Virtusa forays into Indian IT market

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Virtusa forays into Indian IT market

To leverage its IT approach for better business outcomes for the Indian enterprises

Friday, July 03, 2009

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HYDERABAD, INDIA: Virtusa Corporation, a provider in IT services company, with a strong client base in USA and Europe, announced on Thursday its foray into the Indian market.

The company has recently started exploring India as a revenue geography.

It believes that the Indian market, especially now, offers exciting opportunities for growth and expansion, as many Indian enterprises are driving significant changes in their existing IT systems to support their growing customer needs in a globalized and connected environment, said a press release.

Leveraging Virtusa's IT approach to simplifying complex IT environments through software platforming, Virtusa plans to assist Indian companies consolidate, modernize and rationalize core business processes.

As a result, customers would be able to extend market reach, improve their customers' experiences, improve time-to-market and reduce overall costs.

" Through Virtusa's Global Delivery Model, Virtusa has demonstrated a strong track record of serving the technology needs of Global 2000 enterprises in banking, financial services and insurance(BFSI), and telecom, " said Krishna Murty Yamajala, vice president and India Center Head, Virtusa.

The company sees real potential in the Indian markets for these verticals, said the release.

Through their local sales organization, they are looking at targeting enterprises in the cities of Mumbai, Delhi, Bangalore, Chennai and Hyderabad, as part of our go-to-market strategy.

Akhil Agarwal, vice president and global head (BFSI), Virtusa said, "The current economic environment is compelling companies to improve efficiencies across their IT and business processes. Our key differentiator is our 'Lean IT Approach' that reduces our client's IT costs and, enables our clients to realize business outcomes faster and our clients to meet their business goals even during difficult economic times."

He added that they believe that Virtusa's compelling market differentiation and proven track record of service excellence would resonate well with Indian enterprises.

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