Globant

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Globant
Type Limited company
Industry Software Product Development & Maintenance Outsourcing
Founded 2003
Headquarters Buenos Aires, Argentina
Key people Martín Migoya, CEO
Guibert Englebienne, CTO
Martín Umaran, COO
Néstor Nocetti, Director
Guillermo Marsicovetere, CBO
Alejandro Scannapieco, CFO
Guillermo Willi, CPO
Gustavo Barreiro (EVP Operation)
Wanda Weigert, Marketing & Communications Director
Products Software Development
Infrastructure Management
Globalization
Social Networks Development
Mainframe Migration
Server virtualization
Revenue increase $90 million USD (2011)
Employees 2500 (End 2011)
Website www.globant.com

Globant is an Argentine Software development company. It was formed in 2003 by Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti, based on the growth of the IT outsourcing industry in India.[1] It is Headquartered in Buenos Aires, Argentina.

Contents

[edit] History

Since it was founded, Globant opened more offices and now also operates in La Plata and Tandil, Córdoba, Rosario (Argentina), Resistencia, Bahía Blanca (Argentina), Bogotá (Colombia), London (England), Boston, Palo Alto (United States), San Francisco (United States) and Montevideo (Uruguay).

Timeline of revenue and headcount:

  Revenue Headcount
2004 3 millions 70
2005 6 millions 150
2006 12 millions 350
2007 22 millions 700
2008 36 millions 1000
2009 42 millions 1500
2010 60 millions 2000
2011 90 millions 2500

[edit] Timeline of the company

  • 2003: Globant started operations with own funded capital.
  • 2005: Globant opened its second Development Center in Buenos Aires. The company was also named Endeavor Entrepreneur 2005[2] was recognized as the Best Services Exporter by Export. Ar.[citation needed] The Sloan School of Management of the MIT wrote a case about Globant called: "Leading the IT Revolution in Latin America".[3][4]
  • 2006: Globant opened its development center in the city of Tandil, Argentina.
  • 2007: Globant certified CMMI level 3.[citation needed] The company was recognized as the Top Emerging Global Services Provider, by Global Services Magazine.[5]

Globant opened offices in the city of La Plata, Argentina; and expanded its operations also in the US (Palo Alto). Globant founded Fonalix with BGH, a company that provides IP Telephony Solutions for small and medium business in Latin America.

  • 2008: The research company IDC pointed Globant as one of the growing companies in Latin America in its study "Latin American Predictions 2008".[6] Globant Acquires Accendra, an Argentine [7] Software Company with 100 employees adding operations in Chile and Colombia. In December, Globant closed its third financing round of USD13MM with Riverwood Capital and FTV Capital.[8] It also acquired Openware, an Argentine [9] company specialized in Security & Infrastructure Management. Globant's team of Globers reached the 1000 professionals
  • 2009: Globant received two teams from the Global Entrepreneurship lab from the MIT, to study the M&A strategy and the Globant University Project.
  • 2010: Globant was awarded with the AlwaysON 250 award for creating technology innovations for the Global Silicon Valley, in the Cloud and Infrastructure Category.[10] It was also named Cool Vendor by Gartner, in the Cool Vendors in Business Process Services 2010 report by Gartner, Inc.[11] During this year, Globant also reorganized itself and launched 7 studios, each one specializing in a different vertical, practice or industry. They are: Luminous Gaming Studio, High Performance Computing Studio, Consumer Experience Studio, Business Productivity Studio, Creative & Social Studio, Sustainable Infostructure Studio and Quality Engineering Studio.
  • 2011: Globant acquired San Francisco-based Nextive, company specialized in the development of mobile solutions

[12]

[edit] References

  1. ^ "Globant´s History". Jan 2006. http://www.globant.com/Content/About_Us/Company_Overview/index.html. Retrieved 2008-11-21. 
  2. ^ "Endeavor Argentina" (in Spanish). Endeavor. Jan 2008. http://www.endeavor.org.ar/emp_argentina.html. Retrieved 2008-11-19. 
  3. ^ "Globant at the MIT". G-Lab, Sloan School of Management MIT. Jan 2008. http://scripts.mit.edu/~rlocke/docs/Courses/Sloan/15.389A_G-Lab_LA_Syllabus_2008-09_web.pdf. Retrieved 2008-11-19. [dead link]
  4. ^ "Consulting with Support of the MIT". La Nación. Mar 2006. http://66.102.1.132/translate_c?hl=es&ie=UTF-8&sl=es&tl=en&u=http://www.lanacion.com.ar/nota.asp%3Fnota_id%3D785973&usg=ALkJrhi4MCtvcz3klsL0ZIg9rDvqdDmRGw. Retrieved 2008-11-19. 
  5. ^ "Top 5 Emerging Services Provider --2007 Winner Globant". Global Services Magazine. Feb 2007. http://www.globalservicesmedia.com/Content/general20070521177.asp. Retrieved 2007-11-21. 
  6. ^ "Latin America Predictions 2008". IDC. Jan 2008. http://www.idc.com/getdoc.jsp?containerId=LA18202. Retrieved 2008-11-20. 
  7. ^ "Globant acquires Accendra" (in Spanish). La Nación. Jan 2008. http://www.lanacion.com.ar/nota.asp?nota_id=1023009. Retrieved 2008-11-21. 
  8. ^ "Globant Secures $13 Million Investment from FTVentures and Riverwood Capital". Dec 2009. http://www.ftvcapital.com/press/20081202.html. Retrieved 2009-01-21. 
  9. ^ "Globant Gets Openware for USD1.5MM". Business News America. Dec 2008. http://www.bnamericas.com/news/technology/Globant_gets_Openware_for_US*1,5mn. Retrieved 2008-12-21. 
  10. ^ "Announcing the 2010 AlwaysOn Global 250". AlwaysON. 2010-07-31. http://alwayson.goingon.com/AOStory/Announcing-2010-AlwaysOn-Global-250. Retrieved 2010-02-25. 
  11. ^ "Cool Vendor in Business Process Services, 2010". Gartner. 2010-03-31. http://www.gartner.com/DisplayDocument?doc_cd=174972. Retrieved 2010-02-25. 
  12. ^ "Globant Acquires Mobile And Social Applications Developer Nextive". Tech Crunch. 2011-08-02. http://techcrunch.com/2011/08/02/globant-acquires-mobile-and-social-applications-developer-nextive/. Retrieved 2011-08-25. 

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