@virtusa.com
Virtusa helps business move forward, faster by combining deep industry expertise and frictionless technology delivery.
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About
Description
Virtusa Corporation is an American technology services company headquartered in Southborough, Massachusetts. The company was founded in 1996 by Kris Canekeratne, Tushara Canekeratne, John Gillis, and Jeanne Hayes. Virtusa initially started as an information technology services provider, catering to clients in the banking and financial services sectors.
Virtusa offers a wide range of products and services to its clients. Their service offerings include digital strategy, user experience design, application development, testing, and managed services. They also provide technology consulting, data management, cloud computing, and cybersecurity solutions.
Virtusa has expertise in various industry verticals including banking, insurance, healthcare, telecommunications, and media. On a global scale, Virtusa operates in several countries including the United States, Canada, India, the United Kingdom, and Germany. The company has established its presence through a combination of organic growth and strategic acquisitions.
Notably, in 2007, Virtusa acquired InSource, a software solutions provider. This acquisition expanded their capabilities and enlarged their customer base. In terms of market position, Virtusa is recognized as a leading global provider of digital business transformation solutions.
It has established itself as a trusted partner for many Fortune 500 companies. In 2020, Virtusa reported annual revenue of $1. 2 billion.
It faces competition from other global IT services companies such as Accenture, Cognizant, and Infosys. Virtusa has experienced significant growth and success in recent years. In 2019, the company was recognized by Everest Group as a leader in banking services.
They have made advancements in emerging technologies including artificial intelligence and machine learning. Additionally, Virtusa has expanded its product lineup with the launch of their BlueSpace platform, which provides intelligent automation capabilities. As of the latest available information, Virtusa was acquired by Baring Private Equity Asia in December 2020.
This acquisition has made Virtusa a privately-held company. The company continues to operate under the Virtusa brand and is focused on delivering innovative digital solutions to its global client base
Company Type
Privately Held
Company Size
10,001+
Year Founded
1996
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