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Globant Launches Retail Studio to Accelerate Transformation in the Industry

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Globant (NYSE: GLOB) has launched its Retail Studio as part of its Reinvention Studios portfolio, aimed at revolutionizing the retail industry. The studio focuses on enhancing customer engagement through automated supply chain visibility and phygital experiences. It leverages technologies like AI, blockchain, and data analytics to help retailers adapt to rapid market changes. Key offerings include a focus on customer-centric solutions, smart loyalty programs, and operational transformations, enabling retailers to diversify revenue streams through innovative business models.

Positive
  • Launch of Retail Studio enhances customer engagement and operational efficiency.
  • Leverages advanced technologies like AI and blockchain to drive innovation.
  • Focus on creating impactful customer experiences and improving supply chain visibility.
Negative
  • None.
  • New Studio will be part of Globant's Reinvention Studios portfolio
  • Will leverage technologies currently offered by Globant's Digital Studios, such as the metaverse, data & AI, and Blockchain, among others

SAN FRANCISCO, Aug. 15, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today the launch of its Retail Studio. With this new service, Globant seeks to help retailers stay ahead of changes in the industry, with tools for complete supply chain visibility and automation while reinventing retail through phygital experiences that boost customer engagement.

With the Retail Studio, Globant offers customers a comprehensive view of this industry value chain. It will boost new business models by creating impactful customer experiences and empowering integrated, scalable, open technologies to facilitate changes and new services.

"Today, the customer journey has several new engagement touch points across marketing, sales, and services. Traditional retailers struggle to keep up as trends quickly change, and there is also a strong need to keep processes efficient and coordinated," said Diego Tártara, Chief Technology Officer at Globant. "We believe that Globant is uniquely placed to help reinvent the retail industry. We want to enable retailers to transition to a one-stop-shop to meet multiple consumer needs and go outside their traditional verticals to create new revenue streams such as financial products or insurance."

The new Retail Studio will take advantage of data analytics and artificial intelligence to automate business decisions that unlock new opportunities, ensuring a flexible and adaptable organization. In addition, the Studio will help customers create a digital business culture, empowering talent to accelerate transformation and adoption.

"We are living in a time where consumer dynamics and buying behaviors are rapidly evolving as consumers seek more personalized and impactful experiences," said Dariyus Setna, Senior Managing Director and Head of Globant's Retail Studio. "Globant is helping Retail and Consumer Goods companies stay at the forefront of customer needs and technology trends to reinvent how these companies deliver engaging experiences that create meaningful impact and drive consumer stickiness. Through the automation of tasks and processes, integration of touchpoints across brands, increased leverage of Real-Time Analytics and Metaverse, and deploying Robotic Process Automation (RPA) and chatbot technology for routine and menial tasks, organizations can allow store employees to focus on enhancing crucial customer-facing interactions that build customer loyalty."

This new Studio will offer five unique practices with the following key differentiators:

  • Closer to the Customer: Help clients transform end-to-end shopper experiences, creating human-centric, data-driven, and tech-enabled experiences in both the online and offline world.
  • Smart Loyalty: Utilizes data and technology to unleash the power of loyalty and expand it to monetize data to partners and other stakeholders.
  • Transforming Operations: Globant helps companies transform and redefine each step of their day-to-day operations and strategy using cutting-edge technology and analytics.
  • Next-Gen Commercial Management: Help clients with smart pricing, next-gen merchandising, intelligent loyalty, and floor sales enablement.
  • Beyond Innovation: Support organizations with digitally enabled innovation and alternative business models.

Retail joins the Reinvention Studios portfolio, which focuses on transforming specific industries, including Gaming, Media & Entertainment, Life Sciences, and Automotive Studios, among others.

Learn more about the Retail Studio here.

About Globant

We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design, and engineering meet scale.

  • We have more than 24,500 employees, and we are present in 19 countries working for companies like Google, Electronic Arts, and Santander, among others.
  • We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
  • We were also featured as a business case study at Harvard, MIT, and Stanford.
  • We are a member of the Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: pr@globant.com
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SOURCE Globant

FAQ

What is Globant's new Retail Studio?

Globant's Retail Studio is a new service designed to help retailers improve customer engagement and adapt to industry changes through innovative technology solutions.

How does the Retail Studio plan to enhance retail operations?

The Retail Studio aims to enhance retail operations by automating decision-making processes and creating phygital experiences that boost customer engagement.

What technologies does the Retail Studio utilize?

The Retail Studio utilizes technologies such as AI, blockchain, and data analytics to provide comprehensive solutions for retailers.

When was the Retail Studio launched?

The Retail Studio was launched on August 15, 2022.

What are the key differentiators of the Retail Studio?

Key differentiators include customer-centric solutions, smart loyalty programs, operational transformations, and support for digitally enabled innovation.

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