“Market Cap $9.59 B As of May 2014
At a Glance
- Industry: Computer Services
- Founded: 1976
- Country: Canada
- CEO: Michael Roach
- Website: www.cgi.com
- Employees: 68,000
- Sales: $9.9 B
- Headquarters: Montr?al
#974 Global 2000
- #963 in Sales
- #992 in Profit
- #1652 in Assets
- #1120 in Market value
CGI Group, Inc. provides information technology and business process solutions. The company operates through four segments: Canada, United States and India, Europe and Asia Pacific, and Global Infrastructure Services. Its services include systems integration and consulting, application management, technology management, and business process services. It also provides end to end information technology and business process services to clients in Canada, United States, Europe and Asia Pacific. The company was founded by Serge Godin and André Imbeau in June 1976 and is headquartered in Quebec, Canada.“
Since 1976, we have committed ourselves to being a partner, employer and investment of choice.
CGI was founded in 1976 by 26-year-old entrepreneurs Serge Godin and André Imbeau. The two started the company in the basement of Serge’s home with one client, one phone and a lot of ambition.
Today, there are 68,000 of us working across the globe. Together, CGI’s professionals have built one of the leading IT and business process services companies in the world with a long track record of service excellence and sustainable profitable growth.
In its first 10 years, CGI developed a strategy, model and set of management principles that led to significant growth and continue to guide the company to this day. During this period, the IT services market was in its infancy. CGI evolved from a consulting company to a consulting and systems integration company.
By the end of the decade, clients began to consider outsourcing their IT functions and, in response, CGI developed a strategy to enter the emerging outsourcing market.
In 1986, CGI began to acquire outsourcing companies and also became a public company to finance them.
Through these acquisitions, we were able to offer clients end-to-end IT services, including technology and management consulting, systems integration and IT outsourcing services.
During this period, we also moved into the business process services market and positioned ourselves for the emerging trend toward globalization.
By 1996, CGI’s clientele included world leaders in our targeted industries, and our focus was on building critical mass in key client geographies, gaining a deep knowledge of clients’ business sectors and developing specialized practices and innovative solutions.
With the IT industry rapidly maturing, and as globalization and consolidation increased, we focused on executing our “build and buy” growth strategy, expanding both through organic growth (“build”) and through acquisitions (“buy”)—a strategy that we follow to this day.
This decade marks a continued commitment to the fundamentals that help all of CGI’s stakeholders succeed, and the fulfillment of CGI’s strategic objective of doubling the size of the company.
In 2010, CGI acquired Stanley Inc., including Stanley’s subsidiary operations Oberon and Techrizon. The acquisition nearly doubled the size of CGI’s U.S. operations. In addition, the combination of talent and capabilities created further opportunity for growth in the key U.S. federal market.
Two years later, we made our largest acquisition to date, merging with the Anglo-Dutch business and technology services company Logica. The acquisition increased the size of our staff from 31,000 to 68,000 professionals and offered greater presence, service capabilities and expertise for our clients across the Americas, Europe and Asia. With this acquisition, we became the world’s fifth largest independent IT and business process services company.
Today, with a presence in 40 countries, strong expertise in all of our target markets and complete IT services, CGI is able to meet our clients’ business needs anywhere, anytime. We continue to strive to be recognized by clients, members and shareholders as a world class IT and business process services (BPS) leader. While remaining true to our Constitution, CGI continues to adapt to best respond to changes in the IT market, the local and global business climate of clients, and to our professionals’ and shareholders’ expectations.”
*Information from Forbes.com and Cgi.com
**Video published on YouTube by “CGIGroup“