Sunday, 4 March 2012

CAF - “An Analysis on the company – VIRTUSA”




1.     HUMAN RESOURCE ANALYSIS
(Explained in detail)

Organisational Setup:

Company profile
Virtusa Corporation (NASDAQ: VRTU) is a global information technology (IT) services company providing IT consulting, technology and outsourcing services.
·         Virtusa Corporation is a leading provider of enterprise class Products and Solutions for Global 1000 companies and leading Independent Software Vendors (ISVs). Based in Westborough, MA, Virtusa employs the finest technology talent in the US, UK, India, and Sri Lanka.
·         Virtusa's client list includes industry leaders across several domains, such as Vignette, Pegasystems, Oracle, IBM, Aetna, BT, Convergys, Xerox and Siemens. Product development imperatives are deeply embedded in Virtusa's process framework and institutionalized as best practices.
·         Their process includes a focus on modularity of design, component technology, re-usability, scalability, portability, extensibility, maintainability, and supportability. Virtusa is currently a 3500+ strong organization with offices in US, UK, Sri Lanka and India (Hyderabad and Chennai).

·         Headquarters -Westborough, Massachusetts, USA
·         Offices -Throughout US, Europe and Asia
·         Technology Centers -US, UK, India, Sri Lanka
·         Number of Employees -Over 5500

Corporate Governance - Management and Board
Kris Canekeratne - Chairman and Chief Executive Officer
Thomas R. Holler - Executive Vice President and Chief Strategy Office 
Roger Keith  Modder - Executive Vice President and Chief Operating Officer
Raj Rajgopal - Executive Vice President of Business Development and Client Services
Ranjan Kalia - Senior Vice President, Chief Financial Officer, Treasurer and Secretary
Samir Dhir - Senior Vice President /Global Delivery Head and Head of India Operations

Senior Leadership Team
Jim Francis - Senior Vice President of Worldwide Sales and Business Unit Leader overseeing Virtusa's Insurance, Healthcare, Manufacturing, Government and Energy segments
Sameet Gupte - Sr. Vice President & Managing Director, Europe
Stefan  Fraas - SVP & Managing Director
John Gillis - Executive Vice President of Client Services and Business Development
Paul Tutun - Senior Vice President, General Counsel and Assistant Secretary

Culture and Values

Team and performance based culture
         Team impact is greater than the simple aggregation of  individual members
         Performance is the top driver for growth and rewards
Spirit of enterprise and growth
         Virtusans are empowered to take on challenges
         Clear growth path for Virtusans
Leadership philosophy
         Assign success to team members
         Take personal responsibility if things go wrong

Values:
·         Pursuit of Excellence –expand the contours of what is possible
o   Demonstrate innovation, creativity, and resourcefulness
o   Help create high performance teams, predictable results, rigorous execution
o   Seek continuous self-improvement and constant learning

·         Integrity – be forthright and honest in all interactions
o   Demonstrate genuine sincerity and personal honor; work without a hidden agenda
o   Hold oneself to a high degree of accountability and assume responsibility for actions
o   Establish realistic expectations and meet commitments

·         Respect – respect clinets and fellow team members
o   Treat clients and colleagues with genuine respect and value the intrinsic qualities of each
o   Enhance client respect for Virtusa at every opportunity, build strong trusted advisor relationships
o   Support team members, find solutions not fault

·         Leadership – inspire others through empowerment
o   Lead by example (Inspire), encourage others to take ownership (Empower)
o   Engage with the team to collaborate and develop the best Solution through collective wisdom
o   Assign success to the team, take personal responsibility if things go wrong


Work Approach:
Help clients conceive strategic IT solutions.
Transform their IT assets by rationalizing and consolidating them into enterprise-class application platforms.
Optimize their applications by investing in them as appreciating assets.
Including:
    -Time-to-market
       - Maximize total operational productivity
        -Enhance their customers’ experience 


Welfare – Work and Fun environment for employees:

Work Environment:
         Global company
         Rapidly Growing
         Challenging work
         Marquee Clients
         Great Career Growth
         People Focused

Sports & Recreation
         Games
         GYM & Physical Fitness
         Yoga & Meditation
         Activities
         Ice Cream Socials
         Movie Nights
         Fundoo Club
         Wheels Club
         Writer’s Club
         Virtuoso Music Band

Recruitment
Eligibility Criteria:-
Qualification:
Graduation: B.C.A./ B.C.S./ B.E./ B.Tech/ B.Sc (PCM/IT/Comp)
Post Graduation: M.C.A./ M.E./ M.Tech/ M.Sc (PCM/IT/Comp)
Role: Software Engineer
Functional Area: Software Programming

Selection Process :
- Written test
- Technical Interview
- HR Interview

Work Location : Hyderabad / Secunderabad / Chennai

Training & Development

Campus Reach Initiative
As part of a Campus Reach program, Virtusa partners with engineering colleges, universities and academic institutions across many initiatives. Improving collaboration between academia and industry is a core area of our Corporate Social Responsibility (CSR) program. Some of these activities include:

