Search company, investor...

Founded Year

1996

Stage

Take Private | Alive

Total Raised

$54.77M

Valuation

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+40 points in the past 30 days

About Virtusa

Virtusa specializes in digital engineering and technology solutions. The company offers services such as consulting and designing, engineering and automation, and analysis and optimization to create technology solutions that address business challenges. It primarily serves sectors such as banking and financial services, healthcare, life sciences, retail, consumer packaged goods, communications, travel and hospitality, manufacturing, and more. It was founded in 1996 and is based in Southborough, Massachusetts.

Headquarters Location

132 Turnpike Road Suite 300

Southborough, Massachusetts, 01772,

United States

508-389-7300

Loading...

ESPs containing Virtusa

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

The underwriting data platforms market offers technology solutions for insurance companies to streamline their underwriting processes and improve risk assessment. These platforms provide tools for data analysis, automation, and continuous monitoring to enhance efficiency and accuracy in underwriting. The market includes solutions for health, life, and commercial insurance underwriting, with a focu…

Virtusa named as Highflier among 15 other companies, including Experian, Guidewire Software, and Sapiens.

Loading...

Research containing Virtusa

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Virtusa in 1 CB Insights research brief, most recently on Aug 7, 2023.

Virtusa Patents

Virtusa has filed 7 patents.

The 3 most popular patent topics include:

  • information technology management
  • software architecture
  • application programming interfaces
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/30/2020

10/24/2023

Cryptocurrencies, Computer security, Blockchains, Cryptography, Fused filament fabrication

Grant

Application Date

11/30/2020

Grant Date

10/24/2023

Title

Related Topics

Cryptocurrencies, Computer security, Blockchains, Cryptography, Fused filament fabrication

Status

Grant

Latest Virtusa News

Telecom Cloud Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast – 2027

Feb 20, 2024

Posted on Amazon Web Services Inc. (AWS), Microsoft Corporation (Microsoft), International Business Machines Corporation (IBM), Oracle Corporation (Oracle), Nokia Corporation (Nokia), Alphabet Inc. (Google), VMware Inc. (VMware), Intellias Ltd. (Intellias), LM Ericsson Telephone Company (Ericsson), Huawei Technologies Co., Ltd. (Huawei), Telenity Inc. (Telenity). Telecom Cloud Market by Component (Platform, Solutions, and Services), Deployment Model (Public, Private, and Hybrid), Organization Size (SMEs and Large Enterprises), NFV Software (VNFs/CNFs, and NFVI) and Region – Global Forecast to 2027 The Telecom cloud market size is projected to grow from USD 11.5 billion in 2022 to USD 32.5 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 23.1 % during the forecast period. The emergence of the 5G standard and IoT usage in 5G catalyze demand for telco cloud are driving the growth of the telecom cloud market. Public segment is estimated to lead the telecom cloud market in 2022 Public cloud refers to computing that shares resources, such as storage, computing, and networking, with external entities outside the organization, depending on the demand. The public cloud deployment model offers various benefits to enterprises. These are scalability, reliability, flexibility, and remote location access. Large enterprise segment is set to emerge as the larger market during the forecast period A large enterprise is a business entity employing over 5,000 people. The adoption of telecom cloud in large enterprises is high, which is expected to continue during the forecast period. Large enterprises have complex product development processes and invest heavily in business operations. This is one of the major reasons for adopting cloud-based solutions and services, as they provide a cost-effective approach to managing these functions. This can be achieved due to the availability of substantial assets, global presence, strong market share, and effective business strategies. Unique Features in the Telecom Cloud Market Communications providers can now virtualize network tasks that were previously handled by specialised hardware appliances thanks to telecom cloud solutions that use NFV technology. In building and administering network services, this permits flexibility, scalability, and cost-effectiveness. By enabling telecoms providers to automate the deployment, configuration, and maintenance of network services and applications, telecom cloud platforms reduce operational complexity and boost efficiency. With the help of telecom cloud solutions, telecommunications companies can serve several clients or tenants on a single infrastructure while maintaining tenant security and isolation. Telecom cloud platforms facilitate edge computing and machine learning capabilities, allowing telecom operators to implement services and apps closer to the network edge. This lowers latency, boosts performance, and accommodates new use cases like Internet of Things and real-time applications. Telecom cloud solutions facilitate network slicing, which permits telecom providers to establish multiple virtual networks (slices) on a common physical infrastructure, each customised to meet particular needs like latency, bandwidth, and quality of service (QoS). This facilitates effective resource management and supports a range of use cases. Major Highlights of the Telecom Cloud Market The telecommunications providers’ increased adoption of cloud-based solutions to modernise their networks, boost operational efficiency, and offer clients cutting-edge services is propelling the market’s rapid rise. Utilising NFV and SDN technologies, telecom cloud solutions allow telecom providers to virtualize network functions, dynamically manage network resources, and automate network operations—all of which contribute to increased cost savings, scalability, and agility. Telecom cloud platforms facilitate edge computing and machine learning capabilities, allowing telecom operators to implement services and apps closer to the network edge. This lowers latency, boosts performance, and accommodates new use cases like Internet of Things and real-time applications. Virtual reality (VR), augmented reality (AR), and ultra-high definition (UHD) video streaming are just a few of the cutting-edge services and applications that telecommunications providers can offer by utilising the high-speed, low-latency capabilities of 5G networks and telecom cloud solutions. Telecom cloud solutions facilitate network slicing, which permits telecom providers to establish multiple virtual networks (slices) on a common physical infrastructure, each customised to meet particular needs like latency, bandwidth, and quality of service (QoS). This facilitates effective resource management and supports a range of use cases. Top Key Companies in the Telecom Cloud Market The major vendors covered in the telecom cloud market are Amazon Web Services Inc. (AWS), Microsoft Corporation (Microsoft), International Business Machines Corporation (IBM), Oracle Corporation (Oracle), Nokia Corporation (Nokia), Alphabet Inc. (Google), VMware Inc. (VMware), Intellias Ltd. (Intellias), LM Ericsson Telephone Company (Ericsson), Huawei Technologies Co., Ltd. (Huawei), Telenity Inc. (Telenity), Robin Systems, Inc (Robin.io), ZTE Corporation (ZTE), Juniper Networks Inc (Juniper), Amdocs Limited (Amdocs), Cisco Systems, Inc (Cisco), Virtusa Corporation (Virtusa), Mavenir Systems, Inc. (Mavenir), NFWare Inc. (NFWare), Inmanta NV (Inmanta), UK Cloud Communications Limited (UK Cloud Communications), ACL Digital (ACL), and Alibaba Group Holding Limited (Alibaba). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, and collaborations, new product launches to expand their presence in the telecom cloud market. IBM is a leading multinational company that develops hardware and software technologies for computer systems and provides consulting services. It is a leading provider of cognitive solutions and has AI capabilities for data and analytics. IBM offers IBM Cloud products categorized as IBM Bluemix PaaS, IBM Cloud IaaS, and IBM SaaS. These categories include products such as computing, network, storage, management, security, and databases. The company innovates new platform models based on cloud computing and has become a global leader in hybrid cloud enterprise solutions. It has a robust global presence in North America, Europe, the Middle East & Africa, Latin America, and Asia Pacific. The company caters to various verticals, such as automotive, aerospace and defense, healthcare, government, insurance, retail, telecommunications, and media and entertainment. Oracle operates in cloud and license, hardware, and service businesses. The oracle cloud and license offerings include applications, databases, and middleware software offerings. The hardware offerings segment includes engineered systems, servers, storage and industry-specific products and services for its customers and partners. Oracle develops database platforms, middleware software, application software, cloud infrastructure systems, computer servers, storage, and networking products. Oracle offers Oracle Cloud that is further categorized into Oracle Cloud PaaS, Oracle Cloud SaaS, and Oracle Cloud Infrastructure (OCI). Oracle PaaS is an integrated platform that enables customers to build, deploy, and manage application workloads seamlessly and cost-effectively. Oracle Cloud SaaS provides customers with faster and more innovative services in a complete, secure, and connected cloud suite. OCI encompasses computing, storage, network, container services, and migration tools. Oracle provides a broad portfolio of cloud solutions for business functions, such as ERM, HCM, customer experience, SCM, and Field Service Management (FSM). Media Contact

