CGI Group
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| Type | Public |
|---|---|
| Traded as | TSX: GIB.A NYSE: GIB |
| Industry | Banking, Credit unions, Distribution, Government, Healthcare, Insurance, Manufacturing, Oil and gas, Retail, Wealth management, Telecommunications, Utilities |
| Founded | June 1976 |
| Founder(s) | Serge Godin and André Imbeau |
| Headquarters | Montreal, Quebec, Canada |
| Number of locations | 125+ |
| Area served | Worldwide |
| Key people | Serge Godin Founder and Executive Chairman of the Board, Michael E. Roach President and CEO |
| Services | Systems integration and consulting, Managed application services, Infrastructure service, Business process services |
| Revenue |  CAD$3.7B (2010) |
| Total assets | CAD$4.61B (2010) |
| Total equity | CAD$2.15B (2010) |
| Employees | 31,000 (2010)[1] |
| Website | CGI.com |
CGI Group Inc. (TSX: GIB.A, NYSE: GIB) is an information technology (IT) management and business process services (BPS) company. Founded in 1976 and headquartered in Montreal, Canada, CGI employs approximately 31,000 professionals in over 125 offices in 16 countries. As of September 2010, CGI had an annual revenue of CA $3.7 billion with an order backlog of CA $13.3 billion. 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."[2] CGI is part of the Forbes Global 2000, an annual ranking of the top 2000 public companies in the world.[3]
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[edit] 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]
[edit] Services
CGI provides end-to-end IT and business process services, such as:
- Application Management
- Business Process Services
- Infrastructure Management
- Systems integration and consulting
- Technology Management
[edit] Markets
CGI sells its software to various industries, which include:
- Banking
- Credit Unions
- Distribution
- Government
- Health care
- Insurance
- Manufacturing
- Oil and Gas
- Retail
- Telecommunications
- Utilities
- Wealth management
- Financial Services
[edit] 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]
[edit] References
- ^ "Company Profile for CGI Group Inc (GIB)". http://zenobank.com/index.php?symbol=GIB&page=quotesearch. Retrieved 2008-10-07.
- ^ Integrating into CGI
- ^ The Global 2000
- ^ 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
[edit] External links
- www.cgi.com
- Company profile for CGI Group Incl (GIB) Retrieved 2008-10-07
