• Globant’s Be Kind Tech Fund Collaborates With Investors, Universities, and Nonprofits to Tackle Misuse of Technology

  • 24 May 2022

    Press Release

BKTF May

The Fund’s new partners include The George Washington University and investors Riverwood Capital, IDB Lab, and Nazca, alongside the Center for Humane Technology joining as an advisor. 

San Francisco, CA – May 24, 2022Globant (NYSE: GLOB), a digitally native company focused on reinventing business through innovative technology solutions, today announced that its Be Kind Tech Fund, the first and only corporate venture fund wholly focused on supporting startups that seek to mitigate the misuse and abuse of technology, is collaborating on its mission with partners including The George Washington University and investors Riverwood Capital, IDB Lab, and Nazca. The Center for Humane Technology is also joining the Fund as an advisor. 

With these expansions in its network of partners, the Be Kind Tech Fund will be able to maximize its influence to reach qualifying, high-impact startups globally. By collaborating with like-minded organizations across the investment, educational, and nonprofit sectors – which are equally dedicated to the Fund’s mission – the Fund will expand the scope of its approach to mitigate the negative impacts resulting from technology abuse and misuse through funding, amplifying the smartest research, and promoting education.

The misuse of technology has been proven to result in AI bias, online harassment and abuse, screen time abuse, and outrage algorithms and polarization, among other consequences. In its Ledger of Harms, The Center for Humane Technology shares research that shows how the resulting impacts take a visible, lasting, and extensive toll on both children and adults. A few examples include:

  • Children who experienced cyberbullying were significantly more likely to engage in risk-taking health behavior as adults. 
  • Preschoolers who use screen-based media for more than 1 hour each day have been shown to have significantly less development in core brain regions involved in language and literacy.
  • Adolescents’ use of social media was a significant predictor of their depression levels over the course of four years. 

“Globant was founded with the belief that technology has played – and will continue to play – a fundamental role in the continuous reinvention of our world,” said Guibert Englebienne, Co-Founder, President for Latam and Globant X. “As technology grows more sophisticated, its potential for good increases. Alongside our Be Kind Tech Fund’s new partners and advisors, we will increase our collective power to ensure technology is harnessed for the benefit of society and reduce the potential harms of its misuse or misapplication.” 

“We look forward to partnering with Globant on entrepreneurship and experiential learning initiatives, faculty research, and outreach to promote ethical tech solutions – all areas that resonate with our own mission and enhance student and faculty experiences,” said Dr. Anuj Mehrotra, Dean at The George Washington University School of Business. “Partnering with an organization that shares this passion will amplify one another’s efforts to make an impact. We expect it will increase innovative career opportunities for our students in this important growth sector.”

"Humane technology isn't just an ideal, it's a growing sector that is creating tremendous economic and social value," said Maria Bridge, Chief Communications Officer at the Center for Humane Technology. "Leading funders like Be Kind Tech Fund are helping technology succeed by aligning incentives with our humanity rather than exploiting it."

“As technology becomes more pervasive, it’s important that investors and other stakeholders consider the long-term implications and seek out opportunities to harness the power of innovation for positive outcomes worldwide,” said Francisco Alvarez-Demalde, Co-Founder and Managing Partner at Riverwood Capital. “Alongside the Be Kind Tech Fund, its partners, and other like-minded organizations, we can play a role in helping startups who strategically combat technology’s misuse become long-lasting, high-growth companies with the ability to scale across sectors and geographies.”

“Since our founding in 2014, we’ve seen several immensely talented entrepreneurs in Latin America and beyond with ideas that can change the world for the better – they just need the opportunities and tools to put them into action,” said Jaime Zunzunegui, Managing Partner at Nazca. “As a partner of the Be Kind Tech Fund, together we will empower revolutionary start-ups, who are improving how we use technology and its impact on our lives, to reach their maximum potential.” 

Learn more about the Be Kind Tech Fund, apply for support, or join us as a partner here

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About Globant

We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale. 

