With over two decades of harnessing the transformative power of technology to empower businesses to be at the forefront of innovation, Globant presents this Network to prepare key industries for a new wave of AI transformation. Some of the Studios in the Network are Connected Experiences, Automotive, Media and Entertainment, Healthcare and Life Sciences, Finance, Airlines, Hospitality and Leisure, Games, EdTech, Business Hacking, Sports, Retail, Smart Payments and Sustainable Business. About Globant SOURCE ...

Core Insights - Globant has integrated proprietary AI Agents into the software development life cycle (SDLC) to enhance its development capabilities and support various industries in AI adoption [1] Group 1: AI Agents and Their Functions - The Code Tester AI Agent creates and executes comprehensive test plans to help companies deliver high-quality software more quickly [2] - The Code Fixer AI Agent utilizes contextual understanding of existing code to streamline the bug-fixing process [2] - The Product Definition AI Agent aids in the product definition process by evaluating user stories and assisting the development team in product design [3] - The Backend Prototyping AI Agent allows users to develop backend applications with minimal time investment, regardless of technical expertise [11] - The Application Design AI Agent transforms concepts into reality using simple text input, facilitating teamwork and enhancing the design process [11] - The AI Agents are designed to work in conjunction with Globant's existing AI products, creating a comprehensive suite of AI-driven solutions [10] Group 2: Company Overview and Recent Developments - Globant, based in Luxembourg, provides engineering, design, and innovation services, including data management solutions and quality assurance strategies [4] - In March 2024, Globant's subsidiary GeneXus partnered with NVIDIA to integrate NVIDIA's AI technology with its enterprise AI platform [5] - The company is focused on enhancing next-generation software development and digital transformation, recently collaborating with Adobe Inc. to leverage Adobe Experience Cloud [12] Group 3: Financial Performance - In the last reported quarter, Globant's revenues increased by 20.9% year over year to $571.1 million, surpassing the consensus estimate by 0.1% [13] - The growth was driven by strong performance across most business segments, with top customers contributing 8.3%, 21.8%, and 30.1% to net sales [13] - Currently, Globant holds a Zacks Rank 3 (Hold), with shares declining by 1.9% over the past year compared to the subindustry's growth of 1.1% [13]

Core Insights - Globant has integrated proprietary AI Agents into the software development life cycle (SDLC) to enhance development capabilities and support various industries in accelerating AI adoption [1][2][3] Group 1: AI Agents Overview - The new AI Agents include: Product Definition AI Agent, Backend Prototyping AI Agent, Application Design AI Agent, Code Tester AI Agent, and Code Fixer AI Agent, all designed to perform tasks autonomously and improve efficiency [2] - These AI Agents are supervised by humans, aiming to create a symbiotic relationship between AI and human efforts, potentially leading to productivity gains comparable to the impact of Henry Ford's assembly line [2] Group 2: Company Background and Achievements - Globant has been incorporating artificial intelligence since 2013, ensuring that nearly 100% of its teams are AI-certified, which allows them to leverage AI in all projects [3] - The company has over 28,900 employees across 33 countries and has been recognized as a Worldwide Leader in AI Services and CX Improvement Services by IDC MarketScape [6]

Under Marketing Automation, using Adobe Market Engage, GLOB's Adobe Studio empowers businesses to identify and engage with high-potential leads through enhanced lead scoring and nurturing strategies, improving marketing techniques and driving impactful results. At present, GLOB carries a Zacks Rank #3 (Hold). Shares of the company have lost 0.6% against the subindustry's growth of 2.7% in the past year. Arista Networks, Inc. (ANET) , sporting a Zacks Rank #1 at present, is likely to benefit from strong mome ...

Globant launches Adobe StudioGlobant launches Adobe Studio "We are complementing our network of marketing services with a new Studio specializing in Adobe Experience Cloud, a leading technology in its industry. The Adobe Studio will enable us to enhance the personalization, automation, and overall efficiency of marketing and advertising campaigns, strengthening our competitive position in the market," said Diego Tartara, Chief Technology Officer at Globant. "Incorporating Adobe technology into Globant's cur ...

Core Insights - Globant has launched the Globant GUT Network, a creative network that integrates its previously acquired agencies with the award-winning GUT agency, focusing on leveraging technology and creativity to enhance marketing solutions [1][4][16] Company Overview - Globant is a digitally native company with over 28,900 employees across 33 countries, recognized as the 5th strongest IT brand globally and a leader in AI services [14] - GUT, founded in 2018, has gained significant recognition, including being named Cannes Lions Independent Network of the Year and Adweek's Breakthrough Agency of the Year [4][8][15] Leadership and Structure - The Globant GUT Network will be led by Wanda Weigert, Chief Brand Officer, along with agency founders from GUT, Habitant, Vertic, Ad_Bid, and KTBO [2][11] - The network comprises eight specialized studios focusing on various aspects of marketing, including advertising, content, design, and marketing technology [3][11] Strategic Vision - The GUT Network aims to create a seamless integration of creativity and technology, enhancing personalized consumer experiences and fostering long-term brand relationships [3][12] - The collaboration between tech and creative teams is expected to revolutionize the advertising landscape, positioning the network as a top global creative entity [11][12] Recent Achievements - GUT achieved a record-breaking year in 2023, winning 35 Lions at Cannes, including 3 Grand Prix, and expanding its client base significantly [4][8] - Globant has been recognized for its rapid growth, ranking first in the Information Technology Services category on Fortune's list of "100 Fastest-Growing Companies" [5]

Globant (GLOB) reported first-quarter 2024 non-GAAP earnings per share (EPS) of $1.53 per share, matching the Zacks Consensus Estimate. The bottom line increased 19.5% year over year. Revenues in the quarter summed $571.1 million, beating the Zacks Consensus Estimate by 0.1%. Total revenues rose 20.9% year over year. The uptick was attributable to solid momentum across most of the business segments. Its top customer, top five customers and top 10 customers contributed 8.3%, 21.8% and 30.1% to net sales, res ...

Globant (GLOB) came out with quarterly earnings of $1.53 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this information technology services provider would post earnings of $1.61 per share when it actually produced earnings of $1.62, delivering a surprise of 0.62%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Gl ...

Executing on Growth Initiatives First quarter revenues of $571.1 million, up 20.9% year-over-year IFRS Diluted EPS of $1.02 for the first quarter Non-IFRS Adjusted Diluted EPS of $1.53 for the first quarter LUXEMBOURG, May 16, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced results for the three months ended March 31, 2024. Please see highlights below, including certain Non-IFRS measures. Note th ...

The Robotics Studio, along with others such as the Immersive Experiences Studio, the IoT Studio, and the Blockchain Studio, is part of Globant's Digital Studio Network, which harnesses disruptive technologies to put businesses at the forefront. Through its expertise in IoT and AI, this new Studio enhances Globant's position in the automated robot integration space SAN FRANCISCO, May 15, 2024 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative ...