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WESTBOROUGH, Mass., Sept. 14 /PRNewswire-FirstCall/ -- Virtusa Corporation , a global IT services company that offers a broad spectrum of business consulting and outsourcing services, today formally introduced its Virtusa BPM Acceleration Methodology (VBAM), a proven framework that combines Agile best practices, business process management (BPM) platform-specific capabilities and Virtusa's optimized global delivery methodology. With VBAM, companies can approach BPM with greater confidence in success and realize a higher return on investment (ROI).

Today, more Fortune 500 companies are turning to BPM to reduce time-to-market, increase operational efficiency and streamline IT initiatives. At the same time, analysts predict that more than 50 percent of BPM programs will fail by 2011 due to lack of BPM discipline (Gartner, Inc., "Predicts 2009: Use BPM to Confront Business Challenges and Complex Business Relationships", November 2008, Elise Olding). Through its global engagements, Virtusa has found that in dynamic business environments, reliance on heavy-up-front modeling techniques to drive BPM initiatives increases the risk of failure, and ROI for BPM technology has been elusive when implementations are not managed properly.

"Ambiguous requirements and open-ended scope, lack of stakeholder involvement and lengthy development cycles all introduce risk into BPM initiatives," said Doug Mow, senior vice president of marketing at Virtusa. "Gartner says 50 percent of BPM programs will fail and that can be a costly coin flip. We help customers land on the right side of the coin by eliminating the non-technical factors that often result in a sub optimal outcome. As a company that is focused on delivering business results, we offer an iterative, Agile approach that increases the probability of a successful BPM implementation and realizes value much earlier in the project."

The Virtusa BPM Acceleration Methodology includes the following key features:

-- Continuous integration with automated daily builds and deployment and

daily regressions.

-- Unique "platforming" approach to identify reusable assets and

expose them as core services.

-- Time-boxed development iterations with an assessment at the end of each.

-- Simple design and refactoring for easy change, reuse and

maintainability.

-- Automated quality code reviews and inspection, early unit testing, and

functional test automation.

Using VBAM, many companies achieve dramatic business results, including up to a 50 percent reduction in time-to-market, more than 40 percent improved accuracy of the resulting system, improved design quality through focus on high-value features and reduced financial risk by delivering working solutions early and often. Virtusa is able to deliver these impressive results by employing a step-by-step BPM implementation approach which begins with a Suitability Assessment and Planning phase, followed by an Accelerated Solution and Design Workshop and uses an Agile Execution Framework to implement the solution through our optimized global delivery model.

"Recently, we engaged stakeholders of a major U.S. bank with 60,000 customers in an accelerated workshop to build a customer self-service channel with advanced reporting capabilities," said Vinay Mummigatti, vice president and BPM Practice leader at Virtusa. "Using the VBAM methodology, the initial solution was delivered in just 90 days, and the new channel, based on an enterprise BPM platform, lowered the cost of operations by 20 percent. The customer self-service channel absorbed more than 90 percent of routine customer requests and the solution's re-engineered processes and automation enabled the client to achieve immediate cost savings of 20 percent."

About Virtusa Corporation's BPM Practice

Virtusa is a leading global IT services firm in the BPM sector with a long history of successfully helping clients transform their new and legacy, manual and semi-automated business processes into change-ready, automated processes, and in building and delivering leading BPM software products. Virtusa's unique "platforming" approach consolidates, rationalizes and modernizes core systems resulting in an efficient, lean IT environment. The Virtusa BPM team has more than eight years of BPM project experience, having successfully executed over 65 professional services engagements worldwide. The Practice is supported by over 500 BPM consultants, of who 95% are Certified BPM Consultants. The Practice has strong partnerships with multiple BPM leaders including Pegasystems, Savvion, Cordys, Tibco and IBM.

About Virtusa Corporation

Virtusa is a global information technology (IT) services company providing IT consulting, technology implementation and application outsourcing services. Using its enhanced global delivery model, innovative platforming approach and industry expertise, Virtusa provides high-value services that enhance clients' business performance, accelerate time-to-market, increase productivity and improve customer service.

Founded in 1996 and headquartered in Massachusetts, Virtusa has offices in the United States and the United Kingdom, and global delivery centers in India and Sri Lanka.

To learn more about Virtusa and the Virtusa BPM Acceleration Methodology, please visit: www.virtusa.com.

"Virtusa" is a registered trademark of Virtusa Corporation.

SOURCE Virtusa Corporation

Virtusa Corporation

CONTACT: Liz Shulof of Greenough Communications for Virtusa Corporation,+1-703-310-6101, lshulof@greenoughcom.com

Web site: http://www.virtusa.com/



Palm Pre Plus is $149.99 after a $100 mail-in rebate, and Palm Pixi Plus is $99.99 after a $100 mail-in rebate, each with a new two-year customer agreement

Today's availability of Palm(R) Pre(TM) Plus and Palm Pixi(TM) Plus will bring the Palm webOS(TM) experience to the nation's largest and most reliable wireless 3G network. The reach and reliability of Verizon Wireless' 3G network will provide customers with a 3G advantage when they use Palm Pre Plus and Palm Pixi Plus to:

-- Download and use cool apps, from mobile social networking portals to

streaming radio

-- Browse the Web to keep up with news, sports, stock quotes, Hollywood

gossip and more at faster speeds

-- Stream must-see video

-- Share e-mails with friends, family and coworkers that include picture

and video attachments

-- Download and play vivid, rousing games

-- Quickly download and play music favorites from top 40 to classical

-- Work on the go with rapid file sharing

Palm Pre Plus is $149.99 after a $100 mail-in rebate, and Palm Pixi Plus is $99.99 after a $100 mail-in rebate, each with a new two-year customer agreement. Buy a Palm Pre Plus or a Palm Pixi Plus and get a Palm Pixi Plus free after a mail-in rebate through Feb. 14.

Learn more about the features of the new Palm Pre Plus and Palm Pixi Plus at http://news.vzw.com/news/2010/01/pr2010-01-07c.html and http://news.vzw.com/news/2010/01/pr2010-01-21.html.

About Verizon Wireless' 3G Network

Verizon Wireless has the largest and most reliable 3G network coverage area in the United States. See Verizon Wireless' 3G coverage for yourself; view a map of Verizon Wireless' 3G coverage, compared with competitors' 3G coverage at http://vzwmap.verizonwireless.com/dotcom/coveragelocator/images/maps/3Gcomparison.pdf.

Verizon Wireless invests more in its network than any other wireless service provider in the United States. Verizon Wireless has invested more than $50 billion since it was formed - $5.5 billion on average every year - to increase the coverage and capacity of its national network and to add new services. In each of the last four years, Verizon Wireless invested $6.5 billion or more to increase the wireless voice and data coverage of its national network and to add new 3G services such as Mobile Broadband and V CAST. Visit www.verizonwireless.com for more information.

About Verizon Wireless

Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving 89 million customers. Headquartered in Basking Ridge, N.J., with 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone . For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

Palm, Pixi, Pre and webOS are trademarks of Palm, Inc.

Verizon Wireless

CONTACT: Tom Pica of Verizon Wireless, +1-908-559-7516,Thomas.Pica@verizonwireless.com

Web site: http://www.verizonwireless.com/

Company News On-Call: http://www.prnewswire.com/comp/094251.html

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