Virtusa helps chief executive officers (CXOs) at their client organizations, including the chief information officers (CIOs), chief technology officers (CTOs), chief operating officers (COOs), and chief digital/ marketing officers (CDOs/ CMOs) solve their most critical issues, including reducing total cost of ownership, accelerating time‑to‑market, increasing productivity, improving innovation velocity, expanding into adjacent markets and/or new revenue segments, and enhancing the customer experience delivered by their organizations. Their digital engineering services (DES) support their clients’ business growth imperative by delivering targeted and differentiated solutions that help their clients expand their addressable markets, as well as develop go‑to‑market strategies supporting new revenue streams.
Virtusa also has a cloud‑based, open innovation platform (“OIP”) that offers its clients discrete technology solutions that enable them to accelerate time to market and provides them with an experimentation sandbox they can use to test and evaluate new products and services. Today, their xLabs’ team has built and delivered innovative solutions using open application programming interface (“API”) platforms, microservices frameworks, and blockchain.
To improve IT efficiencies and reduce the cost of IT operations, they use their operational excellence services (OES) to help their clients consolidate applications into platforms, rationalize IT infrastructure, and deliver transformational, industry‑focused solutions, thereby enabling their clients to deliver modern, efficient, and agile enterprise application platforms. Their deep expertise in core technology services allows them to help their clients to lower the total cost of ownership of their overall IT investments. They also combine industry specialization with their core services to deliver high‑impact solutions in critical business functions that help their clients transform their business performance and gain competitive advantage.
As part of their DES solutions, they provide end‑to‑end consulting, user experience design, technology selection, and implementation and support services. This allows their clients to understand emerging consumer demand in their markets of operation and develop, and execute to, a roadmap to transform their business and enhance their competitive differentiators.
They have invested in developing deep capabilities in these new areas, fostering a strong partner ecosystem, and building a rich platform for nurturing innovation and rapidly constructing prototypes that use IoT, AI, and/or RPA to solve specific business problems for their clients. They have created innovation centers focused on certain technologies like IoT, AI, and ML, which offer a robust ecosystem for clients to participate and innovate in creating new solutions to their business challenges.
Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of Digital Business Transformation, Digital Engineering, and Information Technology (IT) outsourcing services that accelerate their clients’ journey to their Digital Future. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Telecommunications, Media, Entertainment, Travel, Manufacturing, and Technology industries.
Using a combination of digital strategy, digital engineering, business implementation, and IT platform modernization services, Virtusa helps clients execute successful end-to-end digital business transformation initiatives.
Holding a proven record of success across industries, Virtusa understands its clients' business challenges and uses its domain expertise to deliver innovative applications of technology to address them. Examples include building the world's largest property and casualty claims modernization program; one of the largest corporate customer portals for a premier global bank; an order to cash implementation for a multinational telecommunications provider; and digital transformation initiatives for media and banking companies.
Founded in 1996 and headquartered in Massachusetts, Virtusa has operations in North America, Europe, and Asia.