Right now we have named ten global accounts, probably we’re going to have 15 or 20 by the end of the year, we expect that. So, I think that is another way of approaching, how we are growing the account in Globant.
Maggie Nolan: Helpful. Thank you. And then when you think about the announcement that you put out there about the large investment in Latin America, including the hiring efforts, can you help me understand what strategically is different for you going forward, what you’re most excited about, how you’re going to approach this maybe differently than what you’ve been doing to expand in the region in the last several years?
Martin Migoya: Yeah, sure. We have been expanding, as you have seen operations all around the world, in Europe, in APAC, with a heavy presence now in Middle East. And we think it’s time to go back given the strategic importance and relevance that Latin America gain after certain events, international events, we believe it’s time to double down on Latin America. And that’s the simplest way of explaining that. Now the specifics of that is growing our Brazil operation, growing our delivery centers in many different countries in which we operate. We operate pretty much in all of them. So that, Maggie, is how you need to think about this. It’s a long-term investment, probably five, six, seven years in terms of developing talent, developing AI and expanding into the Latin American market.
Maggie Nolan: Thank you all. Nicely done.
Martin Migoya: Thank you very much, Maggie.
Patricia Pomies: Thank you, Maggie.
Arturo Langa: Thank you, Maggie. Our next question comes from Bryan Bergin from TD Cowen. Bryan, your line is open. Please go ahead.
Bryan Bergin: Hi all. It’s good to see you. I want to start on program types. So, if you can talk about the nature of client conversations now related to the theme of cost efficiency programs versus more of a growth-focused, certainly I hear a more constructive tone from you here. I’m curious, have you seen a notable pickup as it relates to inquiries around growth-oriented projects or if it’s still a little early for that?
Martin Migoya: Yeah. Sure, Bryan. Thank you so much for the question. We are seeing an evolution that is happening in terms of the quality of the projects. Before they were more oriented, they still are, but more oriented on the cost savings side. And now we’re seeing that picking up a lot on the digital space, on the Globant Create space in which we are providing AI projects connected to everything that you know is happening in the market. We are seeing evolution a lot in terms of how to integrate the offering of create with digital marketing, digital sales, digital branding performance into our main practices. So, we are happy to see that evolution, because for a long time, I would say, during the last five, six quarters, the predominant kind of projects were projects based on trying to become more efficient.
And now the focus still is that, but the addition of AI and everything that is happening of AI — with AI, and as we said in past quarters, this AI demand will still be picking up slowly. Corporations are slower than individuals to adopt technology given the whole restraints and much larger systems that they have. So, this thing will pick up, and we will see more of those interesting digital projects moving forward. But still, the cost saving kind of projects are there, and I think they will be there for some time.
Bryan Bergin: Okay, understood. And then —
Diego Tartara: I think just to add a little bit of color on that, I think we’re kind of in an intersection. The cost saving and operational efficiency, it is still in the conversation, but the approach to it has changed dramatically. Like, just as an example, within healthcare, we’re talking about telemedicine, which reduces the cost and brings better experience. But from a different perspective, it’s adding new technologies, it’s doing the long-term development. So, that is slowly starting to happen. And I think that’s the change we’ve been seeing during Q2.
