835105,"date":"2024-07-20T10:31:48","date_gmt":"2024-07-20T05:01:48","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=835105"},"modified":"2024-07-20T10:31:48","modified_gmt":"2024-07-20T05:01:48","slug":"large-it-firms-fatigue-on-deal-wins-helping-persistent-ceo-sandeep-kalra","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/20\/large-it-firms-fatigue-on-deal-wins-helping-persistent-ceo-sandeep-kalra\/","title":{"rendered":"Large IT firms\u2019 fatigue on deal wins helping Persistent: CEO Sandeep Kalra"},"content":{"rendered":"<p>Mid-tier IT firm Persistent Systems&#8217; top executive continues to see higher deal wins compared to its bigger outsourcing peers. This is helping the Pune-based IT firm in grabbing a higher market share. The company has grown it\u2019s revenues by 268% since 2020.<\/p>\n<p>In an interaction with ET, Sandeep Kalra, chief executive officer and executive director, Persistent said, \u201cPersistent, at $1.2 billion, is competing with bigger vendors, whether they are from India or from outside and winning market share. Obviously, when you&#8217;re doing vendor consolidation, you are optimising by moving work from onset to offshore, there&#8217;s transition involved in other things involved. So, there&#8217;s a cost involved.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mid-tier IT firm Persistent Systems&#8217; top executive continues to see higher deal wins compared to its bigger outsourcing peers. This is helping the Pune-based IT firm in grabbing a higher market share. The company has grown it\u2019s revenues by 268% since 2020. In an interaction with ET, Sandeep Kalra, chief executive officer and executive director, Persistent said, \u201cPersistent, at $1.2 billion, is competing with bigger vendors, whether they are from India or from outside and winning market share. Obviously, when you&#8217;re doing vendor consolidation, you are optimising by moving work from onset to offshore, there&#8217;s transition involved in other things [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-835105","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/835105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=835105"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/835105\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=835105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=835105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=835105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}