Background: Persistent Systems is one of the leading outsourced product development (OPD) companies in India. 2QFY17: Revenue share from Services business (72.2%) & the IP -led business (27.8%). The company has domain expertise in ISV (44.4%), Enterprise (27.8%) and IP Led (27.8%). Company has strong workforce of 9,305 employees. The company's business is spread across North America (85.4%), Europe (6.1%) and RoW (2.9%). Company earns revenue from global delivery centers (26.3% ), India (45.9%) and IP Led (27.8%). Total active clients stood at 649 including services and IP led business. Company's top client accounts 28.4% in revenues, top 5...