Contact Center Solutions Featured Article

January 09, 2008

Luxoft Canada Racks Up 123 Percent Revenue Growth



Luxoft, a vendor of IT outsourcing, has announced 123 percent revenue growth in Q3 FY07 ending December 2007 for its Vancouver office, which celebrates its first anniversary this month.
 
Company officials attribute the success of Luxoft Canada in part to what they see as its ability to provide nearshoring for North American clients "while also offering rapid scalability through access to deep resource pools across Luxoft's global locations - particularly Russia and the Ukraine."
 
Luxoft Canada's North American clients are in e-commerce, mining, industrial automation, eLearning, software and other industries.
 
In addition to its distributed Agile (News - Alert) expertise, Luxoft Canada is home to the company's Software Performance Practice. Once completely the purview of in-house teams, software performance testing has been increasingly making its way onto the outsourcing scene.
 
Luxoft Canada has 20 employees and plans to more than double that number in 2008. The company is also looking to potentially expand into other Canadian cities.
 
Luxoft officials say the company continues to record client growth in EMEA, particularly in Eastern Europe and Germany. Company-wide revenue for the first half of FY2007 (ending September 2007) was $45.6 million, up 72 percent over 1HFY2006's revenue of $26.5 million.
 
Last March Luxoft announced the extension of its co-operation with investment bank Deutsche Bank.

Luxoft President and CEO Dmitry Loschinin and Marovitz finalized the agreement during CeBIT's (News - Alert) German-Russian IT Summit, which promotes the cooperation between Germany and Russia, Ukraine and Belarus.

Luxoft agreed to provide development resources in Russia and the Ukraine to enhance Client First, a Client Relationship Management package. Moreover, based on Deutsche Bank's experience with Client First, the two companies believe that the product has wide potential in the business community and will therefore work together to market it to organizations worldwide.

David Sims is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page.
 
Mark your calendars! Internet Telephony (News - Alert) Conference & EXPO — the first major IP communications event of the year — is just days away. It’s not too late to register for the event, which takes place in Miami Beach, FL, January 23–25, 2008. The EXPO will feature three valuable days of exhibits, conferences and networking that you won’t want to miss. So what are you waiting for? Sign up now!
 


Related Contact Center Solutions Articles

FOLLOW US

Contact Center Solutions Glossary of Terms

Featured Product Demo

    Contact Center Solutions eBook
    CIC has always been a powerful all-on-one solution for IP business communications. Now with the release of 4.0, CIC provides an architecture that's even more powerful, user tools to make the customer experience even more satisfying, and management tools that improve the performance of any business - dramatically ...

Featured eBook

    Contact Center Solutions eBook
    In this e-book from Interactive Intelligence, you'll learn about emerging contact center technology trends and newer options like self-service technology, analytics and Web 2.0. Here we've compiled a selection of the top news stories, features, white papers, case studies, podcasts ...

Featured Resources