Luxoft’s Computer Vision and Augmented Reality Software to Power Digital Automotive Experience and Autonomous Driving

Public Company Information:
NYSE: LXFT
VGG572791041

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 the launch of its Computer Vision and Augmented Reality solution. The software framework is optimized for embedded hardware, and helps implement a wide range of in-car Advanced Driver Assistance Systems (ADAS) functionality quickly and cost-efficiently.

The computer vision and augmented reality solution encompasses road recognition, vehicles detection and tracking, and a single camera-based egomotion engine. The feature-rich and robust solution supports seamless navigation integration, and maps and sensor data fusion. The framework augments drivers’ visual reality with supplementary objects in real time, and works with various output devices such as head unit displays, digital clusters, head-up and optical head-mounted displays.

“Car’s human machine interface is the key to building both a unique user experience and differentiating the brand,” said Luxoft’s Global Business Development Director of Automotive, Serkan Arslan. “By adding the computer vision and augmented reality features to the human machine interface, an automaker takes the user experience to the entirely new level. Vital alerts and road information can be displayed on a windscreen or a head-mounted wearable device. This is one of the key enabling technologies for not only the digital user experience, but the future autonomous driving.”

The use cases for Luxoft’s computer vision and augmented reality solution include active parking search, adaptive cruising, augmented navigation, road and traffic sign recognition, and assistance in a low visibility mode. The framework is ready for the use with the real-depth head-up displays with wide field of view.

“Our software framework blends cutting edge technologies such as machine learning and pattern recognition, and enables a number of breakthrough capabilities, including augmented navigation, adaptive cruising, road sign recognition and more,” said Luxoft’s Managing Director for Automotive and Transport, Mikhail Bykov. “Combined with Luxoft’s professional engineering services, the framework can be implemented quickly and cost-efficiently.”

Luxoft will demonstrate its computer vision and augmented reality solution along with demonstrations for the Company’s HMI, digital instrument cluster, and Internet of Things (IoT) solutions during the Consumer Telematics Show 2015 in Las Vegas, NV, on January 5, 2015. Please email automotive@luxoft.com to schedule an exclusive demonstration or to meet with our experts. Visit Luxoft at http://automotive.luxoft.com/ to learn more.

About Luxoft

Luxoft Holding, Inc (NYSE:LXFT US) 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 18 dedicated delivery centers worldwide. It has over 8,100 employees across 22 offices in 14 countries in North America, Mexico, Western and Eastern Europe, and Asia Pacific. 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.


Contact:

Luxoft Holding, Inc
Alina V. Plaia, +1 212-964-9900 ext. 2404
Vice-President, Global Communications
IR@luxoft.com
or
Patrick R. Corcoran, +1 212-964-9900 ext. 2453
Manager, Public Relations
pcorcoran@luxoft.com