Globant opens its Middle East Regional HQ in Riyadh serving as a Center of Excellence for AI, creativity and cutting-edge digital solutions

Core Insights - Globant has inaugurated its first regional headquarters in Riyadh, Saudi Arabia, marking a significant step in its geographical expansion and commitment to digital transformation in the Middle East [1][2] - The company aims to leverage local talent and cultural insights to drive AI solutions and enhance digital customer experiences [1][2] Company Expansion - Globant's revenue in the Middle East and APAC grew by 84.4% year-over-year in Q1-25, indicating strong market demand [2] - The digital transformation market in the MENA region is projected to grow, with IT spending expected to reach $230.7 billion in 2025, a 7.4% increase [2] - In Saudi Arabia, IT services spending is anticipated to grow at a CAGR of 9.0% from 2022 to 2027, reaching $6.4 billion [2] AI and Talent Development - The new hub will focus on accelerating AI-driven innovation across various sectors, including Media and Entertainment, Travel and Leisure, Financial Services, and Gaming [3] - Globant plans to train local IT professionals in AI skills to develop them as AI Architects and AI Engineers, enhancing the local talent pool [3][7] Technological Leadership - The new headquarters will serve as a Centre of Excellence, allowing Globant to export best practices and talent globally, positioning Saudi Arabia as a technology hub [4] - The immersive "Playground" at the new HQ will provide hands-on experiences in innovation, blending technology with sports and customer engagement [5] Strategic Vision - Globant's efforts align with Saudi Arabia's Vision 2030, aiming to foster local talent and build enduring partnerships within the region [4][7]