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September 21, 2017

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

WESTBOROUGH, Mass.,  (September 21, 2017) Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, today announced it has been named a Major Contender in Independent Testing Services by Everest Group, a global services advisory and research firm. The 2017 PEAK Matrix for Independent Testing Services is based on the evaluation of 22 global independent testing service providers across four major parameters: performance, experience, ability, and knowledge.

Our experience of working with thousands of product releases in cost-constrained environments has helped us adopt innovative and one-of-a-kind testing services solutions, said Chinthi Weerasinghe, vice president, Independent Validation Services, Virtusa. Virtusa is renowned for delivering superior quality, faster test cycle execution, and lower testing costs due to our differentiated approach to testing services, resulting in agile solution delivery and faster time to market. We are delighted to be recognized by Everest Group as a Major Contender in independent testing services as we continue to leverage next-gen digital technologies to help our clients respond to market and business changes quickly and efficiently.

Virtusa is positioned as a Major Contender for its comprehensive testing service offerings, continued investments in test automation tools, developing robust testing capabilities leveraging artificial intelligence (AI), cognitive technologies, and proprietary solutions, and partnerships with niche product vendors. The report also cites Virtusa's domain expertise and innovation capabilities supported by a range of digital accelerators and tools that compress the development lifecycle of multi-faceted complex engagements. These accelerators include:

  • VTAF, Virtusa's award-winning test automation framework, a game-changing solution introducing tool agnostic language-based automation scripts
  • VOTX, an automation tool for FIX and FAST protocols
  • Centroid, an RPA based end-to-end test automation tool
  • TestGAM, an automation tool for demand and capacity management
  • OSCAr, a black box test designing accelerator ensuring maximum test coverage
  • Service transformation, an intuitive virtual assistant to process data from defects, production tickets, and historical data that provides insights for test design and prioritization

Leveraging its strong automation, analytics and cognitive capabilities, Virtusa has developed a comprehensive set of quality assurance (QA) tools, accelerators, and frameworks that has enabled it to be the next-gen QA partner for global businesses.Some notable achievements include:

  • Setting up of a centralized Test Center of Excellence (TCoE)for a client providing customer engagement and loyalty programs to drive efficiency, increase service maturity, and reduce cost (30 percent cost reduction on Day 1 and 60 percent in Year 1)
  • Designing and executing a progressive test automation plan with 95 percent coverage across Sales & Distribution workflow for a global bank headquartered in the United States

The Everest Group PEAK Matrix Report for Independent Testing Services presents the assessment and detailed profiles of 22 IT service providers featured on the independent testing services PEAK Matrix. Everest Group's PEAK Matrix is a composite index of a range of distinct metrics related to a service provider's scale, scope, technology/domain investments, delivery footprint, and resultant market success in the context of a given services function.

To access the full report, visit:

http://www2.everestgrp.com/reportaction/EGR-2017-4-R-2170/Marketing

To learn more about Virtusa's Independent Validation Services practice, visit:

https://www.virtusa.com/services/independent-validation-services/perspective/

 

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:

Matt Berry
Conversion Marketing
(201) 370-9133
matt@conversionam.com

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



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