PUBLISHER: IDC | PRODUCT CODE: 1830021
PUBLISHER: IDC | PRODUCT CODE: 1830021
This IDC Market Note looks at Globant's 2025 first-half results that showed total revenue up 5.8% in top-line terms to $1.2 billion versus 19.4% growth in 1H24. It expects just revenue growth of 1.2% for calendar 2025. Globant was hit by factors affecting most vendors, including macroeconomic and political headwinds, and caution among clients that are currently assessing potentially expensive and risky enterprisewide rollouts of new AI technologies. However, Globant remains differentiated and AI focused and is well placed to help clients plan and implement the deployment of AI across the enterprise.