Company’s internal social business platform honored for driving innovative collaboration

WESTBOROUGH, Mass., – (September 24, 2013) – Virtusa Corporation (NASDAQ: VRTU), a global IT services company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has been named to the prestigious 2013 InformationWeek 500 list, a list of the nation’s top technology innovators. Virtusa was honored for its V+ platform, a proprietary internal social business platform the company developed to drive employee collaboration and engagement, particularly between Generation Y workers and other team members. Now in its 25th year, the InformationWeek 500 tracks the technology, strategies, investments and administrative practices of some of the best-known organizations in the country.

“We are extremely honored to be named to this year’s InformationWeek 500 list as one of the nation’s top technology organizations,” said Kris Canekeratne, chairman and CEO at Virtusa. “Our team member engagement mission at Virtusa is to create a high performance environment that promotes innovation and engineering excellence where Virtusans can realize their full potential. V+, our team member engagement platform, is a powerful digital environment that provides Virtusans an opportunity to excel and thereby create competitive advantage for our clients. It is both gratifying and humbling to be recognized as a leading organization in an area that is critically important as corporations navigate the digital frontier.”

V+ is a proprietary internal social business platform designed and developed in-house by Virtusa to transform the way Virtusans work, learn, share and connect. Catered specifically towards Virtusa’s Generation Y team members (which make up 86 percent of Virtusa’s workforce), V+ has improved communication and engagement, business agility, productivity and innovation within the company. The platform creates a next-gen work environment providing a social experience akin to platforms like YouTube, Google, Facebook, LinkedIn and Wikipedia, and uses social practices such as gamification and crowdsourcing to create an engaging platform. V+ brings together systems of records such as ERP, CRM, IPM, and systems of engagement to transform core business processes to social and further enable those applications with mobility. Today, more than 5,900 Virtusans are using V+.

“The theme of this year's InformationWeek 500 is digital business. It’s a movement, rooted in data analytics, mobile computing, social networking and other customers focused technologies that are turning companies and industries on their ear,” said InformationWeek editor in chief Rob Preston. “Every enterprise is now a digital business or needs to become one fast. The organizations in our ranking are leading the way.”

InformationWeek identifies and honors the nation's most innovative users of information technology with its annual InformationWeek 500 listing. Unique among corporate rankings, the InformationWeek 500 spotlights the power of innovation in information technology.

More details, including a full list of InformationWeek 500 winners, can be found at http://www.informationweek.com/500.

About InformationWeekFor more than 30 years, InformationWeek has provided millions of IT executives worldwide with the insight and perspective they need to leverage the business value of technology. InformationWeek provides CIOs and IT executives with commentary, analysis and research through its thriving online community, digital issues, webcasts, proprietary research and live, in person events. InformationWeek’s award winning editorial coverage can be found at www.informationweek.com.

InformationWeek is produced by UBM Tech, a global media business that brings together the world's technology industry through live events and online properties. Other UBM Tech's brands include EE Times, Interop, Black Hat, Game Developer Conference, CRN, and DesignCon. The company's products include research, education, training, and data services that accelerate decision making for technology buyers. UBM Tech also offers a full range of marketing services based on its content and technology market expertise, including custom events, content marketing solutions, community development and demand generation programs. UBM Tech is a part of UBM (UBM.L), a global provider of media and information services with a market capitalization of more than $2.5 billion.

Services

Industries

Insights

Careers

About