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TheStreet Open House

Virtusa Named To Global Services 100 List For Fifth Consecutive Year

Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad range of information technology services, including IT consulting, technology implementation and application outsourcing, announced today that it has been named to the 2012 Global Services 100 List (GS100) by Global Services, a leading media group. The GS100, which honored Virtusa in its 2012 list for the fifth 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. It is considered a benchmark for identifying service provider leadership because of its thorough evaluation and selection process.

The Global Services 100, now in its seventh year, is a tool for buyers of business and technology services to identify and select the right vendor. The study is done under the guidance of Neogroup, a globalization advisory firm. 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.

“We are honored to be recognized, once again, on the prestigious Global Services 100 List,” said Kris Canekeratne, chairman and CEO, Virtusa Corp. “Virtusa is committed to providing high value IT services that help our clients innovate faster through a set of best in class solutions that are delivered through our optimized global delivery model. This recognition is testament to our global team members who work judiciously to create compelling business value and competitive advantage for our clients.”

“The global service provider landscape is increasingly getting complex; but buyers are looking at vendors with scale, skill, or both in delivering business outcomes and not cost-savings alone,” said Ed Nair, editor, Global Services. “The companies on the Global Services 100 list have demonstrated their ability to deliver complex solutions and services, manage global customers, and sustain successful financial performance.”

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