The member of the IBS Group and the leading global provider of the advanced application and the product of the development services is the Luxoft. It announced that they continued the momentum to fueled by the customer and the partner engagements, the product of the innovation and the strategic leadership team additions. The Luxoft during the past several months they have experienced strong growth due to the increasing demand for high-end applications and product development expertise in the market. The company grew its revenue to US$206 million, a 38 % increase YoY, in the FY 2010. It is attributed to the growing demand of the Luxoft services. This is such the automotive, telecommunication, software and the media. This is to notable the clients wins in the markets included the Ford, HP, AMD, T-Mobile and the CLX Europe. As a result of continued innovation in the infotainment sector, Luxoft’s automotive practice gained significant momentum. The Telematics Update Conference, the company announced a jointly developed in-car media server and Internet connectivity reference platform with Elektrobit. This device is to is to customers that enables to browse the Internet. This is also to download share and enjoy digital content on the go. “The platform joins DroidBUZZ, LUXdash and LUXnet as solutions that help automotive companies fulfill evolving infotainment needs of modern day consumers.” With the Harman International the Luxoft also have the unveiled strategic relationship. The art of this engagement, in addition to providing ongoing maintenance of Harman’s current products, Luxoft’s team of experienced engineers will contribute to the creation and development of new, sophisticated infotainment systems for motor vehicles. Strategic additions were made to its travel & transportation and energy & utility practices. Jeffrey Osborn joined as the global head of Luxoft’s travel & transportation line of business and Joseph Jerz was appointed global head of its energy & utilities group in the past three months. Mr. Osborn and Mr. Jerz will be tasked with enhancing sales and business development strategies in their respective markets. and bring more than 45 years of collective experience to their roles at Luxoft. “The outsourcing industry is in the midst of an evolution. Companies are in search of global technology service partners who can deliver high-end results and operate as a seamless extension of their teams,” said Dmitry Loschinin, president and CEO of Luxoft. “Our continued growth signifies that such companies recognize that our services stand apart from the competition and bring innovative thinking, cutting-edge developmental techniques, and excellence in service delivery to every engagement. With these advantages under our belt, we expect to see a similar growth pattern to continue in the future quarters.” The outsourcing makes the companies strong and best among others. Outsourcing, base in this news the luxoft is still the leading global outsourcing provider. The outsourcing finds solution to the problem of the company that have this outsourcing . Some people don’t want this strategy and technique but most of the people use this because they know that this will be a big help for them
Reference:
http://itonews.eu/luxoft-continues-momentum-as-a-leading-global-outsourcing-provider/
