Globant (NYSE:GLOB) is one of the most undervalued technology stocks to buy according to analysts. On September 30, Globant announced a multi-year Strategic Collaboration Agreement/SCA with Amazon Web Services/AWS. The agreement expands upon the collaboration between the two companies, which has been in place for more than a decade, beginning in 2011.
The SCA is designed to provide clients globally with enhanced support for cloud migrations, acceleration of GenAI adoption, and the development of industry-specific solutions. Through the expanded partnership, Globant will use AWS services to support digital transformation initiatives across multiple industries, with a specific focus on Media & Entertainment, Gaming, Sports/MEGS, Banking & Financial Services/BFSI, Travel & Hospitality, and Automotive.
The collaboration aims to help businesses modernize their operations, improve customer experiences, and utilize GenAI capabilities. The long-standing relationship has already delivered advanced cloud solutions to various industries, including FSI and MEGS, with notable customers like Formula 1.
Globant provides a range of technology services worldwide. For instance, the company offers studio products comprising AI Studios Network, Globant GUT Network to connect brands to end-consumers through marketing, Digital Evolution Network, and Enterprise Network.
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This article is originally published at Insider Monkey.
