Luxoft Listed in Six Gartner Hype Cycles

Company Release - 8/4/2015 8:00:00 AM

NEW YORK--(BUSINESS WIRE)-- Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base today announced that it has been listed by Gartner Inc., a leading IT research and advisory company, as a Sample Vendor in:

  • Hype Cycle for Managing Operational Technology, 2015 by Kristian Steenstrup, published on August, 3, 2015,
  • Hype Cycle for Telecommunications Industry, 2015 by Gyanee Dewnarain, published on July 28, 2015,
  • Hype Cycle for Connected Vehicles and Smart Mobility, 2015 by Thilo Koslowski, published on July 21, 2015,
  • Hype Cycle for Digital Insurance, 2015 by Juergen Weiss, published on July 17, 2015,
  • Hype Cycle for Application Services, 2015 by Frances Karamouzis, published on July 16, 2015, and
  • Hype Cycle for Application Security, 2015 by Joseph Feiman, published on July 9, 2015.

Luxoft was listed in the Hype Cycle for Connected Vehicles and Smart Mobility, 2015 as a Sample Vendor under the following categories:

  • Location Based Services in Automotive
  • Mobile Device Integration into Automobiles
  • Public Telematics and Intelligent Transportation Systems
  • Automobile eCall

Luxoft was also listed as a Sample Vendor for Automobile eCall Systems in the Hype Cycle for Digital Insurance, 2015 by Juergen Weiss, published on July 17, 2015 and Public Telematics and Intelligent Transportation in the Hype Cycle for Telecommunications Industry, 2015 by Gyanee Dewnarain, published on July 28, 2015 and Hype Cycle for Managing Operational Technology, 2015 by Kristian Steenstrup, published on August, 3, 2015.

Luxoft was listed in the July 16, Hype Cycle for Application Services, 2015 as a sample vendor under the category Application Testing Services.

Luxoft was listed in the July 9, Hype Cycle for Application Security, 2015 as a sample vendor under the category Application Security Professional Services.

“We are very excited about both the vertical and horizontal recognition by Gartner,” said Luxoft President and CEO, Dmitry Loschinin. “We believe that the end-user marketplace continues to demand industry expertise coupled with horizontal skill sets. Our automotive line of business is a great example of where Luxoft’s application testing and security competencies are essential for our differentiating and strengthening our end-to-end offering.”

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Luxoft

Luxoft Holding, Inc (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 24 dedicated delivery centers worldwide. It has over 9,500 employees across 27 offices in 15 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit http://www.luxoft.com.

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Luxoft Holding, Inc
Alina V. Plaia, 212-964-9900 ext. 2404
Vice-President, Global Communications
IR@luxoft.com
or
Patrick R. Corcoran, 212-964-9900 ext. 2453
Manager, Public Relations
pcorcoran@luxoft.com

Source: Luxoft Holding, Inc