GlobalLogic Recognized as a Leader in Everest Group's Key Verticals, Value Chain Elements, and Nearshore Delivery Software Product Engineering Services PEAK Matrix® Assessment 2024

SANTA CLARA, Calif. – December 10, 2024 – GlobalLogic, a Hitachi group company, today announced its recognition as a Leader in eight categories of Everest Group's “Key Verticals, Value Chain Elements, and Nearshore Delivery Software Product Engineering Services PEAK Matrix® Assessment 2024." This prestigious recognition further solidifies GlobalLogic's position as a leading provider of innovative software engineering services globally. The assessment evaluates service providers' overall and vertical-specific capabilities, market impact, and enterprise sourcing considerations within the software product engineering landscape. The eight Peak Matrices where GlobalLogic received a Leader recognition include Software Operations; Latin America; Central and Eastern Europe; Banking, Financial Services and Insurance; Healthcare; Retail; Independent Software Vendors; and Media and Entertainment.

Everest Group notes that Leaders in this space demonstrate the ability to consolidate engagements across the software value chain, maintain strong growth momentum, and invest strategically in areas like automation, monitoring, and support. This achievement highlights GlobalLogic's industry-leading capabilities in designing new digital experiences and developing digital products that drive tangible business outcomes for clients. By combining deep vertical expertise, strategic design solutions, and complex engineering capabilities, GlobalLogic helps clients create new revenue streams and navigate the complexities of intelligent digital transformation.

GlobalLogic's leadership position is further reinforced by its strategic partnerships with industry leaders. These partnerships allow GlobalLogic to leverage cutting-edge technologies such as generative AI, cloud computing, and data warehousing to deliver innovative solutions that address key market trends and client challenges. GlobalLogic also continues to invest in next-generation Centers of Excellence (CoEs) focused on Performance, Intelligent Process Automation, and Generative AI, ensuring they remain at the forefront of technological advancements.

In addition to organic growth, GlobalLogic has made strategic acquisitions to further enhance its capabilities and expand its market reach, including Katzion (automotive solutions), Sidero (modernization and cloud-native expertise), Hexacta (software development and data engineering), Fortech (digital engineering services) and Mobiveil (specialized embedded engineering). These investments, along with these key partnerships, enable GlobalLogic to offer a comprehensive suite of solutions and services that address the evolving needs of enterprises. The company has also developed niche intellectual property, including AI-based virtual assistants and Natural Language Processing-based error classification, to further strengthen its capabilities.

Software Operations

GlobalLogic’s leadership position highlights its strengths in designing new digital experiences, developing cutting-edge digital products, and driving client revenue growth. As a recognized Leader, GlobalLogic joins a select group of engineering service providers distinguished by their diverse capabilities, long-standing client relationships, and robust growth. 

Notable engagements include:

  • Leading an ad-tech firm to modernize its demand-side platform, resulting in significant improvements in performance, scalability, and user experience. The project encompassed UI modernization, implementation of cookie-less advertising solutions, QPS reduction for optimized efficiency, and migration to a modern, cloud-native architecture using Kubernetes and Ethos.
  • Partnering with a major US tech firm to enhance real-time incident creation and monitoring for their transit analytics tools. By leveraging advanced monitoring techniques, including analyzing social media and relevant websites every 10-15 minutes, GlobalLogic enabled the client to proactively alert users about service disruptions, significantly improving reliability and customer satisfaction.

“GlobalLogic has been recognized as a Leader in the Operations-specific Software Product Engineering Services PEAK Matrix® Assessment 2024. It has demonstrated strong revenue growth in its software operations services portfolio, driven by large engagement wins,” says Mayank Maria, Vice President at Everest Group. “The firm has robust service offerings around both performance monitoring and issue remediation phases and lays strong emphasis on emerging themes such as observability and AIOps. GlobalLogic’s software operations clients appreciate its strong technical capabilities, quick team ramp-up – particularly across offshore locations – and effective relationship management practices.”

“We’re pleased to be recognized as a Leader by Everest Group in the Operations-specific Software Product Engineering Services PEAK Matrix,” said Sumit Sood, COO and Head of Engineering at GlobalLogic. “This acknowledgment, especially in the area of emerging themes around AI, speaks to our commitment to delivering innovative software operations solutions for our clients globally. We’re dedicated to continuing to evolve and strengthen our intelligent engineering capabilities to offer improved next-generation solutions and services for enterprises.”

