Virtusa Corporation (NASDAQ: VRTU) announced that it has been named to the 2011 Global Services 100 List (GS100) by Global Services, in association with NeoGroup. Virtusa was also recognized in the category of Top Specialty Product Engineering Vendors. The GS100, which honored Virtusa in its 2011 list for the fourth consecutive year, represents companies that demonstrate excellence in delivering IT outsourcing (ITO) and business process outsourcing (BPO) services globally using matured models of service delivery. It is considered a benchmark for identifying service provider leadership because of its thorough evaluation and selection process.

Now in its sixth year, the GS100 is a rigorous assessment that evaluates organizations across multiple dimensions both quantitatively and qualitatively. The study identifies the top 100 companies based on four primary pillars: management excellence, customer maturity, global delivery maturity and breadth of services portfolio. Companies honored on the GS100 List are those that are consistently accelerating business outcomes for their customers and expanding their customer base as well as services portfolio. Virtusa was recognized as an industry leader that has experienced significant growth and increased profitability.

“We are honored to be recognized for the fourth consecutive year on the GS100 List,” said Kris Canekeratne, chairman and CEO at Virtusa. “Inclusion on this list reinforces our commitment to accelerating business outcomes for our clients through our optimized global delivery model.”
“The global services industry has gone clearly beyond the paradigm of ‘more work at lesser cost’. Companies are routinely seeking business outcomes, and in some cases, new forms of business value. Service providers who can deliver on these fronts make it to the GS100 and its categories.” said Ed Nair, Editor, Global Services.

“The firms that are recognized in the GS100 list show a higher level of focus on client needs, employee development and process improvement. They continue to be providers of choice in the market,” said Atul Vashistha, Founder and Chairman, NeoGroup.

Virtusa’s inclusion on the 2011 GS100 List comes in close succession to the company’s recognition by Zinnov Management Consulting as one of the leading R&D Service Providers for 2011. Virtusa provides high value IT services to help clients, including Global 2000 companies as well as leading software vendors, overcome industry challenges and achieve their business goals. Using its enhanced global delivery model, Virtusa focuses on providing clients high quality, innovative technology solutions which enable clients to increase productivity, improve customer service and reduce overall costs.

The GS100 List reflects the diversity and overall landscape of the service provider community in terms of company sizes, countries of origin and countries of delivery. Forty seven companies with revenues between $100M and $1B are represented on the list. The list includes companies from 18 countries with operations in 30 countries, making it truly global.

Source:http://www.coolavenues.com/news-wire/business-news/virtusa-prestigious-global-services-100-list

Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today announced that it has been recognized by Everything Channel on the CRN Fast Growth 100 list for the third consecutive year. The ranking is based on two years’ growth of net sales from calendar year 2007 to calendar year 2009.

“The Fast Growth 100 are channel innovators and mavericks who are growing in considerable size and influence,” said Kelley Damore, vice president, editorial director for Everything Channel. “As business-oriented IT consultants, these organizations work closely with customers to identify multi-vendor IT solutions to solve their business problems. We congratulate Virtusa on the company’s well-earned success.”

“We’re proud to be recognized by Everything Channel for our growth, but even prouder of the company strengths that are behind that success: strong partnerships, technical expertise, and above all, a single-minded focus on delivering business results,” said Kris Canekeratne, chairman and CEO of Virtusa. “Companies today need more than just stop-gap measures to reduce costs temporarily, and Virtusa provides an entire portfolio of services to help our customers solve complex challenges and drive lasting business results with end-to-end solutions.”

Virtusa maintains strategic alliances and partnerships with leading global organizations to provide the optimal mix of technology, process and delivery in solutions. Virtusa partners include IBM, Oracle, Microsoft, SAP and Pegasystems.

The Fast Growth awards will be presented Oct. 21 at the 2010 Fast Growth conference at the Hyatt Regency in Boston. To learn more about the Fast Growth 100, visit the Fast Growth Community at community.crn.com. The Fast Growth community is a forum for leading channel executives to exchange ideas, share best practices and engage in discussions about effective channel management programs. The forum features exclusive content such as blogs from the Fast Growth winners themselves.

