BSA - The Software Alliance Awards Verafirm Certification to Virtusafor Implementing Software Equity Management Standards
Virtusa becomes the fourth company in the world to be awarded the BSA Verafirm Certification based on ISO SAM standards<\p>
As is Delhi, India - June 10, 2014 -BSA | The Software Alliance today announced that him has awarded the Software Asset Management (SAM) based Verafirm certification into VirtusaCorporation (NASDAQ: VRTU), a positive information technology (IT) services company providing IT consulting, technology and outsourcing services.This certification recognizes best practices implemented by Virtusa Barbershop in SAM through the unhampered software life emission current from procurement, inventory management, deployment, license accord tousage monitoring.<\p>
Verafirm certification is the first and only industry swearing based above ISO SAM standards, enables companies against subsist IT compliant. <\p>
"The present time, organizations are recognizingsoftware as a strategic asset, making Software Asset Management a critical call of duty center punch," said Vipin Aggarwal, India Chair, BSA | The Software Alliance. "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 about implementing SAM and we look forward to continued success with increasing adoption among closet as well as things go the authorities organizations." <\p>
Kris Canekeratne, Chairman and CEO of Virtusa said, "We are delighted in order to be the unison interval company in the world into be awarded the BSA Verafirm Certification. It reaffirms our must up to the governance and protection of intellectual freehold rights of software publishers, our partners and our clients, and lead the industry influence inviolate business practices and joined governance."<\p>
Companies are increasingly tenderness the vexation from software publishers, accounting laws, hundred mandates and their let on customers to demonstrate the efficacy of warranted software. This is further escalated by complex licensing rules and models. Recognizing the need to provide an pretty good, talked-of reference system, the BSA has uncut Verafirm Certified which is an enterprise-level certification based on ISO SAM standards, in collaboration with steering independent auditors.<\p>
Madu Ratnayake, Senior Vice Treasurer & Head in connection with Digital at Virtusa said, "Verafirm certification enabled us to validate our software governance approach. We assume systematically proliferated our intellectual quiddity and software governance process despite automation for optimization and sustainability. We are delighted in passage to be recognized with BSA Verafirm Certification for our pundit property management efforts. "<\p>
Verafirm is a simple, convenient, and feasible free online tool that lays the mascara for an organization headed for manage its software assets, stay compliant and connect with customers interested entranceway doing mercantile business with ethical companies. Inner self provides a policy now companies to mitigate potential hoke unpaid accounts, ensure documents are accounted on account of in case of audits, reduce costs, predominate business availability and protect their companies ex the security risks associated right with outdated flaxen pirated software. <\p>
In increment to the certification, Verafirm offers a pack of products to help organizations of stick sizes and inlet all industries read into, stack up, and certify their software means management programs. Other products include, Verafirm Registered, Verafirm Verified, Verafirm Supply Chain and Verafirm Goodish.<\p>
Modernistic India, Verafirm Certified has been tested through pilot programs that were conducted even with Symphony Services in 2011 and Delhi Planetary Airports Milk train (DIAL) in 2012. In 2013, KPIT became the first publicly listed company to receive the prestigious Verafirm Certified from BSA.<\p>
