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Press Release

August 24, 2016

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 platformTo learn more about VirtusaPolaris's Telecom capabilities, please visit: https://www.virtusa.com/industry/communications/

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 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.

 

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Edelman
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