NEW YORK--(BUSINESS WIRE)--

Luxoft Holding Inc (NYSE:LXFT), a global IT service provider, today announced it has been listed in Competitive Landscape: Agile and DevOps Services by Neil Barton, Patrick J. Sullivan and Fabio Di Capua (22 January, 2018), a Gartner report that provides a summary, overview, strategic planning assumptions and analysis on the Agile and DevOps services market.

Gartner is a leading IT research and advisory company that produces technology-related insight intended to provide an understanding of the market and its offerings. Luxoft was listed as a Competitive Profile in the report, Competitive Landscape: Agile and DevOps Services.

The Luxoft Agile Practice was established in 2004 and is working on more than 200 projects across multiple industries including financial services, automotive and healthcare. It employs more than 3,500 Agile practitioners and senior dedicated Agile coaches/trainers. Luxoft also has a strong practice of DevOps certified engineers.

Luxoft’s Agile and DevOps capabilities are coupled with a newly formed practice, Luxoft Digital, that focuses on areas such as blockchain, Internet of Things (IoT), user experience/user interface (UX/UI) and cloud. As such, they facilitate a robust and scalable approach to digital transformation projects.

Digital Transformation Framework and Internet of Things (IoT)

Luxoft was also mentioned in IoT: Think Big, Start Small, Move Fast by Denise Rueb and Nathan Nuttall (15 October, 2017), a Gartner report that provides a summary, overview, strategic planning assumptions, analysis, and case studies of deploying an Internet of Things framework.

Luxoft was also cited in the Gartner report, Competitive Landscape: IoT Service Providers by Denise Rueb, Eric Goodness, Peter Middleton and Saniye Burcu Alaybeyi (18 September, 2017).

“We don’t have legacy software development in our current delivery model meaning we hire highly skilled IT consultants and engineers, which underpins our digital transformation framework,” said Patrick Corcoran, Global Director of External Relations at Luxoft. “This, combined with our extensive Agile and DevOps network, is why we’re able to continuously break new ground in helping corporates implement technologies like IoT into their business.”

Disclaimer

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About Luxoft

Luxoft (NYSE:LXFT) is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering. Luxoft enables companies to compete by leveraging its multi-industry expertise in the financial services, automotive, communications, and healthcare & life sciences sectors. Its managed delivery model is underpinned by a highly-educated workforce, allowing the Company to continuously innovate upwards on the technology stack to meet evolving digital challenges.

Luxoft has more than 13,000 employees across 42 offices in 21 countries within five continents, with its operating headquarters office in Zug, Switzerland. For more information, please visit the website.

Forward-Looking Statements

This news release of Luxoft Holding, Inc (“Luxoft”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements are subject to, without limitation, the risk factors discussed under the heading “Risk Factors” in Luxoft’s Annual Report on Form 20-F for the year ended March 31, 2017 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.

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