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Press Release

August 22, 2017

Virtusa Named Most Innovative Technology Company of the Year at the 2017 American Business Awards

Also wins Awards for Cloud and Provider Lifecycle Management Platforms

WESTBOROUGH, Mass., – (August 22, 2017)–Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients,today announced that it has been awarded three Stevie Award recognitions at the 2017 American Business Awards; a Gold award for Most Innovative Technology Company of the Year and two Bronze awards for New Product or Service of the Year – Software – Cloud Application/Service for the company’s Cloud Migration Factory and its Provider Lifecycle Management (PLM) platforms.

“We’re honored to receive these Stevie Awards in recognition of being one of the most innovative companies in the technology industry today,” said Chandika Mendis, global head of Engineering, Virtusa. “The platform we have created aims at elevating the engineering IQ of the organization, driving smart automation, and actively engaging every role within the SDLC to deliver exceptional performance through transparency and gamification. This philosophy has helped us drive engineering transformation initiatives for some of our largest clients, helping them create a culture ready to take on the disruptive innovation the market demands.”

In the Most Innovative Technology Company of the Year category, Virtusa was honored for its wide spectrum of proprietary tools, designed to spur innovation across systems development life cycle (SDLC) and DevOps to automate processes, empower employees, and augment productivity. These tools include InsightLive, which focuses on developer engagement to drive productivity and quality, and Centroid, its multi-channel digital automation solution. Additionally, the company received recognition for its V+ proprietary internal platform developed to transform the way one works, learns, shares, connects, and grows with colleagues and clients, ultimately improving business agility, productivity, and innovation.

As a Bronze winner for New Product or Service of the Year – Software – Cloud Application/Service, Virtusa was recognized for its Cloud Migration Factory and Provider Lifecycle Management (PLM) solutions. Cloud Migration Factory provides organizations with an effective strategy and journey for cloud migration, which focuses on improving business capability, at the same time reducing overall total cost of ownership. The factory uses proven automation tools and repeatable processes. Virtusa’s Provider Lifecycle Management (PLM) solution, powered by Salesforce and a Certified Fullforce solution, is built to reduce healthcare provider onboarding time while improving transparency, user experience, and satisfaction.

“Cloud computing is a paradigm shift and a catalyst in digital transformation,” said Amit Khanna, senior vice president, Cloud Practice, Virtusa. “We are honored to receive the Stevie award for our cloud capabilities. Virtusa has been helping its global clients successfully adopt cloud through a host of offerings, frameworks, and toolsets that streamline enterprise processes, increase operational efficiencies, lower costs, and drive business value.”

“The PLM platform addresses the many challenges payers face in prospecting, contracting, onboarding, credentialing, pricing configuration and servicing of providers. With differentiated features around robotic automation, pre-built Integrations, automated roster file management, and intelligent workflow management, the solution is one-of-a-kind in the market right now,” said Baskar Mohan, Healthcare practice leader, Virtusa.

 

This year’s awards were presented to Virtusa during the 15th Annual American Business Awards banquet on June 20, 2017 at the Marriott Marquis Hotel in New York City. For the complete list of award winners, visit: http://stevieawards.com/aba/stevie-award-winners-2017-abas

 

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



 

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



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