- Luxoft to unveil healthcare use case
for blockchain adapter at Appian World in Miami, April 23-25 (Booth
16)
Luxoft Holding Inc. (NYSE:LXFT), a global IT service provider,
today announces it has built a blockchain adapter for Appian’s
(NASDAQ:APPN) rapid application development platform. It is now
available exclusively to businesses using Appian’s Business Process
Management (BPM) tool and will allow its users to integrate a
blockchain network into their day-to-day business processes
creating a secure, digital environment that facilitates data
sharing.
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“The launch of this adapter is about helping businesses realise
the huge potential of blockchain by making it easier to use,”
said Vasiliy Suvorov, Vice President of Technology Strategy at
Luxoft. “Problems integrating blockchain into existing in-house
systems are often the biggest obstacles to its adoption. Now, by
integrating blockchain into a BPM, a business can leverage the
benefits of a decentralised model whilst retaining its existing IT
architecture. This means business don’t have to rip out their old
IT systems to use blockchain.”
Luxoft will demonstrate how the adapter can be used to benefit
the healthcare sector for the first time at Appian World in Miami,
FL, US at the Luxoft booth (#16). In particular, Luxoft will show
how the blockchain adapter can reduce claims processing errors and
inaccurate medical bills. The blockchain creates a secure, reliable
and auditable way for medical and pharmacy systems to share and
update real-time accumulators, meaning medical insurers, healthcare
providers and pharmacies using the Appian Platform instantly have
access to the same claim data.
“The disparate systems used by pharmacies, healthcare providers
and insurers to manage medical information are extremely complex.
They are not designed for the smooth exchange of data,” said Sam
Mantle, Managing Director of Digital Enterprise at
Luxoft. “The Appian blockchain adapter will be a step
towards seamless integration across the healthcare ecosystem
enabling payers, providers and patients to exchange and verify data
in a safe and compliant way.”
“At Appian we value our partner ecosystem and are committed to
supporting them as we grow in the key Healthcare market,” said
Marc Wilson, SVP Global Partnerships & Industries at
Appian. “Blockchain impacts organizations across all
industries, but it is an especially difficult challenge within the
Healthcare industry given the complexities they face. Through our
partnership with Luxoft, our customers now have a solution
specifically designed to address these needs within the Appian
platform.”
Luxoft built the Adapter on Appian’s Platform, as it’s used
extensively across a variety of industries, from financial services
to healthcare, in areas such as provider data management, medical
management and clinical trials. The move is part of a push to
commercialise Distributed Ledger Technologies and accelerate its
deployment in established business processes.
About Luxoft
Luxoft (NYSE:LXFT) is a global IT service provider of innovative
technology solutions that delivers measurable business outcomes to
multinational companies. Its offerings encompass strategic
consulting, custom software development services, and digital
solution engineering. Luxoft enables companies to compete by
leveraging its multi-industry expertise in the financial services,
automotive, communications, and healthcare & life sciences
sectors. Its managed delivery model is underpinned by a
highly-educated workforce, allowing the Company to continuously
innovate upwards on the technology stack to meet evolving digital
challenges.
Luxoft has more than 13,100 employees across 41 cities in 20
countries within five continents, with its operating headquarters
office in Zug, Switzerland. For more information, please visit
the website.
About Appian
Appian provides a leading low-code software development platform
that enables organizations to rapidly develop powerful and unique
applications. The applications created on Appian’s platform help
companies drive digital transformation and competitive
differentiation. For more information, visit www.appian.com.
Luxoft Forward-Looking Statements
This news release of Luxoft Holding, Inc (“Luxoft”)
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995, Section 27A of
the Securities Act of 1933, and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements include
information about possible or assumed future results of our
business and financial condition, as well as the results of
operations, liquidity, plans and objectives. In some cases, you can
identify forward-looking statements by terminology such as
“believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,”
“should,” “plan,” “expect,” “predict,” “potential,” or the negative
of these terms or other similar expressions. These statements are
subject to, without limitation, the risk factors discussed under
the heading “Risk Factors” in Luxoft’s Annual Report on Form 20-F
for the year ended March 31, 2017 and other documents filed
with or furnished to the Securities and Exchange
Commission by Luxoft. Except as required by
law, Luxoft undertakes no obligation to publicly update
any forward-looking statements for any reason after the date of
this news release whether as a result of new information, future
events or otherwise.
Appian Forward-Looking Statements
This press release includes forward-looking statements. All
statements contained in this press release other than statements of
historical facts, including, without limitation, statements
regarding the security of the digital market to be created by
Appian users integrating a blockchain network into their day-to-day
business processes and Appian’s commitment to and support of its
partner ecosystem, are forward-looking statements. The words
“anticipate,” believe,” “continue,” “estimate,” “expect,” “intend,”
“may,” “will” and similar expressions are intended to identify
forward-looking statements. Appian has based these forward-looking
statements largely on its current expectations and projections
about future events and financial trends that Appian believes may
affect its financial condition, results of operations, business
strategy, short-term and long-term business operations and
objectives and financial needs. Those forward-looking statements
are subject to a number of risks and uncertainties, including,
without limitation, risks related to potential breach of Appian’s
security measures or unauthorized access to the Appian platform or
customer data, risks related to the success of Appian’s strategic
relationships with third parties and the risks and uncertainties
set forth in the “Risk Factors” section of Appian’s Annual Report
on Form 10-K for the year ended December 31, 2017 filed with the
Securities and Exchange Commission on February 23, 2018, and
subsequent reports that Appian has filed with the Securities and
Exchange Commission. Moreover, Appian operates in a very
competitive and rapidly changing environment. New risks emerge from
time to time. It is not possible for Appian’s management to predict
all risks, nor can Appian assess the impact of all factors on its
business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those
contained in any forward-looking statements Appian may make. In
light of these risks, uncertainties and assumptions, Appian cannot
guarantee future results, levels of activity, performance,
achievements or events and circumstances reflected in the
forward-looking statements will occur. Appian is under no duty to
update any of these forward-looking statements after the date of
this press release to conform these statements to actual results or
revised expectations, except as required by law.
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Media InquiriesLuxoft Holding Inc.Patrick R. Corcoran,
212-964-9900 ext. 2453Global Director, External
RelationsPress@luxoft.com@LuxoftorAppianNicole Greggs, +1
703-260-7868Director of Media
Relations,Nicole.Greggs@appian.com
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