GlobalLogic Recognized for Business Resilience by Forbes Magazine
Design-led Digital Engineering Leader Shares Perspective on What Makes a Company Resilient
SAN JOSE, Calif.—11/14/2022—GlobalLogic Inc., a Hitachi Group company and Digital Engineering leader, today announced it has been recognized for its business resilience by Forbes Magazine. The media outlet published a list of 30 cross-industry Ukrainian companies that were rated as most resilient to the challenges of a full-scale war. IT industry companies, including GlobalLogic, proved to be the most resilient according to the ranking. The company credits its Business Continuity Plan and deep commitment to its team for successfully developing its business in Ukraine throughout the past year.
The Forbes editors evaluated the companies using several criteria, including: the number of engineering specialists and open positions; the current state of the company compared to last year; revenue stability; future plans; etc. As of October, the productivity of the GlobalLogic Ukraine team has recovered to 97% of its pre-war level.
Since the beginning of the war, GlobalLogic became the only one of the three largest Ukrainian IT companies to grow its employee base. Currently, it has 300 open positions and plans to grow by an additional 1000 professionals in the country. Notably, GlobalLogic was recognized as one of the top three best IT employers in Ukraine according to students and received the HR brand Ukraine 2022 award.
People are the main business priority in difficult times
GlobalLogic implemented its Business Continuity Plan early, making it possible to stabilize the business and continue its growth. As part of this plan, the company committed heavily to two priorities: the safety and well-being of its team members, as well as the fulfillment of customer program obligations. GlobalLogic oversaw the evacuation of engineers and their families from the most dangerous regions and relocated them to the western part of Ukraine, while simultaneously securing their positions on customer projects. The company also ensured that comprehensive mental health and physical well-being resources were available to all individuals in need.
"GlobalLogic has held a well-designed Business Continuity Plan for more than 10 years. Care for our people is an integral part of it as people are the most important element of our company. The resilience and dedication of GlobalLogic engineers ultimately ensured the sustainability of the business,” commented GlobalLogic Vice President Anna Shcherbakova. “Specialists continue to work effectively even from bomb shelters while also managing to volunteer in their free time. Due to the individual contribution of each team member, all of our customer program releases were delivered on time, with some customers benefiting from program completion even earlier than expected.”
Technical support key to business continuity
Business continuity was made possible due to the uninterrupted access to electricity and the Internet. GlobalLogic proactively equipped offices with shelters; diesel generators and fuel; and several alternative Internet access methods that bypassed Russian Federation territories and Belarus.
In general, the IT industry became the only market in Ukraine that, despite the war, demonstrated 27% growth compared to last year. Notably, IT services amounted to nearly half (48%) of all exported services in Ukraine this year, having increased 16% since 2021. Based on this trajectory, it is likely that the IT industry will continue to be one of the key contributors to the Ukrainian economy.
About GlobalLogic
GlobalLogic (www.globallogic.com) is a leader in digital engineering. We help brands across the globe design and build innovative products, platforms, and digital experiences for the modern world. By integrating experience design, complex engineering, and data expertise – we help our clients imagine what’s possible and accelerate their transition into tomorrow’s digital businesses. Headquartered in Silicon Valley, GlobalLogic operates design studios and engineering centers around the world, extending our deep expertise to customers in the automotive, communications, financial services, healthcare and life sciences, manufacturing, media and entertainment, semiconductor, and technology industries. GlobalLogic is a Hitachi Group Company operating under Hitachi, Ltd. (TSE: 6501), which contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business.
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