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TheStreet Open House

Virtusa Ranked In Globe 100 List As One Of Massachusetts’ Best-Performing Corporations

Stock quotes in this article: VRTU

Virtusa Corporation (NASDAQ: VRTU), a global IT services company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it is ranked in the 25th annual Boston Globe “Globe 100 List” for the second consecutive year. Each year, The Globe 100 ranks Massachusetts companies based on how well they increased sales, profits and returns for shareholders in the previous year. Virtusa was ranked number 27 on the list, moving up 15 spots from 2012 when it was ranked number 42.

“We are delighted to be recognized for the second consecutive year among Massachusetts’ best performing companies,” said Kris Canekeratne, chairman and CEO of Virtusa. “The Globe 100 recognition validates Virtusa’s leadership role in helping our clients transform their businesses, improve their consumer experience and launch millennial products and services. Our strong growth is a direct result of the confidence and trust our clients have placed in Virtusa coupled with the extraordinary commitment and dedication of our global account teams who work passionately to accelerate the launch of new products and services.”

The 25th annual Globe 100 honors companies that delivered exceptional financial results during 2012. This year’s list includes Massachusetts’ best-performing companies – organizations that contributed substantially to the resurgence and well-being of the local Massachusetts economy. The list continues to be dominated by the technology, biotechnology and telecommunications sectors.

“As it always has, the Globe 100 list reflects the dynamic nature of business not only in Massachusetts but also the world,” said Steve Syre, Boston Globe business columnist and editor of the 2013 Globe 100 Magazine. “Several companies on this year’s list did not even exist when it debuted in 1989. In fact, it’s quite possible those companies employ people who weren’t even born in 1989.”

As a top-performing Massachusetts company, Virtusa has garnered a reputation for implementing innovative programs and practices in order to engage its Millennials, who make up 86 percent of its global workforce. Virtusa regularly solicits feedback from team members through surveys, hands out monthly and quarterly awards, uses a Communications Framework platform to improve communication between team members and its leadership team, and has built a custom internal social network where Virtusans can interact and collaborate.

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