📈 Virtusa’s $5 Billion AI & Expansion Strategy
Virtusa CEO Nitesh Banga has detailed a strategic roadmap to scale the company into a US$ 5 billion enterprise, positioning the firm as a leader in domain-driven engineering for the AI era. • Strategic Growth Pillars: The plan balances organic growth with aggressive inorganic expansion. Recent acquisitions like Valentia Partners (regulatory/advisory), Maverick (Salesforce/Cloud), and SmartSoC (Semiconductors) are designed to broaden the technology stack and market reach. • The "Chip-to-App" Advantage: Through the SmartSoC acquisition, Virtusa is pivoting toward "chip-to-app" engineering. This end-to-end capability integrates foundational silicon engineering with cloud and enterprise applications, essential for complex AI infrastructure. • Sri Lanka’s Strategic Role: Sri Lanka remains a cornerstone of Virtusa’s global delivery network. • A new innovation hub in Colombo, partnered with British insurer CFC, underscores the country's shift from a delivery center to a hub for AI-powered insurance solutions. • The Virtusa Thrive Academy is actively upskilling local talent to meet global AI and ICT/BPM demands. • AI Transformation: The Virtusa Helio suite is the primary vehicle for embedding AI into core business processes. The focus is on "human plus agent" workflows, emphasizing desirability, feasibility, and ROI-driven viability. _Note: Growth targets and regional impacts are based on executive strategy outlines as of January 2026._