Globant
An Argentine-born company that builds software for other companies around the world.
Globant was founded in Buenos Aires in 2003 by four friends: Martín Migoya, Guibert Englebienne, Martín Umaran and Néstor Nocetti. It does not sell an app of its own. It sells people and know-how: teams of developers, designers and consultants who build software for other companies, from airlines and banks to game studios and media groups.
The idea at the start was to take advantage of Argentina's engineering talent and time zone, close to the United States, to do work that American companies used to send to India. That model is called nearshore outsourcing. Over the years Globant opened offices across Latin America, and later in North America, Europe and Asia, and bought other firms to add skills such as design and data.
A typical project: a large company wants a new mobile app, a modernized online store or an AI feature, but lacks the people to build it. Globant assembles a team, works in short agile cycles with the client and charges for the time and the team. It was one of the first Latin American tech companies to list on the New York Stock Exchange, in 2014, and is often cited alongside Mercado Libre as a symbol of the region's tech industry.
Keep in mind
- Founded in Buenos Aires in 2003 by four co-founders.
- Sells software development and consulting, not a product of its own.
- Started as a nearshore alternative for US companies, then went global.
- Listed on the New York Stock Exchange since 2014.
