Globant S.A. Establishes Regional Headquarters in Riyadh, Enhancing Digital Transformation in the Middle East
- Globant S.A. establishes its first regional headquarters in Riyadh, enhancing its digital presence in the Middle East.
- The new facility will serve as a Center of Excellence, training local IT professionals in advanced AI skills.
- Globant reports 84.4% revenue growth in the Middle East, positioning itself to influence the region's digital economy.
Globant Expands Digital Footprint in the Middle East with New Headquarters in Riyadh
Globant S.A., a prominent global player in digital transformation, solidifies its commitment to the Middle East by establishing its first regional headquarters in Riyadh, Saudi Arabia. This strategic move comes less than three years after the company entered the Middle Eastern market and is part of an ambitious expansion strategy aimed at positioning Globant as a leader in digital innovation within the region. The headquarters not only represents a significant investment in Saudi Arabia’s burgeoning digital landscape but also reflects Globant's vision to harness local talent and integrate advanced technologies, particularly in artificial intelligence (AI), across various industries.
The new facility is set to function as a Center of Excellence, where Globant plans to train local IT professionals in cutting-edge AI skills. This initiative aims to foster the development of agentic workflows tailored for key sectors such as Media and Entertainment, Financial Services, and Gaming. Co-founder and CEO Martín Migoya emphasizes the importance of local talent in driving economic transformation, expressing excitement about contributing to the Kingdom’s reinvention narrative. As digital transformation accelerates in the Middle East, Globant aims to leverage its expertise in AI, data, and cloud technologies to support organizations and enhance innovative capacities within the region.
Globant's expansion in Saudi Arabia comes at a time when the digital transformation market is experiencing significant growth. The company has reported an impressive 84.4% year-over-year revenue growth in the Middle East and Asia-Pacific for Q1 2025, indicating a robust demand for IT services. Furthermore, industry forecasts from Gartner and IDC highlight an optimistic future for IT spending in the MENA region, with projected increases reaching $230.7 billion by 2025 and a compound annual growth rate of 9.0% in Saudi Arabia’s IT services spending, ultimately totaling $6.4 billion by 2027. This backdrop positions Globant to play a pivotal role in shaping the region's digital economy while exporting local talent and best practices to global markets.
In addition to its ambitious training initiatives, Globant's partnerships with major Giga-projects in the area further reaffirm its commitment to the Kingdom's economic transformation. The company’s strategic focus on AI-driven innovation aligns with the broader trends observed in the region, where an increasing number of businesses are recognizing the necessity of digital transformation to remain competitive. As Globant continues to expand its operations, it not only enhances its local presence but also reinforces its potential to influence the global digital landscape.
