Globant Named 'Cool Vendor' by Leading Analyst Firm

Vendors selected for the 'Cool Vendor' report are innovative, impactful and intriguing

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May 05, 2010, 09:00 ET

BUENOS AIRES, Argentina, May 5 /PRNewswire/ -- Globant, leader in the creation of innovative software products that appeal to global audiences, today announced that it has been included in the list of "Cool Vendors" in the Cool Vendors in Business Process Services 2010(1) report by Gartner, Inc.

As described in the report, "Cool vendors in business process services are focused on developing high-impact offerings." Gartner´s report includes four examples of vendors that are making the most of new technologies, business concepts and service delivery models.

"We consider our inclusion in the Cool Vendor report by Gartner confirmation of the quality of our work," stated Martin Migoya, Globant CEO and co-founder. "We are extremely proud of the accomplishments that the team is achieving, offering engineering and innovation in every software product we build. We aim to keep on delivering the best for our customers."

Gartner analysts specializing in IT services and business process services have drawn on the depth and breadth of their knowledge and expertise to identify and evaluate less well known emerging vendors.

About Globant

Globant is one of the international leaders in the creation of innovative software products that appeal to global audiences. Globant combines a rational blend of Open-Source with proprietary software, which brings flexibility, mitigates risk and ultimately reduces costs. Globant's proprietary SmartStaffing Technology(TM) yields high performance teams that enable companies to quickly develop their software products and gain an edge in the competitive landscape with the lowest total cost. Globant is a privately held, privately funded company headquartered in Buenos Aires, Argentina with offices in Tandil, Cordoba, Rosario and La Plata in Argentina, Palo Alto, Austin and Boston in the United States, Mexico City, Bogota, Santiago de Chile and London. For more information, visit www.globant.com, www.globant.com/lookfurther

About Gartner's Cool Vendors Selection Process

Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

(1) Gartner "Cool Vendors in Business Process Services, 2010" by Cathy Tornbohm, Frances Karamouzis, Alex Soejarto, 31 March 2010

SOURCE Globant