NY: Virtusa Opens Technology Center in Troy, Adding 200 New Jobs | Trade and Industry Development

NY: Virtusa Opens Technology Center in Troy, Adding 200 New Jobs

Jul 10, 2013

Governor Andrew M. Cuomo announced Virtusa, a Massachusetts headquartered global IT services company has opened a new technology center in Troy, NY. The growing company is projected to create up to 200 new jobs in the Capital Region by the end of 2014. Virtusa is actively hiring now to fill positions including engineers, analysts and project managers. Interested candidates are encouraged to send their resume and cover letter to Albanyjobs@virtusa.com.

“In New York's Capital Region and across upstate we are continuing to attract and support startup companies that create next generation jobs for our communities,” Governor Cuomo said. “Virtusa’s decision to expand and establish its technology center in the City of Troy is the latest example of New York's expanding high-tech sector which is a key component of bringing back the upstate economy. I encourage interested New Yorkers to take advantage of the jobs this expansion has created apply for an opportunity at this growing company.”

Virtusa’s new 10,000 square foot technology center, the company’s most recent major investment in a US-based technology center, is strategically located within the Rensselaer Technology Park and easily accessible to Virtusa clients across the northeast. The technology center allows Virtusa to offer high quality, cost-effective nearshore IT services to its clients, improving the effectiveness of its optimized global delivery model. Additionally, its location near more than 15 colleges and universities in the Albany area enables the company to source and collaborate with local technology talent.

“The new technology center will be a thriving hub of ideas, taking advantage of the region’s abundant technology talent and close proximity to clients,” said Harsha Kumar, senior vice president and executive sponsor for the center. “The dynamic environment is designed to accelerate the ideation process and enable our clients to completely rethink and transform their customer experience.”

In return for the company’s investment in the Capital Region, the State is providing $200,000 in performance-based Excelsior Jobs tax credits. The credits will assist the company with building fit-up and the purchase of machinery, and will support the creation of 40 new, high-paying jobs at the Troy facility. Virtusa, which has two offices in New York City, anticipates significant growth over the next year and projects bringing 200 new jobs to the Capital Region alone.

“The Capital Region is increasingly becoming an innovation hub for technology companies, with its premier higher educational institutions, access to high quality, talented workforce and a rich cultural heritage that provides a nurturing environment for technology companies like Virtusa to thrive and grow,” said Empire State Development President, CEO & Commissioner Kenneth Adams. “We are delighted to welcome Virtusa into the Capital Region and look forward to working with them to bring the high-tech jobs of the future right here to the region.”

The new technology center extends Virtusa’s ability to deliver highly specialized services to its Global 2000 client base, including a business process management (BPM) center of excellence built on the Pegasystems’ BPM platform. The technology center is also being designed to support several innovation initiatives for Virtusa’s Healthcare, Financial Services and Media & Information Services clients.

About Virtusa

Virtusa provides end-to-end information technology (IT) services to Global 2000 companies. These services, which include IT consulting, application maintenance, development, systems integration and managed services, leverage a unique Platforming methodology that transforms clients’ businesses through IT rationalization. Virtusa helps customers accelerate business outcomes by consolidating, rationalizing, and modernizing their core customer-facing processes into one or more core systems.

Virtusa delivers cost-effective solutions through a global delivery model, applying advanced methods such as Agile and Accelerated Solution Design to ensure that its solutions meet the clients’ requirements. As a result, its clients simultaneously reduce their IT operations cost while increasing their ability to meet changing business needs.

Founded in 1996 and headquartered in Massachusetts, Virtusa has operations in North America, Europe, and Asia.

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