         The Virtusa Practitioner Series - A program in which Virtusans conducts seminars and knowledge sharing talks to university students on areas relevant to their university courses. Recent topics in this series include Enterprise Integration Architecture, Software Engineering: The Virtusa Way, Organizational Structures, FOSS, User Interface Training and IT Career Guidance.
         Adding to the Teaching Capacity - Virtusa’s Software Testing Practice developed a course structure, prepared handouts and delivered presentations to supplement the software testing and quality assurance modules offered at universities and academic institutions. The course included lectures and workshops on Software Quality Principles, Quality Assurance, Quality Control, Quality Management, Quality Strategy, Test Planning and Test Design.
         Industrial Internship Program -  To provide opportunities for graduates and undergraduates to work at Virtusa and enjoy the benefits of working in a professional and growth-oriented environment.
         Virtusa Academic Excellence Award - Virtusa Academic Excellence Award is presented to several students for topping their respective batches and excelling in their final year projects.
         Sponsorships -  Virtusa assists various events at universities and educational institutions by way of program sponsorships, mentoring and career guidance to develop leadership, planning and organizing skills.

2.     MARKET IMAGE

Services: (A pure service providing company) 
Consulting Services :
         Improve effectiveness and efficiency of IT application environments by adopting re-useable software platforms
         Design platform-based solutions, based on business and technology problems
         Plan and implement IT initiatives

Product Design Services
         Enhancements, Upgrades, Porting & Migration Services
         Product Maintenance, Sustenance & Support Services
         Professional Services

Application Development Services
         Re-engineering and Migration Services
         Enhancements, Upgrades and Transformation Services
         Application Maintenance and Support Services


Legacy Asset Management Services
         Asset management strategy and roadmap
         Legacy architecture design services
         Development, implementation, maintenance & support services
         Identification of core processes and support processes—Establishing “as is” process models and defining “to be” process models
         Sustenance, change management and enhancement services, to maintain current application portfolio

Growth of the Organisation:

Founded - 1996- Colombo, Sri Lanka
Revenue - $218 million (FY11)[1]
Employees - More than 5,000 (As on 31 March 2011)
Centers - U.S., U.K., India, Sri Lanka and Netherlands.

Timeline:

1995: Founded as 'Software Solutions' in Colombo, Sri Lanka
1997: Renamed as Technology Providers International
1998: Opened office in Massachusetts, USA
2000: Technology Providers International was renamed as eRUNWAY, Inc.
2002: eRUNWAY was re-launched as 'Virtusa Corporation'
2004: Spearheaded the design and development of an open source system for disaster relief, Sahana in the wake of the 2004 Asian Tsunami. Sahana received the biggest award so far, the Free Software Foundation's award for the social benefit on the 24th of March 2007. The awards ceremony at the annual FSF meeting, held at MIT in U.S.A, where they received the award from the founder of the FSF, Richard Stallman. The award, which is only one of two awards given by the FSF each year, was inspired by Sahana a year ago. The recipient of last year's award was Wikipedia, and Sahana follows in its footsteps this year.
2007: Listed on NASDAQ under the symbol 'VRTU'
2008: Finalists 2008 U.S. Secretary of State’s Award for Corporate Excellence (ACE)
2009: Announces the acquisition of InSource, a specialist technology consulting company
2010: Announces the acquisition of ConVista Consulting, LLC,a U.S.-based, privately-held, market leader in finance transformation in BFSI
2011: Acquires ALaS Consulting LLC, a Financial Services Consulting Firm.

Industry Accolades

         One of New England’s Fastest Growing Technology Companies (2006),
         SiliconIndia 100 (2006),
         Hyderabad Software Exporters Award (2005),
         Global Services: 100 Most Innovative Service Providers (2006),
         Quality Award for Open Reach product (2006),
         Pega Partner Excellence Award (2003, 2005)
         Bank One Excellence Award (2003)
         Virtusa Named One of '100 Fastest Growing Public Companies' by Boston Business Journal

Corporate Social Responsibility:

The company has a community support program that focuses on education and uses its IT competencies for meeting the needs of the community.
         Virtusa recently facilitated setting up IT laboratories for fifty schools in the Uva province of Sri Lanka. The program was carried out in partnership with a local university in Sri Lanka.
         In the wake of Tsunami in 2004, its employees actively participated in the development of Sahana, an open source based disaster management system.
         Virtusa assists various events at universities and educational institutions by way of program sponsorships, mentoring and career guidance to develop leadership, planning and organizing skills.
         Virtusa’s Software Testing Practice developed a course structure, prepared handouts and delivered presentations to supplement the software testing and quality assurance modules offered at universities and academic institutions. The course included lectures and workshops on Software Quality Principles, Quality Assurance, Quality Control, Quality Management, Quality Strategy, Test Planning and Test Design
         The Virtusa Practitioner Series - A program in which Virtusans conducts seminars and knowledge sharing talks to university students on areas relevant to their university courses. Recent topics in this series include Enterprise Integration Architecture, Software Engineering: The Virtusa Way, Organizational Structures, FOSS, User Interface Training and IT Career Guidance.
         Virtusa Academic Excellence Award is presented to several students for topping their respective batches and excelling in their final year projects.

