February, 2006 – Global Services, an integrated media brand specialized in the sourcing and management of business and technology services, released the prestigious Global Services 100 companies list. And Globant –the leader IT outsourcing company in Argentina- figured among them.

Successful result
Each year, Global Services, together with neoIT, examines key trends in global services delivery to present its exclusive annual listing of the top 100 companies providers of business and technology services. “We are very proud of being among these companies”, stated Martín Migoya, Globant´s CEO. “This means that we are doing a great job and we are pretty confident that, if we keep following this path, our results will continue growing”. By being selected to be on Global Services list, Globant has demonstrated to have a pattern of market leadership, innovation and outstanding customer service.

A relevant and comprehensive study
To be part of it, Globant was studied in different areas: size, profitability, a multishore presence, demonstrated capabilities, staff training or certifications and, above all, the ability to integrate and combine these capabilities to create value for their clients and stakeholders. After the great results this analysis showed, the Argentinean company was considered to be among the 100 companies that best run their operations, address client needs through service offerings, manage their client relationships and manage their human capital.

Several facts
The study showed that corporate demand is growing for global services and the sector is healthy:

• As a group, the GS 100 boast a 20% compound annual growth rate (CAGR), based upon reported numbers and estimates in the fiscal year 2004–2006.
• Altogether, these providers book more than $80 billion a year in outsourcing revenue.
• Revenue is predicted to grow at 25% per year according to a December 2005 Prudential Financial estimate. “We consider that this study shows that our best assets are leading us to the improvement and growth”, explained Migoya.

For more information, visit www.globalservicesmedia.com

About Globant

Globant is one of the fastest growing global IT services companies in Latin America. Its flexibility and abilities quickly made Globant a global player in the extremely competitive IT market, with first-class clients, specially located in USA and Europe. 
Globant offers a wide portfolio of solutions – from software development and infrastructure management, to software globalization -- and is extremely experienced in open source technologies and agile methodologies. Globant’s teams provide services internationally, always backed up by their offices in Buenos Aires, Tandil, London, San Francisco and Boston.

Wanda Weigert | Institutional Communications
Wanda.weigert@globant.com | 54 11 4109 1742