Although the economic downturn impacted our clients and tempered growth, FY 10 will have a special place in our history. During the year, we made our first ever acquisition in InSource - a specialist technology consulting firm last November, followed by the acquisition of ConVista Consulting - a market leader in Finance transformations in February. The domain knowledge and complex program management expertise of both these acquisitions, combined with our technology execution and global delivery capability, provides our clients with end-to-end services that accelerate business outcomes.
These acquisitions place Virtusa in a unique position to solve new world challenges using technology to improve business agility and competitiveness. In addition, we continued to build on our targeted solutions - Consulting, BPM, ECM, DW/BI. We have increased new client wins and have gone to convert many into long term engagements.
As we commence FY11, we are very pleased with the foundation we have built through the strength of our corporate vision and guiding principles. This is an exciting time at Virtusa and we are enthusiastic about commencing the next phase of our journey.
I want to personally thank all our clients for helping us achieve these major milestones in our evolution towards becoming the leading provider of next-generation IT services.
We look forward to continued success together.
Sincerely,
Kris Canekeratne
Chairman and CEO
Case Study
Travel Channel Provides Rich User Experience Through Media Convergence
Travel Channel Inc, a leading portal that provides travel related information to more than 90 million users, was posed with several challenges, including providing uniform user experience, managing content workflow, catering to global users, among others, looking to build a multi-channel, scalable digital platform.
Virtusa's enterprise portal capabilities enhanced the value to Travel Channel through innovative offerings in areas of usability, Web 2.0 offerings, enterprise portals, enterprise search and e-commerce empowered Travel Channel to easily and flexibly manage, promote, and deliver rich content and media digital assets to its customers.
BPM: Virtusa Launches BPM Test Drive for Needs Assessment, Business Case & ROI
Virtusa Corporation 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.
ECM: Reach broader audience through Virtusa’s mobile content publishing solution
ECM Practice at Virtusa has released mobile publishing solution which provides a framework enabling organizations to leverage content from existing ECM systems and publish it on multiple mobile devices through various channels, thereby increasing RoI on their content investments. The solution provides a platform agnostic content delivery mechanism to multiple devices through mobile web and through dedicated device-specific apps.
Setting up mobile portals may seem like a low cost solution, but organizations soon realize that the cost of managing content across various systems can become very expensive in long run. As organizations start building and supporting device-specific applications, these costs escalate tremendously. Virtusa’s mobile publishing solution provides a unified delivery platform for a cost effective and efficient way to publish content seamlessly to various channels such as web, mobile web, mobile apps, print media, etc.
Contact us for more details on how the mobile content publishing solution can help you improve RoI on your content.
Awards
2010 The Global Outsourcing 100 Awards
Virtusa Corporation is listed in 2010 The Global Outsourcing 100 sub-list category of "Best 10 Leaders by Industry Focus - Entertainment & Media".
Virtusa Announces Suite of Services for Transforming Organizations to Enterprise 2.0
Virtusa Corporation introduced the company’s new Enterprise 2.0 Services Suite from the Gartner Portals, Content and Collaboration Summit 2010. Using a set of collaborative technologies including social media, video and mobile, the comprehensive portfolio allows businesses to implement innovative Web 2.0 initiatives for attracting and retaining customers, reducing costs and increasing employee productivity (March 2010).
Virtusa Corporation unveils its new Visual Identity
Hyderabad/ Chennai, January, 31, 2010: Virtusa Corporation unveiled the new visual identity of its corporate brand. The new visual identity, including a new logo, highlights Virtusa’s commitment to focus on delivering business outcomes to customers. (November 2009).
The Emerging Confluence of BPM and Cloud Computing
Cloud computing offers many advantages for BPM adoption and would help in removing some of the key challenges that have hindered BPM success. The goal of enterprise BPM and inter-organization process automation becomes a reality with the help of BPM on cloud.
