Virtusa Corporation (NASDAQ GS:VRTU), a global provider of
digital strategy, digital engineering, and IT outsourcing services
that accelerates business outcomes for its clients, today announced
that its Chairman & CEO, Kris Canekeratne, is a winner of the
EY Entrepreneur of The Year® 2018 Award in the New England region
for the Business Process Outsourcing category. The awards program
took place on June 28, 2018 at a gala in Boston.
This prestigious awards program recognizes entrepreneurs across
industries who have steered their organizations’ excellence in
areas such as innovation and financial performance and have
showcased exemplary personal commitment to their businesses and
communities. Kris Canekeratne was selected as a winner by a panel
of independent judges, making him one of ten representatives from
the New England region to contend for the coveted U.S. national
title.
“I am honored to receive this award from EY. I extend my hearty
congratulations to the other winners and all of New England’s
enterprising leaders who are leading disruption in their fields and
making exceptional contributions to the socio-economic growth of
this region and beyond,” said Kris Canekeratne, Chairman & CEO
of Virtusa.
“Virtusa and the industries it serves are at a seminal moment.
The digitization of businesses and the world will only accelerate.
The task to innovate will only grow in consequence. While the
industry is still at the early stages of the Fourth Industrial
Revolution, Virtusa is incredibly well positioned to help its
clients envision and usher in transformative digital futures,
creating competitive differentiation for them and for us. We are
well on our way to realizing our vision of becoming the leading
Digital Engineering Services Firm in the world, by leveraging the
platform and philosophies that helped us turn an under-funded
startup in Westborough, Massachusetts, into a billion dollar global
leader. I believe that this award is a wonderful acknowledgement,
both of how far we have come and where we are going. In both
regards, the award really belongs to our clients, partners, team
members, and shareholders around the world. Without their
commitment and belief, we would not be here today,” shared
Kris.
“This award is recognized around the world as an emblem of
entrepreneurial success and we commend the winners for this great
achievement,” said Kristin Keating, Entrepreneur of the Year
Program Director and Partner at Ernst & Young LLP. “These award
recipients are making a positive impact on our economy, the local
New England community, and our world, and they are truly deserving
of this honor.”
Founded in 1996, Virtusa is a product of Kris’s passion for
technology and his groundbreaking vision for the future of the IT
industry, pioneering the paradigm shift from labor arbitrage to an
innovation-driven, client-centric solutioning approach. Over the
years under his industrious leadership, Virtusa has not only
expanded its geographic and service footprint, but has also had a
consistent, industry-leading growth trajectory. Virtusa has
received numerous globally renowned accolades for its
vertical-specific, cutting-edge innovation capabilities and thought
leadership in digital engineering. In March 2018, it announced that
it crossed $1 billion in annualized revenue.
About EY Entrepreneur of the Year Awards
Founded by EY, Entrepreneur of The Year® is the world’s most
prestigious business awards program for entrepreneurs. Winners are
chosen from an independent panel of judges including entrepreneurs
and prominent leaders from business, finance, and the local
community. The program makes a difference through the way it
encourages entrepreneurial activity among those with potential and
recognizes the contribution of people who inspire others with their
vision, leadership and achievement. As the first and only truly
global awards program of its kind, Entrepreneur of The Year
celebrates those who are building and leading successful, growing
and dynamic businesses, recognizing them through regional, national
and global awards programs in more than 145 cities and more than 60
countries. The program is now in its 32nd year.
About Virtusa Corporation
Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of
Digital Business Transformation, Digital Engineering, and
Information Technology (IT) outsourcing services that accelerate
our clients’ journey to their Digital Future. Virtusa serves Global
2000 companies in Banking, Financial Services, Insurance,
Healthcare, Telecommunications, Media, Entertainment, Travel,
Manufacturing, and Technology industries.
Using a combination of digital strategy, digital engineering,
business implementation, and IT platform modernization services,
Virtusa helps clients execute successful end-to-end digital
business transformation initiatives.
Virtusa engages its clients to re-imagine their business models
and develop strategies to defend and grow their business by
introducing innovative products and services, developing
distinctive digital consumer experiences, creating operational
efficiency using digital labor, developing operational and IT
platforms for the future, and rationalizing and modernizing their
existing IT applications infrastructure. As a result, its clients
are simultaneously able to drive business growth through
digital-first customer experiences, while also consolidating and
modernizing their IT application infrastructure to support digital
business transformation.
Holding a proven record of success across industries, Virtusa
readily understands its clients' business challenges and uses its
domain expertise to deliver innovative applications of technology
to address its clients’ critical business challenges. Examples
include building the world's largest property & casualty 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
transformation initiatives for media and banking companies.
Founded in 1996 and headquartered in Massachusetts, Virtusa has
operations in North America, Europe, and Asia.
© 2018 Virtusa Corporation. All rights reserved.
Virtusa, Accelerating Business Outcomes, BPM Test Drive and
Productization are registered trademarks of Virtusa Corporation.
All other company and brand names may be trademarks or service
marks of their respective holders.
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version on businesswire.com: https://www.businesswire.com/news/home/20180710005562/en/
GreenoughAmy Legere, 617-275-6517alegere@greenough.biz
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