Vendor Analysis
published on Jul 31, 2024
Report Overview:
This NelsonHall vendor assessment analyzes Virtusa's offerings and capabilities in quality engineering services
Who is this Report for:
NelsonHall’s Quality Engineering profile on Virtusa is a comprehensive assessment of Virtusa’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of QE and identifying vendor suitability for quality engineering/QA/testing services
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the QE and IT services sectors.
Scope of this Report:
The report provides a comprehensive and objective analysis of Virtusa’s QE offerings, capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, challenges, and outlook
- Revenue estimates
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization, including the location of delivery centers.
Key Findings & Highlights:
Virtusa converted its Independent Engineering Automation capability center from a CoE structure to a practice with P&L responsibility in 2021. The practice is named Digital Assurance (DAS) and had 4.7k testing practitioners at the end of 2023. It has ~300 live projects.
Approximately 70% of DAS’ revenues come from two sectors: banking and financial services (47% of revenues) and high-tech (27%). A large testing client is a FAAMNG firm in the U.S. Silicon Valley. Other key sectors for DAS include insurance, healthcare & life sciences, telecom, and media & entertainment.
DAS is a high-growth practice, and its momentum has come from new logos (with an initial focus on automation and cloud assurance) and existing clients (with large wins and a continued focus on automation and cloud).