Zinnov Management Consulting in its just released report 'Zinnov Zones 2017 for IoT Technology services', positions Persistent Systems (BSE & NSE: PERSISTENT) among the leading players for its IoT competency. Persistent is also placed in the leadership zones for ‘Platform and Application Competency’, ‘Big Data Management’ and ‘Analytics Services’.

The 'Zinnov Zones for IoT Technology services 2017,' is an annual study to help business leaders select the best partner across geographies, as they spearhead global IoT initiatives. The rating is based on key parameters including innovation, capabilities, financials, human capital, ecosystem linkages, infrastructure, maturity and diversity of services, scale, and diversity across verticals.

“The Persistent Flywheel framework is accelerating development and adoption of IoT systems by focusing on end-to-end solutions including aspects like ecosystem development and monetization. Our ‘Zero to Live in a Turn of the Flywheel’ approach brings agility to IoT development," said Sanjeev Srivastav, Senior Vice President, IoT Business. He further added, "Persistent's dedicated focus on IoT products, solutions and services helps provide a full spectrum of engagement models including product licensing, solution development and managed services and in turn bring accelerated value to our customers."

Expressing his views on the report, Sidhant Rastogi, Partner & Practice Head, Zinnov said, "With a strong partner ecosystem, IP strategy and unique strengths in key technology areas, Persistent has established a position among the leading players in IoT Technology services. Persistent is strongly positioned for the second year in a row because of its expertise in Cognitive IoT, Machine Learning, Continuous Engineering, IoT monetization and API management."