- The recognition highlights Globant's rapid growth from
the 8th to the 5th position as the strongest brand in the
industry
- Driven by its unique culture, Studio Networks model and
AI-based suite of products and platforms, the company fosters
collaboration, fuels creativity, promotes reinvention through
innovative solutions, and delivers transformative results to its
clients
NEW
YORK, Jan. 19, 2024 /PRNewswire/ --
Globant (NYSE: GLOB), a digitally native company focused on
reinventing businesses through innovative technology solutions, has
been ranked by Brand Finance, the leading brand consultancy, as the
Fastest-Growing IT Brand and 5th Strongest IT
Brand globally. The recognition acknowledges the
significant growth of Globant's brand over the past year, as the
company was previously ranked 8th Strongest IT Brand globally.
"We are thrilled to receive the recognition of Fastest-Growing
IT Brand from Brand Finance, as it is a testament to our ability to
provide disruptive digital transformation solutions in an
ever-evolving market," said Martin
Migoya, CEO of Globant. "We are dedicated to increasing
our global impact by continuing to reinvent our industry and to
help our clients sustainably reinvent themselves."
According to Brand Finance, in 2023 Globant's brand value
increased from $1.2 billion to
$1.6 billion, showing a remarkable
year-over-year growth of 33.8% and positioning it as the
fastest-growing IT brand of the year. This growth was driven by the
company's expanding global presence and robust financial
performance, exemplified by initiatives such as pioneering the
adoption of generative AI. As reported by the brand consultancy,
Globant has consistently demonstrated its proactivity through new
partnerships and sponsorships, as shown by its involvement with
FIFA and its role as the FIFAe Series™ Global Sponsor in 2024 and
2025.
The research conducted by the leading consultancy brand also
identified a significant increase in Brand
Strength: it improved from 77 to 81, earning Globant an
AAA-rated brand status and placing it among the 5 strongest IT
Services brands globally.
"This latest Brand Finance recognition energizes our teams to
keep challenging us to do better and bigger things in 2024. We will
continue focusing on our brand values to keep expanding our
presence worldwide," said Wanda
Weigert, Chief Brand Officer
at Globant.
20 Years of Continuous Growth
Organizations worldwide rely on innovative software solutions to
address business challenges, reinvent their offerings and
processes, and disrupt their industries. Globant's success in this
field is rooted in its culture, its Studio Networks model and
consolidated portfolio of AI-based products and platforms.
Additionally, Globant's Agile PODs methodology enhances cooperation
between internal and client teams, and promotes the agility and
autonomy necessary to create efficient and successful teams.
Last year, the company celebrated its 20-year anniversary with
several global initiatives, including new partnerships with Major
League Rugby and FIFA; the acquisition of the top global creative
agency, GUT; and the company's annual flagship event, CONVERGE. The
company also announced the evolution of its owned Globant X
technology platforms, which leverage AI to accelerate software
development and enhance digital experiences (including the Augoor,
MagnifAI, StarMeUp, and GeneXus platforms).
Founded in 2003, the company currently has more than 27,500
employees (referred to as "Globers") and operates in over 30
countries for clients such as Google, Electronic Arts, and
Santander, among others.
To download Brand Finance's report, click here.
-------------------------------
About Globant
We are a digitally native company that helps organizations
reinvent themselves and unleash their potential. We are the place
where innovation, design, and engineering meet at scale.
- We have more than 27,500 employees, and are present in 30
countries across 5 continents working for companies like Google,
Electronic Arts and Santander, among others.
- We were named a Worldwide Leader in AI Services (2023) and
Worldwide Leader in CX Improvement Services (2020) by IDC
MarketScape report.
- We stand among the top 100 fastest-growing companies in the
world (2023) according to Fortune.
- We were also featured as a business case study at
Harvard, MIT, and Stanford.
- We are active members of The Green Software Foundation (GSF)
and the Cybersecurity Tech Accord.
Contact: pr@globant.com
Sign up to get first dibs on press news and updates.
For more information, visit www.globant.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/globant-ranked-by-brand-finance-as-the-fastest-growing-it-brand-and-5th-strongest-it-brand-globally-302039545.html
SOURCE Globant