- Globant (GLOB, Financial) and YPF have signed a Memorandum of Understanding to drive YPF's digital transformation using AI.
- The collaboration aims to enhance YPF's supply chain, which includes 5,000 suppliers and 100,000 products and services.
- This initiative supports YPF's "Plan 4x4," targeting $30 billion in exports by 2030.
Globant (GLOB), a leader in innovative technology solutions, has entered into a strategic alliance with YPF, Argentina's top energy company and a major global shale oil operator outside the United States. The primary focus is to advance YPF's digital transformation by leveraging artificial intelligence.
This partnership is centered on modernizing YPF's extensive Supply Chain operations that currently engage around 5,000 suppliers and manage over 100,000 products and services. By implementing state-of-the-art AI-powered tools, the collaboration aims to develop an integrated operating model that continuously evolves, makes complex decisions, and adheres to company policies.
YPF, aiming to enhance its operational efficiency and global competitiveness, aligns this initiative with its ambitious "Plan 4x4," which targets achieving $30 billion in exports by 2030. The alliance with Globant is expected to reduce operational friction and scale capabilities across YPF's supply chain, thus supporting this significant business objective.
Horacio MarÃn, President and CEO of YPF, expressed confidence in Globant's expertise to transform their processes and enhance value chain management, reinforcing the company's competitive edge on a global scale. Meanwhile, MartÃn Migoya, Co-founder and CEO of Globant, highlighted the prestige and potential of collaborating with such a pivotal player in Argentina's energy sector.
