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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) announced that it will release its financial results for Q1 ended March 31, 2021, on May 13, 2021, after market close. CEO Martin Migoya and CFO Juan Urthiague will host a video conference call at 4:30 PM ET to discuss these results. Globant, a leader in digital technology services, employs over 16,250 people across 18 countries, serving clients like Google and Santander. The company has been recognized for its excellence in customer experience improvement services, highlighting its innovative approach in the technology sector.
Globant (NYSE: GLOB) has launched the Digital Disruptors Award to honor individuals leading digital transformation and innovation. CEO Martín Migoya emphasized the growing need for agile, digital-first cultures as businesses face rapid changes. By the end of 2021, Forrester predicts that 30% of Global 2000 companies will have significant digital product portfolios, yet 70% of digital transformation efforts fail. The award's judging panel includes industry leaders, and nominations are open until May 23, 2021, with winners announced on June 24, 2021.
On May 3, 2021, Globant (NYSE: GLOB) announced key appointments in its senior management team aimed at bolstering its growth strategy. Guibert Englebienne has been appointed President of Globant X and Globant Ventures, while Martín Umaran takes on the role of Chief Corporate Development Officer. Patricia Pomies becomes Chief Operating Officer, and Diego Tartara is named Chief Technology Officer. Additionally, Nicolás Kaplun and Federico Pienovi are appointed as Chief Business Officers for Latam and EMEA, respectively. These changes reflect Globant's commitment to innovation and regional expansion.
Globant (NYSE: GLOB) announced an expansion in Miami, Florida, aiming to recruit 150 new employees alongside the existing 90. The company plans to develop a Smart Venues Hub to enhance customer engagement by merging physical and digital experiences using technologies like IoT and AI. This initiative supports Globant's strategy to drive innovation across various sectors, including healthcare and logistics. The Miami hub is positioned to facilitate profound digital transformations for clients, aligning with the city's growing tech ecosystem.
Globant (NYSE: GLOB) has released its latest Sentinel Report, emphasizing the importance of intentional corporate cultures for business transformation. The report highlights how organizations can effectively navigate change through three stages: Listen, Hack, and Foresee Change. With a focus on leveraging artificial intelligence, it suggests that augmented organizations can successfully adapt their processes and culture to meet future challenges. Additionally, Globant positions culture as a valuable asset necessary for driving sustainable growth and innovation in today's rapidly changing business landscape.
Globant S.A. (NYSE: GLOB) has announced its Annual General Meeting of Shareholders (the 'General Meeting') scheduled for April 2, 2021, at its registered office in Luxembourg. In light of the COVID-19 pandemic, the company encourages shareholders to vote by ballot or through a broker, following public health guidance. Relevant materials, including the agenda and proxy card, are available on the company's website. Globant is recognized for its innovative services, employing over 16,250 staff across 16 countries, partnering with well-known companies like Google and Santander.
Globant (NYSE: GLOB) announced the acquisition of CloudShift, a prominent Salesforce partner in the UK specializing in multi-cloud digital transformation. This strategic move aims to enhance Globant's digital and cognitive transformation leadership and scale cloud expertise using Salesforce. CloudShift, based in London, employs 89 professionals and services notable clients such as Hitachi and Square Enix. The integration will strengthen Globant's operations across Europe, leveraging CloudShift's Salesforce partnerships to broaden its cloud solutions portfolio.
Globant S.A. (NYSE: GLOB) filed its 2020 Annual Report on Form 20-F with the SEC on February 26, 2021. This report includes audited financial statements for the year ending December 31, 2020. Interested shareholders can access the report online at the SEC's website or the Company's investor relations page. Hard copies of the financial statements are available upon request. Globant is recognized for its innovative tech services, employing over 16,250 staff in 16 countries, serving clients such as Google and Santander.
Globant reported fourth quarter 2020 revenues of $232.6 million, a year-over-year increase of 26.2%. IFRS Diluted EPS reached $0.46 compared to $0.35 in Q4 2019. For the full year, revenues totaled $814.1 million, up 23.5% year-over-year, with an IFRS Diluted EPS of $1.37, down from $1.43. The company projects first quarter 2021 revenues to exceed $258 million and FY 2021 revenues of at least $1,047 million. Robust hiring and low attrition levels are positive indicators for future growth.
Globant (NYSE: GLOB) will announce its fourth quarter and full year financial results for 2020 on February 18, 2021, after market close. The announcement will be followed by a video conference with CEO Martin Migoya and CFO Juan Urthiague at 4:30 PM ET to discuss the results. Globant, recognized as a leader in CX Improvement by IDC MarketScape, employs over 14,300 people across 16 countries and works with major companies like Google and Electronic Arts. Additional details can be found on their official website.
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