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MONTREAL, August 5, 2024 /CNW/ – CGI (TSX: GIB.A) (NYSE: GIB), one of the largest IT and management consulting services companies in the world, has been recognized in the “Major Player” category of IDC MarketScape’s 2024 global assessment of professional cloud services providers*. CGI’s major strengths in the cloud space lie in its ability to partner with clients to co-create, deliver, and manage innovative cloud-based digital business solutions at the scale and pace required.
“CGI has closely linked its professional cloud services and managed services in recent years to enable its clients to succeed in their digital transformation,” said Gard Little, vice president of research at IDC. CGI greatly leverages its global alliances with all major large-scale providers to establish partnerships with its clients. This approach facilitates, according to CGI, the six cloud imperatives to become adaptable, resilient, and future-proof: cloud strategy, portfolio rationalization, innovation, integration, outcome-oriented delivery, and operational excellence.”
According to the IDC MarketScape report, “CGI’s strengths are its next-generation tools and methodologies and its ability to help clients justify their spending on professional cloud services. CGI also presented IDC with a well-structured plan to drive client retention and revenue growth per employee in the short term.”
“We believe that this recognition by IDC MarketScape highlights CGI’s comprehensive professional cloud services, which are essential for enabling clients to foster business agility and innovation as part of their digital strategies,” said Mayank Bhargava, vice president and head of cloud modernization practice at CGI in the United States.
“According to CGI’s latest annual global exclusive research, senior executives and their direct reports are planning to significantly increase cloud migration and application modernization over the next two years to accelerate the implementation of AI,” Mr. Bhargava continued. This shift requires organizations to accelerate and sustain their digital journeys through improved and strategic use of the cloud, which is essential for integrating AI. As a pioneer in cloud services, CGI provides a vast portfolio of services and solutions designed to help its clients adapt to the realities of the ever-evolving market, thereby accelerating the business outcomes they expect from their technology investments.”
About IDC MarketScape
The IDC MarketScape vendor assessment model is designed to provide a framework for assessing the competitive capabilities of technology and service providers in a given market. The research uses a rigorous scoring method based on both qualitative and quantitative criteria that result in a unique graphical representation of each vendor’s position in its market. IDC MarketScape provides a definitive framework for comparing product and service offerings, capabilities, and strategies, as well as the current and future success factors of technology and service providers. This structure also offers technology buyers a comprehensive assessment of the strengths and weaknesses of both current and potential providers.
About CGI
Founded in 1976, CGI is one of the largest independent IT and management consulting services companies in the world. CGI has 90,000 consultants and other professionals located around the world, through which the company delivers a comprehensive portfolio of services and solutions: management and IT strategy consulting, systems integration, IT and business process management services, and intellectual property solutions. CGI collaborates with its clients based on a locally focused relationship model, combined with a global delivery network, enabling clients to achieve their organization’s digital transformation and accelerate results. In fiscal year 2023, CGI generated revenue of CAD 14.30 billion. CGI’s shares are listed on the Toronto Stock Exchange (GIB.A) as well as on the New York Stock Exchange (GIB). Learn more at cgi.com.
*IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment (US51406224), June 2024
SOURCE CGI Inc.
For more information: Investors, Kevin Linder, Senior Vice President, Investor Relations, [email protected], +1 905-973-8363; Global Media, Andrée-Anne Pelletier, Head of Division, Media Relations, [email protected], +1 438-468-9118
