GGlobant helps organizations transform digitally by delivering end-to-end technology services. Its offerings include software development, IT consulting, and digital marketing, all provided through projects or long-term contracts. The company works across industries and regions with a global presence, using a team of skilled professionals to build and implement digital solutions. What sets Globant apart is its large, diverse workforce and emphasis on talent development (such as the Young Talent Program), combined with a broad, globally distributed delivery model. The goal is to enable businesses to reinvent themselves and unlock their potential by applying the latest technologies and methodologies in digital transformation.
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2003
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Globant Málaga AI center won't fix your lead response. The Globant Málaga AI center hires engineers, not your slow lead follow-up. What Costa del Sol businesses should do this quarter instead. By James Daily The Globant Málaga AI center will not fix your lead response time, and it will not build your first automated workflow. What it does is put a global technology company's engineering bench roughly forty minutes from Marbella, which changes who you can hire and who you can subcontract. Everything else depends on what you do in the next ninety days. What was actually announced, and why Málaga. The company said it is opening an AI innovation center in Málaga. That is the shape of it: a physical site, a local hiring plan, and a clear statement that Globant intends to build AI delivery capacity in southern Spain rather than routing the work through Madrid or Latin America. It is not a product launch aimed at Costa del Sol small businesses. Nobody at that launch was thinking about your enquiry forms. Read the location before the wording. Málaga TechPark now employs over 29,000 people, the biggest employer cluster in the province. That number did not appear by accident. It is the compound result of a university system that produces engineers, office space at a fraction of Barcelona rates, an airport with direct routes across northern Europe, and a city hall that has spent a decade saying yes to technology tenants. The province has been collecting those tenants for years, and the compounding effect is that a company like Globant can now open here without importing every senior hire. Globant is not arriving out of romance. It is buying into an existing supply of people who can build. There is also a less flattering reading, and it is worth holding both. An innovation center can mean a forty person delivery team doing paid client work, a research group with almost no revenue attached, or a commercial office with a good reception area. Globant's clients are large enterprises, the kind of buyer who runs multi year technology programmes and measures delivery in quarters. Whatever gets built in Málaga will serve those clients first. The details that matter to a local supplier, first year headcount, whether the work is delivery or research, which languages the teams run in, will surface in job adverts over the next two quarters. Watch the hiring pages, not the press release. My view is that this is a labour market event first and a technology event second. The coast will read it as proof that AI has arrived here. That is the wrong lesson. What it changes on the coast, honestly. Start with wages, because that is the effect everyone will feel first. A fifteen person marketing agency in Marbella, or a developer in Benahavís, cannot outbid a global software company for a machine learning engineer, and should not try. The benchmark for technical salaries in the province just moved upward. Anyone who was planning to hire their way into AI capability should revisit that plan this month rather than next year, and should budget for the new reality before posting a job advert. The genuine upside sits on the supplier side. There is now a deeper bench of AI specialists within an hour's drive. A Puerto Banús yacht brokerage that needs charter contracts processed automatically, or an Estepona developer sitting on a strong new build pipeline with a slow enquiry process, can buy that expertise locally instead of defaulting to Madrid or London agencies who have never set foot on the coast. Estepona is the growth story of 2026 and its developers are the ones most likely to hit an operational bottleneck before they hit a sales problem. The illusion to avoid is assuming proximity transfers capability. Google runs a cybersecurity centre in Málaga. The average estate agency on the Golden Mile still answers a portal enquiry two days later. A center forty minutes up the A7 does nothing for a WhatsApp message that sits unanswered over a weekend, and it never will. Proximity is not adoption. It is not even a supplier relationship until somebody signs something. That gap matters more in 2026 than it did five years ago. Middle Eastern buyers now ask about school places before they ask about price, and UK buyer volume has dropped since the visa rules changed. Fewer, better qualified enquiries means each one carries more value, and the fastest reply usually wins the deal. The tools to answer in minutes have existed for years. What has been missing is the decision to use them. What to do this quarter, not next year. Measure before you buy anything. For two weeks, timestamp every enquiry that arrives, whether by web form, WhatsApp or phone, and record when a human first replied. Put the numbers in a spreadsheet, not in your head. Most owners guess a couple of hours and then discover something considerably worse. You cannot fix a number you have never written down, and no vendor, in Málaga or anywhere else, can help you without it. Then automate one process end to end. Not a strategy deck, not a six month transformation programme. Pick the process that costs you the most money: enquiry triage and routing, quote follow up, review requests, or reporting on ad spend. Assign one person to own it, define what finished looks like, and keep a human in the loop on the enquiries worth real money. Its AI automation services are built around that scale of work, one workflow at a time, with results showing in weeks rather than quarters. Use the Málaga ecosystem as a supplier pool and a testing ground. DES 2026 at FYCMA is the most important business event on the Costa del Sol this year, and it is a sensible place to put three vendors against the same brief and compare answers. If you want a neutral read on which workflow to start with, an AI strategy session costs less than a bad hire. For anyone who wants a partner who knows the coast rather than a vendor who knows the airport, its AI support in Málaga covers this ground directly. Who benefits first, and who waits. The immediate winners are engineers and the ecosystem around them. Rental demand in the city, office fit out contractors, relocation services, Spanish language schools for incoming staff: all of it moves. The province has been building toward this for a decade and the payoff is visible in the city rather than on the coast. That is real economic activity and Málaga is entitled to enjoy it. The typical coast business is not in that group and will not be unless it acts. Nothing about a corporate innovation center in the provincial capital trickles down to a beachfront restaurant in Marbella or a dental clinic in Estepona. Those businesses need a booking reminder that sends itself and a reply that lands in ninety seconds, and no multinational is going to build that for them. Globant's arrival makes Málaga a more credible technology city, and that is good for the whole province. It does not make your business more capable. The firms that gain from it will be the ones spending the next quarter timing their own response, automating one process properly, and treating the new local supplier market as a resource rather than a headline. The announcement is the easy part. If nothing changes in your operation by the end of the quarter, an opening in Málaga will have been a news item and nothing more. Your side of it starts with a timestamp and a decision. Ready to grow your business with AI? 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Globant S.A. and its US subsidiary, Globant, LLC, have amended their credit agreement to add a $300 million term loan and a $550 million revolving credit facility. Both mature on October 29, 2031. The amendment, filed on October 29, 2026, makes Globant S.A. an additional borrower. The company used cash on hand and revolving loan borrowings to refinance part of its existing term loan debt. Nine lenders back the term loan, led by HSBC Bank USA. Interest is set at SOFR plus 1.00% to 1.875%, or the Alternate Base Rate plus 0% to 0.875%. The agreement allows increases of up to $350 million, plus additional amounts, if the net leverage ratio stays at or below 3.00:1.00. Borrowers must keep an interest coverage ratio of at least 3.50:1.00.
