Globant sets up its Middle East Regional Headquarters in Riyadh, functioning as a hub for AI advancements, creative ingenuity, and leading-edge digital technologies.

Going Big in the Heart of Saudi Arabia - Globant Unveils Its Middle East HQ and Expansion Plans

Embrace the future as Globant plants its roots in Saudi Arabia, to fuel the region's AI-driven digital transformation

In a move that marks a significant leap in its geographical expansion and commitment to revolutionize the digital landscape of the Middle East, Globant (NYSE: GLOB), a globally recognized technology solution provider, unveiled its grand entry into Saudi Arabia, by inaugurating its Middle East Regional HQ in Riyadh. With the aim of being at the forefront of the digital reinvention in the Middle East, Globant intends to leverage cutting-edge AI solutions and local talent to set new standards in delivering innovative and customer-centric digital experiences.

Less than three years since its arrival in the region, Globant has witnessed the immense potential of the Saudi Arabian tech scene, teeming with vibrant and young talent that can pave the way for growth and innovation. In a nostalgic nod to their initial visit, Martín Migoya, Co-founder and CEO of Globant, said: "Reinvention is Globant's core identity. We are honored to be a part of Saudi Arabia's reinvention story. Ever since our first executive visit, we have been captivated by the promise of the Kingdom's tech talent."

The digital transformation market in the Middle East and Asia-Pacific region is showing no signs of slowing down, with Saudi Arabia being a standout player. Globant's revenue in the Middle East and APAC sectors showed an 84.4% year-over-year increase during the latest quarter. IDC projects that the IT services spending in Saudi Arabia is set to grow at a compound annual growth rate (CAGR) of 9.0% between 2022 and 2027, reaching $6.4 billion. In this thriving breeding ground for digital initiatives, Globant seeks to accelerate AI-driven innovation for prominent public and private organizations across industries such as Media and Entertainment, Travel and Leisure, Financial Services, and Gaming.

To ensure a seamless fusion of cutting-edge AI technology and local talent, Globant will be training indigenous IT professionals in state-of-the-art AI skills, enabling them to develop as AI Architects and Engineers, capable of orchestrating agentic workflows for key industries. Considering the burgeoning digital market and growing demand for AI expertise, Globant aims to position itself as a key player in driving the digital transformation of the region, while simultaneously enhancing Saudi Arabia's status as a hub for global technology innovation.

As Federico Pienovi, CEO & CBO of New Markets at Globant, put it, "Our new hub in the Kingdom of Saudi Arabia will allow us to better serve leading organizations in the region, leveraging our expertise in AI, data, and cloud technologies across diverse sectors. As our Center of Excellence evolves, it will facilitate the export of best practices and local talent worldwide, further solidifying Saudi Arabia as a global technology hub."

To add a cherry on top, Globant's new MENA headquarters houses Globant's third global "Playground" - an immersive, hands-on space designed to bring together tech leaders and innovators in the region. The Playground provides visitors with a memorable experience, drenched in innovation, AI, and customer engagement. One can test their skills in various interactive exhibits, such as "The Perfect Pit Stop", a sci-fi VR challenge that brings together teams as Formula 1 pit crews, and digital twin experiences that allow a peek into the future of technology.

In a nutshell:- Globant has invested in a $6.4 billion IT market projected to grow at a 9.0% CAGR in Saudi Arabia, establishing a Middle East Regional HQ in Riyadh as a platform for digital transformation, exporting talent, and fostering AI innovation.- By training local IT professionals in AI-first solutions, Globant aims to drive the regional digital transformation, focusing on verticals such as Media and Entertainment, Travel and Leisure, Financial Services, and Gaming.- The new global Playground in Riyadh will serve as a center for innovation, showcasing the future of technology by offering interactive experiences.- Globant continues to make its mark as a global leader in digital transformation, with roaring success in the Middle East-APAC region, aligning with Saudi Arabia's Vision 2030 plans for growth and diversification.

Globant's new regional headquarters in Riyadh, Saudi Arabia, serves as a platform for driving digital transformation in the Middle East, training local IT professionals in AI-first solutions, and showcasing the future of technology through the global Playground.
The digital transformation market in the Middle East and Asia-Pacific region, including Saudi Arabia, is projected to grow at a compound annual growth rate (CAGR) of 9.0%, with Globant aiming to position itself as a key player in this thriving market.
To advance AI-driven innovation across various industries such as Media and Entertainment, Travel and Leisure, Financial Services, and Gaming, Globant plans to leverage local talent and cutting-edge AI solutions in Saudi Arabia.
In its commitment to revolutionize the digital landscape of the Middle East, Globant aims to contribute to Saudi Arabia's Vision 2030 goals for economic growth and diversification, aligning its expansion plans with the country's ambitious digital transformation objectives.