Persistent Systems Partners with IIT Kharagpur to Establish AI Innovation Lab
Persistent Systems Limited, a global Digital Engineering and Enterprise Modernization leader, has announced a significant collaboration with the Indian Institute of Technology, Kharagpur (IIT Kharagpur). An affiliate of Persistent has signed a Memorandum of Understanding (MoU) to launch an AI Innovation Lab within the Department of Computer Science and Engineering (CSE).The initiative, announced on May 5, 2026, aligns with Persistent's AI-first strategy and the shared vision of 'AI for All.' The purpose of the Lab is to create a long-term platform designed to advance AI research, deepen industry-academia collaboration, and build future-ready talent capable of driving national-scale innovation.
The facility will be equipped with advanced computational, laboratory, and instructional capabilities. Its core focus is accelerating research and applied development of robust, safe, and responsible AI systems. Specific application areas targeted by the Lab include healthcare analytics, educational technology, and financial intelligence.
The approach adopted by the Lab integrates theory, systems development, and deployment. This method is designed to support scalable solutions while strengthening the link between academic research, engineering practice, and real-world impact. This framework is expected to enhance Persistent's internal AI capability stack by providing reusable frameworks, domain insights, and talent pipelines across various client engagements.
Beyond its research mandate, the Lab is positioned to promote international collaboration and crossdomain engagement, acting as a centralized hub for knowledge exchange involving academia, industry, and policy stakeholders.
Leadership Perspectives
Dr. Anand Deshpande, Founder, Chairman and Managing Director of Persistent Systems, emphasized the importance of foundational research. He stated that "India's AI promise will be built on original research, deep engineering, and work on real problems that shape everyday life." He noted that the Lab will work closely with faculty and students to advance research while remaining focused on India-centric challenges, thereby preparing capable and grounded graduates.Professor Siddhartha Mukhopadhyay, Dean -Alumni Affairs at IIT Kharagpur, highlighted the value of the partnership. He remarked that the collaboration "brings industry perspective into our academic ecosystem while giving our students and faculty deeper exposure to real-world challenges," reflecting the increasing importance of academia-industry collaboration for impactful AI.
Professor Niloy Ganguly, Head of Department -Computer Science and Engineering at IIT Kharagpur, expressed that the partnership creates an environment "where academic curiosity meets engineering discipline and industry relevance."
About Persistent Systems Limited
Persistent Systems is a global services and solutions company delivering AI-led, platform-driven Digital Engineering and Enterprise Modernization. The company provides a comprehensive suite of services including software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation.As of its latest records, Persistent has over 27,500 employees located in 18 countries. The company’s presence is highlighted by its inclusion in several key indices, including the Nifty Midcap 50 and Nifty IT on the National Stock Exchange of India.
| Metric | Detail |
|---|---|
| Employees | Over 27,500 |
| Locations | 18 countries |
| Key Services | Software Engineering, Product Development, Data & Analytics, CX Transformation, Cloud Computing, Intelligent Automation |
| Milestone | Achieved carbon neutrality |
| Brand Growth | 468% growth in brand value since 2020 |
PERSISTENT Stock Price Movement
Shares of Persistent Systems Limited are edging higher to ₹4819.4 as of 12:51 PM today, climbing 0.65% in live trading. The stock is finding support within its day range of ₹4743.1 to ₹4858.7, amid active trading that has recorded 291,482 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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