|[August 08, 2014]
Luxoft Recognized in Multiple Gartner Hype Cycles for Automotive and Transportation
NEW YORK --(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 that it has been listed by Gartner (News - Alert) Inc., a leading
IT research and advisory company, as a Sample Vendor in the Hype Cycle
for Vehicle-Centric Information and Communication Technology (Vehicle
ICT), 2014 by Thilo Koslowski, published on July 21, 2014.
The report discussed the ways in which "the connected vehicle and smart
mobility era will create new cross-industry innovations and define the
automotive industry's future." Luxoft was listed in four different
categories as a sample vendor.
Luxoft was listed along with CloudMade, Google (News - Alert), Nokia Here, Telenav, and
Yahoo in the Location-Based Services in Automotive category,
which "use information about the location of vehicles and users' mobile
devices by using GPS technology and/or cellular or Wi-Fi triangulation.
Examples are vehicle tracking, dynamic traffic services and local
Additionally, Luxoft was listed along with Apple, Clarion, Continental,
Google, Intel, Magneti Marelli, Microsoft, Nokia (News - Alert), and TomTom in the Mobile
Device Integration Into Automobiles category, which "enables the
integration of mobile devices within a vehicle."
Finally, Luxoft was listed in the Automobile eCall category
which covers "automotive telematics applications that automatically send
an emergency signal in case of a vehicle accident" and the Public
Telematics and Intelligent Transportation Systems category, hich
"represents automotive information and communication
technologies/services with the aim of improving traffic flow and
congestion, improving taxation, addressing environmental issues, and
providing intelligent transport system (ITS) solutions."
These categories within Koslowski's Hype Cycle were also republished in
three other Gartner reports:
"Hype Cycle for Smart City Technologies and Solutions, 2014," by
Alfonso Velosa et.al, published on July, 22, 2014.
"Hype Cycle for Operational Technology, 2014," by Kristian Steenstrup
published on July 23, 2014.
"Hype Cycle for Digital Insurance, 2014," by Juergen Weiss published
on July 24, 2014.
"Luxoft is extremely proud of these multiple and important recognitions.
We believe it reflects our deep vertical expertise in automotive and
transportation, along with horizontal expertise in mobility," said
Luxoft President and CEO Dmitry Loschinin. "We feel Luxoft being listed
alongside Google, Microsoft (News - Alert), Apple, and others is a testament to our
strengths as a global provider of IT services. Our investments into
research and development continue to prove beneficial as our expertise
is clearly being heard by the market."
Luxoft Holding, Inc (NYSE:LXFT US) 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 17
dedicated delivery centers worldwide. It has over 7,700 employees across
22 offices in 14 countries in Central and North America, Western and
Eastern Europe, and Asia Pacific. Luxoft is incorporated in Tortola,
British Virgin Islands, has an operating headquarters office in Zug,
Switzerland and is listed on the New York Stock Exchange. For more
information, please visit http://www.luxoft.com.
Gartner does not endorse any vendor, product or service depicted in
its research publications, and does not advise technology users to
select only those vendors with the highest ratings. Gartner research
publications consist of the opinions of Gartner's research organization
and should not be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a particular
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