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Press Release

August 25, 2015

Virtusa Named a Major Contender in Everest Group's PEAK Matrix for Independent Testing Services

WESTBOROUGH, Mass., – August 25, 2015 – Virtusa Corporation (NASDAQ: VRTU), a global IT services company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has been named a “Major Contender” on Everest Group’s PEAK Matrix for Independent Testing Services.

Virtusa’s Independent Software Quality (ISQ) practice leverages its extensive consulting expertise, strong technological and domain capabilities, focus on defect prevention methods, and automated operations, to deliver high quality solutions, faster test cycle execution and lower cost of testing. Its Engineering Rigor Automation (ERA) suite helps the company improve code quality in development and is augmented by an innovative QA process based on efficiency and value. Virtusa is further driving innovation in its QA teams through a unique millennial QA philosophy and gamification model. This proprietary approach is changing the way QA teams are structured and managed while enhancing the quality of output, ultimately driving better business outcomes for clients.

“We are honored to be named a Major Contender as we enter the Everest Group PEAK Matrix for Independent Testing Services for the first time,” said Chinthi Weerasinghe, vice president and joint-head of the ISQ practice at Virtusa. “Our clients immediately benefit from Virtusa’s QA advisory services to help setup and deliver innovative QA solutions on aspects such as TCoE, Test Management, Test Execution and Automation and Continuous Testing in an integrated environment. As the landscape continues to evolve, we’re excited to play a key role in driving the industry forward.”

Developed by Everest Group, a global consulting and research firm, the PEAK (Performance, Experience, Ability, Knowledge) Matrix is a framework that assesses the relative market success and overall capability of service providers in various industries. This particular PEAK Matrix positions the world’s independent software testing market leaders based on performance, experience, ability and knowledge. Service providers undergo a rigorous assessment and are positioned on the PEAK Matrix based on evaluation across two key dimensions, including market success – measured by the number, scale and growth. The results were published in Everest Group’s report: Independent Testing Services – PEAK Matrix Assessment and Profile Compendium 2015.

“With business becoming more digital and systems becoming increasingly open and interconnected, the need for a comprehensive quality risk-assurance program is paramount,” said Chirajeet Sengupta, vice president, Everest Group. “Virtusa’s combination of in-depth architecture and technical expertise coupled with strong advisory capabilities resulted in its assessment as a Major Contender on the Everest Group 2015 Independent Testing Services PEAK Matrix.”

Virtusa is committed to a business first approach and focuses on close collaboration with its clients to identify what is important for their business. The company implements a series of accelerators, underpinned by its proprietary Virtusa Test Methodology and governed by robust SLAs and KPIs, which are directly linked to business outcomes. Its SLA based approach to quality management allows managed services projects to be built with multiyear discounts, long-term efficiency and true partnership with clients.

To learn more about Virtusa’s Independent Software Quality capabilities, please visit https://www.virtusa.com/services/independent-software-quality/perspective/

 

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

Contact
Matt Weaver
Global Head of Media Relations
(617) 275-6514
mweaver@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

Contact
Matt Weaver
Global Head of Media Relations
(617) 275-6514
mweaver@greenoughcom.com

 

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