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Virtusa named as a Major Player by IDC MarketScape

VirtusaVirtusa Corporation announced that it has been named as a Major Player in for Worldwide Bank Datacenter Transformation System Implementation Services 2017 vendor assessment by IDC MarketScape.

“This recognition aptly reinforces the trust our banking clients have in our thought leadership and expertise to help them effectively transform and manage their datacenters leveraging cloud, containerization, OpenStack, and artificial intelligence.” said Suvrendu Halder, head of Transformation and Operation Services for Banking and Financial Services, Virtusa. “These services have enabled our clients to design and build next generation data centers that are more adept to hosting and supporting highly complex, integrated, and data-thirsty digital platforms. Today’s banking needs a highly responsive Datacenter and our leadership and reference architectures in this space helps our clients to drive improved stability, accelerated deployments and higher productivity, among other benefits.”

In the IDC MarketScape, Virtusa was rated in its focus on cost management as a part of datacenter transformation.

  • Artificial intelligence-based automated operations
  • A robust CI/CD implementation framework that helps banks adopt newer technologies with a considerably shorter turnaround
  • An application-centric datacenter and Infrastructure design that allows customers to enable Microservices and APIs which constitute the foundational building blocks for successful large-scale digital transformations

This IDC MarketScape is an evaluation based on a comprehensive framework and a set of parameters that assesses providers relative to one another and to those factors expected to be most conducive to success in this market over both the short term and the long term.

“Datacenter operations has become a critical component in a bank’s journey of transforming its operations,” says Jerry Silva, research director for IDC Financial Insights’ Global Banking practice. “Because of this, the need exists for a partner who can bring in the right domain expertise and technology leadership to deliver business value. Through the IDC MarketScape process, Virtusa emerged as a major player in this space as the result of having demonstrated the strategies and capabilities needed to lead datacenter transformation for its global clients.”

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Vikas Kumar

I have a passion to learn new things. There are always possibilities for learning. Everything needs to be analyzed critically, and I believe to do it by creating a solid bond between a reader and writer. Whether, it is an article or news story, it should not be distorted and must be reported in a balanced way. I believe to stick to the ethics of journalism.

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