Virtusa Corp Market Research Report

Company Overview

Name and Mission of the Company

Name: Virtusa Corp.

Mission: To combine logic, creativity, and curiosity to solve business challenges from the inside out, enabling transformation at scale and speed without disruption.

When Was the Company Founded and By Whom

No information is available

Key People in the Company

Santosh Thomas: CEO

Headquarters

Where is the company headquartered: No information is available

Number of Employees

Employees: 30,000+

Revenue of the Company

No information is available

What is the Company Known For

Virtusa is recognized for its innovative solutions in the field of digital transformation across a variety of industries, using its Engineering First approach. The company is known for helping clients leverage new technology paradigms to creatively build solutions that resolve pressing business challenges.

Products

What Products Do They Offer

suite of genAI-powered services, accelerators, and applications: Known as Helio, designed to achieve enterprise AI at scale.

Banking Solutions: Includes core banking system transformations.

Healthcare Technology Solutions: Innovative ERP and technology solutions aimed at the healthcare industry.

Hi-Tech and Consulting Services: Focuses on reducing development costs and exceeding customer expectations.

Digital Assurance Services: Combining classical and generative AI for quality assurance.

High-Level Description of the Product and Key Features

Helio: A comprehensive, generative AI-powered suite aiding enterprises in scaling AI operations.

Key Features: Automation, innovation facilitation, conflict resolution training, and enhanced AI-powered digital assurance efforts.

Banking Solutions: Enhancing banking operations via modernization of legacy systems using cloud-native technology and APIs.

Key Features: Infrastructure migration, cost efficiency, open banking enablement.

Healthcare Technology Solutions: ERP solutions for streamlining healthcare operations over the last 25 years.

Digital Assurance Services: Integrates AI approaches to enhance quality assurance strategies and processes.

Key Features: AI-driven testing, digital assurance analytics, optimization of service levels.

Recent Developments

What Are the Recent Developments in the Company

AI Initiatives: Participation in AI Applications for Growth programs and recognition in Generative AI Consulting and Implementation Services by Gartner.

Awards and Recognition:

2023 Artificial Intelligence Solution in Healthcare at the SIIA CODiE Awards.

HFS Horizons recognition in digital engineering services.

What Are the New Products Launched

No information is available

What Are the New Features Added to the Existing Products

Continuous Improvement in AI Tools: Incremental features in Helio for better handling of generative AI advancements, aiming at digital assurance and site reliability engineering.

Any New Partnerships

Strategic partnerships with major technology giants like Adobe, AWS, Google Cloud, Microsoft Azure, Pega, and Salesforce.

Signed a Strategic Collaboration Agreement with AWS to enhance cloud-based solutions.

Conclusion

Virtusa Corp leverages its Engineering First approach to deliver innovative solutions across industries, focusing on digital transformation and quality assurance through AI methodologies. The company's comprehensible partner ecosystem facilitates seamless transformations for its clients, keeping Virtusa at the forefront of technological advancements and industry best practices.