IAOP recognises VirtusaPolaris as Outsourcing Leader

VirtusaPolaris announced that IAOP has recognised the company in its 2017 Global Outsourcing 100 list, in the Leader Judging Size category. 

Reinforcing its market-leading position as a preferred IT outsourcing partner to global clients, VirtusaPolaris has received an All Star Company distinction from IAOP for the company’s size and growth, customer references, awards and certifications, programs for innovation, and programs for corporate social responsibility.

“It is an honour to again be recognised as an Outsourcing Leader by IAOP,” said Sreekanth Lapala, Global Delivery Head, Banking and Financial Services at VirtusaPolaris. “We are constantly striving to leverage our digital and automation capabilities along with our strong domain expertise to help our clients reduce business risk, improve operational efficiencies and lower IT costs. At the same time, we leverage our best-in-class execution and technology innovation to deliver reliable results, on time and within budgets. Looking ahead, we will continue to look for ways to innovate our technological offerings and provide our clients with the solutions they need to successfully run their businesses.” 

“Businesses that utilise outsourcing services, in both the traditional sense and through a wide range of collaborative business models, are increasingly diligent in their analysis of outsourcing service providers,” said IAOP Chief Executive Officer Debi Hamill. “We are again proud to recognise VirtusaPolaris as one of the highest rated organisations for customer references, awards and certifications, programs for innovation, programs for corporate social responsibility, and revenue growth as a leader.”

VirtusaPolaris’s unique outsourcing model, designed to meet the emerging needs of businesses, emphasises business transformation that delivers far greater efficiencies and goes well beyond basic labour arbitrage. As part of this transformational outsourcing model, VirtusaPolaris deploys its unique Preempt, Accelerate and Compress framework. VirtusaPolaris’s Preempt-Accelerate-Compress framework leverages a cognitive tool kit for self-healing (Preempt), Robotics Process Automation (RPA) to automate repetitive tasks (Accelerate), and Gamification to improve workforce productivity (Compress) to drive significantly improved outcomes compared to traditional outsourcing models.

VirtusaPolaris is a leading global outsourcing service provider, having received several recognitions including being named a Star Performer in Large Insurance Application Outsourcing Relationships by Everest Group, a Top 10 Sourcing Service Provider by ISG, to the Gartner Magic Quadrant for IT Services for Communications Service Providers, Worldwide along with a leader in the IAOP’s 2016 Global Outsourcing 100 List.

Each year, the IAOP Global Outsourcing 100 and its sub-lists, managed by IAOP and published annually by Fortune Custom Projects, recognise the world’s best outsourcing service providers. The lists are based on scores given by an independent judging panel on a range of criteria including global presence, growth, company recognition and certifications, customer references, programs for innovation and corporate social responsibility. The lists are essential references for companies seeking new and expanded relationships with the best companies in the industry. 

The full 2017 Global Outsourcing 100 list can be accessed on IAOP’s website, at www.IAOP.org.