In this highly dynamic & competitive environment, one of the key tasks involved in accomplishing a successful engagement is choosing the right outsourcing vendor. Although the majority of significant offshore deals are still seized by leading market players, there is a sudden shift in factors now favoring mid-sized market players. Organizations are looking for mid-size offshore vendors who now bring flexibility, agility and business alignment with optimum cost and delivery options.

“Clients today emphasize a need for vendor agility, flexibility, the ability to offer business solutions that stem from tight vertical (and subvertical) alignment, responsiveness, and trust,” leading independent research firm, Forrester says. “Scale alone is no longer the only factor under consideration when sourcing suppliers for engagements, and midsized vendors will be playing a key role in the future of offshoring.”

In the July 2013 report titled “The Changing Value Proposition For Midsized Outsourcers” by Analyst Hansa Iyengar, Forrester Research, Inc. has identified midsized vendors that specialize in specific niches, and explains how “the midsized vendor segment makes for a better alternative when sourcing for specific skills rather than scale.”

In this report, Forrester cites Virtusa as being “heavily focused on driving innovation for clients by engaging with them to help design, develop, and deliver new products and services.”