Bangalore, June 16, 2014: Virtusa, the global IT services leader with significant delivery from India has been awarded the BSA- Software Alliance's Software Asset Management (SAM) based Verafirm certification -- only the fourth company in the world to be so honoured.
The certification recognizes best practices implemented by Virtusa Corporation in SAM through the entire software life cycle from procurement, inventory management, deployment, license compliance to usage monitoring.
Says Vipin Aggarwal, India Chair, BSA The Software Alliance: “Today, organizations are recognizing software as a strategic asset, making Software Asset Management a critical business tool. We congratulate Virtusa on achieving this certification, which recognizes it as a highly ethical company with strong corporate governance. Globally, India is already at the forefront of implementing SAM and we look forward to continued success with increasing adoption among private as well as government organizations.”
Adds USA-based Kris Canekeratne, Chairman and CEO of Virtusa: “We are delighted to be the fourth company in the world to be awarded the BSA Verafirm Certification. It reaffirms our commitment to the governance and protection of intellectual property rights of software publishers, our partners and our clients, and lead the industry in ethical business practices and corporate governance.
And says Madu Ratnayake, Colombo, Sri Lanka-based Senior Vice President & Head of Digital at Virtusa : "Verafirm certification enabled us to validate our software governance approach. We have systematically enhanced our intellectual property and software governance process with automation for optimization and sustainability. We are delighted to be recognized with BSA Verafirm Certification for our intellectual property management efforts. ”
Verafirm is a simple, convenient, and effective free online tool that lays the foundation for an organization to manage its software assets, stay compliant and connect with customers interested in doing business with ethical companies. It provides a platform for companies to mitigate potential business liabilities, ensure documents are accounted for in case of audits, reduce costs, improve business efficiency and protect their companies from the security risks associated with outdated or pirated software.
In India, Verafirm Certified has been tested through pilot programs that were conducted with Symphony Services in 2011 and Delhi International Airports Limited (DIAL) in 2012. In 2013, KPIT became the first publicly listed company to receive the prestigious Verafirm Certified from BSA.