VirtusaPolaris Wins Three Stevie Awards At The 2016 International Business Awards

VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of information technology (IT) consulting and outsourcing services, today announced it has been awarded three Stevie recognitions at the 13 th Annual International Business Awards. Sara, its virtual personal risk advisor software solution and its Global Technology Office (GTO) won silver awards, and its investor relations team received a bronze recognition. The International Business Awards are the world's premier business awards program.

The Sara solution received its recognition for the Best New Product or Service of the Year Stevie Award category. Sara provides an end to end perspective on art of the possible for buying insurance via a cognitive virtual agent. The solution is powered by artificial intelligence, machine learning, and natural language processing and is designed to make it easier for consumers to navigate the world of insurance.

"The insurance industry is currently being influenced by cognitive computing and Sara is the culmination of this new innovation as it provides insurance organizations with a new, cost-effective method to drive new customer acquisition and improve customer experience," said Adam Gabrault, vice president & global head - Mobile & AI, VirtusaPolaris. "We are excited Sara has been recognized with a Stevie Award as this solution is poised to revolutionize how one buys insurance."

In the IT Team of the Year category, the Global Technology Office (GTO) of VirtusaPolaris was recognized for using innovative solutions to fulfill its mandate of driving engineering excellence and innovation. GTO's continuous pursuit towards innovation aims at providing impactful technological frameworks at every stage of the SDLC and DevOps to accelerate solution delivery and optimally capitalize on the talent pool. GTO's innovative tools and frameworks, including InsightLive, Centroid, Tempo and Accello have benefited many clients and have proven to significantly improve quality and productivity while accelerating time-to-market.

"The work at GTO revolves around three main themes - engaging the millennial workforce, connecting the development teams to client objectives and accelerating every phase of the SDLC," said Chandika Mendis, executive vice president and global head of engineering - GTO, VirtusaPolaris. "We are honored to receive this Stevie Award. We've seen tremendous results from our approach in terms of creating a truly digital workplace and driving a culture of innovation and engineering excellence among our teams that can accelerate business outcomes for our clients."

VirtusaPolaris was also a winner for Investor Relations in the Communications or PR Campaign/Program of the Year category. VirtusaPolaris was recognized for its comprehensive and deep engagement with investors and the financial community, providing transparency and extensive information in terms of stock coverage and pricing. VirtusaPolaris was also recognized for the execution of its acquisition of Polaris Consulting & Services.

"We extend our congratulations to VirtusaPolaris for this achievement. This year's IBA judges were treated to many remarkable and inspiring stories of achievement around the world," said Michael Gallagher, president and founder of the Stevie Awards. "We look forward to sharing many of these stories with people around the world over the coming months, through the Stevie Awards blog and social media channels, with the hope that they will inspire and instruct the next generation of business achievers."

VirtusaPolaris was presented with this year's awards on October 21, 2016 during a gala banquet at the Rome Cavalieri Waldorf Astoria Hotel in Rome.

About VirtusaPolarisVirtusaPolaris, the market-facing brand reflecting the combined strengths of Virtusa Corporation and Polaris Consulting & Services, Ltd. is a global provider of information technology (IT) consulting and outsourcing services that accelerate business outcomes for Global 2000 companies and leading software vendors in banking and financial services, insurance, healthcare, telecommunications, technology, media and entertainment.

VirtusaPolaris' solutions address the CXOs' dual challenge of growing revenues while improving IT cost efficiencies. VirtusaPolaris' digital services leverage innovative new technologies to reimagine the customer experience, increasing retention and creating lasting value. VirtusaPolaris' preemptive outsourcing solutions help clients reduce risk and improve IT operations.

VirtusaPolaris delivers services across the IT lifecycle, including consulting, solution design, technology selection, implementation, testing and maintenance & support, including infrastructure support. Inheriting a strong heritage in software engineering, VirtusaPolaris is highly qualified to both develop and maintain software, using a proven platforming methodology and advanced Agile and Accelerated Solution Design techniques to reliably produce results on time and within budget.

Holding a record of success across industries and unparalleled domain expertise, VirtusaPolaris understands clients' business challenges best and uses that to deliver distinctive, differentiated and innovative application of technology to solve those problems. Examples of large business transformations completed include the world's largest P&C claims modernization program, one of the largest corporate customer portals for a premier global bank, an order to cash implementation for a multinational telecommunications provider, and digital transformations for media and banking companies.

Virtusa Corporation is headquartered in Massachusetts, and together with Polaris, has 50 offices across North America, Europe and Asia.

Polaris Consulting & Services is a subsidiary of Virtusa Corporation. Copyright © 2016  Virtusa Corporation . All Rights Reserved.

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