Virtusa Frequently Asked Questions (FAQ)

  • When was Virtusa founded?

    Virtusa was founded in 1996.

  • Where is Virtusa's headquarters?

    Virtusa's headquarters is located at 132 Turnpike Road, Southborough.

  • What is Virtusa's latest funding round?

    Virtusa's latest funding round is Take Private.

  • How much did Virtusa raise?

    Virtusa raised a total of $54.77M.

  • Who are the investors of Virtusa?

    Investors of Virtusa include BPEA EQT, Sigma Partners, Globespan Capital Partners, CRV, Focus Ventures and 3 more.

  • Who are Virtusa's competitors?

    Competitors of Virtusa include LeanIX, Ness Digital Engineering, InfoStretch, Quint, QualiTest and 7 more.

Loading...

Compare Virtusa to Competitors

Tata Consultancy Services Logo
Tata Consultancy Services

Tata Consultancy Services combines industry expertise with tech genius to create business-changing digital solutions for its clients. It functions as a full stakeholder to business, offering a consulting-led approach with an integrated portfolio of technology-led solutions that encompass the entire Enterprise value chain. It builds bespoke teams around the client's domain and technology requirements.

Hexaware Technologies Logo
Hexaware Technologies

Hexaware Technologies provides information technology, business process outsourcing, and consulting services. The company helps its customers through progressive automation, guaranteeing target state savings, right at the beginning of the engagement. It was founded in 1990 and is based in Mumbai, India.

DXC Technology Logo
DXC Technology

DXC Technology focuses on information technology (IT) modernization and transformation solutions. The company provides services that include modernizing IT systems, optimizing data architectures, and ensuring security and scalability across various cloud environments. DXC Technology primarily serves large global companies and public sector organizations. It was founded in 2017 and is based in Ashburn, Virginia.

Z
Zensar Technologies

Zensar Technologies is a technology solutions company focused on experience, engineering, and engagement. The company offers a range of services including experience design, advanced engineering, data engineering and analytics, foundation services, and application services. Zensar primarily serves the hi-tech engineering, banking and financial services, insurance, manufacturing, and consumer services sectors. It was founded in 1991 and is based in Pune, India.

Synechron Logo
Synechron

Synechron develops software primarily for capital markets, mortgage bankers, insurance companies, and Internet media and technology companies.

C
CGI

CGI (NYSE: GIB) provides information technology (IT) and business processing services. The company offers information technology outsourcing, business consulting, business process services, infrastructure services, application management, system integration, and consulting services. It was founded in 1976 and is based in Montreal, Canada.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.