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Press Release

February 10, 2016

Virtusa Corporation Recognized as a Major Contender in Everest Group's PEAK Matrix for Digital Services

Company’s differentiated approach enables its clients to deliver compelling digital experiences

WESTBOROUGH, Mass., – (February 10, 2016) – Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced it has been named a “Major Contender” for Digital Services by Everest Group, an advisory and research firm on global services.

Issued annually, the Everest Group study measures service providers on their proprietary Performance, Experience, Ability and Knowledge (PEAK) Matrix™. The 2015 PEAK Matrix for digital services, which evaluated 18 global ITO providers, is based on Everest Group’s annual RFI process conducted in Q2 2015, interaction with leading service providers, and year-round tracking of digital service providers.

“We are delighted to be recognized as a Major Contender on the Everest Group PEAK Matrix for Digital Services,” said Frank Palermo, executive vice president, Global Digital Solutions Group, Virtusa. “Technology continues to advance at a rapid rate and many enterprises are still struggling to keep up with the pace and complexity of this change. To effectively leverage emerging technologies for higher business value, it is imperative that they have the right partner to support their digital programs. This recognition reinforces our positioning as a leading digital services provider helping enterprises re-imagine their business, accelerate innovation and deliver memorable experiences to their customers.”

The PEAK Matrix is a framework to assess the relative market success and overall capability of service providers. Virtusa was positioned on the PEAK Matrix Major Contenders category based on evaluation across two key dimensions: market success measured by the digital services revenue, growth, and enterprise adoption; and delivery capability measured by digital services scale, scope, domain expertise and innovation, delivery footprint, and buyer satisfaction.

Virtusa provides strategic digital solutions and services across a wide spectrum of industries, which are designed to help companies transform their businesses, expand their addressable market and increase revenues. Virtusa helps enterprises to implement digital technologies to support their internal as well as external facing requirements through an accelerated pace leveraging our proven platforms, solutions, jump start kits and partnerships with some of the leading technology vendors. Whether re-imagining banking experiences through an omni-channel digital banking solution, redefining the way Insurers connect with their customers through unique next-gen mobile solution, enhancing end-user experience in the hospitality and travel industry, or transforming patient experience in the healthcare industry through innovative mobile solutions, Virtusa has built industry aligned solutions and platforms that are helping our clients in their digital transformation journey.

In addition to the PEAK Matrix recognition, Virtusa’s Digital Services have also won other recognitions and awards including HfS Blueprint reports on Mobility and Internet of Things (IoT) and Adobe Marketing Cloud Innovation award among others.

For the full report, click here: https://research.everestgrp.com/Product/EGR-2015-4-R-1634/Digital-Services-PEAK-Matrix-Assessment-and-Profile-Compendium

To learn more about Virtusa’s Digital Services Practice, visit: https://www.virtusa.com/services/

 

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:

Alex Nickols
Edelman
+1 (415) 430-8056
Alex.Nickols@edelman.com

Contact:
Ron Favali
Conversion Marketing
ron@conversionam.com
727-512-4490



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