Virtusa

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Virtusa Corporation
Type Public
Founded 1996
Headquarters Flag of the United States Westborough, Massachusetts, USA
Key people Kris Canekeratne, Co-founder, Chairman and CEO, Dan Smith, President, COO, and Director, Bachchan pandey, Peon
Industry Information Technology Services
Services Productization Strategy & Architecture, Portfolio Rationalization,Product & Product-class Solution Development,Software Quality Assurance, Business Process Management, Maintenance, Migration & Porting
Employees ~3,000 (As on 31st December 2006)
Website www.virtusa.com

Virtusa is an information technology (IT) services company founded in Sri Lanka by Kris Canekeratne in 1996. It is headquartered in Massachusetts and also operates offices in Silicon Valley and the United Kingdom with Advanced Technology Centers (ATCs) in Sri Lanka and India.[1]

Virtusa provides IT consulting services, general technology and outsourcing services. Since inception, its employees have designed and developed over 1000 products for leading independent software vendors (ISVs) and product class solutions for their Fortune 1000 clients[2].

Contents

[edit] Management Team

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  • Kris Canekeratne: Chairman and Chief Executive Officer
  • Dan Smith: President and Chief Operating Officer
  • Tom Holler: Chief Financial Officer and Senior Vice President of Finance
  • Tushara Canekeratne: Co-Founder and adviser
  • John Gillis: Executive Vice President of Client Services and Business Development
  • Jim Francis: Senior Vice President and Head of Banking, Financial Services and Insurance *(BFSI) Business Unit
  • Raj Rajgopal: Head of Communications, Content, and Technology (CCT) Business Unit
  • Marc Hebert: Chief Marketing Officer
  • T. N. Hari: Vice President and Global Head of Human Resources
  • Santanu Paul: Vice President and Head of Global Delivery Operations

[edit] Board of Directors

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  • Kris Canekeratne: Chairman
  • Dan Smith: President and Chief Operating Officer
  • Izhar Armony: Partner, Charles River Ventures
  • Robert Davoli: Managing Director, Sigma Partners
  • Andy Goldfarb: Executive Managing Director, Globespan Capital Partners
  • Ronald T. Maheu: Director, Charles River Associates
  • Rowland T. Moriarty: Chairman, Charles River Associates
  • Martin Trust: Chairman, Brandot International
  • Others

[edit] Timeline

  • 1996: Founded by Kris Canekeratne
  • 2003: Awarded the Pegasystems Partner Excellence Award at Pegasystems annual customer and partner conference, PegaVISION 2003[3]
  • 2003: Recognized by Bank One as one of their Top IT Suppliers [4]
  • 2004: Spearheaded the design and development of an open source system for disaster relief, Sahana in the wake of the 2004 Asian Tsunami. Sahana received the biggest award so far, the Free Software Foundation's award for the social benefit on the 24th of March 2007.[5] The awards ceremony at the annual FSF meeting, held at MIT in U.S.A, where they received the award from the founder of the FSF, Richard Stallman. The award, which is only one of two awards given by the FSF each year, was inspired by Sahana a year ago. The recipient of last year's award was Wikipedia, and Sahana follows in its footsteps this year.
  • 2005: Bagged the Hyderabad Software Exporters' Association (Hysea) award for `Best established offshore development centre'[6]
  • 2006: Named to Deloitte’s New England Technology Fast 50[7]
  • 2006: Named to Silicon India Top 100, which is an annual listing of the top 100 technology companies founded and managed by Indians in the U.S.[8]
  • 2007: Announces pricing of its upcoming Initial Public Offering. [9]
  • 2007: On August 8,2007 the IPO for Virtusa began with an initial price per share of $14.00 [10]


[edit] Notes

  1. ^ About Us: Company Overview. Retrieved on 2007-02-25.
  2. ^ Virtusa, a global operation with a global DNA. Retrieved on 2007-03-02.
  3. ^ Virtusa recognised by leading BPM provider. Retrieved on 2007-02-26.
  4. ^ BankOne Awards Top IT Suppliers. Retrieved on 2007-02-26.
  5. ^ Local disaster management solution applauded. Retrieved on 2007-03-02.
  6. ^ Virtusa bags Hysea award. Retrieved on 2007-02-26.
  7. ^ Litle & Co., LLC Tops Deloitte’s New England Technology Fast 50 at 33,683% Revenue Growth. Retrieved on 2007-02-26.
  8. ^ si100 2006 top 100 Indian founded and managed tech companies in US. Retrieved on 2007-02-26.
  9. ^ "Virtusa Announces Pricing of Initial Public Offering". 
  10. ^ {{cite web | url= http://biz.yahoo.com/e/080212/vrtu10-q.html | title= Summary of Virtusa


[edit] References

[edit] External links