Tag Archives: tech exec q&a

Luxoft Attacks Vertical Markets, But Under The Radar

Swiss tech service provider Luxoft has been a top performer in its sector, with its international and vertical-market approach. Luxoft (LXFT) has a highest-possible IBD Composite Rating of 99, a rating that its groupmate Cognizant Technology Solutions (CTSH) shares. IBD’s tech services group, which also includes Accenture (ACN) and Infosys (INFY), ranks No. 23 out of 197. Luxoft’s focus is vertical, developing software tailored for customers in

Baidu-Owned IQiyi Adds Videos, Boosts Subscriber Growth

Chinese search leader Baidu says that its iQiyi subsidiary — already one of China’s largest online video streaming services — is looking to become a bigger force in the country’s video-streaming and moviemaking fields. IQiyi launched a film production division, iQiyi Pictures, in 2014 as it pushed into the business of making movies for China and Hollywood. IQiyi Pictures is working with other companies to produce local movies and Hollywood films,

Medtronic Taking Diabetes Devices Into Digital Cloud

Ever since it acquired MiniMed in 2001, Medtronic, known for heart products, has become a big player in diabetes, with roughly 60% global market share in insulin pumps. But with a series of announcements in early June, it’s trying to become more than a gadget maker. On June 5, the FDA approved MiniMed Connect, a system letting pump users track information about their health through the Internet, with a specially developed smartphone app for