  • We have more than 24,500 employees and we are present in 19 countries working for companies like Google, Electronic Arts and Santander, among others.
  • We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
  • We were also featured as a business case study at Harvard, MIT, and Stanford.  
  • We are a member of the Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Contact: pr@globant.com 
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For more information, visit www.globant.com

About Be Kind Tech Fund

Launched in 2021, the Be Kind Tech Fund is a $10 million USD corporate venture fund administered by Globant Ventures. The fund seeks to assist global startups looking for support in developing apps, products, and platforms that are focused on mitigating the negative effects of technology, such as online harassment and abuse, data privacy and security, AI bias, screen time abuse, and information bubbles and polarization.

If you are an entrepreneur or startup focused on mitigating the negative impacts of tech and ensuring tech is used for good, or are interested in knowing more about the Be Kind Tech Fund, please visit www.bekindtechfund.com and join the revolution.

  • Globant Launches Smart Payments Studio to Help Companies Create Simpler, Faster and More Secure Solutions

  • 18 May 2022

    Press Release

Smart Payments

New Studio Encompasses practices like Digital Commerce, Alternative Payments, Rewards & Loyalty and Analytics to Support Clients’ Transformations.

NEW YORK - May 18, 2022 Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today launched its Smart Payments Studio, which provides strategic business and technical consultancy to help organizations analyze and develop payments solutions. By leveraging Metaverse, Blockchain, and Gamification technologies, among others, this Studio aims to deliver experiences that are seamless, personalized, and engaging. 

“Today’s consumers have more payment options than ever before. This trend represents a great opportunity for the reinvention of businesses, bringing technologies such as NFTs, crypto and Blockchain to the table,” said Diego Tártara, Chief Technology Officer at Globant. “Leveraging our vast experience in payments and across industries, the Smart Payments Studio will focus on creating revolutionary, personalized experiences backed by data and AI.”

The new Studio offers four unique but interrelated practices:

  • Payments for Digital Commerce: Applies human-centered design methodologies to drive behavioral insights and achieve business goals.
  • Alternative Payments: Analyzes, advises, and co-creates the best scalable solutions according to organizations’ needs.
  • Rewards & Loyalty: Open design that supports both individual and co-branded campaigns with clients and their partner ecosystems.
  • Payments & Card Analytics: Designs analytics solutions that can deliver powerful insights across the value chain of digital payments to enhance customer experience, create new products, increase revenue and reduce risk.    

“Payments impact all industries and our new Smart Payments Studio will help revamp solutions, drive scalable adaptability, deliver frictionless experiences, and ultimately foster trust, convenience, speed and security,” said Shantala Sadananda, Managing Director of Financial Services at Globant. “Globant is skilled in bringing payment domain expertise down to the keyboard and the Smart Payments Studio team is made up of key talent who are ready to revive industry-wide innovation, transformation, and reinvention.”

Smart Payments joins the Reinvention Studios portfolio, which is focused on transforming specific industries, including Gaming, Media & Entertainment, Life Sciences, Bluecap Future Finance, Travel & Hospitality, Airlines, and EdTech Studios.

To learn more about the Smart Payments Studio, click here.
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About Globant

We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale. 

  • We have more than 23,500 employees and we are present in 18 countries working for companies like Google, Electronic Arts, and Santander, among others.
  • We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
  • We were also featured as a business case study at Harvard, MIT, and Stanford.  
  • We are a member 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.

  • Globant Launches EdTech Studio to Empower Organizations to Create High-Quality Learning Experiences

  • 13 May 2022

    Press Release

EdTech Studio

With its new Studio, Globant seeks to reinvent learning experiences and transform organizations by leveraging its expertise in transforming organizations through trends such as Big Data, Analytics, AI, Augmented and Virtual Reality, Blockchain and Gaming.

SAN FRANCISCO - May 13, 2022 Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, launched its new EdTech Studio today. As the education sector faces a new paradigm shift, Globant will leverage its extensive technology skills and industry expertise to provide organizations with strategic consulting, design, and end-to-end digital solutions, empowering them to propel life-long learning experiences.

The EdTech Studio aims to transform education into a more successful, immersive, and engaging experience through technology – for example, by applying Big Data to synthesize and visualize information to measure learners' progression and make strategic decisions to increase retention. Implementing AI to identify students’ specific challenges with certain content, or applying Virtual Reality (VR) and Augmented Reality (AR) to lessons, are new ways to offer a level of immersion that was previously impossible for students.

