Globant is an IT and

software development Software development is the process of designing and Implementation, implementing a software solution to Computer user satisfaction, satisfy a User (computing), user. The process is more encompassing than Computer programming, programming, wri ...

company operating internationally. It was formed in 2003 by Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti. It was founded in

Buenos Aires Buenos Aires, controlled by the government of the Autonomous City of Buenos Aires, is the Capital city, capital and largest city of Argentina. It is located on the southwest of the Río de la Plata. Buenos Aires is classified as an Alpha− glob ...

, but later headquartered in

Luxembourg Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France on the south. Its capital and most populous city, Luxembour ...

. Its principal clients are in the United States and United Kingdom.

History

In 2003, Globant started operations with four founders. By 2008 its turnover was $40m per annum. IDC pointed Globant as one of the growing companies in Latin America. In the same year, Globant acquired Accendra, an Argentine 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. It also acquired Openware, an Argentine company specialized in Security & Infrastructure Management. In 2011, Globant acquired San Francisco-based Nextive, a company specializing in the development of mobile applications and Globant's story with Google was showcased by Bloomberg. In 2012, Globant acquired Brazil-based TerraForum, a company specialized in Innovation and Knowledge Management Consulting, Digital Marketing & Social Media and Software Development. In 2013, WPP acquired a minority stake in Globant. Globant also acquired 86.25% of Huddle Group, a software company with operations in United States, Argentina and Chile. In 2014, the company was listed on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

. Globant was tohave made a Google Play-like dedicated hardware store for

Project Ara Project Ara was a modular smartphone project under development by Google. The project was originally headed by the Advanced Technology and Projects team within Motorola Mobility while it was a Google subsidiary. Google retained the ATAP group wh ...

but it was cancelled the following year. In 2015, Globant acquired Clarice Technologies and expanded its presence in Asia. In 2017, Globant acquired PointSource, a design and development tech agency specialized in providing digital transformation services across retail, supply chain and insurance industries. Globant acquired another company, Ratio, a leading digital services company specialized on video streaming services. In 2019, Certified Collectibles Group, a collectibles company in

Sarasota, Florida Sarasota () is a city in and the county seat of Sarasota County, Florida, United States. It is located in Southwest Florida, the southern end of the Tampa Bay area, and north of Fort Myers, Florida, Fort Myers and Punta Gorda, Florida, Punta Gord ...

, 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. In the same year, Globant acquired Belatrix Software, a product development company. In the same year Globant began an annual "Women that Build" awards to reward "game-changing women in the STEAM industries". In January 2020, Globant acquires BiLive (Argentina). Later in the year, Globant acquired grupoAssa (Argentina), Xappia, Giant Monkey Robot "GMR" and BlueCap (Spain) companies. In 2021, Globant acquired CloudShift (United Kingdom). Habitant, a European consulting firm, the Spanish firm Walmeric and in October, it opened its development center in San Jose, Costa Rica. In May 2023, Globant acquired Pentalog, a digital transformation services company.

Recognition

At "Collision 2023" in Toronto In 2005, Globant was named Endeavor Entrepreneur 2005 was recognized as the Best Services Exporter by Export.ar. The

Sloan School of Management The MIT Sloan School of Management (branded as MIT Sloan) is the business school of the Massachusetts Institute of Technology, a private university in Cambridge, Massachusetts. MIT Sloan offers bachelor's, master's, and doctoral degree programs ...

of the

MIT The Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and sc ...

wrote a case about Globant called: "Leading the IT Revolution in Latin America". In 2007, Globant was recognized as the Top Emerging Global Services Provider, by Global Services Magazine. 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. It was also named Cool Vendor by Gartner, in the Cool Vendors in Business Process Services 2010 report by Gartner, Inc. In 2014, FastCompany featured Globant as one of the world's top 10 most innovative companies in South America.

Revenue and headcount

References

{{Authority control Software companies of Argentina International information technology consulting firms Outsourcing companies Information technology companies of Argentina Companies listed on the New York Stock Exchange