VirtusaPolaris recognized in Gartner Market Guide for Blockchain Consulting and Proof-of-Concept Development Services
May 18 2017 - 10:00AM
Business Wire
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, has been included as a representative vendor
in Gartner’s Market Guide for Blockchain Consulting and
Proof-of-Concept Development Services. The report, published on
February 22, 2017, explores options for understanding applicability
and the potential impact of blockchain for organizations, and how
they can identify potential partners.
According to Gartner, “the pool of experienced service providers
for blockchain initiatives is small; it is particularly difficult
to find service providers with experience in applying blockchain
outside of financial services. Eighty percent of enterprise
blockchain initiatives referred to in this research are in the
banking and insurance service industry.”
“VirtusaPolaris’ inclusion in the Gartner Market Guide
reinforces our position as a company leading the way in an
emerging, still immature marketplace,” said Senthil Ravindran,
Executive Vice President & Global Head, Fintech Lab, Banking
and Financial Services, VirtusaPolaris. “Disruptive technologies
like Blockchain bring forth tremendous opportunity as well as
challenges. We have partnered with several forward-looking banks to
help them leverage blockchain technology. Also, our lab works with
cutting-edge technology firms to address the gaps in blockchain
technology like privacy, scalability, etc.”
Leveraging its 25 years of experience and expertise in the
banking and financial services industry, VirtusaPolaris has been
helping banks and financial institutions accelerate their
innovation process and effectively meet the challenges of digital
disruption. The Blockchain Exploration Center, which is part of our
FinTech Lab, provides an environment for our customers to ideate,
run experiments and quickly turn ideas into MVPs (Minimum Viable
Products). VirtusaPolaris has partnered with several technology
companies, including DistributedID, Signix, Token.io, Chain.com,
and Coins.ph for its blockchain-related solution offerings.
Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose. For more
information and to access the report (subscription required):
www.gartner.com/
https://www.gartner.com/doc/3615133/market-guide-blockchain-consulting-proofofconcept
About VirtusaPolaris
VirtusaPolaris, 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 © 2017 Virtusa Corporation. All Rights
Reserved.
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GreenoughAmy Legere, 617-275-6517alegere@greenough.biz
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