CGI Group Inc. Strengths, Domain Expertise, and Key Differentiators
CGI Group provides solutions for payments transformation which allows banks to achieve their goals at a pace that is right for them while providing true business agility and making payment services more customer-centric. This is essential for responding to market drivers such as global, real-time initiatives, mobile payments, and data analytics.
CGI's, CACS Enterprise collections system helps you reduce operating expenses, delinquencies and write-offs while building profitable customer relationships and improving all aspects of your end-to-end collections and recovery operations.
CGI Advantage ERP is a powerful combination of modern technology and integrated business applications that are specifically built for government use. Because CGI Advantage ERP is highly configurable, it minimizes customization to reduce the total cost of ownership (TCO). CGI Collections360 is the comprehensive managed service approach to collections and debt management. It encompasses the management of software, business processes, underlying IT and planning into a single cohesive suite. CGI ProperPay solution and services for reducing claims fraud, waste and abuse (FWA) have helped Medicare, Medicaid, and commercial payers recover more than $2,8 billion in lost payments due to improper claims.
CGI Trade360 delivers all of the software, infrastructure and support resources necessary to power a bank's global trade business. Delivered as a software as a service (SaaS), CGI Trade360 enables banks to provide the full range of traditional trade, payables, receivables, and cash management services to their customers' anywhere, anytime on a single, integrated and global platform.
CGI Wealth360 is an end-to-end solutions suite that helps wealth managers anticipate change, offer creative options and increase efficiencies in managing their clients' investments by optimizing front-office sales, middle-office decision-making and back-office administration. The solution complies with GASB and GAAP and includes government-required functionality such as CAFR and CMIA processing to increase automation and information access.
CGI Group Inc. Recent Developments
In June 2018, CGI opened a software consulting and development centre in the Romanian capital Bucharest. The centre will be CGI's first incursion into emerging Europe. More than 300 people will be employed at the centre.
CGI Group Inc. Mergers and Acquisitions (M&A) Activities
In March 2020 CGI acquired TeraThink, leading information technology and management consulting firm providing digitization, enterprise finance, risk management, and data analytics services to the U.S. federal government.
This merger will strengthen CGI Federal’s consulting expertise, and expand its enterprise application development and management services. Combining TeraThink’s agile enablement, application development, and data analytics capabilities with CGI’s Federal’s breadth of IT services will enhance offerings available to federal agencies. This merger will significantly increase the scale of enterprise applications support CGI Federal provides to all three branches of government.
In May 2018, CGI acquired all of the outstanding shares of Facilité Informatique Canada Inc. (Facilité Informatique) for a purchase price of $42 million. Facilité Informatique was an IT consulting services firm in high-demand digital services across a wide range of industries with a strong local presence in Montréal and Québec City, headquartered in Montréal, Québec. This acquisition adds more than 350 professionals and annualized revenues of approximately $60 million to the Company.
CGI Group Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying CGI Group Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of CGI Group Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified CGI Advantage360, CGI Trade360 customers.
CGI Group Inc. Overview
Ownership: - GIB:NYSE
Number of Employees: 77500
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Consumer Packaged Goods, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Manufacturing, Oil and Gas, Retail, Transportation, Utilities,
CGI Group Inc. Key Enterprise and Cloud Applications
CGI Advantage360, CGI Trade360
CGI Group Inc. Revenues, $M:
|Type/Year||2018||2019||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
CGI Group Inc. Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
CGI Group Inc. Enterprise Applications Revenues By Functional Markets, $M:
CGI Group Inc. Enterprise Applications Revenues By Verticals, $M:
CGI Group Inc. Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
CGI Group Inc. Direct vs Indirect sales
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CGI Group Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of CGI Group Inc. Customers: 1000
No. of CGI Group Inc. Enterprise Applications Customers: 1000
No. of CGI Group Inc. Cloud Customers: x
No. of CGI Group Inc. Cloud Subscribers: x
Approximately 77500 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe, and the Asia Pacific, leveraging a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as 150 IP-based services and solutions.
Among CGI Group customers are 2,000+ government clients in 15 countries, 450+ electric, water and gas clients worldwide, as well as 8 of the 10 largest utilities in Europe and North America, 700+ manufacturing clients across a range of sectors and other.
CGI Group Inc. Market Opportunities, M&A and Geo Expansions
CGI Group acquired all outstanding shares of Computer Technology Solutions, Inc., a high-end IT consulting company focused on commercial markets, specialized in cloud, analytics and digital transformation, headquartered in Birmingham, Alabama; following the acquisition of eCommerce Systems, Inc., a high-end IT consulting company focused on commercial markets, specialized in cloud, analytics and digital transformation, headquartered in Denver, Colorado.
These companies increase CGI's workforce by approximately 1,000 professionals and, together, generate annual revenues of approximately US$182 million. These companies were acquired for a total purchase price of US$230.2 million.
CGI Group Inc. Risks and Challenges
CGI operates in a global marketplace in which competition among providers of IT services is vigorous. Some of their competitors possess greater financial, marketing and sales resources, and larger geographic scope in certain parts of the world than they do, which, in turn, provides them with additional leverage in the competition for contracts.
CGI Group Inc. Ecosystem, Partners, Resellers and SI
With 77500 professionals stationing in 400 local offices in 40 countries, the combination of CGI and Logica offers greater presence, service capabilities and expertise for its clients across the Americas, Europe, and the Asia Pacific.
CGI has strategic partnerships with Microsoft, Oracle, and SAP for implementing their different platforms and applications on their behalf. CGI also has a joint-selling alliance with Bell (including Bell Ontario, Bell Quebec, and Bell Nexxia) and a partnership with IBM.
CGI Group Inc. Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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