CGI Group
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| Type | Public |
|---|---|
| Traded as | TSX: GIB.A NYSE: GIB |
| Industry | IT services, IT consulting |
| Founded | June 1976 |
| Founder(s) | Serge Godin and André Imbeau |
| Headquarters | Montreal, Quebec, Canada |
| Area served | Global |
| Key people | Serge Godin (Executive Chairman) Michael E. Roach (President and CEO) |
| Services | IT, business consulting and outsourcing services |
| Revenue | CAD$4.22 billion (2011) |
| Total assets | CAD$4.65 billion (2011) |
| Total equity | CAD$2.34 billion (2011) |
| Employees | 31,000 (2011)[1] |
| Website | www.cgi.com |
CGI Group Inc. (TSX: GIB.A, NYSE: GIB) is a Canadian provider of information technology (IT) consulting, systems integration, IT outsourcing and business solutions. Founded in 1976 and headquartered in Montreal, Canada, CGI employs approximately 31,000 professionals in over 125 offices in 16 countries. As of September 2011, CGI had an annual revenue of CAD$ 4.3 billion with an order backlog of CAD$13.5 billion. CGI is part of the Forbes Global 2000, an annual ranking of the top 2000 public companies in the world.[2]
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Name
CGI stands for "Conseillers en Gestion et Informatique" in French, or "Information Systems and Management Consultants," in English. However, the official English meaning is "Consultants to Government and Industry."[3]
History
Serge Godin founded CGI in 1976 in Montreal, Canada. In 2004, CGI purchased the majority of American Management Systems (AMS), acquiring the commercial business and all government business not related to national defense. In May 2010, CGI announced the acquisition of Stanley, Inc., for an enterprise value of approximately $1.07B.[4] In August 2010, CGI finalized the acquisition of Stanley.[5]
CGI is one of four primary Recovery Audit Contractors, established by the Tax Relief and Health Care Act of 2006, responsible for auditing region B.[6]
Services
CGI provides end-to-end IT and business process services, such as:
- Application Management
- Business Process Services
- Infrastructure Management
- Systems integration and consulting
- Cloud computing
Markets
Awards and recognition
- “CGI’s Donna Morea: Q1 2011 Looking Strong” by Katy Saulpaugh[7]
- CGI listed #14 within Bloomberg Businessweek’s “Tech Hot Growth Companies 2010"[8]
- “The Top 20 People to Watch in 2011” – CGI Federal President George Schindler listed[9]
- Contractor award winners announced – CGI Named 2010 Greater Washington U.S. Government Contractor of the Year[10]
References
- ^ "Company Profile for CGI Group Inc (GIB)". http://zenobank.com/index.php?symbol=GIB&page=quotesearch. Retrieved 2008-10-07.
- ^ The Global 2000
- ^ Integrating into CGI
- ^ CGI Group to acquire Stanley for $1.07bn
- ^ http://www.govconwire.com/2010/08/breaking-cgis-acquisition-of-stanley-finalized/
- ^ "Overview: Recovery Audit Contractor". Centers for Medicare and Medicaid Services. http://www.cms.gov/RAC/. Retrieved 26 February 2011.
- ^ ExecutiveBiz:January 2011
- ^ Bloomberg BusinessWeek: December 2010
- ^ ExecutiveBiz:December 2010
- ^ Washington Business Journal: November 2010
External links
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- Companies listed on the Toronto Stock Exchange
- International information technology consulting firms
- Information technology consulting firms
- Companies established in 1976
- Companies based in Montreal
- Management consulting firms
- S&P/TSX Composite Index
- Outsourcing companies
- ICT service providers
- Call centre companies