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On August 5, 2024
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[1]
CGI recognized as a Major Player for Worldwide Cloud Professional Services in IDC MarketScape Report
MONTRÉAL, Aug. 5, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been named a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment*. CGI's key strengths in cloud are in its ability to partner with clients to co-create, deliver and manage innovative cloud-based digital business solutions at pace and scale. "CGI has tightly bound its cloud professional and managed services businesses over the past few years to enable clients to more successfully transform into digital businesses," said Gard Little, Research Vice President at IDC. "CGI heavily leverages its global alliances with all the major hyperscalers in partnering with its clients. This approach enables, what CGI believes, are the six cloud imperatives to become adaptive, resilient, and future-proofed: cloud strategy, portfolio rationalization, innovation, integration, outcomes-focused delivery, and operational excellence." According to the IDC MarketScape, "CGI's strengths are the company's next-generation tools and methodologies and helping clients justify their cloud professional services expenditures. CGI also exhibited to IDC a well-articulated plan for customer retention and for growing revenue per employee in the near term." "We believe this recognition by IDC MarketScape highlights CGI's comprehensive cloud professional services, which are essential for enabling clients to drive business agility and innovation within their digital strategies," said Mayank Bhargava, Vice President and Cloud Modernization Practice Leader in CGI's U.S. operations. "According to CGI's most recent annual global proprietary research, CXOs and their direct reports plan to significantly increase cloud migration and application modernization over the next two years, with a strong focus on enabling AI capabilities. This shift necessitates that organizations accelerate and future-proof their digital journeys through enhanced and strategic use of the cloud, which is pivotal for AI integration," continues Mayank Bhargava. "As a pioneer in cloud services, CGI offers a deep and broad portfolio of services and solutions designed to help our clients adapt to constantly evolving market realities, thereby accelerating the business outcomes they expect from their technology investments." About IDC MarketScape IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers. About CGI Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organisations and accelerate results. CGI Fiscal 2023 reported revenue is CA$14.30 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com. * IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment (#US51406224), June 2024
[2]
CGI recognized as a Major Player for Worldwide Cloud Professional Services in IDC MarketScape Report By Investing.com
MONTRÉAL, Aug. 5, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting firms, has been named a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment. CGI's key strengths in cloud are in its ability to partner with clients to co-create, deliver and manage innovative cloud-based digital business solutions at pace and scale. "CGI has tightly bound its cloud professional and managed services businesses over the past few years to enable clients to more successfully transform into digital businesses," said Gard Little, Research Vice President at IDC. "CGI heavily leverages its global alliances with all the major hyperscalers in partnering with its clients. This approach enables, what CGI believes, are the six cloud imperatives to become adaptive, resilient, and future-proofed: cloud strategy, portfolio rationalization, innovation, integration, outcomes-focused delivery, and operational excellence." According to the IDC MarketScape, "CGI's strengths are the company's next-generation tools and methodologies and helping clients justify their cloud professional services expenditures. CGI also exhibited to IDC a well-articulated plan for customer retention and for growing revenue per employee in the near term." "We believe this recognition by IDC MarketScape highlights CGI's comprehensive cloud professional services, which are essential for enabling clients to drive business agility and innovation within their digital strategies," said Mayank Bhargava, Vice President and Cloud Modernization Practice Leader in CGI's U.S. operations. "According to CGI's most recent annual global proprietary research, CXOs and their direct reports plan to significantly increase cloud migration and application modernization over the next two years, with a strong focus on enabling AI capabilities. This shift necessitates that organizations accelerate and future-proof their digital journeys through enhanced and strategic use of the cloud, which is pivotal for AI integration," continues Mayank Bhargava. "As a pioneer in cloud services, CGI offers a deep and broad portfolio of services and solutions designed to help our clients adapt to constantly evolving market realities, thereby accelerating the business outcomes they expect from their technology investments." About IDC MarketScape IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers. About CGI Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organisations and accelerate results. CGI Fiscal 2023 reported revenue is CA$14.30 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com. IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment (#US51406224), June 2024
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CGI, a global IT and business consulting services firm, has been named a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2023 Vendor Assessment. The recognition highlights CGI's strong capabilities in cloud services and its impact on digital transformation.
CGI, a leading IT and business consulting services firm, has achieved a significant milestone in the cloud services industry. The company has been recognized as a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services 2023 Vendor Assessment 1. This recognition underscores CGI's strong capabilities and strategic positioning in the rapidly evolving cloud services market.
The IDC MarketScape report highlights CGI's comprehensive portfolio of cloud services, which includes cloud advisory, migration, and managed services 2. These services are designed to support clients throughout their cloud adoption journey, from initial strategy development to ongoing management and optimization of cloud environments.
One of the key factors contributing to CGI's recognition is its client-centric approach. The company leverages its deep industry expertise to deliver tailored cloud solutions that address specific business challenges across various sectors [1]. This approach enables CGI to provide more targeted and effective cloud services, ultimately driving better outcomes for its clients.
CGI's global presence, combined with its local market insights, has been identified as a significant strength in the IDC MarketScape report [2]. The company's ability to blend global best practices with local market knowledge allows it to deliver cloud solutions that are both innovative and culturally aligned with client needs.
The report emphasizes CGI's role in supporting clients' digital transformation initiatives through its cloud services [1]. By leveraging cloud technologies, CGI helps organizations modernize their IT infrastructure, enhance operational efficiency, and drive innovation across their business processes.
CGI's commitment to continuous innovation in cloud services is evident in its ongoing investments in research and development. The company regularly updates its service offerings to incorporate emerging technologies and best practices in cloud computing [2], ensuring that its clients have access to cutting-edge solutions.
The Major Player recognition from IDC MarketScape is a testament to CGI's strong market position and client satisfaction. It reflects the company's ability to deliver high-quality cloud professional services that meet the evolving needs of businesses in an increasingly digital world [1].
CGI, a leading IT and business consulting services firm, has been positioned as a Major Player in the IDC MarketScape: Worldwide Business Consulting Services 2023 Vendor Assessment. This recognition highlights CGI's strong capabilities in delivering business consulting services globally.
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CGI, a global IT and business consulting services firm, has announced its third quarter fiscal 2024 results, showcasing significant growth in revenue, earnings, and cash flow. The company's performance reflects its successful execution of its Build and Buy strategy.
2 Sources
U.S. federal agencies are pushing forward with hybrid cloud strategies, balancing modernization efforts with tight budgets. A new ISG report highlights the challenges and opportunities in this digital transformation journey.
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CGI, a global IT and business consulting services firm, has introduced its Agile Catalyst framework to help U.S. federal agencies accelerate their digital transformation efforts and improve service delivery.
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Recent reports highlight the growing trend of hybrid cloud adoption in the UK and Asia-Pacific regions. Companies are leveraging these diverse cloud environments to address security concerns, ensure compliance, and enable innovative IT strategies.
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