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Luxoft Ranks No.18 on International Association of Outsourcing Professional's 'Global Outsourcing 100'

July 2, 2014

Luxoft Holding reported its 2014 leadership rank of #18 on International Association of Outsourcing Professional's "Global Outsourcing 100."

In its release, Luxoft said that it was also recognized for vertical leadership in IAOP's "Best 20 Leaders," in Financial Services, Technology, Industry Specific Services, Telecommunications, Information and Communication Technology Services, and Research and Development Services.

Luxoft noted that it was also recognized for diverse geographic footprint in "Best 20 Leaders," in the United States, United Kingdom, Western Europe, and "Best 5 Leaders" for employees in Central and Eastern Europe.

"At a time when there is a growing need to outsource, The Global Outsourcing 100 and The World's Best Outsourcing Advisors lists have become invaluable reference tools to help companies research service providers," said Debi Hamill, IAOP CEO. "The companies named on these lists and sub lists have demonstrated their expertise following a rigorous, independently judged process and represent the top in the industry."

"Over the course of one year's time, our ranking improved by over 20 positions, placing us into the Top 20 leading providers. We are confident that our value proposition is resonating well with the market," said Luxoft CEO and President Dmitry Loschinin. "Our industry expertise, solutions and global delivery footprint continue to challenge the status quo of traditional IT outsourcing models, and we consider this recognition to be a testament to this trend."

Luxoft Holding, Inc is a provider of software development services and IT solutions.

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