Virtusa’s vLifeTM Platform earns prestigious industry recognition
SOUTHBOROUGH, Mass. – (April 10, 2020) – Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, announced that its vLifeTM Platform was named a 2020 SIIA CODiE Award finalist in the Best Healthcare Technology Solution category. Finalists represent the best products, technologies, and services in software, information, and business technology.
Virtusa’s vLifeTM Platform is a large clinical data lake with APIs, microservices, pre-built artificial intelligence and machine learning models, visualization, and predictive tools available for client subscription. The data includes over one billion rows of public, synthetic, or acquired data from electronic health records, claims, clinical trials, government agencies, human genomes, and images. Its private and secure sandbox environment allows users to analyze private data and ideate and prototype custom solutions when building models to meet specific goals.
The SIIA CODiE Awards are the industry's only peer-recognized awards program. Business technology leaders, including senior executives, analysts, media, consultants, and investors, evaluate assigned products during the first-round review. Their scores determine the SIIA CODiE Award finalists, which accounts for 80% of the overall score. SIIA members then vote on the finalist products and the scores from both rounds are tabulated to select the winners.
“Virtusa’s cloud-based, data-driven vLifeTM platform accelerates the pace of innovation and streamlines operations in the healthcare and life sciences industries,” said Anthony Lange, SVP, healthcare and life sciences, Virtusa. “Vitusa’s vLifeTM Platform ranked as a finalist in the SIIA CODiE Awards in the Best Healthcare Technology Solution category reaffirms that our platform is working to address the data needs for life sciences and healthcare companies while helping lower the time and cost of development for novel solutions.”
“The 2020 CODiE Award finalists join a long and distinguished history of innovative products and services destined to transform the way we do business. We congratulate all of our finalists and look forward to seeing their impact across the B2B market for years to come,” said Jeff Joseph, president, SIIA.
The SIIA CODiE Awards are produced by the Software & Information Industry Association (SIIA), the principal trade association for the software, education, media, and digital content industries. Virtusa’s vLifeTM Platform was honored as one of 150 finalists across the 41 business technology categories. Business Technology category winners will be announced on May 18 during an online winner announcement ceremony.
To learn more about the Virtusa vLife TM Platform, please visit: virtusa.com/vlife
To learn more about all finalists, please visit: siia.net/codie/2020-Finalists
With growing need for smart medical devices, remote health monitoring solutions, shorter product development timelines, and regulatory compliance, medical device enterprises are increasingly leveraging digital technologies to achieve higher revenue and remain competitive. To fulfill these objectives, they need to partner with the right service providers. While providers are also ramping up their capabilities by entering into life sciences-specific partnerships and acquisitions, they lay limited emphasis on the medical devices industry.
Virtusa's vLife Platform was named a 2020 SIIA CODiE Award finalist in the Best Healthcare Technology Solution category. Finalists represent the best products, technologies, and services in software, information, and business technology.
Virtusa’s vLife Platform is a large clinical data lake with APIs, microservices, pre-built artificial intelligence and machine learning models, visualization, and predictive tools available for client subscription. The data includes over one billion rows of public, synthetic, or acquired data from electronic health records, claims, clinical trials, government agencies, human genomes, and images. Its private and secure sandbox environment allows users to analyze private data and ideate and prototype custom solutions when building models to meet specific goals.
Virtusa named the winner of Gold Stevie® Awards in three categories in The 16th Annual International Business Awards®. The three Virtusa winning nominations include:
- Redefining the Banking and Financial Services Business Models: Virtusa's Open Innovation Platform is a Game Changer in Attacking the Digital Disruption Journey in the Platform as a Service category.
- Virtusa's AIRIS DevOps solution in the DevOps Solution Category.
- Virtusa's vLife™ platform in the Best New Product or Service of the Year - Health & Pharmaceuticals - Product category.
Virtusa won Frost & Sullivan's 2014 Global System Integration in Healthcare Product Line Strategy Leadership Award. The Global Product Line Strategy Leadership Award recognizes a company's inordinate focus on providing high-value IT services that enable its clients to enhance business performance, accelerate time to market, increase productivity and improve customer service, while building and sustaining application platforms for its clients that create a clear competitive advantage. Virtusa was assessed across 5 key parameters for both product line strength: breadth, scalability, technology leverage, features and supply chain reliability and customer impact: price and performance value, customer purchase experience, customer ownership experience, customer service experience and brand equity.
Virtusa was named as a Major Contender in the healthcare payer IT outsourcing PEAK Matrix by Everest Group, an advisory and research firm on global services. Virtusa has been awarded this recognition for its significant focus on industry-specific solutions and strong service capabilities.
Virtusa named as a Finalist in the Fierce Innovation Awards (Healthcare Edition). The company was recognized as a key player in the mHealth and telemedicine category for its Virtusa Medication Adherence framework, a comprehensive solution that influences every step of the medication therapy.
Virtusa has won Frost & Sullivan's Customer Value Leadership Award for Enterprise Content Management Systems Integration in Healthcare. Recognized for rendering operational excellence through its integrated technology solutions for healthcare management, providing enhanced value with a holistic customer experience management program, and ensuring customer return on investment (ROI).