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Press Release

April 13, 2010

Virtusa introduces Cloud services offering for SmartPaaS to help customers increase speed to market and reduce costs for their BPM initiatives

Leading Pegasystems Integration Partner Continues Tradition of BPM Enablement

WESTBOROUGH, Massachusetts – (April 13, 2010) – Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today unveiled its Cloud services offering for Pegasystems’ 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.

Virtusa’s approach includes three steps:

  • Consulting: Virtusa consultants work with stakeholders to assess needs, develop a business case with clear ROI, provide Cloud education for BPM, and create an implementation roadmap and checklist. This stage creates a solid foundation for cloud-based BPM success.

  • Implementation: Virtusa’s experienced architects design and deploy the BPM application on the cloud as part of a comprehensive setup that includes security and policy management, load balancing and performance tuning.

  • Management: Virtusa’s comprehensive management strategy involves infrastructure monitoring, disaster recovery, ticket management and performance and load monitoring. Aggressive service level agreements (SLAs) and regular reporting ensure continuous optimization.

Cloud-based BPM isn’t just a lofty prediction anymore. As evidenced by some of the world’s largest financial services and healthcare firms adopting Pegasystems’ SmartPaaS - it has become a core part of the BPM infrastructure” said Vinaykumar Mummigatti, Vice President and BPM Practice Leader at Virtusa. “We will leverage our cloud services offerings, our deep history in BPM, proven experience in building and managing BPM solutions and our technology expertise to help customers take advantage of SmartPaaS.

“Virtusa and Pegasystems have been close partners for many years” said Frank Palermo, Senior Vice President, Technical Solutions Group. “Cloud computing is an excellent platform to address a significant number of project challenges while accelerating business issues. Virtusa is excited to bring both Pegasystems and cloud computing based technologies to the market extending our BPM solutions portfolio.”

“Since its recent inception, SmartPaaS has quickly ramped up to become the number one BPM platform-as-a-service in the cloud – with almost a thousand users at our most important customers and partners who are building, testing and running their BPM solutions more efficiently,” said Douglas Kim, Managing Director at Pegasystems for SmartPaaS. “We are impressed with how effectively Virtusa has become enabled on SmartPaaS, and is already able to offer their first offering called BPCC (Business Process Competency Center).”

Virtusa’s partnership with Pegasystems dates back to 2003. The company is a charter member of the Pegasystems Partner Program, employs more than 500 Pegasystems consultants and is a consistent winner of the Pega Partner Excellence Awards.

This announcement comes on the heels of Virtusa’s recent introduction of the BPM Test Drive for Needs Assessment, Business Case and ROI and is the latest addition to a full portfolio of BPM solutions. Virtusa’s BPM services encompass business and IT consulting, product development, management and quality assurance. The company also offers a packaged Business Process Competency Center (BPCC) as the first of its cloud-based BPM solutions, built and provisioned through SmartPaaS.

About Virtusa Corporation’s BPM Practice

Virtusa is a leading global IT services firm in the BPM sector with a long history of successfully helping clients transform their new and legacy, manual and semi-automated business processes into change-ready, automated processes, and in building and delivering leading BPM software products. Virtusa’s unique “platforming” approach consolidates, rationalizes and modernizes core systems resulting in an efficient, lean IT environment. The Virtusa BPM team has more than eight years of BPM project experience, having successfully executed over 65 professional services engagements worldwide. The Practice is supported by over 500 BPM consultants, of which 95% are Certified BPM Consultants. The Practice has strong partnerships with multiple BPM leaders including Pegasystems, Savvion, Cordys, Tibco and IBM.

 

About Virtusa

Virtusa Corporation is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovative engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future-proof operational and IT platforms, and rationalization and modernization of IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive the business forward at unparalleled velocity enabled by a culture of cooperative disruption.

Virtusa is a registered trademark of Virtusa Corporation.  All other company and brand names may be trademarks or service marks of their respective holders.

 

Media Contact:

Matt Berry
Conversion Marketing
(201) 370-9133
matt@conversionam.com

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