Company Reviews:

1.      “Good Place to kick start your career”
Pros
Compensation is good.Management team is friendly and helpful.Since it is a relatively small organisation,your efforts are easily visible.Recognition and Appraisal is easier compared to an infosys or TCS.
Cons
The number of mainframe projects is quite less.Change of Domain can be a difficult task in here.

2.      Virtusa Software Engineer:   (Past Employee - 2010)
“Good company for starting”
Pros
work culture
Knowldege Sharing
Training and leadership
Cons
location is very far in Hyderabad

3.      Virtusa Anonymous:   (Past Employee - 2010)
“Excellent, I love it there” 
Pros
Excellent work ethics. Good motivation. Market comparable pay packages. They take care of all employee needs. Travel, accommadation everythign is good.
Cons
Busy schedules some times makes the employees stretch too much. Senior management should get hands on experience such that a manager exactly knows what his staff is doing instead of just going by third party feedback.


3.     POSSIBILITIES OF THE COMPANY:

Expansion and potential of the organisation: 
         Virtusa to spend $20 million on Indian expansion. The company plans to expand its software development centres in Hyderabad and Chennai and add about 1,000 professionals.

         In 2010, the company bought ConVisa Consulting for $24.8 million.

         Virtusa Corporation VRTU +1.79% , a universal IT services firm that offers a extended spectrum of business consulting and outsourcing services, voiced that on July 1, 2011, Virtusa acquired significantly all of the properties of ALaS Consulting LLC (“ALaS”), a heading provider of consulting and instructive services to financial services companies. Virtusa will bring on all 150 Alas employees and will offer them a combined $4 million worth of Virtusa shares.

         Virtusa's revenues last year grew by 33 percent year-over-year to $218 million, while profits also increased from $12 million to $16 million.


Sunday, 15 January 2012

The Joy of Words


    " I suddenly discovered the joy of mere words, i.e. the sounds and associations of words...I wanted to write enormous naturalistic novels with unhappy endings, full of detailed descriptions and arresting similes, and also full of purple passages in which words were used partly for the sake of their own sound.  "                          
                                                                                                               - George Orwell

  An area of interest is 'bailiwick' as 'godspeed' is to success or fortune.
    'Jocularity' would be funny speech/behaviour as 'mellifluous' is to a pleasant sound..and the list goes on..
    Perhaps what appeals more to me is the beauty that these words can create when used in a phrase, that possibly surpasses what those words have together. 
    I remember that one of my favourite books when I was a kid used to be "Through the Looking Glass" by Lewis Carroll, an extension of Alice In Wonderland, simply because of its exaggerated and extensive yet exquisite vocabulary which in turn created descriptive phrases. These would then perform the magic by instantly drawing up realistic visual images, (complete with sound, taste and smell and all that appeals to the five senses) in my mind, of Alice with the fat twins- tweedledum and tweedledee, the Jabberwocky, the Mad Hatter's tea party, of the rabbit, the White Queen's pawns, the checkerboard.. having transported myself to another world, feeling a myriad of emotions - joy, anxiety, fear, exhilaration, sadness and so much more, all the while craving for more as i turned the pages, one leaf at a time.
    Then I moved onto mystery novels, Lord of the Rings, The Wuthering Heights, Jane Austin's classics, George Orwell Essays, always experiencing a thrill the moment I begin reading, meanwhile trying to satisfy the insatiable thirst of my curiosity as to the fate of the characters involved in the story, till the moment I finish the book.
     The Shawshank Redemption - one of the greatest movie ever made became one of my faves after having just seen it once during the holidays, because of Morgan Freeman's simple yet eloquent, short yet descriptive and mellifluous soliloquy, let alone the storyline( which was also awesome). Use of friendly, made-up and uncommon phrases like 'easy peasy japanesey' among others, throughout the whole movie, was certainly an added pleasure.
     Words like melodycaressgossamervelvettranquiltwilight and murmur  or even willowhushgolden and whisper come in my list of 'beautiful-sounding' words. One writer says home is the most beautful word. I think I agree with him.
    'CellarDoor' was recently voted as the most beautiful-sounding word. 
    As for me, I would say the most beautiful individual word would be - Lisabeth, my only sister.



        ~  "I don't speak the language of the piano, but I can still sing in it"~                    
ROSE J.