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HOME > PRESSROOM > Press FAQ |
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| 1. What is Luxoft's revenue? |
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Luxoft's revenues Compound Annual Growth Rate (CAGR) for the past six years (2000-2006) was about 50%, representing the company's dynamic growth and its ability to retain existing client while bringing in new customers.
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| Year |
Revenue (U.S.)$M |
| 2000 |
3 |
| 2001 |
6 |
| 2002 |
8 |
| 2003 |
14 |
| 2004 |
25 |
| 2005 |
45 |
| 2006 |
64 |
| 2007 (Est.) |
105 |
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| 2. What is Luxoft's headcount growth? |
| To meet the demand of our current client projects, Luxoft currently employs more than 2300 engineers across eight development centers. The quality of our employees is ensured by Luxoft's internal recruitment team and external professional recruitment agencies. Such growth allows us to efficiently meet high market demand for qualified industry professionals and provide our clients with top level IT talent.
The quality of our employees is ensured by Luxoft's internal recruitment team of 20 specialists, the company's regional recruitment team, and external professional recruitment agencies. We use various recruitment tools such as referral programs, student internships, retraining programs, direct employee search, and event recruitment to draw new qualified candidates for work at Luxoft.
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| Year |
No. Of Employees |
| 2000 |
100 |
| 2001 |
200 |
| 2002 |
300 |
| 2003 |
600 |
| 2004 |
1000 |
| 2005 |
1200 |
| 2006 |
2300 |
| 2007 (Est.) |
2800 |
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| 3. What is Luxoft's client growth over the term of company's existence? |
| Luxoft's growth is achieved through acquiring new customers and retaining existing clients.We believe in long-term partnerships with our clients, and our relationships with the majority of customers span the company's entire existence starting in 2000. We enjoy excellent customer loyalty and strive to grow and maintain our level of performance.
Our current customer retention rate exceeds 90%, a significant rate considering industry standards. Luxoft has earned the status of preferred supplier with clients such as Boeing, IBM, DELL, and many others.
In addition to annual customer satisfaction reviews, Luxoft actively seeks our customer feedback, gathering their professional advice on company's strategic development and plans. Luxoft's annual Customer Advisory Board meetings serve as a main tool for such communication between the company and its growing customer base.
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| Year |
No. Of Clients |
| 2000 |
5 |
| 2001 |
12 |
| 2002 |
20 |
| 2003 |
25 |
| 2004 |
28 |
| 2005 |
37 |
| 2006 |
45 |
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| 4. What are Luxoft's Services? |
| Luxoft's approach is based on three key components that work harmoniously to make any engagement successful.
1. Client engagement framework, LUXguide™ - a flexible roadmap to successful IT outsourcing engagement customized for each client. We guide our clients using Luxoft's proven and flexible engagement framework to establish smooth outsourcing experience, to highlight any hidden costs, and to prevent possible risks. Luxoft's engagement framework is flexible enough to meet each client's needs yet firm and proven enough to create repeatable patterns of success. Parameters include things like sourcing objectives, mutual relationship goals and detailed expectations & responsibilities. Luxoft's approach is based on three key components that work harmoniously to make any engagement successful.
2. Integrated IT services and dedicated development centers, LUXline™ - we offer full IT service line, which is composed of Standard Services: Application development and maintenance, Product Engineering, Embedded Systems Development, Software Quality Assurance, and IT Infrastructure Management - and LUXline™ Premium services: Architecture Consulting, Security Consulting, Performance Services, and Process Consulting - and which is continuously expanding to meet various clients' needs.
Luxoft dedicated development centers are customized client-centric "Command and Control" production platforms to deliver our IT services. These centers are aligned with our client's infrastructure, development processes, project management, and resource control management to successfully carry out day-to-day operations.
3. Luxoft offers LUXwork™, the company’s technology talent supported by shared services and engaged in the optimal form for the customer to provide IT integrated services and to offer distinct advantages to clients with a variety of specific needs. The customer enjoys the integrated LUXwork shared services such as the Knowledge Base, Center of Practice and QA, IT Support, Operations, HR and Training.
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| 5. Why go with Luxoft? |
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Companies look to Eastern Europe for sophisticated product engineering and high-end application development.
They choose Luxoft because of:
• Deep industry domain knowledge
• Product Development Capability
• Top-notch people that Luxoft hires, retains, and trains (Top-Heavy People Talent Mix – 80+ % Masters, 80+% 5+ years experience , 92% employee retention rate)
• Nature of the strong, trust-based partnership they can have with the company
• Variety of flexible sourcing options that they can achieve by partnering with Luxoft
• Size and Global Reach
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