Persistent Systems is betting big on the future. While their 2026 budget grew 10%, CEO Sandeep Kalra remains cautious, signaling a strategic shift rather than unchecked expansion.

AI Dominance: 25% of the budget is locked into AI. Workforce Pivot: 1,500 new AI-focused hires incoming.

The Reality: Legacy tech is getting squeezed. It’s a ruthless reallocation for the AI era.