“As digital transformation impacts communities, businesses, and entire industries, the education sector needs to review their approaches and methodologies to create compelling and attractive experiences,” said Diego Tártara, Chief Technology Officer at Globant. “Through our new EdTech Studio, we seek to expand our proven track record building successful digital experiences to learning so that everybody has the opportunity to reach their full potential through high-quality education.”

“We are in an era where technology enables innovative ways of learning, providing everyone the opportunity to reinvent themselves constantly. Our teams have the best engineering, design, and strategy talent to help our customers break through in education,” said Javier Scher, VP of Technology – EdTech Studio at Globant.

EdTech joins the Reinvention Studios portfolio, which is focused on transforming specific industries, including the Gaming, Media & Entertainment, Life Sciences, Bluecap Future Finance, Travel & Hospitality, and Airlines Studios.

Learn more about the EdTech Studio here.
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About Globant

We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale. 

  • We have more than 23,500 employees and we are present in 18 countries working for companies like Google, Electronic Arts, and Santander, among others.
  • We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
  • We were also featured as a business case study at Harvard, MIT, and Stanford.  
  • We are a member 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

  • Andrea Mayumi Petroni Merhy Joins Globant’s Board of Directors

  • 03 May 2022

    Press Release

Andrea Mayumi Petroni Merhy

Luxembourg, May 3, 2022  - Globant  (NYSE: GLOB), a digitally native company focused on reinventing business through innovative technology solutions, announced today the appointment of Andrea Mayumi Petroni Merhy to its Board of Directors. Ms. Petroni Merhy was elected to join the Board of Directors by Globant’s shareholders at the company’s annual general meeting, which took place on April 22. She comes to Globant with extensive experience leading global strategies to grow and scale international businesses. 
 
"We are extremely thrilled to have Andrea Petroni Merhy join our Board of Directors. Her experience and advice will help us to improve our ability to leverage business opportunities and support our global portfolio of clients to reinvent themselves and their industries," said Martin Migoya, Chairman of Globant’s Board of Directors and CEO & Co-founder of Globant.
 
Ms. Petroni Merhy is a Managing Director, Head of Business Advisory & Execution, and member of the Management Committee for the Investment and Corporate Banking in Asia Pacific at JPMorgan Chase. Previously, Ms. Petroni Merhy held a number of leadership roles within JPMorgan Chase including Head of Finance & Business Management for the Investment and Corporate Banking and Wholesale Payments in Asia Pacific, Senior Business Manager for China, Head of Human Resources for Latin America, and Head of Finance & Strategy for the Investment Banking in Latin America. 
 
From 2015 to 2021, Ms. Petroni Merhy also served as a Board Member of the JPMorgan Chase Bank (China) Company Limited, joining the Nominating and Related Party Transactions committees. Earlier in her career, Ms. Petroni Merhy was an investment banker advising clients on mergers & acquisitions, capital raising, and strategic alternatives across all industries in Latin America. Ms. Petroni Merhy holds a bachelor's degree in business administration from Escola de Administração de Empresas Fundação Getúlio Vargas in Brazil. 
 
Commenting on her appointment, Ms. Petroni Merhy said, "I am delighted to join Globant’s Board of Directors. In today’s world, organizations need to constantly evolve and reinvent themselves to remain competitive and relevant. Globant is at the forefront of digital reinvention, empowering businesses to innovate, accelerate, and transform. The leadership team, together with Globant’s employees across sectors and geographies, have built a vibrant and world-class franchise that is ripe for growth. I am looking forward to helping Globant achieve its most ambitious goals.”
 
With Ms. Petroni Merhy’s appointment, Globant's Board of Directors will contain nine members. Ms. Petroni Merhy’s knowledge and extensive experience regarding innovative companies, entrepreneurship, and financial expertise will be a key addition to Globant’s leadership team as it continues to scale its business worldwide. 
 
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About Globant

We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale. 

  • We have more than 23,500 employees and we are present in 18 countries working for companies like Google, Electronic Arts and Santander, among others.
  • We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
  • We were also featured as a business case study at Harvard, MIT, and Stanford. 
  • We are a member 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

  • Globant Launches Digital Performance Studio to Deliver Lasting Improvement in Organizations Undergoing Digital Transformation

  • 13 Apr 2022

    Press Release

Digital Performance Studio

The new Studio boosts team synergy and success with data-backed tools and methodology

SAN FRANCISCO - April 13, 2022 Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today launched its new Digital Performance Studio.

