- As part of the five-year investment plan, which will include
various initiatives through 2028, the company will open an Emerging
Technologies Innovation Center in Brazil
- Globant will also continue the development of AI-based
products such as Genexus, MagnifAI, StarMeUp, and Augoor
- The company also plans to hire 20,000 professionals from all
over the region to reinforce its leadership in Latin America
BUENOS
AIRES, Aug. 10, 2023 /PRNewswire/ --
Globant (NYSE: GLOB), a digitally native company focused on
reinventing businesses through innovative technology solutions,
announced a five-year, $1 billion USD
investment plan in Latin America
to strengthen its presence throughout the region. Initiatives
Globant is pursuing as part of the investment plan include:
- A strong expansion in Brazil,
and create an Innovation and Emerging Technologies Center in San
Pablo. From this Center, specialists will investigate possible new
uses of emerging technologies like Artificial Intelligence and
Quantum Computing to help Globant's clients leverage these trends
both today and long-term. For the Brazilian market in particular,
this Center will develop new AI applications for Salesforce
solutions, one of Globant's foundations of growth in the
country.
- The evolution of owned products based on AI to accelerate
software development and enhance digital experiences.
Globant X, the product and platforms division of Globant which
currently contains the Augoor, MagnifAI, StarMeUp, and GeneXus
platforms, will spearhead these developments.
- An enhanced commitment to regional talent with a hiring plan to
add 20,000 new professionals over the next five years across 30 of
Globant's development centers in Argentina, Brazil, Chile, Colombia, Costa
Rica, Ecuador, Peru, Mexico,
and Uruguay.
"We were born in Latin America,
and believe that it is one of the strongest regions when it comes
to innovation, talent, and creativity. Latin America is key for our global growth as
a source of continuos improvement of our service
offering," said Martín Migoya, Co-founder and CEO of
Globant. "We want to expand our capacity for innovation
and development of our AI-based offering, always to help
organizations stay relevant and leaders in the future."
"Latin America is a key
market for our company and we want to strengthen our regional
operation. In this regard, our new Emerging Technologies Innovation
Center will drive development in various technologies, like AI, to
guide our clients in a constantly evolving world," said
Ignacio Iglesias, Chief Business
Officer of Globant for Latin
America.
Since its creation in 2003 in Argentina, Globant consolidates as one of the
leading digital transformation companies in the region with global
clients such as Google, Electronic Arts and Santander, among
others. The company has more than 27,000 employees in 25 countries.
A few weeks ago, Globant was named as a leader in the IDC
MarketScape Worldwide Artificial Intelligence Services 2023 Vendor
Assesment, confirming its value proposition in this new
technology.
About Globant
We are a digitally native company that helps organizations
reinvent themselves and unleash their potential. We are the place
where innovation, design, and engineering meet at scale.
- We have more than 27,000 employees and we are present in 25
countries and 5 continents working for companies like Google,
Electronic Arts and Santander, among others.
- We were named a Worldwide Leader in AI Services (2023) and
Worldwide Leader in CX Improvement Services (2020) by IDC
MarketScape report.
- We were also featured as a business case study at Harvard, MIT, and
Stanford.
- We are active members of The Green Software Foundation (GSF)
and the Cybersecurity Tech Accord.
Contact: pr@globant.com
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SOURCE Globant