Globant is planting its foot in Canada with the opening of a delivery center in Toronto.
The Argentinean IT firm plans to invest US$20 million in Canada, where it will recruit 200 professionals over the next 3 years.
“We have experienced explosive growth in the United States over the last few years […] Now, we believe it’s time for our company to expand to another key part of North America: Canada,” said Fernando Matzkin, Chief Business Officer at Globant.
We expanded our presence in North America by opening a new office in Toronto to help more companies across different industries to reinvent themselves! Over the next three years we will create 200 new tech jobs!
— Globant (@Globant) June 24, 2022
Globant officials attributed the Canadian expansion to the company’s strong growth in the neighboring United States. In spite of what the Argentinean firm has said, analysts see it aiming to exploit the benefits offered by the US-Mexico-Canada Agreeement (known also as USMCA), which seeks tighter trade integration in the North American region.
Globant runs seven delivery centers in the US and three in Mexico. Thanks to Canada’s red carpet welcome for global technology talent, Toronto has grown to compete with US tech hubs such as San Francisco. Reports say that the Toronto-Waterloo corridor is home to more than 300,000 tech workers.
Globant is looking to hire Canadian professionals with expertise in artificial intelligence (AI), machine learning, gaming, data analytics and blockchain.