Report

Virtusa named “Niche Player” in first ever Gartner® Magic Quadrant™ for Custom Software Development Services, Worldwide

Ram Meenakshisundaram,

Chief Technology Officer

Published: November 22, 2022

Virtusa has been positioned by Gartner in the “Niche Players” quadrant of the 2022 Gartner Magic Quadrant for Custom Software Development (CSD) Services. The evaluation for this first-of-its-kind Magic Quadrant was based on specific criteria based on it Ability to Execute and Completeness of Vision. Gartner defines the market for CSD Services as the development of customer applications and software products specifically for an organization to satisfy its unique business needs.

Virtusa named “Niche Player” in first ever Gartner® Magic Quadrant™ for Custom Software Development Services, Worldwide

Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables business leaders to get the most from market analysis in alignment with their unique business and technology needs.

We consider our positioning in the Niche Player quadrant by Gartner as validation of our mission to enable our customers to change and disrupt markets through innovative engineering. We are proud to be recognized in this inaugural edition of Gartner Magic Quadrant for Custom Software Development Services. We believe our deep domain expertise in this space will continue to set us apart in what many see as a nascent service offering. Whereas other partners are good at rationalizing systems and taking orders, at Virtusa we truly build and create custom solutions unique to the needs of each organization.  With more than 11,000 domain experts across banking and financial services, insurance, healthcare, life sciences, communications & media, as well as over 1,000 cloud-trained engineers and SaaS consultants, we are excited to further demonstrate our expansive CSD Services for our partners and customers while continuing to train and upskill our employees, whose best-in-class support embody Virtusa’s promise to help our customers achieve transformational change at speed and scale.  

Businesses have an insatiable appetite for digital transformation and are continuously looking to punch above their weight class; at Virtusa, we’re committed to building software that will increase the effectiveness of our customers’ business and differentiate them in competitive markets.

We believe our CSD Services approach helps organizations accelerate their tech innovation and leverage disruptive technologies to deliver value while allowing for custom agile solutions satisfying specific, unique business needs. Whether unifying businesses’ microservices with Pega Process Fabric or providing real-time visibility and traceability across the manufacturing value chain through our WiSMO 2.0 (Where is My Order?) solution, we combine design thinking and digital engineering to reduce the time and costs associated with identifying, evaluating, and delivering new technologies to create a competitive advantage for our clients.

We thank our customers, employees and partners for enabling us to achieve these meaningful success milestones.

[1] Source: Gartner, “Magic Quadrant for Custom Software Development Services, Worldwide,” Luis Pinto, Gunjan Gupta, Jaideep Thyagarajan, Deacon D.K Wan, Brett Sparks, November 17, 2022.

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View the Gartner Magic Quadrant report

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