Latin American Excellence

GlobalLogic’s leadership position in Latin America highlights its strengths in designing new digital experiences, developing cutting-edge digital products, and driving client revenue growth in the region. As a recognized Leader, GlobalLogic joins a select group of engineering service providers distinguished by their diverse capabilities, robust growth, and strategic investments in the LATAM market. Everest Group notes that Leaders leverage key locations like Mexico, Brazil, Costa Rica, Colombia and Argentina to serve clients across the Americas and Western Europe, with Mexico being a top choice providing clients with access to top talent, optimal time zones, and cost-effective solutions.

GlobalLogic’s LATAM delivery centers are key hubs for software development, quality engineering, robotic process automation, user experience and user interface design, and more. The company’s commitment to the LATAM market is further strengthened by its strategic partnerships with key technology leaders. Collaborations with hyperscalers are driving modernization and accelerating cloud adoption for clients across Latin America, leveraging the power of generative AI. Partnerships with enterprise software companies further enhance GlobalLogic’s ability to deliver comprehensive solutions that address the unique needs of businesses in the region.

Notable engagements include:

  • Integrating legacy products and services as well as new product development, for a North American Banking, Financial Services, and Insurance (BFSI) firm following an acquisition. GlobalLogic’s distributed teams (Argentina, Boston, New York, London, and New Delhi) provided product engineering services and 24/7 support to ensure smooth integration, and business continuity, and minimize downtime.
  • Developing a cross-platform native mobile banking app for a leading BFSI enterprise using Appcelerator Titanium. This approach reduced development time by 60%, accelerated deployment, and ensured a seamless user experience across iOS and Android through frequent client interaction and Agile methodologies.

“GlobalLogic has established a strong delivery footprint within Latin America, especially across Argentina and Mexico, offering geographic proximity and time zone advantages to North American clients. Its recent acquisition of Hexacta has elevated its LATAM delivery capabilities along with its technical expertise in themes such as data and analytics and cloud engineering,” says Mayank Maria, Vice President at Everest Group. “All these factors have contributed to GlobalLogic emerging as a Leader in Everest Group’s LATAM-specific Software Product Engineering Services PEAK Matrix® Assessment 2024.”

“We’re pleased to be recognized as a Leader by Everest Group in the LATAM-specific Software Product Engineering Services PEAK Matrix,” said Juan Navarro, Vice President and Head of LATAM at GlobalLogic. “This acknowledgment speaks to our commitment to providing clients with nearshoring capabilities to deliver innovative software operations solutions for our clients across the United States. LATAM provides access to top talent markets, as well as opportunities for better collaboration across time zones and cost-savings, and we’re dedicated to continuing to strengthen our presence in the region.”

Central and Eastern Europe

This prestigious recognition underscores GlobalLogic’s commitment to delivering innovative software engineering solutions for global clients out of Central and Eastern Europe in key sectors.

Notable engagements include:

  • Aiding a mid-sized media and entertainment enterprise in developing its next-generation video streaming platform, focusing on mobile application development and machine learning (ML) integration. GlobalLogic’s Ukraine team led the development of foundational components and a proof of concept, leveraging ML and mobile expertise to fill critical technological gaps and collaborating closely with the client’s engineering team to accelerate innovation, and enhance product quality and time-to-market.
  • Empowering a mid-sized BFSI enterprise in rebuilding its cloud-based electronic payment system, handling full-cycle development from mobile features to backend and user interface (UI) / user experience (UX) optimization. The Poland-based team’s payments expertise enhanced product quality, expanded scope, and reduced time-to-market. Over six years, the team grew from 30 to 100 full-time employees, deepening their expertise in payments and US financial operations, and driving further client success.

“GlobalLogic has been recognized as a Leader in Everest Group’s Central and Eastern Europe-specific Software Product Engineering Services PEAK Matrix® Assessment 2024. It boasts a strong delivery presence in the region with a widespread resource base across Romania, Poland, Ukraine, and Slovakia,” says Mayank Maria, Vice President at Everest Group. “The firm has further bolstered its delivery capabilities in the region, particularly in Romania, through the recent acquisition of Fortech, which has also helped it to gain access to European clients.”

“We’re pleased to be recognized as a Leader by Everest Group in the CEE-specific Software Product Engineering Services PEAK Matrix,” said Igor Byeda, Group Vice President and Head of Europe at GlobalLogic. “This acknowledgment speaks to our commitment to comprehensive CEE support of global clients in key sectors such as automotive, healthcare, manufacturing, BFSI, and hi-tech to deliver comprehensive digital engineering services and next-gen offerings. We’re dedicated to continuing to strengthen our position in the CEE region.”

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. 

Media Contact 

Allison Lucas
Corporate Communications GlobalLogic
allison.lucas@globallogic.com

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