Press Release

January 14, 2016

Virtusa Recognized by HfS Research as a High Performer in the IoT Services Market

Positions the company’s strong capabilities towards IoT enabling enterprises

WESTBOROUGH, Mass., – (January 14, 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, has been named a High Performer in the HfS Blueprint Report: IoT Services 2015. As a High Performer in the Blueprint rating, where service providers were rated across their innovation and execution skills, Virtusa’s IoT practice was recognized for its innovative capabilities, vision and investments. HfS Research is a leading independent analyst authority and community for the global business services and outsourcing industry.

“It’s an honor to be recognized by HfS Research as a High Performer for our capabilities in the exploding Internet of Things marketplace,” said Frank Palermo, executive vice president of the Global Digital Solutions Group at Virtusa. “We have created a rich set of IoT offerings and frameworks to provide our clients the ability to rapidly explore the power of the IoT and then quickly integrate it into their products and services to meet the demands of the ever-changing technology landscape.”

Virtusa’s IoT approach is based on the SMART framework which enables organizations to successfully adopt and implement IoT through a holistic, business-driven approach and a strong focus on operational excellence. Leveraging its SMART consulting offering, strong design thinking capabilities and rich engineering heritage, Virtusa supports enterprises across the telecom, healthcare, manufacturing, retail, media, financial services and insurance industries, in their efforts to develop and imagine their businesses using IoT-based solutions. The company is a strong choice for those in the early stages of exploring IoT, for whom security is paramount and who want a partner who will co-invest and support them in their journey of adopting and integrating IoT into their business operations. The company’s SkyLab platform, which helps in the rapid prototyping of new applications, is today at the center of a thriving IoT ecosystem consisting of academia, partners, enterprises, and start-ups.

Virtusa’s IoT practice is supported by the company’s consultants, who ensure clients experience enablement, connectivity, integration and management critical to take advantage of the business benefits of IoT solutions.

HfS Research is a market research and analyst firm that serves the research, governance and services strategy needs of business operations and IT leaders across finance, supply chain, human resources, marketing and core industry functions.

Virtusa has been in the forefront of delivering innovative solutions to its clients. It has won numerous recognitions and accolades for its ability to support clients in their innovation and business transformation journey. The recognition by HfS is one of the many accolades Virtusa has received during the past year.

To view the HfS Blueprint Report: IoT Services 2015 study, visit:

For more information on Virtusa’s IoT services, visit:


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
+1 (415) 430-8056

Ron Favali
Conversion Marketing

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