|By Business Wire
|July 1, 2014 11:31 PM EDT
Corporation (NASDAQ: VRTU), a global business consulting and IT
outsourcing company that combines innovation, technology leadership and
industry solutions to transform the customer experience, today announced
that the International Association of Outsourcing Professionals (IAOP)
has named it a Best Ten Leader for Entertainment and Media, a sub-list
of the 2014 Global Outsourcing 100 list. This is the third time in five
years that Virtusa has received this honor.
The Global Outsourcing 100 is an independently judged ranking of the
world's best outsourcing service providers and advisors. The list and
its sub-lists include service provider and advisory companies from
around the world, and are essential references for companies seeking new
and expanded relationships with the best organizations in the industry.
“We are honored to be recognized by IAOP for helping to transform the
entertainment and media industry through the application of innovative
technology,” said Harsha Kumar, senior vice president, Outsourcing and
Transformational Industry Solutions, Virtusa. “Today’s consumers of
entertainment and media content are more digitally savvy than ever
before, which presents both challenges and opportunities for
organizations in this industry. Entertainment and media firms must keep
up with this intensified demand for content that is highly digital,
highly social and personalized, and distributed through multiple
channels. Our mission is to help our clients not only meet this demand,
but also leverage the transforming landscape to increase competitiveness
and market share.”
In this age marked by “digital disruption,” organizations in the
entertainment and media industry are being forced to transform their
business models due to the rapid proliferation of content and a growing
demand for a personalized user experience. At the same time, these
organizations must adapt to constantly changing regulatory reforms.
Virtusa’s unique technological capabilities combined with its rich
consulting experience enable it to help its clients provide enhanced,
personalized and relevant customer experiences. Harnessing the power of
cloud, mobile and social, Virtusa enables entertainment and media firms
to rapidly evolve and embrace the ever-changing industry trends.
“Not only do entertainment and media firms have to overcome challenges
brought on by an increasingly digital world, but they must also fully
understand and utilize various distribution channels,” said Praveen
Purushotham, global head of Marketing at Virtusa. “Generationally,
consumers interact with content very differently, and what we do is help
organizations ensure they are tailoring both their content and their
distribution methods to meet the demand.”
Virtusa’s entertainment and media practice serves clients in the
entertainment, broadcasting and publishing industries. The company
provides cloud-based, cost-effective solutions to deliver content more
efficiently over new and evolving platforms. Virtusa’s media and
entertainment offerings include Business
Consulting Services, Creative
& Cloud / Managed Services, Personalization, Social, Digital
Asset Management and Big
Data and Analytics.
The full 2014 Global Outsourcing service provider and advisor list with
rankings, as well as the sub-lists, can be accessed on IAOP's Web site,
The International Association of Outsourcing
Professionals® (IAOP®) is the global, standard-setting organization and
advocate for the outsourcing profession. With more than 120,000 members
and affiliates worldwide, IAOP helps companies increase their
outsourcing success rate, improve their outsourcing ROI, and expand the
opportunities for outsourcing across their businesses. Visit www.IAOP.org.
Virtusa provides end-to-end information
technology (IT) services to Global 2000 companies. These services, which
include IT consulting, application maintenance, development, systems
integration and managed services, leverage a unique Platforming
methodology that transforms clients’ businesses through IT
rationalization. Virtusa helps customers accelerate business outcomes by
consolidating, rationalizing, and modernizing their core customer-facing
processes into one or more core systems.
Virtusa delivers cost-effective solutions through a global delivery
model, applying advanced methods such as Agile and Accelerated Solution
Design to ensure that its solutions meet the clients’ requirements. As a
result, its clients simultaneously reduce their IT operations cost while
increasing their ability to meet changing business needs.
Founded in 1996 and headquartered in Massachusetts, Virtusa has
operations in North America, Europe, and Asia.
© 2011 - 2014 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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