Virtusa Named a Visionary in Magic Quadrant for IT Services for Communications Service Providers, Worldwide
October 03 2019 - 9:00AM
Virtusa Corporation (NASDAQ GS:VRTU), a global provider
of digital strategy, digital engineering and IT services and
solutions that help clients change and disrupt
markets through innovation engineering, announced that it has
been named a Visionary in the Gartner Magic Quadrant for IT
Services for Communications Service Providers, Worldwide.1
This Magic Quadrant helps communications service providers
identify and evaluate suppliers to meet their IT services needs for
both digital business transformation and traditional telecom IT.
Gartner determines each vendor’s position by evaluating them
against ability to execute and completeness of vision. The criteria
for ability to execute included product or service, overall
viability, sales execution/pricing, market responsiveness/record,
marketing execution, customer experience and operations. The
criteria for completeness of vision included market understanding,
marketing strategy, sales strategy, offering (product) strategy,
business model, vertical/industry strategy, innovation and
geographic
strategy. “Businesses
today require transformational change at a scale and speed that
defies traditional ways of working,” said Kris Canekeratne,
chairman and CEO, Virtusa. “Virtusa’s intense industry focus
combined with our deep digital engineering expertise helps
communications service providers change, disrupt and unlock new
value. We believe this recognition from Gartner validates this
strategy.”
Virtusa’s approach is differentiated through agile engineering
teams empowered to move businesses forward by leveraging Virtusa’s
suite of accelerators, tools, gamified continuous integration and
continuous delivery and microservices.
“Communications service providers are facing increasing pressure
to deliver new revenue services in an extremely competitive
environment,” said Frank Palermo, EVP and head of
telecommunications, media and technology, Virtusa. “Using cloud, AI
and automation, Virtusa’s digital innovation hub, xLabs, is helping
communications service providers enhance the customer experience,
improve quality of service and improve operational efficiency.”
Virtusa helps communications service providers under significant
pressures to increase revenues with robust infrastructures that
efficiently accommodate emerging service trends, including Machine
to Machine (M2M), Internet of Things (IoT) and
Voice-Over-Internet-Protocol (VOIP).
Virtusa’s xLab has over 200 APIs that communications service
providers can leverage to enhance customer experience (omni-channel
transformation), improve quality of service (cognitive-based
service assurance) and improve efficiency (AI-driven automation).
With over 25 global communications service providers as customers,
Virtusa has the proven ability to innovate to drive efficiencies
and develop new opportunities.
For additional information on Virtusa Communications offerings,
please visit: virtusa.com/practice/communications/
To read a complimentary copy of the full Gartner Magic Quadrant
for IT Services for Communications Service Providers, Worldwide
report, please visit: virtusa.com/lnd/gartnermqcsp2019/
1 – Gartner Magic Quadrant for IT Services for Communications
Service Providers, Worldwide, 15 August 2019. Analyst(s): Jouni
Forsman, Amresh Nandan
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, express or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About Virtusa CorporationVirtusa Corporation
(NASDAQ GS: VRTU) is a global provider of digital business
strategy, digital engineering, and information technology (IT)
services and solutions that help clients change, disrupt, and
unlock new value through innovation engineering. Virtusa serves
Global 2000 companies in Banking, Financial Services, Insurance,
Healthcare, Communications, Media, Entertainment, Travel,
Manufacturing, and Technology industries.
Virtusa helps clients grow their business with innovative
products and services that create operational efficiency using
digital labor, future-proof operational and IT platforms, and
rationalization and modernization of IT applications
infrastructure. This is achieved through a unique approach blending
deep contextual expertise, empowered agile teams, and measurably
better engineering to create holistic solutions that drive business
forward at unparalleled velocity enabled by a culture of
cooperative disruption.
© 2019 Virtusa Corporation. All rights reserved.
Virtusa is a registered trademark of Virtusa Corporation.
All other company and brand names may be trademarks or service
marks of their respective holders.
Contact: Ron Favali Conversion Marketing Ron@conversionam.com
727-512-4490
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