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GLOBANT S.A. (NYSE: GLOB) is a pioneering technology services provider specializing in delivering innovative software solutions by harnessing emerging technologies and market trends. Founded in 2003 in Argentina and now headquartered in Luxembourg, Globant is a digitally native company dedicated to aiding clients in their digital transformation journeys. With a workforce of over 29,000 professionals across more than 30 countries, Globant’s services span multiple industries, including media, entertainment, and financial services.
Globant combines the technical precision of IT service providers with the creativity of digital agencies, creating a unique blend of engineering, design, and innovation at scale. Its notable clients include industry giants like Google, Electronic Arts, and Santander. The company has achieved numerous accolades, including being named a Worldwide Leader in Customer Experience (CX) Improvement by the IDC MarketScape report and being profiled as a business case study at prestigious institutions such as Harvard, MIT, and Stanford.
Recent Developments:
Globant recently launched its Connected Experiences Studio, which aims to revolutionize customer interactions by leveraging AI and cutting-edge technology. This new studio focuses on providing end-to-end connected experiences that bridge the gap between the physical and digital worlds. Additionally, Globant reported robust financial performance for the fiscal year ending December 31, 2023, with $2.1 billion in revenue, marking a 17.7% year-over-year growth. The company’s focus on profitability and operational efficiency has resulted in a strong financial position.
Globant continues to expand its service offerings and geographic footprint, driven by acquisitions and strategic partnerships. The company’s latest acquisitions, GUT and Iteris, further bolster its creative and digital capabilities. According to CEO and co-founder Martín Migoya, the company remains optimistic about future growth, emphasizing its strategic focus on AI and generative AI capabilities.
For more information, visit www.globant.com.
Globant (NYSE: GLOB) has launched WaaSabi, a wallet-as-a-service API platform designed to enhance digital payment capabilities for businesses across various sectors. This B2B fintech solution includes over 42 features, allowing seamless integration of payment services. With the global digital payments market projected to exceed $15 trillion by 2027, WaaSabi aims to streamline payment processes while ensuring PCI compliance. Key functionalities include balance top-ups, money transfers, and transaction security features.
Globant (NYSE: GLOB) announces its annual flagship event, CONVERGE: Reinventing Connections, to be streamed by CNBC on November 3, 2022, at 12:00 p.m. EDT. This event will gather innovators and thought leaders to discuss how technology intersects with humanity, impacting connections globally. Speakers include Karlie Kloss, Tristan Harris, and Arianna Huffington. Last year's event attracted over 20,000 viewers, showcasing the strong interest in tech trends. Attendees can register for free online.
Globant has entered a multi-year partnership with FIFA to enhance the FIFA+ streaming platform, starting with the FIFA World Cup Qatar 2022. As the Global Platform Supporter, Globant will develop new features for FIFA+ and sponsor major events including the FIFA Women's World Cup 2023. The agreement also designates Globant as a FIFAe Series Global Sponsor through 2025. With over 25,900 employees, Globant aims to drive digital transformation in sports, engaging football fans worldwide.
FTV Capital has been recognized for the second consecutive year on Inc.’s Founder-Friendly Investors list. This accolade highlights its effective support for entrepreneurs, following significant milestones including closing its largest fund at
Globant (NYSE: GLOB) has acquired Sysdata, an esteemed Italian consultancy focused on digital transformation, as of September 29, 2022. This strategic move enhances Globant's presence in Italy and Europe, leveraging Sysdata's extensive client portfolio in sectors such as Banking and Automotive. Founded in 1980, Sysdata boasts over 300 professionals and a robust service offering. The acquisition aims to accelerate digital transformation services for global brands. Sysdata's founder will continue as an advisor, while other leadership remains committed to future growth.
Globant (NYSE: GLOB) and LaLiga have announced a joint venture aimed at transforming sports and entertainment through technology, expanding LaLiga Tech's product offerings. This collaboration seeks to enhance global fan engagement using advanced solutions like OTT platforms and gaming. The partnership capitalizes on Globant's technology expertise and LaLiga's extensive experience in sports to accelerate growth in emerging tech sectors, including Web 3.0 and the Metaverse. The deal's closing is subject to regulatory approval.
Globant (NYSE: GLOB) has been recognized as a technology leader in the 2022 SPARK Matrix analysis of the Healthcare IT Services market by Quadrant Knowledge Solutions. The company excels in end-to-end capabilities, from consultancy to implementation, receiving strong ratings for technology excellence and customer impact. The report highlights how Globant is driving innovation in life sciences through digital solutions and enhancing patient engagement while adapting to post-pandemic healthcare trends, focusing on data integration and personalized offerings.
Globant (NYSE: GLOB) released its Sentinel Report on September 15, 2022, focusing on blockchain's transformative role across industries. It outlines key applications, benefits, and challenges of blockchain technology. Predictions indicate the agricultural sector's blockchain value will hit $1.48 billion by 2026, while the financial sector comprises 30% of the blockchain market. The report also emphasizes blockchain's potential social impact, enhancing supply chain integrity and providing digital identity solutions.
Patra Corporation has secured a $146 million growth equity investment from FTV Capital, aimed at expanding its customer reach and enhancing automation within the insurance industry. With 16 consecutive years of revenue growth, Patra addresses critical challenges in the $60 billion U.S. insurance market, including an aging workforce and rising operational costs. This funding will facilitate market expansion and technology deployment across its services, leveraging Patra's proprietary PatraOne platform. FTV's expertise in tech-enabled services will support Patra's future product offerings and customer value delivery.
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