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Press Release

February 12, 2013

Virtusa's Global Technology Centers Appraised with CMMI Level 5, the Highest Standard in Quality Management

Company recognized for commitment to service excellence and process improvement

WESTBOROUGH, Mass. – (February 12, 2013) Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad range of information technology services, including IT consulting, technology implementation and application outsourcing, today announced that its Advanced Technology Centers (ATCs) in Sri Lanka and Chennai, India, have been appraised with the prestigious Capability Maturity Model Integration (CMMI V1.3) Level 5 rating, the highest level of maturity in the CMMI framework. In 2011, the company’s ATC in Hyderabad was appraised at Maturity Level 5.

CMMI is a process improvement model used to improve a company’s ability to manage project deliveries to guarantee predictable results. CMMI’s process levels are regarded as the standard in the industry for evolutionary paths in software and systems development and management.

“We are delighted to achieve CMMI level 5 appraisal, which recognizes Virtusa’s commitment to continuous process improvement and quality,” said Kris Canekeratne, chairman and CEO of Virtusa.

Virtusa Global Innovation Process (GIP) embodies lightweight software engineering best practices from SCRUM/XP, EPF, CMMI, ITIL, ISO 27001, BS25999-2 and years of Virtusa learning. The assessment was independently conducted by KPMG India and was accepted by the CMMI Institute. This milestone not only credits Virtusa’s commitment towards process maturity but also its approach towards delivery excellence and service quality. This accreditation is imperative as more and more global customers including government customers require their software implementations to be of highest quality standards.

This appraisal is also a result of Virtusa’s focus on delivering business results by modernizing, rationalizing and consolidating the critical applications that support its clients' core business processes. It employs advanced processes like Agile to ensure the right system is delivered the first time. This approach enables Virtusa to serve industry leaders as they seek to improve their customers' experience, expand market reach, improve time to market and lower costs.


About CMMI:
CMMI is the result of more than 20 years of ongoing work at Carnegie Mellon University by members of industry, government, and the Software Engineering Institute. Powered by Carnegie Mellon, the CMMI Institute is working to build upon CMMI’s success, advance the state of the practice, accelerate the development and adoption of best practices, and provide solutions to the emerging needs of businesses around the world.

To see Virtusa’s appraisal results, please visit https://sas.cmmiinstitute.com/pars/pars.aspx
To learn more about CMMI®, please visit: http://cmmiinstitute.com/

CMMI® is registered in the U.S. Patent and Trademark Office by Carnegie Mellon University.

 

About Virtusa

Virtusa Corporation is a global provider of digital engineering and technology services and solutions for Forbes Global 2000 companies in the financial services, healthcare, communications, media, entertainment, travel, manufacturing, and technology industries worldwide. At Virtusa, digital engineering is at the heart of everything we do. We are 30,000 builders, makers, and doers that partner with customers to reimagine enterprises and creatively build solutions to the most pressing business challenges that move them to the forefront of their industries.

Virtusa's unique Engineering First approach means never presenting an idea we can't execute. With deep industry expertise and empowered agile teams made up of world-class talent, we think about execution early in the process, because the earlier you think about execution the earlier an idea can have an impact. Solving from the inside out enables businesses to respond swiftly to changing needs with improved quality, lower costs, and lasting results.

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 Flannery
Edelman
(203) 856-2006
matt.flannery@edelman.com

Contacts
Andrea LePain 
Global Head of Media Relations Communications 
617-275-6516
alepain@greenoughcom.com

 

 

About Virtusa

Virtusa Corporation is a global provider of digital engineering and technology services and solutions for Forbes Global 2000 companies in the financial services, healthcare, communications, media, entertainment, travel, manufacturing, and technology industries worldwide. At Virtusa, digital engineering is at the heart of everything we do. We are 30,000 builders, makers, and doers that partner with customers to reimagine enterprises and creatively build solutions to the most pressing business challenges that move them to the forefront of their industries.

Virtusa's unique Engineering First approach means never presenting an idea we can't execute. With deep industry expertise and empowered agile teams made up of world-class talent, we think about execution early in the process, because the earlier you think about execution the earlier an idea can have an impact. Solving from the inside out enables businesses to respond swiftly to changing needs with improved quality, lower costs, and lasting results.

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 Flannery
Edelman
(203) 856-2006
matt.flannery@edelman.com

Contacts
Andrea LePain 
Global Head of Media Relations Communications 
617-275-6516
alepain@greenoughcom.com

 

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