Embedded Software Engineer

Persistent Systems has launched a qualified institutional placement (QIP) to raise up to $450 million (about ₹4,265 crore). The issue opened on October 21, with the floor price set at ₹5,550 per share in line with Securities and Exchange Board of India (SEBI) rules. The company may offer a discount of up to 5% on the floor price, subject to norms and shareholder approval. JP Morgan India, IIFL Capital Services, and HSBC Securities and Capital Markets (India) are the book-running lead managers. The launch follows its 26th straight quarter of revenue growth. September quarter revenue rose 30.3% year-on-year to ₹4,663.9 crore, while net profit fell to ₹351.51 crore after a ₹185.34 crore exceptional expense tied to the proposed Nagarro acquisition.

Hexaware Named a Leader in three quadrants and a Rising Star in the ISG Provider Lens(R) AWS Ecosystem Partners 2026 U.S. Quadrant Report. Information Services Group (ISG), a global AI-centered technology research and advisory firm, has named Hexaware a Leader in three quadrants of its ISG Provider Lens(R) AWS Ecosystem Partners 2026 U.S. report. The three quadrants are AWS Professional Services, AWS Data Lifecycle Management Services, and AI-Powered Business Transformation with AWS. Accenture, Capgemini, Cognizant, Deloitte, DXC Technology, HCLTech, Infosys, LTM, NTT DATA, Persistent Systems, PwC, Rackspace Technology, TCS, and Wipro were also named Leaders in these three quadrants. Hexaware was also recognized as a Rising Star in AWS Managed Services, alongside Coforge. ISG finds that cloud migration is no longer the end goal for U.S. enterprises on AWS. Organizations now expect their AWS programs to move AI out of pilots and into production with measurable results. That expectation is pushing buyers and providers alike to prioritize autonomous agents, well-governed data, self-managing cloud operations, and tighter control over AI spending. Leader - AWS Professional Services ISG points to Hexaware's use of AI and automation to speed up AWS delivery. The report cites Amaze(R), Hexaware's AI-powered modernization platform with more than 20 agents. It also cites an AI-powered internal development platform that automates provisioning and governance checks. Together, these help clients modernize faster, with stronger controls and quicker returns on their cloud investments. Leader - AWS Data Lifecycle Management Services ISG credits Hexaware with helping enterprises prepare their data for AI. Its metadata-driven frameworks, real-time streaming architectures, and automated retention and archival policies give organizations better control and visibility across the data lifecycle. As a result, they can get more out of data-led transformation. Leader - AI-Powered Business Transformation with AWS According to ISG, Hexaware grounds its AI work on AWS in measurable business results and solutions built to scale. Hexaware draws on Amazon Bedrock, SageMaker, and its own assets such as Amaze(R) AI Agents and Agentverse(TM). With these, it helps clients in sectors like financial services and healthcare modernize how they operate, with responsible AI controls built in. Rising Star - AWS Managed Services Hexaware earns Rising Star status for its Cognitive CloudOps approach. This approach brings AI-assisted operations, FinOps-driven cost governance, security, and automation together in one model. ISG sees it as a well-rounded managed services offering that keeps AWS environments running reliably, tunes them for performance, and keeps improving them over time. Hexaware Named a Leader in AWS Professional Services in the ISG Provider Lens(R) AWS Ecosystem Partners 2026 U.S. Quadrant Study "Hexaware combines AI-enabled cloud transformation, agentic modernization through Amaze(R) and AWS consulting expertise to accelerate large-scale migration, modernization and cloud-native engineering outcomes." - Sameen Mohammed Siddique, Lead Analyst, ISG Hexaware Named a Leader in AWS Data Lifecycle Management Services in the ISG Provider Lens(R) AWS Ecosystem Partners 2026 U.S. Quadrant Study "Hexaware combines AI-ready data platforms, governance-led modernization and intelligent automation to help enterprises accelerate data transformation while improving scalability, usability and business value." - Dr. Tapati Bandopadhyay, Lead Analyst and Research Partner, ISG Hexaware Named a Leader in AI-Powered Business Transformation with AWS in the ISG Provider Lens(R) AWS Ecosystem Partners 2026 U.S. Quadrant Study "Hexaware translates emerging AWS AI capabilities into practical business solutions that enhance operational efficiency, agility and decision-making." - Dr. Tapati Bandopadhyay, Lead Analyst and Research Partner, ISG Hexaware Named a Rising Star in AWS Managed Services in the ISG Provider Lens(R) AWS Ecosystem Partners 2026 U.S. Quadrant Report "Hexaware combines AI-assisted SRE, observability, FinOps and automation-led operations to deliver through a structured AWS Managed Services model focused on reliability, governance and operational efficiency." - Sameen Mohammed Siddique, Lead Analyst, ISG