#Persistent Systems #AI Transformation #Estonia #Tallinn #Concise

Persistent Systems Expands Its Presence in Eastern Europe

In a strategic move to bolster its capabilities in artificial intelligence-driven platforms, Persistent Systems, a global leader in digital engineering and enterprise modernization, recently announced its expansion into Eastern Europe. This decision follows their agreement to integrate a specialized team of over 90 professionals from Concise, a Tallinn-based software engineering and IT consulting firm.

The transaction is anticipated to significantly enhance Persistent's European delivery network. It is geared towards improving their ability to help businesses scale digital infrastructure and execute integrated operations on a global scale. As companies increasingly invest in AI-based operations and modern digital infrastructures, the demand for partners who can modernize core systems and meet governance requirements is on the rise.

Strategic Delivery Centers in Estonia

Once finalized, this acquisition will extend Persistent's footprint in Eastern Europe, specifically establishing strategic delivery centers in Tallinn and Tartu, Estonia. These centers are expected to enhance expertise in product engineering focused on AI, distributed systems, and cloud-native technologies. This scope of growth is both a response to the heightened demand for integrated services and a mechanism to strengthen their service delivery model, which emphasizes nearshore solutions for clients in the region.

The advanced digital ecosystem of Estonia, coupled with its rich talent pool in cutting-edge technology, forms a robust foundation for supporting AI-centric transformation. Persistent's expansion is also aimed at deepening relationships and expertise with key clients in the enterprise mobility sector.

Kuljesh Puri, Vice President, Communications, Media, and Technology at Persistent, stated, "As companies are increasingly overhauling their core systems to support AI-based operations, the demand for partners who can modernize complex operational systems becomes critical. This expansion will solidify our position in AI-driven platform transformation while deepening our presence in Eastern Europe."

Building Upon Existing Expertise

The Concise team brings extensive experience managing large-scale digital environments across multiple sectors, including mobility, logistics, intelligent infrastructure, and payments. This integration will allow Persistent to expand their capabilities within a broader global ecosystem. Markko Abel, owner of Concise, expressed enthusiasm about joining forces with Persistent, emphasizing the growth opportunities for their engineers and the continuity it ensures for clients modernizing their platforms.

Persistent Systems, with over 27,500 employees across 21 countries, has shown a consistent commitment to innovation and client satisfaction. Their areas of focus include software engineering, product development, data analytics, cloud computing, and intelligent automation. The company is listed on the BSE and NSE and is recognized in various indices, including the MSCI India and the Dow Jones Best-in-Class index.

Commitment to Sustainability and Inclusion

The organization's growth trajectory has been impressive, showcasing a 468% increase in value since 2020. Persistent's commitment to sustainable practices has also been acknowledged, achieving carbon neutrality and being lauded as one of America's best workplaces for inclusion and diversity.

As Persistent Systems continues to expand its capabilities and presence, the integration of Concise's expertise marks a significant step in advancing AI-led solutions in Europe and beyond. In a rapidly evolving technological landscape, collaborations like these are essential for driving innovation and meeting the complex demands of global businesses.

For more information about Persistent Systems and its offerings, visit www.persistent.com.