[May 18, 2017] |
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VirtusaPolaris recognized in Gartner Market Guide for Blockchain Consulting and Proof-of-Concept Development Services
VirtusaPolaris, the market-facing brand of Virtusa Corporation and
Polaris Consulting & Services, Ltd., and a leading worldwide provider of
information technology (IT) consulting and outsourcing services, has
been included as a representative vendor in Gartner's (News - Alert) Market Guide
for Blockchain Consulting and Proof-of-Concept Development Services.
The report, published on February 22, 2017, explores options for
understanding applicability and the potential impact of blockchain for
organizations, and how they can identify potential partners.
According to Gartner, "the pool of experienced service providers for
blockchain initiatives is small; it is particularly difficult to find
service providers with experience in applying blockchain outside of
financial services. Eighty percent of enterprise blockchain initiatives
referred to in this research are in the banking and insurance service
industry."
"VirtusaPolaris' inclusion in the Gartner Market Guide reinforces our
position as a company leading the way in an emerging, still immature
marketplace," said Senthil Ravindran, Executive Vice President & Global
Head, Fintech Lab, Banking and Financial Services, VirtusaPolaris.
"Disruptive technologies like Blockchain bring forth tremendous
opportunity as well as challenges. We have partnered with several
forward-looking banks to help them leverage blockchain technology. Also,
our lab works with cutting-edge technology firms to address the gaps in
blockchain technology like privacy, scalability, etc."
Leveraging its 25 years of experience and expertise in the banking and
financial services industry, VirtusaPolaris has been helping banks and
financial institutions accelerate their innovation process and
effectively meet the challenges of digital disruption. The Blockchain
Exploration Center, which is part of our FinTech Lab, provides an
environment for our customers to ideate, run experiments and quickly
turn ideas into MVPs (Minimum Viable Products). VirtusaPolaris has
partnered with several technology companies, including DistributedID,
Signix, Token.io, Chain.com, and Coins.ph for its blockchain-related
solution offerings.
b>Gartner Disclaimer
Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select
only those vendors with the highest ratings or other designation.
Gartner research publications consist of the opinions of Gartner's
research organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness
for a particular purpose. For more information and to access the report
(subscription required): www.gartner.com/
https://www.gartner.com/doc/3615133/market-guide-blockchain-consulting-proofofconcept
About VirtusaPolaris
VirtusaPolaris, the market-facing brand reflecting the combined
strengths of Virtusa Corporation and Polaris Consulting & Services, Ltd.
is a global provider of information technology (IT) consulting and
outsourcing services that accelerate business outcomes for Global 2000
companies and leading software vendors in banking and financial
services, insurance, healthcare, telecommunications, technology, media
and entertainment.
VirtusaPolaris' solutions address the CXOs' dual challenge of growing
revenues while improving IT cost efficiencies. VirtusaPolaris' digital
services leverage innovative new technologies to reimagine the customer
experience, increasing retention and creating lasting value.
VirtusaPolaris' preemptive outsourcing solutions help clients reduce
risk and improve IT operations.
VirtusaPolaris delivers services across the IT lifecycle, including
consulting, solution design, technology selection, implementation,
testing and maintenance & support, including infrastructure support.
Inheriting a strong heritage in software engineering, VirtusaPolaris is
highly qualified to both develop and maintain software, using a proven
platforming methodology and advanced Agile (News - Alert) and Accelerated Solution
Design techniques to reliably produce results on time and within budget.
Holding a record of success across industries and unparalleled domain
expertise, VirtusaPolaris understands clients' business challenges best
and uses that to deliver distinctive, differentiated and innovative
application of technology to solve those problems. Examples of large
business transformations completed include the world's largest P&C
claims modernization program, one of the largest corporate customer
portals for a premier global bank, an order to cash implementation for a
multinational telecommunications provider, and digital transformations
for media and banking companies.
Virtusa Corporation is headquartered in Massachusetts, and together with
Polaris, has 50 offices across North America, Europe and Asia.
Polaris Consulting & Services is a subsidiary of Virtusa Corporation.
Copyright © 2017 Virtusa
Corporation. All Rights Reserved.

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