WESTBOROUGH, Mass.--(BUSINESS WIRE)--Oct. 17, 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 is adding SAP S/4HANA® Cloud to its
service offerings.
SAP S/4HANA is SAP’s leading-edge cloud enterprise resource planning
(ERP) suite, allowing companies to get real-time views of their
businesses. SAP S/4HANA Cloud enables organizations to improve
efficiency of business processes through increased transparency,
automation, and quality. Solutions in the cloud ERP suite include
professional services cloud, finance cloud, and enterprise management
cloud.
Through this agreement, Virtusa will go to market with public cloud
solutions targeting the specific business needs of its clients in the
insurance, healthcare, life sciences, financial services, and media &
entertainment industries. Virtusa’s SAP S/4HANA solutions allow clients
to deliver simpler user experiences, improve operational efficiencies,
accelerate time to market, and open up opportunities for revenue growth.
“Virtusa has been a long-standing partner with SAP, and we are
strengthening that partnership by offering SAP S/4HANA Cloud,” said Jim
Francis, executive vice president of Healthcare, Insurance & Life
Sciences, Virtusa. “Many companies seeking to migrate to cloud-based
environments are expecting end-to-end solutions that require minimal
customization for their businesses. Virtusa is working to build and
deploy industry-focused extensions alongside SAP for rapid adoption and
to provide value quickly.”
Currently, Virtusa is working with SAP to help a leading healthcare
provider, running individual health centers, establish a unified
platform through SAP S/4HANA Cloud. Virtusa worked closely with SAP’s
Product Solution Center to enhance the client’s service delivery
experience and to supplement SAP’s public cloud product suite.
“Virtusa has deep industry expertise and an engineering heritage in
developing extensions. Virtusa is a natural fit to be a partner as the
company is a leader in delivering SAP S/4HANA Cloud for healthcare
companies,” said Fred Brady, global head of Alliances and Channels, SAP
S/4HANA Cloud. “We are excited to partner with Virtusa to offer SAP
S/4HANA Cloud to its focused industries.”
Virtusa is a long-established partner of SAP. The extension of this
partnership in offering SAP S/4HANA Cloud solutions is a natural next
step given SAP’s growth into cloud solutions and Virtusa’s engineering
heritage. Together, Virtusa and SAP will build out industry extensions
by leveraging combined experiences, the SAP® Cloud Platform, and SAP’s
digital innovation system, SAP Leonardo.
Virtusa’s cloud practice offerings include end-to-end migration
including discovery, plan, analysis, migration, and optimization with
program management oversight. Virtusa has successfully supported,
migrated and optimized SAP software landscapes for companies across
various industries by leveraging cloud and hybrid architecture
strategies.
For more information on Virtusa’s cloud computing services, visit http://www.virtusa.com/services/erp-offerings/perspective/
About Virtusa
Virtusa Corporation (NASDAQ GS: VRTU) is a
global provider of information technology (IT) consulting and
outsourcing services that accelerate business outcomes for Global 2000
companies and leading software vendors in banking and financial
services, insurance, healthcare, telecommunications, technology, and
media & entertainment.
Virtusa helps CXOs' address the dual challenge of growing revenues while
improving IT cost efficiencies. Virtusa's digital transformation &
innovation (DTi) solutions enable clients to reimagine the customer
experience, accelerate revenue growth and creating lasting business
value. The company’s operational excellence (OE) solutions help clients
reduce risk, improve operational efficiencies, and lower IT costs.
Virtusa delivers services across the IT lifecycle, including consulting,
solution design, technology selection, implementation, testing, and
maintenance, including infrastructure support. With a strong heritage in
software engineering, Virtusa is highly qualified to both develop and
maintain software, using a proven platforming methodology and advanced
Agile and Accelerated Solution Design techniques to reliably deliver
results on time and within budget.
Holding a proven record of success across industries, Virtusa readily
understands its clients' business challenges and uses its domain
expertise to deliver distinctive, differentiated and innovative
applications of technology to address its client critical business
challenges. Examples include building the world's largest P&C 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.
Through the acquisition of a majority interest in Polaris Consulting
Services Ltd. in March 2016, Virtusa has created a robust platform to
provide end-to-end solutions and services in banking and financial
services, strengthening its positioning as a top, global FinTech
services provider. Virtusa Corporation is headquartered in Massachusetts
and has 50 offices across North America, Europe and Asia.
Polaris Consulting & Services is a subsidiary of Virtusa Corporation.
Copyright © 2017 Virtusa
Corporation. All Rights Reserved.
SAP, SAP S/4HANA and SAP products and services mentioned herein, as well
as their respective logos, are trademarks or registered trademarks of
SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx
for additional trademark information and notices. All other product and
service names mentioned are the trademarks of their respective companies.
SAP Forward-looking Statement
Any statements contained in
this document that are not historical facts are forward-looking
statements as defined in the U.S. Private Securities Litigation Reform
Act of 1995. Words such as “anticipate,” “believe,” “estimate,”
“expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,”
“should,” and “will” and similar expressions as they relate to SAP are
intended to identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking statements.
All forward-looking statements are subject to various risks and
uncertainties that could cause actual results to differ materially from
expectations. The factors that could affect SAP's future financial
results are discussed more fully in SAP's filings with the U.S.
Securities and Exchange Commission ("SEC"), including SAP's most recent
Annual Report on Form 20-F filed with the SEC. Readers are cautioned not
to place undue reliance on these forward-looking statements, which speak
only as of their dates.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171017005133/en/
Source: Virtusa Corporation
Greenough
Amy Legere, 617-275-6517
alegere@greenough.biz