Persistent opens third Hyderabad facility for AI and BFSI delivery
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Persistent Systems inaugurated its third Hyderabad facility at Phoenix Equinox in Gachibowli, focused on AI deployment, payments modernization and cloud delivery for banking, financial services and insurance clients. The facility supports Persistent's existing base of over 3,000 Hyderabad employees across WaveRock and Sattva Knowledge City offices. It provides secure, dedicated workspaces for program delivery and client collaboration in regulated environments. The expansion strengthens the company's digital engineering and BFSI delivery capabilities.
Capacity expansion strengthens BFSI delivery in AI and modernization, supporting segment growth. No immediate financial impact disclosed.