The new Studio’s mission is to help its clients move faster, become more resilient, and attract top talent by providing the tools needed to maximize performance. The Studio’s proprietary Insights platform provides companies with the situational awareness they need to improve decision-making leveraging Globant’s 20 years of business and technology experience. Backed by data, the platform helps leaders better understand digital teams’ performance levels, capabilities, and happiness, and focus their people and resources to build skill sets and deliver lasting improvement. 

“Having the right technologies is not enough in today’s rapidly changing, hyper-competitive world. Organizations must combine cutting-edge technology with innovative strategies, and most struggle to obtain the data needed to successfully drive their decision-making process,” said Nicolas Avila, Chief Technology Officer for North America at Globant. “We have helped some of the most prestigious brands execute their digital transformation, and as a result, we have collected a unique understanding of what transformation entails. Our Digital Performance Studio helps leaders make informed decisions about how they can best improve their technology teams’ processes and output, and ultimately deliver on a business that needs to move faster every day.” 

“The Digital Performance Studio will allow us to work with more organizations on an individual level, customizing our approach to each company and team culture,” said Esteban Sancho, Vice President of Technology at Globant. “To successfully reinvent themselves and stay competitive, organizations must start at the team level, organically creating a great place to work where top talent will thrive.” 

Globant’s Chief Architect, Michael Feathers, added: “We have decades of experience assembling teams to execute digital transformations successfully. With our new Digital Performance Studio, Globant will guide organizations through the actions that will help them improve their teams’ throughput and culture, enabling fast innovation and turning technology into a differentiating asset.”

Digital Performance is the latest addition to Globant’s Digital Studios (including Metaverse, Data & AI and Blockchain, among others), which focus on developing business models and leveraging Globant’s technical expertise to help organizations hone their technology capabilities and accelerate their digital transformation journeys. 

To learn more about Globant’s new Digital Performance Studio, please click here

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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 scale. 
  • We have more than 23,500 employees and we are present in 18 countries working for companies like Google, Electronic Arts and Santander, among others.
  • We were named a Worldwide Leader in CX Improvement Services by the IDC MarketScape report.
  • We were also featured as a business case study at Harvard, MIT, and Stanford.  
  • We are 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. 

 

  • Portafolio: Great Places to Work for Women

  • 04 Apr 2022

    In the News

Portafolio: Los Mejores Lugares para Trabajar para Mujeres

This article highlights Globant’s Great Place to Work position as the second-best place for women in Colombia.

Read the original content in Portafolio.

  • Globant Acquires Low-code Platform GeneXus to Foster Business Reinvention and Expand its Product Portfolio

  • 20 Apr 2022

    Press Release

Vortex

Globant becomes one of the first leading digital players to invest in a low-code platform to propel business transformation.

GeneXus developed a leading low-code platform that simplifies software development and evolution and is being used by leading companies in several Latin American and Asian countries.

With this agreement, the Company strengthens the offering of Globant X, its product division.

New York– April 20, 2022. Globant (NYSE: GLOB), a digitally native technology services company, announced today that it has entered into a definitive agreement to acquire GeneXus, a renowned company that developed a leading low-code platform extensively used in several industries. With this operation, Globant became one of the first leading digital players to invest in a low-code platform as a tool to deliver faster and high quality digital transformation. GeneXus will also strengthen the offering of Globant X, a dedicated group in charge of productizing the Company’s most transformative tech into scalable platforms.  

With over 30 years in the market and being used by 1,700+ companies in Latin America and Asia, GeneXus is a solid product that offers a world-class low-code platform enriched with Artificial Intelligence (AI) features in a friendly tool to create, develop and maintain end-to-end solutions ready to run in all sorts of devices.

"We are thrilled to add GeneXus to our platform´s portfolio. Low-code platforms can foster business reinventions as they enable organizations to create new applications and solutions faster. This is absolutely critical in this era where technology evolves to meet end-users expectations”, said Martín Migoya, CEO and Co-Founder of Globant. “We are proud to have Nicolás Jodal, GeneXus CEO and Co-Founder, join our team as we keep expanding GeneXus globally with his leadership and knowledge and our deep experience in AI and presence in 18 countries”, he added. 

