Luxoft Russia

Luxoft was incorporated in Moscow, Russia, in 2000. Leveraging a legacy of Soviet engineering and R&D excellence, the company has quickly become a preferred vendor for high-end application development and product engineering projects for such global leaders as Boeing, Dell and IBM. Faced with rapid customer growth, Luxoft opened new development centers in St Petersburg, Omsk and Dubna to expand client support capabilities and tap into a regional talent pool. Today, each of those locations delivers complex projects for global blue-chip companies.

Currently Luxoft Russia counts 1,200+ employees. The company’s Moscow office serves as corporate global headquarters. A combination of Tier 1 (Moscow, St Petersburg) and Tier 2 (Omsk) locations enables Luxoft to provide customers with a scalable and highly-skilled resource pool, while effectively managing costs of engagement.

Luxoft Russia Benefits

• Nearshore advantage for Western European clients
• Strong product engineering skills
• Sustainable pool of highly-skilled resources
• Highest-quality processes
• 7% personnel attrition rate
• Alignment with European culture

About Russia

Consistently ranked by industry analysts as the premiere destination to outsource high-end, complex IT application development work, Russia is experiencing a dramatic influx of business from all sectors of the global economy.

Key Facts

People Talent: Strong R&D and complex programming capability

• More than 1.3 million degreed professionals are circulating in Russia’s economy, with an estimated 2.35 million more in its university system
• 50% of the Russian student population majors in technology, science or engineering, which is far more than in China, India, Japan or the U.S.
• Russia’s 1,087 universities focus on math, IT and engineering disciplines

Government support
Two government measures with important implications for the software market were introduced in January, 2008. A new legal code came into operation, which strengthens protection of IT intellectual property, and cancellation of VAT on software licensing agreements.

Nearshore advantage

• Easy travel: two to three hour trip from Western Europe
• +3 GMT
• Cultural proximity to Europe