Luxoft Receives 2015 Best Outsourcing Thought Leadership Award

Luxoft Honored for Innovation in Real-World Use Case

Public Company Information:

NYSE: LXFT
VGG572791041

NEW YORK--(BUSINESS WIRE)--Luxoft Holding, Inc (NYSE:LXFT US), a leading provider of software development services and innovative IT solutions to a global client base, today announced that it has been named a 2015 Best Outsourcing Thought Leadership Awards (BOTL) winner by The Outsourcing Institute, the largest, neutral professional association dedicated solely to outsourcing. The BOTL Awards’ Wall Street Tech Innovation showcases the most innovative work from providers across the outsourcing industry.

“We are very excited to be among the few winners of this prestigious award,” said Pierre Castagne, Managing Director for Financial Services at Luxoft. “Luxoft’s Horizon is a great example of how we combine deep industry expertise with technical skills to create powerful and quick to market Java-based dynamic HTML-5 solutions for customers, which incorporate our know-how within Big Data, User Experience (UX) and Mobility areas. We improve Horizon continuously based on new regulatory requirements and new types of risks to which enterprises must pay attention. Such product development would be impossible without advanced understanding of governance, risk and compliance intricacies by our solutions team and that’s where the value-added element of Luxoft’s service offering as a new generation provider comes into play.”

A judging panel of eight senior sourcing executives from Fortune 1000 enterprises selected Luxoft for its thought leadership piece that exhibited a use case that encompasses innovation, creativity and results. Luxoft is being recognized as a winner in the Real World Use Case - Innovation category. The Awards will be presented at the upcoming Wall Street Tech Innovation Conference being held Tuesday, June 2, 2015 in New York City.

“Luxoft is being recognized for delivering measurable value to its client engagement and helping them thrive in the incredibly challenging Wall Street and BFSI environment with innovative and cost saving solutions,” said Frank Casale, founder of The Outsourcing Institute and producer of the Wall Street Tech Conference. “We congratulate Luxoft and its high-performing service provider team for its visionary client success.”

Luxoft’s Horizon strikes a balance between business and technology by combining powerful visualization, dynamic and business relevant navigation, and an advanced drill down from key performance indicators (KPIs) to detailed data points. This product allows building synthetic screens, highlighting the key indicators to focus on in a given context. Such flexibility and direct access to bank records ensured unparalleled visibility and understanding of the situation, all of which were instrumental in the decision making process.

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 9,000 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.

About The Outsourcing Institute

Founded in 1993, The Outsourcing Institute is the largest neutral professional association dedicated solely to outsourcing, comprised of more than 70,000 professionals worldwide and providing information, research, networking opportunities and customized outsourcing solutions to the industry. For more information, contact us at info@outsourcing.com or visit us online at www.outsourcing.com.


Contact:

Luxoft Contact:
Luxoft Holding, Inc
Alina V. Plaia, 212-964-9900 ext. 2404
Vice-President, Global Communications
or
Patrick R. Corcoran, 212-964-9900 ext. 2453
Manager, Public Relations
pcorcoran@luxoft.com
or
The Outsourcing Institute Contact:
Ilona Mohacsi, SVP Industry Analyst & Media Relations
PenVine for The Outsourcing Institute
+1 631 764 3729
ilonam@penvine.com