Walt Disney's GCC triggers revenue risk for Globant

Walt Disney Co.'s expected technology centre in Bengaluru raises questions over up to 9% of information technology (IT) outsourcer Globant S.A.'s revenue, underscoring a troubling shift in the software services sector as large clients bring back-end work in-house.

- Jas Bardia

Walt Disney's GCC will be 'an integrated extension of global product and technology teams', per its spokesperson.

(REUTERS)

The entertainment giant's global capability centre (GCC) in Bengaluru will be "an integrated extension of global product and technology teams", its spokesperson said in an emailed response to Mint. In January, the company behind Mickey Mouse and Peter Pan to Spider-Man reportedly leased 174,000 sq. ft of land in the city's Bellandur area.

For Luxembourg-based Globant, which counts India as one of its largest employee hubs, Walt Disney has been its largest client since 2012, contributing $214 million, or 9%, of its $2.46 billion in revenue in 2025.

The risk for Globant mirrors concerns among the world's top information technology (IT) service providers about losing revenue from top clients when automation tools are already eating into their core businesses. Traditionally, large companies would outsource much of their tech work to IT services providers. Now, they are setting up centres and hiring teams of engineers to manage back-end work in-house.