Founded in Uruguay in 1988, with 150+ professionals, GeneXus has developed an impressive client portfolio including large well-reputed corporations as Mitsubishi Electric, Itaú, Honda, Pan American Energy, and TV Azteca, among others, in key industries such as Financial Services, Retail, and Industrial & Manufacturing. Nicolás Jodal, CEO and Co-Founder of GeneXus, and his team will join Globant to continue expanding GeneXus globally.

“We are proud to partner with Globant. Together, GeneXus will enter a new era and definitely become the world's most innovative low-code platform”, said Nicolás Jodal, Co-Founder and CEO of GeneXus.

“I am very excited about this agreement. Globant is the ideal strategic partner to extend automatic software development and keep on simplifying the creation and maintenance of software for clients worldwide”, said Breogán Gonda, Co-Founder and Chairman of GeneXus.

Guibert Englebienne, Co-Founder of Globant and President of Globant X, said: “We welcome GeneXus to the Globant X family with perfect timing, when we are expanding and solidifying our platform portfolio and reaching new markets. Both company cultures will fit seamlessly and partnering with such an innovative and talented team led by Nicolás Jodal will be amazing”. 

Completion of this transaction is subject to regulatory approvals and other customary closing conditions.

About Globant
We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale. 

  • We have more than 23,500 employees and we are present in 18 countries working for companies like Google, Electronic Arts and Santander, among others.
  • We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
  • We were also featured as a business case study at Harvard, MIT, and Stanford.  
  • We are a member of the Green Software Foundation (GSF) and the Cybersecurity Tech Accord.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The expectations related to the businesses of Globant and GeneXus may differ from their actual results and consequently, you should not rely on these forward looking statements as predictions of future events. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “will”, “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These forward-looking statements include, without limitation, expectations with respect to the anticipated benefits of the proposed acquisition. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside of the control of Globant and GeneXus and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the ability of the parties to complete the proposed acquisition; (2) the risk that the conditions to the closing of the acquisition are not satisfied in a timely manner or at all, (3) or the regulatory approvals required for the transaction may not be obtained on the terms expected, on the anticipated schedule, or at all (4) the risk that disruption from the transaction materially and adversely affects GeneXus’s business and operations; (5) restrictions during the pendency of the transaction that impact GeneXus’s ability to pursue certain business opportunities or other strategic transactions; (6) the Globant’s ability to recognize the anticipated benefits of the proposed acquisition, (7) costs related to the proposed acquisition, (8) Globant’s ability to successfully grow GeneXus’s business; (9) potential adverse reactions or changes to business relationships resulting from the announcement, pendency or completion of the proposed acquisition; (10) the ability of Globant to retain and hire key GeneXus employees; (11) changes in applicable laws or regulations, (12) the demand for GeneXus’s services together with the possibility that GeneXus may be adversely affected by other economic, business, and/or competitive factors; and (13) other factors discussed under the heading “Risk Factors” in our most recent Form 20-F filed with the Securities and Exchange Commission and any other risk factors included in subsequent reports on Form 6-K. Because of these uncertainties, you should not make any investment decision based on these forward-looking statements. Except as required by law, we undertake no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.

Contact: pr@globant.com 
Sign up to get first dibs on press news and updates
For more information, visit www.globant.com.

  • Infobae: A new initiative with a League of Legends women's team was presented

  • 03 Mar 2022

    In the News

Infobae Esports

In this interview, Patricio Spallatti talked about the “Academy” initiative to promote the professional training of female players in esports.

Read the original content in Infobae.

  • Insider Latam: Wanda Weigert, from Globant: “Today technology has become a commodity”

  • 14 Mar 2022

    In the News

Insider Latam: Wanda Weigert

In this article, Wanda Weigert talks about the creation and launch of the Seek Reinvention campaign. 

Read the original content in Insider Latam.

  • NYSE: Floor Talk with Globant

  • 18 Mar 2022

    In the News

NYSE Floor Talk with Globant

In this interview, Fernando Matzkin talks about Globant and how we help companies reinvent themselves.

Watch the original content in NYSE.