Why Cgi Company

In the 1970s, CGI expanded and continued to focus on the information technology (IT) services market[2] and quickly began offering systems integration in addition to consulting. [10] In the late 1970s, however, the systems integration market began to shift to outsourcing, with CGI also responding by diversifying into IT outsourcing. [2] The company has also been awarded a number of government contracts, and the UK Ministry of Defence called on CGI around 1980 to act as a systems integrator, among other things. [11] CGI`s annual revenues were $25 million in 1986 and in that year the company began acquiring a number of small IT services companies. CGI went public with an initial public offering (IPO) to finance acquisitions[2] and in the late 1980s, CGI continued to expand, acquiring several business process management services (BPS) companies and expanding beyond Canada. [2] CGI Inc., also known as CGI Global Inc., is a Canadian multinational IT consulting and systems integration company headquartered in Montreal, Quebec, Canada. It offers a number of different products, including secure cloud computing, designed to facilitate the exchange of information and data. CGI has a market value of $21.8 billion, making it one of the 30 largest companies in Canada. The company went public in 1986 with a primary listing on the Toronto Stock Exchange. [2] CGI is also included in the S&P/TSX 60 Index and is listed on the New York Stock Exchange. Starting in 2022, CGI will operate in forty countries and have approximately 400 offices in Canada and India.

[3] Until 2014, CGI had been working with the European space industry for years to develop software to support the missions of more than 200 individual satellites. CGI also signed a contract with the Dutch National Police in March 2017 to create a digital platform for community policing. [103] In April 2017, CGI began operating the IT system for the UK water and wastewater market. [104] In the same month, Bisnode, a Swedish data services company, and Aerojet Rocketdyne, an aerospace company, retained CGI to manage their IT systems. [105] [106] In May 2017, CGI was awarded a $43 million contract by the City of Los Angeles[107] and a multi-state collaboration agreement to offer a SaaS platform for enterprise resource planning. [108] In June 2017, SEB, a Swedish financial services group, decided to implement CGI`s transactional platform. [109] The following month, CGI was awarded a $68 million contract by the Los Angeles County Bureau of Education. [110] In addition, in July 2017, CGI was awarded four contracts totalling $92.5 million to provide services in the United States. Army Aviation and Missile Command Program. [111] In October 2017, CGI was awarded another $37.4 billion contract with the U.S.

military. [112] The City of Glasgow awarded an IT contract to CGI in November 2017. [113] In January 2003, CGI acquired the Canadian technology company Cognicase for $221 million[21] and by the end of 2003, CGI had annual sales of $1.85 billion. [22] In May 2004,[23] CGI purchased the majority of American Management Systems (AMS) for $858 million,[20] acquired the business divisions and all non-national defence government operations.