SOUTHBOROUGH, Mass.--(BUSINESS WIRE)--Dec. 18, 2018--
Virtusa
Corporation (NASDAQ GS:VRTU), a global provider of digital strategy,
digital engineering, and IT outsourcing services that accelerates
business outcomes for its clients, announced today that the Boston
charter of TiE (The Indus Entrepreneurs) has recognized Kris
Canekeratne, Chairman and CEO of Virtusa, with an award for his role in
leading Virtusa to its status as a premier provider of business to
business solutions, at its 2018 Entrepreneurship Awards gala.
TiE Boston’s Entrepreneurship Awards program recognizes individuals who
have created or shaped a category through a significant contribution
that is deemed “mission critical” to the innovation economy and have
contributed to the development of the community with their time,
resources, guidance, and mentorship. The 2018 Entrepreneurship Awards
program distinguishes those who have significantly contributed to one of
the following categories: Digital Health, B2B Solutions, B2C Solutions,
Venture Capital, Robotics and Automation.
“I’m delighted to receive this award on behalf of Virtusa from TiE
Boston. While we are a billion dollar plus leader in Digital Engineering
Services, our ethos embodies entrepreneurship and innovation. From our
inception two decades ago, we have been driven to deliver innovative B2B
solutions that have a material impact on our clients’ top and bottom
line performance. Today, much of our focus is on helping global players
undergo digital transformations built on digital-first infrastructures
and seamless customer interfaces. By fully leveraging our deep digital
engineering competencies and domain expertise we are able to move our
clients from Digital as a cost of doing business to making it a
competitive advantage. As a result, we have become the partner of choice
for major global brands committed to embracing Digital as a key tenet of
their go-forward strategy,” said Kris Canekeratne, chairman and CEO,
Virtusa.
“We are honored to be recognized as a significant contributor to the
vibrant entrepreneurial community in Boston. Much of our success,
particularly in the early days, can be directly attributed to the people
and resources available to us here in the Boston area,” he added.
Founded in 1996, Virtusa is the reflection of Kris’s passion for
technology and his groundbreaking vision for the future of the IT
industry, pioneering the paradigm shift from labor arbitrage to an
innovation-driven, client-centric solutioning approach. As a result of
these efforts, Virtusa has become a leader in B2B solutions, delivering
value to clients by not only helping them become more operationally
efficient, but also by helping them deliver greater value to their
customers through technology and business innovation. Over the years,
Virtusa has successfully expanded its geographic and service footprint
and, as a testament to its success, has had a consistent,
industry-leading growth trajectory. Virtusa has received numerous
globally renowned accolades for its vertical-specific, cutting-edge
innovation capabilities and thought leadership in digital engineering.
In March 2018, it announced that it reached the important milestone of
entering the $1 Billion in annual revenue league.
About TiE Boston
TiE
Boston connects tomorrow’s founders with today’s entrepreneurs,
executives and venture capitalists. Founded in 1997 by entrepreneurs who
emigrated from the Indus region, TiE Boston champions inclusion in
innovation by blending the fundamentals of entrepreneurship with
traditional Indian values that place importance on community, mentorship
and long-term relationships.
TiE Boston is one of the region’s largest and oldest organizations
supporting the Massachusetts entrepreneurial ecosystem, focused on
supporting entrepreneurs throughout their lifecycle — from ideation to
creation, through growth, wealth creation and ultimately, support of
future founders.
The TiE Boston community encompasses students, founders, experienced
entrepreneurs, angel investors and venture capitalists. Its programs
foster trusted, long-term relationships between its participants — span
education, mentoring, networking and funding.
For more information about TiE Boston, visit boston.tie.org.
About Virtusa Corporation
Virtusa Corporation (NASDAQ GS:VRTU) is a global provider of Digital
Business Transformation, Digital Engineering, and Information Technology
(IT) outsourcing services that accelerate our 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.
Virtusa engages its clients to re-imagine their business models and
develop strategies to defend and grow their business by introducing
innovative products and services, developing distinctive digital
consumer experiences, creating operational efficiency using digital
labor, developing operational and IT platforms for the future, and
rationalizing and modernizing their existing IT applications
infrastructure. As a result, its clients are simultaneously able to
drive business growth through digital-first customer experiences, while
also consolidating and modernizing their IT application infrastructure
to support digital business transformation.
Holding a proven record of success across industries, Virtusa readily
understands its clients' business challenges and uses its domain
expertise to deliver innovative applications of technology to address
its clients’ critical business challenges. Examples include building the
world's largest property & 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.
© 2018 Virtusa Corporation. All rights reserved.
Virtusa, Accelerating Business Outcomes, BPM Test Drive and
Productization are registered trademarks of Virtusa Corporation. All
other company and brand names may be trademarks or service marks of
their respective holders.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181218005411/en/
Source: Virtusa Corporation
Amy Legere
Greenough
alegere@greenough.biz
(617)
275-6517