Furthering generative and deterministic AI
platform spanning all stages of software development
SANTA
CLARA, Calif. and PUNE,
India, Oct. 18, 2024 /PRNewswire/ -- Persistent
Systems (BSE: 533179) and (NSE: PERSISTENT), a global pioneer in
Digital Engineering and Enterprise Modernization, today announced
the launch of SASVA 2.0, the latest iteration of its flagship
AI-powered platform revolutionizing software engineering with
generative and deterministic AI. Engineered to drive productivity
gains throughout the development process, this innovative platform
now expands its capabilities beyond the traditional Software
Development Lifecycle (SDLC). It delivers a fully integrated
end-to-end solution from ideation to post-deployment operations for
businesses across industries to drive innovation and enhance
customer experiences.
SASVA 2.0 provides interactive workflows and interfaces that
drive meaningful, scalable outcomes for product managers, program
managers, developers, customer support teams, and professional
services — redefining software development for these key personas
throughout the lifecycle, from ideation to post-release
support.
SASVA 2.0 unlocks productivity and efficiency gains by:
- Conducting a comprehensive assessment of projects, providing
insights into technology, product, process maturity, security,
technical debt, and accurate cost/effort forecasting, helping
identify areas for productivity gains and cost optimization.
- Leveraging historical data and market trends, enabling product
managers to create context-driven, prioritized roadmaps and release
plans, aligning tasks with team strengths and capacity.
- Expanding requirements into executable release plans,
prioritizing tasks, estimating effort, recommending frameworks, and
distributing work between human developers and AI for greater
efficiency.
- Simplifying development with AI-assisted coding, bug fixing,
and security enhancements, while integrating external tools for a
seamless experience.
- Providing real-time, context-aware insights and a dynamic
knowledge base to enhance customer support and professional
services, enabling faster and more effective outcomes.
SASVA 2.0 strengthens Persistent's commitment to secure,
affordable, and comprehensive AI by seamlessly blending digital
capabilities with human expertise, offering businesses an
integrated platform for greater efficiency and innovation. The
platform enables organizations to boost Annual Recurring Revenue
(ARR) and Net Revenue Retention (NRR), accelerating time-to-market
and maximizing business growth. Persistent first launched this
AI-powered platform earlier this year, leading the way with an
affordable AI to accelerate software engineering.
Sandeep Kalra, CEO and
Executive Director, Persistent:
"Efficiency, speed, and data-driven decision-making are more
critical than ever in today's fast-paced digital landscape. SASVA
2.0 is designed to address these challenges, providing a seamless,
AI-powered platform that connects and completes every phase of the
software development lifecycle. Built on our deep product
engineering capabilities, it leverages advanced insights, automates
routine and complex tasks, and integrates with existing tools to
accelerate time-to-market, maximize productivity, and drive cost
efficiency. This empowers teams to focus on innovation while
delivering measurable outcomes that fuel long-term business
growth."
Mukesh
Dialani, Research Vice President, IDC:
"With the increased need for speed and agility in the software
engineering services market, the use of GenAI will be pivotal to
improve efficiencies for delivery and throughout the entire
software development lifecycle. Persistent's SASVA platform has the
potential to not only impact development effectiveness but also
help achieve desired business outcomes. There is tremendous hype
around GenAI, but platforms like SASVA stand to deliver tangible
results."
About Persistent
Persistent Systems (BSE & NSE: PERSISTENT) is a global
services and solutions company delivering Digital Engineering and
Enterprise Modernization to businesses across industries. With over
23,500 employees located in 19 countries, the Company is committed
to innovation and client success. Persistent offers a comprehensive
suite of services, including AI-enabled software engineering,
product development, data and analytics, CX transformation, cloud
computing, and intelligent automation. The Company has been
recognized as the "Most Promising Company" of the Year by CNBC-TV18
at the 2023 India Business Leader Awards. As a participant of the
United Nations Global Compact, Persistent is committed to aligning
strategies and operations with universal principles on human
rights, labor, environment, and anti-corruption, as well as take
actions that advance societal goals.
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking
statements, please visit persistent.com/flcs
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