No, GlobalLogic is not a product based company. It is a service based business that establishes digital products on behalf of its clients rather than selling their software products.
GlobalLogic is a company that is engaged as a digital product engineering partner. It assists companies to design, develop, test and enhance software throughout the entire product life cycle. The firm generates revenue through offering its services and not by the sale of one owned product.
Quick Overview of GlobalLogic
| Details | Info |
| Founded | 2000 |
| Headquarters | San Jose, California, USA |
| Company Type | Private |
| Industry | Software development |
| CEO | Shashank Samant |
| Employees | 20,000+ |
| Revenue | USD $850M+ |
| Parent Company | Hitachi Group |
Company History
GlobalLogic was founded in 2000 as Induslogic. The company concentrated on software and product development services that are outsourced. In 2001 Peter Harrison joined the company as the CEO and increased its client base in the technology industry.
GlobalLogic came about after Induslogic amalgamated with Bonus Technology in 2006. The company has grown by using funds and also takeovers. It established delivery centers in India and Europe and has added competent engineering teams.
Between 2008 and 2013, GlobalLogic entered the new markets and bought software companies in the United States and Ukraine. In 2012 Shashank Samant was made the CEO and the board became aggressive with expansions globally.
The company established offices in Poland, Slovakia, and India between the years 2014 and 2021. It also took over companies that were in embedded systems and digital engineering.
Hitachi incorporated GlobalLogic in the year 2021 at a price of $9.6 billion. GlobalLogic was integrated into the Hitachi Group but retained its headquarters location in the United States and remained global.
Current Status
Now, GlobalLogic is a digital product engineering services company. It serves customers in sectors such as healthcare, finance, telecom, and automotive. The company provides a cloud engineering service, product design, and data services, and quality testing.
GlobalLogic never markets its own commercial software products. Rather it develops tailored products of startups and other big businesses. It is a long-term technology collaborator of numerous world brands.
Future Outlook
GlobalLogic will expand its position in the digital transformation and AI systems. The company wants to ensure more businesses modernize their software programming and introduce new digital products in less time.
As per the solid support of Hitachi, GlobalLogic is likely to have a stable growth in the world markets. It is expected to grow its engineering force and prioritize new technologies such as cloud, data, and connected systems.