Source:http://www.bradenton.com/2010/09/28/2610680/virtusa-recognized-on-the-everything.html

Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today announced its Chief Executive Officer, Kris Canekeratne, and its Chief Financial Officer, Ranjan Kalia, will present at the 38th Annual J.P. Morgan Global Technology, Media & Telecom Conference, being held at the Westin Boston Waterfront in Boston.

Virtusa’s presentation is scheduled for Wednesday, May 19, 2010 at 10:40 a.m. Eastern Time and will be webcast live. An archive of the presentation will be available for a limited time on the “Investors” page of the Company’s website (www.virtusa.com).

Source:http://www.benzinga.com/press-releases/10/05/b281883/virtusa-to-present-at-the-38th-annual-j-p-morgan-global-technology-medi

Virtusa Corporation, a US -based IT consulting, technology implementation and application outsourcing services provider with global delivery centres in Hyderabad and Chennai, has unveiled its cloud services offering for Pegasystems’ business process management (BPM) in the cloud platform – SmartPaaS.

Virtusa’s new package combines consulting, implementation services and management to help customers who are interested in developing, testing and running their BPM initiatives in the cloud, the company said in a press release on Wednesday.

Source:http://www.business-standard.com/india/news/virtusa-offers-cloud-services-to-pegasystems/391929/

Virtusa Corporation (Nasdaq: VRTU), a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today introduced the Virtusa BPM Test Drive for Needs Assessment, Business Case & ROI from Gartner’s Business Process Management (BPM) Summit 2010. This intensive three-week program, focused on BPM education, evaluation of challenges, business case creation, prototype development and technology evaluation and recommendation, establishes a framework for a client’s successful BPM engagement.

For many enterprises, BPM has dramatically improved operational efficiency, increased agility and accelerated time-to-market. Despite these proven benefits, many BPM projects fail to deliver on their potential due to a failure to align the organization, clearly articulate goals and address non-technology challenges. Virtusa’s BPM Test Drive addresses this issue by anticipating and averting the common pitfalls that prevent organizations from reaping the full value of BPM.

“We have successfully implemented BPM programs for customers in many industries, and we’ve learned that success is determined during the early stages,” said Vinaykumar Mummigatti, vice president and BPM practice leader at Virtusa. “Since we know that BPM is about business transformation, not technology, our BPM Test Drive immediately aligns business and IT stakeholders around a shared vision of BPM, participants’ roles, project goals and success criteria. Our BPM Test Drive ensures that our customers are always among the 50 percent of BPM programs that succeed.”

Built on Virtusa’s proven Understand-Evaluate-Demonstrate framework, the BPM Test Drive eliminates BPM risk by delivering the following:

* Education: Comprehensive BPM training guides the customer through the identification of the essential aspects of BPM project strategy, including training on BPM fundamentals for business and technical team members, goals, business questions, benefits and tasks required to complete a successful implementation.

* Needs Assessment and Business Case: Thorough analysis of key business challenges, priorities and performance metrics inform the development of a detailed business case with cost-benefit analysis and implementation options.

* Prototype: Based on an approved business case, Virtusa completes the Test Drive with the delivery of a proof of concept and customized prototype.

The BPM Test Drive for Needs Assessment, Business Case & ROI is part of a comprehensive suite of BPM offerings that improve customers’ core business processes. Virtusa’s services encompass business and IT consulting, product development, management and quality assurance. Other Virtusa BPM services include the Virtusa Business Process Competency Center (BPCC) and Virtusa BPM Acceleration Methodology (VBAM), both launched last year.

“This release continues our commitment to helping our clients leverage BPM technologies to achieve positive business results,” said Frank Palermo, Senior Vice President, Technical Solutions Group. “By focusing on crucial business and non-technology issues we provide complete end to end services that deliver true value to our customers. Virtusa will continue to offer solutions to help customers extract maximum benefit from BPM.”

Source:http://www.redorbit.com/news/technology/1829591/virtusa_launches_bpm_test_drive_for_needs_assessment_business_case/index.html?source=r_technology