Argentine software firm Globant has expanded its operations to Peru with the launch of a delivery center in Lima. The Buenos Aires-based firm stated that the expansion not only bolsters its Latin American presence but also “decentralize(s) opportunities for the talent of the region.”
Globant, which listed its stock on the New York Stock Exchange earlier this year, is one of the most successful Argentine companies. It has employed about 3,000 engineers, developers, marketing specialists and designers in 21 offices across the world.
“We chose Peru due to the outstanding growth it has shown during the past years,” said Martín Umaran, Globant Chief of Staff and co-founder. “Lima has become a remarkable business center in the region. We see a growing amount of highly qualified professionals that are at the same level as the best professionals worldwide.”
It is not yet clear how many people Globant is going to hire in Peru. Most of its delivery centers are spread across South America, though the region accounts for less than 15% of its revenue.
According to its recent quarterly reports, Globant’s Chilean unit is raising more revenue than its units in Argentina, where it invested US$10 million earlier this year to launch a new delivery center.
One of the biggest information technology firms in the nearshore region, Globant is now focusing on developing software for the cloud and Big Data segments.
Globant CEO Martín Migoya stated that the company would keep expanding in the search of the best talent: “This center proves that world-class software products can be built by putting together global teams, and by understanding that geography today isn’t the predominant factor to take into account.”