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Globant helps big companies design and build modern digital software and products.
Globant is a company that other companies hire when they want to build or modernize their digital products. Its customers are mostly large businesses — banks, airlines, retailers, health care firms, media companies — that need websites, mobile apps, internal software, and new digital tools but don't want to build a huge tech team themselves. Globant earns money mainly by charging for its people's time and for running projects, a bit like a high-end contractor crew for software. The biggest slice of revenue comes from its core "digital and cognitive" work, with additional money from its growing studio-style offerings and from managing clients' ongoing technology.
Think of it as the team you call when your company knows it needs to look and work more like a slick tech startup but has no idea how to get there. Globant sends in designers, engineers, and data specialists who figure it out, then bills for the hours and the finished product. That model has been growing fast: revenue has been climbing roughly in the low-to-mid teens annually, and the company keeps buying smaller firms to add skills in areas like data, AI, and specific industries. Recent pushes have centered on artificial intelligence services and on expanding in markets like Latin America, Europe, and the United States.
The company started in Argentina in 2003, founded by a group of entrepreneurs including Martín Migoya, and it grew from a small Buenos Aires shop into a global firm now headquartered in Luxembourg. It went public on the New York Stock Exchange, which gave it cash and a higher profile. Globant tends to reinvest its free cash flow into acquiring other companies and hiring talent rather than paying big dividends, since its whole product is skilled people. The main risks are that clients can cut spending on tech projects in tough times, and that rivals from India to the US compete for the same work — so Globant leans on its design-heavy, startup-flavored style to stand out.
Saved answer · last researched 11 Oct 2026