Virtusa recently conducted a Webinar on "Mobile Publishing - Increase revenue and improve ROI from existing content" to help organizations develop a mobile strategy to publish content from existing content management systems, while improving the RoI on content by repurposing it.
Due to increasing sophistication and capabilities of mobile devices, they have become a critical channel for content delivery. This phenomenon is undoubtedly creating new revenue and cost cutting opportunities for enterprises today - but at the same time, presenting them with challenges to manage the mobile publishing of content in a cost effective manner.
Shane Closser, Global Director of Technology - ECM Practice and Venu Madhav Gooty, Sr. Manager - ECM Solutions, Virtusa, shared their experiences and addressed the above challenges in this webinar.
Virtusa is a Platinum sponsor at the Gartner BPM Summit, London
The event drew over 250 delegates, the majority of them from top UK and EU companies interested in deploying BPM projects. At the event, Virtusa announced our Test Drive offering for organizations seeking advice and counsel on how to maximize their chances of success.
Virtusa was the only professional services company to sponsor and exhibit at the event. In addition to Test Drive, we showcased our Process Analysis and Design, VBAM, and Business Case development services.
Virtusa Showcases Enterprise 2.0 Capabilities at Gartner PCC Event
Virtusa participated in Gartner’s Portals, Content and Collaboration conference in Baltimore, MD, USA. The event was attended by over 500 executives from various sectors including the US Federal Government. The participation was Virtusa’s first appearance at this event in support of our ECM Practice.
The prevailing theme at the show was social media and enterprise 2.0. We positioned ourselves as a transformation agent helping clients evolve from a 1.0 state to a 2.0 state. At the event, we presented a comprehensive portfolio of services that included Enterprise 2.0 Transformation, SEO, Globalization and Mobile Publishing.
At the event, Virtusa highlighted our Test Drive offering for organizations seeking advice and counsel on how to maximize their chances of success.
Once again Virtusa was the only professional services company to sponsor and exhibit at the event. In addition to Test Drive, we showcased our Process Analysis and Design, VBAM, and Business Case development services. This was the third Gartner BPM event Virtusa has participated in since October
At the event, Virtusa showcased our capabilities in BPM practice, Cloud services offering for Pegasystems SmartPaaS™ to help customers increase speed to market and reduce costs for their BPM initiatives and Test Drive offering for organizations seeking advice and counsel on how to maximize their chances of success.
Lee Barrett, Senior VP of Healthcare Practice at Virtusa, also spoke at the event on how to look for major transformational opportunities from the transition to ICD-10 code sets.
Virtusa Annual Day Celebrations in India and Sri Lanka ATCs
Virtusa Nite, the annual day celebrations, was celebrated in both India (Hyderabad and Chennai) and Sri Lanka advanced technology centers (ATCs). Virtusa Nite gave the opportunity for the Virtusans along with their family to enjoy an evening filled with loads of entertainment and celebration! Virtusa Nite was celebrated in both Hyderabad ATC and Sri Lanka ATC on March 20, 2010 followed by Chennai celebrations on March 27, 2010.
This event was also to honor Virtusans with the Long Service Awards, presented to those who completed 5 or 10 years of service in Virtusa. The evening promised a lot of fun games and interactive zones, internal and star studded external performances, DJ, all the fun in-store for Virtusans and their families to enjoy a perfect evening.
Corporate Social Responsibility
Virtusa Sponsors a state of the art Digital Learning Centre in Vavuniya for Ex-combatants
01st April 2010, Vavuniya, Sri Lanka: Virtusa sponsored a state of the art Digital Learning Centre in Pompamadu, Vavuniya, in order to assist the task of rehabilitating and reintegrating ex-combatants in to civil society.
The Digital Learning Centre is intended to provide education and training for ex-combatants. In addition, a curriculum is being designed to carry out IT education programmes for different levels of IT experience. The learning centre includes state of the art equipment and the network infrastructure to provide the rehabilitees every opportunity to utilise IT to better their vocational skills.
