Persistent Systems climbs on launching Pi-OmniKG with Google Cloud technology

Persistent Systems is currently trading at Rs. 6325.00, up by 149.10 points or 2.41% from its previous closing of Rs. 6175.90 on the BSE.

The scrip opened at Rs. 6169.45 and has touched a high and low of Rs. 6403.60 and Rs. 6169.45 respectively. So far 19902 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 6788.80 on 20-Dec-2024 and a 52 week low of Rs. 3232.60 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 6483.45 and Rs. 6096.15 respectively. The current market cap of the company is Rs. 97638.43 crore.

The promoters holding in the company stood at 30.66%, while Institutions and Non-Institutions held 50.71% and 18.63% respectively.

Persistent Systems has launched Pi-OmniKG, an advanced AI-driven knowledge graph solution developed with Google Cloud technology. ‘Omni’ signifies the ability to universally handle diverse data, and ‘KG’ stands for Knowledge Graphs powered by GenAI. This innovative solution empowers healthcare and life sciences (HCLS) organizations to accelerate biomedical research, streamline data mining processes, and deliver insights with greater speed and accuracy.

Biomedical research is often hindered by time-consuming and labor-intensive data mining workflows. Legacy systems struggle to incorporate and analyze diverse datasets effectively, delaying the generation of actionable insights critical for HCLS enterprises. Pi-OmniKG addresses these challenges by modernizing data integration processes, creating a holistic knowledge base to decipher complex relationships, allowing researchers to make faster, evidence-based decisions by unlocking hidden insights. Furthermore, Pi-OmniKG enables direct querying of structured and unstructured internal data assets, alone or in combination with external data.

Pi-OmniKG is built using Google Cloud’s advanced technologies - including the Vertex AI platform, BigQuery, and Cloud SQL- leveraging GenAI capabilities to streamline workflows, standardize data, and enable seamless integration of structured and unstructured datasets. Its intuitive interface allows researchers to query and visualize data, uncovering novel relationships and delivering high-quality insights backed by authentic citations.

Persistent Systems is a global company specializing in software product and technology services.