Luxoft Named a Top 15 Outsourcing Service Provider by ISG
December 13 2016 - 10:29AM
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 it has been named a Top 15
Sourcing Standout by Information Services Group (ISG), a
leading technology insights, market intelligence and advisory
services company.
Luxoft was among the leading providers in the Breakthrough
Sourcing Market categories for the Americas, EMEA, and APAC regions
based on annual contract value (ACV) won over the last 12 months,
according to the 3Q 2016 Global ISG Outsourcing Index®. Now in its
56th consecutive quarter, the ISG Outsourcing Index® provides
an independent quarterly review of the latest sourcing industry
data and trends for enterprises, service providers, analysts and
the media.
“We’re pleased to have earned our seventh consecutive listing on
ISG’s Top 15 Sourcing lists,” said Luxoft President and CEO Dmitry
Loschinin. “During this past quarter, we completed two strategic
acquisitions allowing us to enter the healthcare and pharmaceutical
market, to further our position in the telecom vertical,
substantially expand our foot print in North America, and to expand
our Human Machine Interface and digital cockpit practices in the
automotive space. Our clients are increasingly engaged with our
Centers of Expertise in digital transformation initiatives for big
data/analytics, Internet of Things, and others.”
“For nearly 15 years, the ISG Index™ has been the authoritative
source for marketplace intelligence related to outsourcing
transaction structures and terms, industry adoption, geographic
prevalence and service provider performance,” said Paul Reynolds,
chief research officer of ISG. “Luxoft continues to establish
itself as a leading and growing player in the global market for Big
Data, Cloud, Digital Experience, IoT and other services, based on
its volume of business in relation to other industry
providers.”
For more insight into Luxoft’s vertical and horizontal offerings
view ISG-Insights Briefing Notes, “Luxoft’s Software Engineering
Pedigree, Vertical Expertise Drive Front Office Transformation,” by
Stanton Jones, published by ISG-Insights on October 4, 2016 and
also, “Luxoft Develops IoT Offering Using Data Science,” by Jim
Hurley, et al, published by ISG on October 27, 2016.
About Luxoft Holding, Inc.
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 32 dedicated delivery
centers worldwide. It has more than 11,500 employees across 39
offices in 19 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 Information Services Group
Information Services Group (ISG) (NASDAQ:III) is a leading
technology insights, market intelligence and advisory services
company, serving more than 500 clients around the world to help
them achieve operational excellence. ISG supports private and
public sector organizations to transform and optimize their
operational environments through research, benchmarking, consulting
and managed services, with a focus on information technology,
business process transformation, program management services and
enterprise resource planning. Clients look to ISG for unique
insights and innovative solutions for leveraging technology, the
deepest data source in the industry, and more than five decades of
experience and global leadership in information and advisory
services. Based in Stamford, Conn., the company has more than 1,000
employees and operates in 21 countries. For additional information,
visit www.isg-one.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161213005869/en/
Luxoft Holding, IncAlina V. Plaia, 212-964-9900, ext.
2404Vice-President, Global CommunicationsIR@luxoft.comorPatrick R.
Corcoran, 212-964-9900, ext. 2453Director, Public
RelationsPCorcoran@luxoft.com
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