Posts Tagged ‘solution design’

VirtusaPolaris Receives Stevie Award Recognitions for Investor Relations and Technical Innovation | Business Wire

WESTBOROUGH, Mass.–(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, today

announced that it has been awarded two Stevie Award recognitions; a Gold

award for Investor Relations and a Silver award for Most Innovative

Technology Company of the Year. The American Business Awards are

presented by the Stevie Awards, a U.S.-based business awards program.

http://media.photobucket.com/user/badassjoe92/media/New/bizcardimg.jpg.html

“We’re honored to receive these Stevie Awards in recognition of our

investor relations program, and for being one of the most innovative

companies in the technology industry,” said Ranjan Kalia, chief

financial officer, VirtusaPolaris. “We pride ourselves on constantly

striving to develop the most innovative solution sets that accelerate

business outcomes for our clients. That same dedication to excellence

extends to our investor relations program, where our guiding principles

are to maintain a high level of transparency and visibility with the

investment community at all times.”

As a Gold winner in Investor Relations, VirtusaPolaris was recognized

for its comprehensive and deep engagement with its investors and the

financial community, providing transparency and extensive information in

terms of stock coverage and pricing. VirtusaPolaris was also hailed for

the execution of its acquisition of Polaris Consulting & Services,

managing a major deal of high complexity.

In the Most Innovative Technology Company of the Year category,

VirtusaPolaris was honored for its creative technical environments that

nurture innovation, supported by a strong technical team to help its

customers achieve profitability. Among its services and offerings that

impact business value and bring innovation to the table, VirtusaPolaris

was recognized for its InsightLive and Centroid solutions that reduce

errors, while increasing service quality and profitability.

“We’re humbled and honored to receive this recognition which showcases

our continued success in technology innovation,” said Chandika Mendis,

global head of Engineering, VirtusaPolaris. “Our philosophy has always

been to accelerate every phase of the systems development life cycle and

provide those benefits back to our clients, while simultaneously

creating an engaging environment for development teams. We’ve seen

tremendous value for our clients as well as our team members from this

approach.”

This year’s awards were presented to VirtusaPolaris during The 14th

Annual American Business Awards banquet on June 20, 2016 at the Marriott

Marquis Hotel in New York City.

VirtusaPolaris is a leading worldwide provider of information technology

(IT) consulting and outsourcing services, having received several

recognitions, including being named to the IAOP® Global Outsourcing 100

list, a Star Performer in Large Insurance Application Outsourcing

Relationships by Everest Group, a Top 10 Sourcing Service Provider by

ISG, and to the Gartner Magic Quadrant for IT Services for

Communications Service Providers.

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 © 2016 Virtusa

Corporation. All Rights Reserved.

Be the first to comment - What do you think?  Posted by - September 6, 2017 at 8:23 pm

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VirtusaPolaris and WorkFusion to Deliver Robotic Automation and AI-powered Cognitive Automation to the Financial Services Sector | Business Wire

WESTBOROUGH, Mass.–(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, and WorkFusion,

the leading smart process automation (SPA) provider, today announced a

partnership to deliver new smart automation solutions for the banking

and financial services (BFS) market. The combination of VirtusaPolaris’

deep BFS industry and process expertise and WorkFusion’s cutting edge

platform will help clients reduce operational costs, while improving

quality, productivity and agility.

“Most financial services organizations continue to struggle with

inefficient legacy systems that have not kept pace with the change in

business and regulations, introducing gaps in process automation that

negatively impact efficiency of business operations. Many of these gaps

are low complexity high volume routine process steps and most

organizations have deployed large operational workforces, frequently

offshore, to handle these processes,” said Bob Graham, global solutions

head, Banking and Financial Services at VirtusaPolaris. “WorkFusion’s

combination of robotic and cognitive automation supported by

VirtusaPolaris’ expert consulting and implementation services allow

customers to improve quality through greater accuracy and the removal of

human error, reduce costs through rapid automation of manual tasks, and

accelerate time to market with our proven delivery approach.”

At the core of WorkFusion’s SPA software are three powerful

capabilities: workforce orchestration, robotic process automation (RPA)

and cognitive automation which, together, help organizations improve

workforce agility and elasticity and automate manual processes through

rapidly evolving AI. Robotics eliminate the manual work of operating

desktop applications and manipulating structured data, and cognitive

automation learns unstructured data tasks through human actions. As

WorkFusion automates more repetitive work, staff are elevated to

exceptions handling and higher value tasks. Clients are able to achieve

50 to 80 percent ROI within the first year.

VirtusaPolaris supports WorkFusion deployments globally through its

Automation Center of Excellence through which it provides domain

specific WorkFusion accelerators to help deliver even faster time to

market and value to clients.

“We are excited to be working with VirtusaPolaris and to bring our

combined capability to market,” Alex Lyashok, WorkFusion COO said.

“Shared services, back- and middle-office operations teams are realizing

the combined value of robotic and cognitive automation. They use our

software to improve the efficiency of processes that range from accounts

payable and invoice processing to know your customer (KYC) and claims

processing. Our partnership with VirtusaPolaris will provide clients an

even greater depth of expertise in processes coupled with the best

automation technology on the market.”

About WorkFusion
WorkFusion is the leading smart process

automation solution for enterprise operations. Global businesses in

data-intensive industries use WorkFusion to automate high-volume

business processes through a combination of workforce orchestration,

robotics, and machine learning powered cognitive automation. These

capabilities enable customers to improve customer service, increase

operational agility, and reduce costs. WorkFusion is headquartered in

New York City with offices in London and Eastern Europe. For more

information, please visit www.workfusion.com.

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 © 2016 Virtusa

Corporation. All Rights Reserved.

Be the first to comment - What do you think?  Posted by - June 28, 2017 at 5:18 pm

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