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Profile: Luxoft Holding Inc (LXFT.N)

LXFT.N on New York Stock Exchange

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16 Nov 2018
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Luxoft Holding, Inc. (Luxoft), incorporated on March 7, 2006, is a provider of software development services and information technology (IT) solutions to a global client base consisting primarily of large multinational corporations. The Company's software development services consist of custom software development and support, product engineering and testing, and technology consulting. The Company’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 34 cities with delivery centers worldwide. Its products and platforms include Horizon, SuperCloud, Twister, iStockTrack, TEORA, Populus, AllView, CVNAR and Retail Engagement Suite (RES) in Internet of Things (IoT) space.

The Company’s advisory, platform architecture selection and packaged software services include consulting and implementation of Murex and Open Link, technology consulting, and in-house products and platforms. The Company is focused on over six industry verticals, including financial services; automotive and transport; telecommunications; travel and aviation; technology, and energy. The Company operates in the United States, Romania, the United Kingdom, Switzerland, Russia, Poland, Ukraine, Luxembourg, Germany and Cyprus.

Custom software development and support services

The Company provides a set of software development services, including application software development, software architecture design, performance engineering, optimization and testing, process consulting and software quality assurance, to enterprise clients in its financial services, automotive and transport, travel and aviation, and energy verticals. Its services span the entire development lifecycle, and combine processes for solving problems with domain and business knowledge, project management tools and global delivery capabilities. In certain cases, it also provides maintenance and support services for the software and applications that it has developed for its clients. In addition, it provides re- engineering and migration services for transferring legacy applications to its clients' new operating systems.

Product engineering and testing

The Company provides a range of product engineering services for product lifecycle, including functional specification and mock-ups, product design, engineering, automated testing, maintenance, support and performance engineering, to its clients in the technology, telecommunications, automotive and transport and energy verticals. It provides product engineering services by assembling specialized teams of IT professionals using Agile development methodologies.

Technology consulting

The Company's technology consulting services include IT strategy consulting, software engineering process consulting and data security consulting. The Company uses its methodologies and frameworks to assist clients in establishing their software development processes, including metrics analysis, quality control and appraisal procedures.

Horizon

Horizon is a data visualization framework that taps into existing data sources and provides user interfaces through dashboards, which enable strategic decision-making. Horizon uses business relevant navigation tools and a drill down from performance indicators to detailed data points. It has developed two more versions of its Horizon product with developed dashboards for risk-related functions, finance, asset management and institutional sales. In addition to providing dashboard variety, the new Horizon versions are focused on user experience and navigation, collaboration and data connectivity options.

SuperCloud

Luxoft's SuperCloud Network Function Virtualization (NFV) orchestration platform caters to the needs of telecommunication operators and enterprises by transforming traditional appliance based network services into software-based virtual network functions (VNF) deployed over virtualized infrastructure. SuperCloud is intended to offer DevOps agility to cloud services operators, allowing network administrators to spend time managing change requests from tenants, and designing and optimizing virtualized infrastructure in their software defined data centers. SuperCloud Orchestrator enables data center and cloud service providers to deploy and manage the lifecycles of VNFs and Software Defined Networking (SDN) applications. SuperCloud is vendor-neutral, extensible, integrated with SDN eco-system. Luxoft provides lifecycle professional services for SuperCloud, which tailor NFV solutions to the specific needs of customers.

Twister

Twister is an open source test automation solution developed for the enterprises communications market. Twister provides telecommunication equipment vendors, data system integrators and enterprise data services providers with an open platform for operational productivity and to test multiple devices, such as routers, switches, firewalls and private branch exchanges in a single framework. Twister delivers an approach to adopt test automation frameworks in the Cloud. Luxoft couples the Twister platform with lifecycle professional services.

iStockTrack

iStockTrack helps build mobile applications for iPhone operating system (iOS)-based devices (iPads and iPhones) for clients in the financial services sector. This product allows for creation of a dashboard that can be further customized based on user specifications and grant access to news streams, market data and other financial matters of the user's choice. This product consists of two parts: the user part that is uploaded onto an Apple device, and a backend part, developed on a Java Enterprise application basis. The user part is a set of components that visualize user-selected information, such as stock price, volume and volatility graphs, companies' financial statements, and various financial analytics in the intuitive format.

The Company competes with Cognizant Technology, Infosys, Accenture, Capgemini, CSC, EPAM, Tableau, Altia and Electrobit.

Company Address

Luxoft Holding Inc

Gubelstrasse 24
ZUG   ZUG   6300

Company Web Links