Globant Establishes Its Middle East Headquarters in Riyadh to Drive AI Innovation and Digital Solutions
Globant Expands Its Presence in the Middle East with New HQ in Riyadh
In a significant move less than three years after entering the Middle East, Globant has officially opened its new regional headquarters in Riyadh, Saudi Arabia. This facility will act as a Center of Excellence for cutting-edge AI and digital solutions, marking a pivotal expansion in Globant's ongoing strategy to shape the technological landscape of the region.
Globant, a leader in digital transformation, is committed to revolutionizing businesses through innovative technological solutions. The inauguration of this new hub demonstrates their confidence in Saudi Arabia’s potential and their long-term investment in the Middle East market. According to Martín Migoya, Globant’s Co-founder and CEO, the center is not merely a facility but a vital part of Saudi Arabia's broader narrative of economic and technological reinvention.
With the rapid growth of the digital transformation market in the Middle East, Globant is strategically positioned to leverage the burgeoning demand for IT services. Recent reports indicate that IT spending in the region is expected to surge, with Saudi Arabia projected to see IT service spending grow at a compound annual growth rate of 9.0% from 2022 to 2027. In this context, Globant's presence is crucial for fostering local talent and facilitating technological innovation.
The new headquarters aims to cultivate local IT professionals by providing training in advanced AI skills, thus preparing graduates to manage automated workflows across various sectors including Media, Travel, Financial Services, and Gaming. This initiative not only highlights Globant's commitment to nurturing local expertise but also serves as a bridge for exporting local talent to global markets, reinforcing Riyadh's position as a future technological hub.
Federico Pienovi, CEO of New Markets at Globant, expressed enthusiasm about the new hub's potential, stating it will bolster their ability to support organizations across the region with their advancements in AI, data, and cloud solutions.
In line with its futuristic vision, Globant’s new HQ in Riyadh houses a unique feature – the