Globant, the Global Leader in Digital Transformation, Enters the German Market

Rhea-AI Summary

Globant (NYSE: GLOB) has announced its expansion into the DACH region, which includes Germany, Austria, and Switzerland, as part of its European growth strategy. The firm aims to leverage its expertise in various technologies to support digital transformation across key industries such as automotive and pharmaceuticals. With over 21,800 professionals globally, Globant will enhance its capabilities in the region to meet local demand for innovative solutions. This strategic move aligns with its goal to help companies reinvent themselves amid evolving market needs.

Positive

• Expansion into DACH region enhances market presence.
• Ability to leverage advanced technology expertise in key industries.
• Strengthened capacity to support clients' digital transformation.

Negative

• None.

BERLIN, Feb. 10, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced its arrival to the DACH region, which encompasses Germany, Austria and Switzerland, as part of its European expansion strategy.

At a moment where all businesses need to transform in order to grow and stay relevant to their customers, Globant's strengthening of its footprint in Europe will enable the company to work with more leading global companies to accelerate their digital and cognitive transformation journeys. 

"As one of the most advanced economies in the world which is home to best-in-class technology and engineering talent, Germany is a strategic country for our European expansion," said Federico Pienovi, General Manager for Globant in EMEA. "We want to offer our expertise across several technologies to create innovative solutions for key industries like automotive, financial services, pharmaceuticals, media & entertainment, and support them in their goal to reinvent themselves and  deliver better products and services."

With more than 21,800 professionals based in 45 cities and 18 countries, Globant already works with local leading players in banking, pharmaceuticals, and other key sectors. With this new venture, the company will be able to better help existing and new clients to leverage blockchain, metaverse and other cutting-edge technologies, with a strong sustainability approach that prioritises positively impacting the planet and broader stakeholders.

"With the new dedicated team, Globant will accelerate its own capabilities and service offerings in Germany, Austria and Switzerland to provide solutions that address local and regional demand for digital transformation and business reinvention," said Jakob Kuznicki, Managing Director at Globant Germany.

Globant is a New York Stock Exchange listed company since 2014, has been highlighted as a case study at Harvard, MIT and Stanford, and was recently named among the Top 10 Strongest IT Services Brands globally by Brand Finance.

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 scale. 

• We have more than 21,800 employees and we are present in 18 countries working for companies like Google, Rockwell Automation, Electronic Arts and Santander, among others.
• We were named a Worldwide Leader in CX Improvement Services by the IDC MarketScape report.
• We were also featured as a business case study at Harvard, MIT, and Stanford.  
• We are members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: pr@globant.com 

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For more information, visit www.globant.com. 

View original content:https://www.prnewswire.com/news-releases/globant-the-global-leader-in-digital-transformation-enters-the-german-market-301480194.html

SOURCE Globant

FAQ

What is Globant's recent expansion announcement as of February 2022?

Globant announced its entry into the DACH region (Germany, Austria, Switzerland) to enhance its European presence.

How many employees does Globant have globally?

Globant employs over 21,800 professionals across 45 cities in 18 countries.

What industries will Globant target in the DACH region?

Globant will focus on industries like automotive, financial services, and pharmaceuticals in the DACH region.

How will Globant's expansion impact its service offerings?

The expansion will allow Globant to better address local needs for digital transformation and offer innovative solutions.

What is the significance of Germany in Globant's expansion strategy?

Germany is considered a strategic market due to its advanced economy and technological talent.