| Globant S.A. | |
| Type: | Public |
| Key People: | Martín Migoya, CEO Guibert Englebienne, CTO Martín Umaran, Chief of Staff Néstor Nocetti, EVP Corp. Affairs Guillermo Marsicovetere, COO Alejandro Scannapieco, CFO Guillermo Willi, CPO Gustavo Barreiro, CIO Wanda Weigert, Marketing & Communications Director |
| Industry: | Software Product Development |
| Products: | Software Development Infrastructure Management Mobile application development Social Networks Development Mainframe Migration |
| Num Employees: | 29,150 (2023) |
| Location: | Luxembourg City, Luxembourg[1] |
Globant is an IT and software development company operating in Argentina, Colombia, Uruguay, the United Kingdom, Brazil, the United States, Canada, Peru, India, Mexico, Chile, Costa Rica, Ecuador, Spain, France, Germany, Romania, Belarus and Italy.[2] It was formed in 2003 by Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti.[3] It was founded in Buenos Aires, but is currently headquartered in Luxembourg,[4] and principally serves clients in the United States and United Kingdom.
In 2003, Globant started operations with its own funded capital.
In 2008, the research company, IDC pointed Globant as one of the growing companies in Latin America in its study "Latin American Predictions 2008".[5] In the same year, Globant acquired Accendra, an Argentine[6] software company with 100 employees, adding operations in Chile and Colombia. In December 2008, Globant closed its third financing round of US$13MM with Riverwood Capital and FTV Capital.[7] It also acquired Openware, an Argentine[8] company specialized in Security & Infrastructure Management.
In 2009, Globant received two teams from the Global Entrepreneurship lab from the MIT, to study M&A strategy and the Globant University Project.
In 2011, Globant acquired San Francisco-based Nextive, a company specializing in the development of mobile applications[9] and Globant's story with Google was showcased by Bloomberg.[10]
In 2012, Globant acquired Brazil-based TerraForum, a company specialized in Innovation and Knowledge Management Consulting, Digital Marketing & Social Media and Software Development.[11]
In 2013, WPP acquired a minority stake in Globant.[12] Globant also acquired 86.25% of Huddle Group, a software company with operations in United States, Argentina and Chile.[13]
In 2014, the company was listed on the New York Stock Exchange.[14] The same year, Globant announced that they will make a Google Play-like dedicated hardware store for Project Ara.
In 2015, Globant acquired Clarice Technologies in May 2015 and expanded its presence in Asia.[15]
In 2017, Globant acquired PointSource,[16] a design and development tech agency specialized in providing digital transformation services across retail, supply chain and insurance industries.[17] Globant acquired another company, Ratio, a leading digital services company specialized on video streaming services.[18]
In 2018, Globant acquired Small Footprint.
In 2019, Globant acquired Avanxo, a leading cloud transformation[19] company with presence in the United States, Brazil, Mexico, Colombia, Peru and Argentina.[20] In August of the same year, Certified Collectibles Group, a collectibles company in Sarasota, Florida, filed a lawsuit in federal court against Globant. The lawsuit is seeking tens of millions of dollars in damages caused by Globant's alleged misconduct in regards to the creation of a new operating system for the collectibles company.[21] In the same year, Globant acquired Belatrix Software, a leading agile product development company, to reinforce its presence in Latin America.[22] [23]
In January 2020, Globant acquires BiLive (Argentina). Later in the year, Globant acquired grupoAssa (Argentina), [24] Xappia, Giant Monkey Robot "GMR" and BlueCap (Spain) companies.
In March 2021, Globant acquired CloudShift (United Kingdom)[25] in May, it acquired Habitant, a European consulting firm.[26] Later, in July it acquired the Spanish firm Walmeric, in October, it opened its development center in the city of San Jose, Costa Rica.
In May 2023, Globant acquired Pentalog, a digital transformation services company. The acquisition was a move to expand its footprint in France.[27]
In 2005, Globant was named Endeavor Entrepreneur 2005[28] was recognized as the Best Services Exporter by Export.ar.[29] The Sloan School of Management of the MIT wrote a case about Globant called: "Leading the IT Revolution in Latin America".[30] [31]
In 2007, Globant was recognized as the Top Emerging Global Services Provider, by Global Services Magazine.[32]
In 2008, Globant's team of Globers reached the 1000 professionals. The New York Times included Globant in an article about Argentinian software startups.[33]
In 2010. Globant was awarded with the AlwaysON 250 award for creating technology innovations for the Global Silicon Valley, in the Cloud and Infrastructure Category.[34] It was also named Cool Vendor by Gartner, in the Cool Vendors in Business Process Services 2010 report by Gartner, Inc.[35]
In 2014, FastCompany featured Globant as one of the world's top 10 most innovative companies in South America.[36]
In 2005, Globant opened its second Development GOV Center in Buenos Aires.
In 2006, Globant opened its development center in the city of Tandil, Argentina.
Globant opened offices in the city of La Plata, Argentina and expanded its operations in the US (Palo Alto). Globant founded Fonalix with BGH, a company that provides voice over internet protocol for small and medium business in Latin America. In 2012, Globant opened its development center in the city of Tucuman, Argentina.
Within India, Globant also has a Bengaluru, Pune, India office in addition to its operations throughout South America, North America and Europe.
| Revenue ($)[37] | Headcount | ||
|---|---|---|---|
| 2010 | 57 million | 1700 | |
| 2011 | 90 million | 2250 | |
| 2012 | 129 million | 2700 | |
| 2013 | 158 million | 3300 | |
| 2014 | 199.6 million[38] | 3775 | |
| 2015 | 258.3 million[39] | 5041 | |
| 2016 | 322.9 million | 5855 | |
| 2017 | 413.4 million[40] | 6753 | |
| 2018 | 522.3 million[41] | 8384 | |
| 2019 | 659.3 million[42] | 11855 | |
| 2020 | 814.1 million[43] | 16251 | |
| 2021 | 1,297.1 million[44] | 23526 | |
| 2022 | 1,780.2 million[45] | 27122 | |
| 2023 | 2,095.9 million[46] | 29150 |