Luxoft Strengthens its In-Memory Business Intelligence expertise by partnering with QlikTech

Moscow, Russia and New York, US – February 18, 2010 – Luxoft, a leading global provider of advanced application and product development services, today announced its partnership with QlikTech, a leading business intelligence company.

QlikTech pioneered the in-memory business intelligence space on the premise that meaningful analysis belongs in the hands of the users who need the information, when they need it. QlikView, QlikTech’s key product, is designed to deliver immediate business answers and enable users to easily explore their data without limits. Unlike traditional business intelligence, QlikView can deliver value with payback measured in days or weeks rather than months, years, or not at all.

Luxoft has built its reputation by providing tools and services that business owners need to stay ahead in today’s new business environment, while supporting the demands placed on IT organizations. “The next evolution of enterprise applications must provide a new level of competitive advantage through flexibility and productivity. Our customers expect that new systems will not only help them streamline their operations, but that all data can be mined for meaningful business analysis”, says Vasily Suvorov, Luxoft’s Vice President, Technology Strategy. “QlikView adds a completely new level of sophistication and value to our customers and this is exactly what we have been looking for to help us set our service offering apart from our competitors, by helping our customers make sense of their data in a quick and easy way that they never thought possible before”.

“QlikTech is pleased that Luxoft has recognized the opportunity to include QlikView in its product suite, as its business intelligence offering,” stated Rogier Verheij, Vice President QlikTech. “QlikView can enable Luxoft to deliver on their mission to give their customers a tool they need to effectively manage their business, especially in today’s environment.”

About QlikTech

QlikTech has more than 12,000 customers in 95 countries and over 800 partners worldwide. QlikView can be deployed on premise, in the cloud, or on a laptop or mobile device—from a single user to the largest global enterprise. For more information, please visit www.qlikview.com.

About Luxoft

Luxoft, a member of the IBS Group, is an emerging global leader in application and product engineering outsourcing services for enterprise IT organizations and software vendors. Luxoft builds lasting partnerships with its clients, such as Boeing, Deutsche Bank, UBS, Dell, IBM, Sabre and other global leaders, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers global delivery capability through its network of state-of-the-art delivery centers in North America, Central & Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, best-of-breed processes and methodologies, and a choice of engagement models.

Luxoft has been awarded the #1 position in the “Emerging European Markets” category of the 2009 “Global Services 100” list. Company is also a recipient of the Applied Innovation Award from the IAOP and Wipro, ITAA and Forbes (together with Deutsche Bank).