Persistent Systems gains around 5 percent after bagging deal from ATOSS
Published On: Friday, December 17, 2021 | By: Team KnowMyStock
Shares of Persistent Systems gained around 5 percent today and hit a 52 week high of Rs 4753 after German software provider ATOSS chose Persistent to transform its customer relationship management with the help of salesforce integrations. Persistent has proven to be a trustworthy partner during the system evaluation process and has given us advice about the options Salesforce offered. ATOSS will use the company's Salesforce platform to automate sales, integrate with existing back-end systems and introduce customer service and event management. Persistent will first implement Sales Cloud to replace and redefine the current sales and service processes at ATOSS.The project will advance ATOSS' strategic goals of long-term customer loyalty through sustainable growth, standardisation, and optimisation of business processes, supported by cloud transformation, transformation of geographic research and organisational transformation, the report said.
The Pune-based IT major’s stock has rallied about 623% over the past five years with its moderately high P/E ratio of 58.67.
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