Virtusa Named to Prestigious Global Services 100 List for Sixth Consecutive Year

Westborough, MA - 18 February 2014

Company honored for driving IT innovation and leadership using enhanced global delivery model 

Virtusa Corporation (NASDAQ: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has been named to the 2013 Global Services 100 List (GS100) by Global Services, a leading media group. The GS100, which honored Virtusa in its 2013 list for the sixth consecutive year, represents companies that demonstrate excellence in delivering IT outsourcing (ITO) and business process outsourcing (BPO) services globally using matured models of service delivery.

"We are honored to be named to the 2013 Global Services 100 list for the sixth consecutive year,” said Kris Canekeratne, chairman and CEO of Virtusa. “Enterprises are facing unprecedented opportunities to innovate and expand their addressable market while transforming and improving the efficiencies of their business-as-usual operation. Virtusa provides highly targeted business consulting and IT outsourcing services that help our clients grow their revenue while also improving IT efficiencies. This recognition is the result of our leadership position in the industries we serve, the value we provide our clients, and the innovative excellence of our global team members.”

“The global services market environment has been dynamic,” said Ed Nair, editor, Global Services. “While technology budgets continued to be constrained, organizations were clamoring to re-orient their IT and process management practices to include mobility, cloud, analytics, and social media. The GS100 service providers are the ones to quickly adjust to this new reality; the big differentiator is that these companies demonstrate the ability to deliver business outcomes.”

The Global Services 100, now in its eighth year, is a tool for buyers of business and technology services to identify and select the right vendor. The GS100 analytical model is based on four key criteria: performance and leadership, quality and maturity of customers, breadth of services offered, and spread of global delivery capabilities.

Over the past year, Virtusa has been recognized all over the globe with numerous awards, including Frost & Sullivan’s 2013 Customer Value Leadership Award and a number of “Best Employer” awards in the U.S., Britain, India and Sri Lanka including a Silver Stevie® Award for ‘Human Resource Department of the Year’ and the Golden Peacock Award for HR Excellence. The company was also named to Britain’s Top Employers list and The Boston Globe’s Globe 100, in addition to being recognized with a Pegasystems Partner Excellence Award for ‘Thought Leadership in Legal Services.’ Additionally, Virtusa was honored with Everest PEAK Matrix ratings for Banking AO and IT Outsourcing in Healthcare Payer and Life Sciences industries.     

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