Globant (NYSE: GLOB) has expanded Glob.AI, its AI-native services platform, with Glob.AI OS, a layer that governs and manages AI across a company. It was announced in New York on October 27, 2026. The system routes tasks to the most cost-efficient of more than 320 models from over 25 providers. It also connects company data and systems, tests and runs AI agents, and tracks budgets, costs, and audit records. Glob.AI OS runs as software as a service or in a client's own cloud. Client data stays private and never trains any model. Glob.AI customers pay for outcomes or consumption, not hours or seats. FIFA reported a 20% gain in throughput efficiency, and YPF cut contract timelines by up to 40%.
"Transformational": Migoya reflected on Milei's Argentina and the future of Globant's shares. Globant's CEO spoke with Bloomberg Línea at Argentina Week in Paris about the country's perception among investors and the "rebirth" of technology services. The stock is up 9% in three months on Wall Street. October 6, 2026 | 04:02 AM Buenos Aires - Martín Migoya believes that Argentina is going through "a record moment" in its international perception and that the country is living a "transformational" moment. The founder and CEO of Globant (GLOB) spoke with Bloomberg Línea at Argentina Week in Paris, the second such forum of the year after the one in New York, in which global CEOs of Santander, Louis Dreyfus, Eni, and Glencore, among others, laid out their plans and visions for the country. "I say it while visiting clients and visiting investors around the world. It is a very unique, very special moment," Migoya said. And he added, speaking from the Argentine Embassy in Paris: "Argentina is perceived today as a country that is making the reforms it has to make, that is structurally implementing the fiscal discipline it needs to have, and these are values that perhaps we are now getting used to, that we have been living for three years, but that are not common in many countries." That reading, he added, generates the feeling that "Argentina is finally getting on the course it must take," and opens "a very good moment to attract investments," due to talent, resources "and now also because of its way of thinking and governing." "Little bricks on the right path" Migoya described the forum as "a great initiative by the government and the embassy" to "continue explaining to the world the highly relevant and transformational moment we are living," and compared it to going to the gym: "You have to go, but you have to go every week." "It doesn't mean the event has to be held every week, but I think Argentina must continue to be positioned in the world's main capitals," he said. "These are little bricks that are being laid on the right path for the country." Asked whether lagging sectors of the economy, such as employment, construction, and industry, could weigh on electoral will in 2027, he declined to comment. "I'm not an economist, so I can't answer anything about all that," he said. "What I do know is that there are many investments going to agriculture, mining, energy, oil, and in the long term that is something very healthy for the country." Globant, AI, and the "rebirth" of the sector. On his company's current situation, Migoya said global demand for its services "is sustained and is doing well" and that Globant is making great progress in Glob.AI, its recently launched artificial intelligence platform for enterprises, whose segment showed "very strong growth" in last quarter's results. "We believe that the need to take technology and transform it into something productive is a very long-term business, and that is what I have been betting on all my life," he said. He highlighted the market's reception to the new AI Pods model, the artificial intelligence teams that the platform offers by subscription, with which the company "completely changes the way we relate to our clients, charge our clients, and move to a much more output-driven model." Asked whether that enthusiasm will soon be reflected in the stock, he responded that he always trusts that it will, "but I don't have a crystal ball." In the last month or two, he said, "there has been a kind of rebirth of the sector in general, because everyone is realizing that services are still necessary, and that has made investors turn back to the sector." He added that "these are long movements" and that he is "very confident" it will happen. What analysts say about the stock. Globant shares rose 9% in the last three months through this Monday, October 5, on Wall Street, but they are down 46% so far in 2026 and 41.2% in the last 12 months. The average 12-month price target from analysts is US$49.81, implying a potential return of 40.7% from US$36 this Monday. Of the 23 analysts covering the stock, 10 recommend buying and 13 holding; none recommend selling, with a consensus rating of 3.83 out of five. Among the most recent revisions, several firms updated their price targets and recommendations: * Mizuho Securities (Sean Kennedy): US$51; outperform. * Wells Fargo (Jason Kupferberg): US$42; equal weight. * Bradesco BBI (Daniel Federle): US$45; outperform. * Deutsche Bank (Nate Svensson): US$33; hold. * HSBC (Phani Kumar Varma): US$100; buy. * Morgan Stanley (César Medina): US$50; overweight. * Itaú BBA (Maria Clara Infantozzi): US$45; market perform.
Digital House, an Argentine edtech start-up with operations across Latin America, has raised more than $50 million in an investment round that featured Mercado ...
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
San Francisco, CA
Founded
2003
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs