Virtusa Announces Foray Into Indian Market

Virtusa Corporation, a global IT services company, with a client base in USA and Europe, has announced its foray into the Indian market.

The company has recently started exploring India as a revenue geography. The company 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 globalised and connected environment.

Leveraging Virtusa’s lean IT approach to simplifying complex IT environments through software platforming, the company plans to assist Indian companies in consolidating, modernising and rationalising core business processes. As a result, customers will be able to extend market reach, improve their customers’ experiences, improve time-to-market and reduce overall costs.

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Doug Mow, SVP-Marketing, Virtusa, said, “According to Nasscom, the current domestic IT Services spend in India is estimated to touch $8.3 billion in 2009, growing 20 percent over the previous year. Virtusa is looking at addressing this market.”

“Through our local sales organisation, we are looking at targeting enterprises in the cities of Mumbai, Delhi, Bangalore, Chennai and Hyderabad, as part of our go-to-market strategy,” added Krishna Murty Yamajala, vice president and India Centre Head, Virtusa.

“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 them to realise business outcomes faster,” said Akhil Agarwal, vice president and global head (BFSI), Virtusa.