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Gartner Recognizes VirtusaPolaris in 2016 Magic Quadrant for IT Services for Communications Service Providers, Worldwide

WESTBOROUGH, Mass., – (August 24, 2016) – VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of information technology (IT) consulting and outsourcing services, today announced that it has been positioned by Gartner, Inc. in the Niche Players’ quadrant of the Magic Quadrant for IT Services for Communications Service Providers, Worldwide. The report, by analysts Jouni Forsman, Norbert J. Scholz and Amresh Nandan published on July 14, 2016, evaluated VirtusaPolaris among Communications Service Providers (CSPs).

The Magic Quadrant report evaluated 17 vendors who have expertise in discrete and multiyear engagements around CSPs’ operational IT in a multiregional context. The assessment takes into account the vendors’ current offerings and overall strategies, as well as their future initiatives and product roadmaps.

According to Gartner, “The market for IT services for CSPs is evolving as CSPs’ operational environment changes. Cost-efficiency is important, but the focus is clearly on enabling additional business benefits for CSPs in the spirit of bimodal IT.” Gartner adds “This Magic Quadrant helps communications service provider CIOs identify and evaluate suppliers to meet their operational IT service needs.”

“We are pleased to see our positioning in this year’s Magic Quadrant further on the completeness of vision,” said Srinivasan Jayaraman, executive vice president, global head of Telecoms, VirtusaPolaris. “The growing demand for a personalized user experience and the rapid proliferation of content stem from our industry undergoing significant transformation. Our Telecom business is thriving as our expertise and solutions empower our clients to innovate, enable faster time-to-market and simplify processes, ultimately accelerating their business outcomes. As the telecommunications industry continues to evolve to an increasingly virtualized, software-focused market, we will work with our clients to help them in their journey of innovation and delivering exceptional services to their customers.”

“We have always prided ourselves on our strong engineering heritage, our innovative culture and undiluted focus on enabling our clients to achieve their business and IT vision,” said Praveen Purushotham, senior vice president and global head of Marketing, VirtusaPolaris. “We believe this recognition reinforces our strong positioning as a trusted partner for our clients who provides exceptional thought leadership and proven delivery excellence.”

VirtusaPolaris’ Next Gen Telco solutions are designed to accelerate time-to-market, simplify processes and deliver business outcomes. It leverages its deep domain expertise, product engineering heritage, robust platforming approach and partnerships to address its clients’ priorities. VirtusaPolaris’s niche telecom industry solutions are engineered to accelerate time-to-market and help clients maintain market leadership by improving topline revenues up to 5%, boosting operating efficiency up to 30% and enhancing customer experience. Some of its notable work for clients include building a ‘Multi-tenant white label’ OSS/BSS stack, rationalizing 96 portals into one portal with rich user interface and delivering an effective service management platform

To learn more about VirtusaPolaris’s Telecom capabilities, please visit:

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About VirtusaPolaris

VirtusaPolaris, the market-facing brand reflecting the combined strengths of Virtusa Corporation and Polaris Consulting & Services, Ltd. is a global provider of information technology (IT) consulting and outsourcing services that accelerate business outcomes for Global 2000 companies and leading software vendors in banking and financial services, insurance, healthcare, telecommunications, technology, media and entertainment.

VirtusaPolaris’ solutions address the CXOs’ dual challenge of growing revenues while improving IT cost efficiencies. VirtusaPolaris’ digital services leverage innovative new technologies to reimagine the customer experience, increasing retention and creating lasting value. VirtusaPolaris’ preemptive outsourcing solutions help clients reduce risk and improve IT operations.

VirtusaPolaris delivers services across the IT lifecycle, including consulting, solution design, technology selection, implementation, testing and maintenance & support, including infrastructure support. Inheriting a strong heritage in software engineering, VirtusaPolaris is highly qualified to both develop and maintain software, using a proven platforming methodology and advanced Agile and Accelerated Solution Design techniques to reliably produce results on time and within budget.

Holding a record of success across industries and unparalleled domain expertise, VirtusaPolaris understands clients’ business challenges best and uses that to deliver distinctive, differentiated and innovative application of technology to solve those problems. Examples of large business transformations completed include the world’s largest P&C claims modernization program, one of the largest corporate customer portals for a premier global bank, an order to cash implementation for a multinational telecommunications provider, and digital transformations for media and banking companies.

Virtusa Corporation is headquartered in Massachusetts, and together with Polaris, has 50 offices across North America, Europe and Asia.

Polaris Consulting & Services is asubsidiary of Virtusa Corporation. Copyright © 2016 Virtusa Corporation. All Rights Reserved.

Kirsten Paragona
Global Head of Media Relations

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