Globant announces five-year $1B investment plan in Latin America

Globant announced a five-year, $1B investment plan in Latin America to strengthen its presence throughout the region. Initiatives Globant is pursuing as part of the investment plan include: A strong expansion in Brazil, and create an Innovation and Emerging Technologies Center in San Pablo. From this Center, specialists will investigate possible new uses of emerging technologies like Artificial Intelligence and Quantum Computing to help Globant’s clients leverage these trends both today and long-term. For the Brazilian market in particular, this Center will develop new AI applications for Salesforce solutions, one of Globant’s foundations of growth in the country. The evolution of owned products based on AI to accelerate software development and enhance digital experiences. Globant X, the product and platforms division of Globant which currently contains the Augoor, MagnifAI, StarMeUp, and GeneXus platforms, will spearhead these developments. An enhanced commitment to regional talent with a hiring plan to add 20,000 new professionals over the next five years across 30 of Globant’s development centers in Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Peru, Mexico, and Uruguay.