Inetum (ex GFI Informatique) Among HCM Top 500

Immeuble La Porte du Parc 145, Boulevard Victor Hugo

Saint-Ouen, x, 93400, France

33 1 44 04 50 00


Inetum (ex GFI Informatique) Strengths, Domain Expertise, and Key Differentiators

GFI is an IT outsourcing services and software company in France with 20,000 employees and a heavy presence in the French public sector. More of its revenues are from France. The rest comes from Spain, Portugal, Africa, and Northern Europe.

Gfi Informatique supplies software in the fields of financial management of public establishments, healthcare and social care, transportation and logistics, infrastructure and public capital. In addition to its ERP and HCM applications, GFI has been adding eCommerce and risk management packages in order to augment its BPO solutions. In the healthcare vertical, GFI offers a range of medical time management solutions to labor activity and scheduling.

For 2018, the Group, attentive to the economic environment but firmly backed by its achievements and strong performance, has set a target of accelerating growth by continuing its transformation, further strengthening its international position and improving its operating margin and net profit.

Inetum (ex GFI Informatique) Recent Developments

In May 2021, Inetum announced a major strengthening of its alliance strategy with Google Cloud with a global partnership in Southern Europe that includes a certification plan for its employees and an extension of its capabilities around the APIgee, AppSheet and Anthos platforms. This reinforced alliance illustrates the acceleration of the deployment of the IT services company's digital value proposition in Europe, and in a fast-growing cloud market, with a strong increase in teleworking and around the growing digital challenges of companies, accelerated by the Covid-19 pandemic. Inetum’s aim is to speed up its clients’ digitalization in through an agile and industrial platform approach. This is based on the strategic vision of “cloudification” and Cloud-Native development.

In May 2020, Gfi, in partnership with Tous pour la Santé, a program and website by Dr François Sarkozy, provides its expertise and Botfoundry technology to make available to the general public a chatbot, which answers the numerous legitimate questions concerning the Covid-19 outbreak and its implications.

In 2018 Denodo Technologies, the independent provider in Data Virtualization, and Gfi Informatique formed a partnership to deliver value-added solutions using Data Virtualization to customers throughout the EMEA region.

Gfi Informatique resells the Denodo Data Virtualization Platform as part of its business solutions and provides consulting and implementation services to customers.

Inetum (ex GFI Informatique) Mergers and acquisitions (M&A) Activities

In September 2021, Inetum (formerly Gfi) cinches the acquisition of Ilex International, the developer of IAM (Identity and Access Management) software in France. A major transaction in the cybersecurity for the IT services company that is fully in line with its strategic plan UPSCALE23. The Group, which is present in 26 countries, integrates some of the best players in the digital ecosystem to consolidate its capacity to intervene in cybersecurity and to help its clients make the most of digital flow.

In December 2019, The French Group Gfi acquired 100% of Informática El Corte Inglés to create a great European technology leader with a broad international presence. The agreement will provide new growth opportunities to IECISA that will be integrated into a group that will thus have more than 23,000 professionals and more than 2.3 billion euros in revenue. The Gfi Group has especially valued the know-how of the Spanish technology consulting company and its positioning both in the Spanish market and in Latin America.

In December 2019, Gfi acquired Bridgeo, a leader in the implementation of Sage solutions in Central Africa, and confirms its desire to develop in the African market. This new acquisition is part of the Gfi Group's strategy to support its global clients throughout their regions, while at the same time ensuring that the highest standards are offered to local companies. With this acquisition, Gfi intends to complete its presence on the African continent and contribute to the economic development of this continent driven by its digital transformation.

In September 2019, Gfi Group acquired i2S to build a complete end-to-end solution for insurance companies, in Iberia and Africa, with the objective, together with its Cleva and Cogit suites, to build a complete end-to-end solution for insurance companies.

In March 2019, Gfi Informatique acquired French company SIS, the provider of emergency management software. In particular, SIS has developed two solutions that dominate the French market. The first is an emergency call control solution used by UAS. The second manages the fire alarm system, operational management and decision support for firefighters.

Capitalizing on its experience, the company has also developed an operational management solution for alerting and emergency services for sensitive sites such as SEVESO sites, public transport sites, airports, and train stations. This solution perfectly meets the new expectations of Utilities in the areas of security and emergency.

Additionally, Gfi Informatique acquired the Cynapsys group of multi-specialist companies for French (service centers) and local clients in Tunisia and the broader African market. Cynapsys was already the Group's partner for some North African operations.

Inetum (ex GFI Informatique) Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Inetum (ex GFI Informatique) 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 Inetum (ex GFI Informatique) 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 Chrono Gestor for HCM, customers.

Inetum (ex GFI Informatique) Key Cloud and HCM Applications

Chrono Gestor for HCM,

Inetum (ex GFI Informatique) HCM and Cloud HCM Applications Revenues, $M:

Type/Year20192020YoY Growth, %
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* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.

Inetum (ex GFI Informatique) Revenue Breakdown by Type:

TypeLicenseProf. ServicesHardwareSupport & MaintenanceSaaSPaaSIaaSOther (Non Enterprise Application Revenues)Total
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Inetum (ex GFI Informatique) Total and HCM Applications Revenues by Region:

Region% of Total Revenues2020 Total Revenues, $M2020 HCM Applications Revenues, $M
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Inetum (ex GFI Informatique) Direct vs Indirect sales

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Inetum (ex GFI Informatique) Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Inetum (ex GFI Informatique) Customers

No. of Inetum (ex GFI Informatique) Customers: 5000

No. of Inetum (ex GFI Informatique) HCM Applications Customers: x

No. of Inetum (ex GFI Informatique) Cloud HCM Customers: x

No. of Inetum (ex GFI Informatique) Cloud HCM Subscribers: x

GFI has hundreds of customers in the public sector, healthcare and large enterprises in France. Among GFI major accounts are CNES, Euskaltel, Groupe Adeo, Groupe 3SI, Ministere De La Justice, SNCF, Thales Consulting, and Yves Rocher.

Inetum (ex GFI Informatique) Market Opportunities, M&A and Geo Expansions

Inetum (formerly Gfi), the European provider of digital services and solutions, intends to recruit 4,800 people worldwide this year. To meet talented new people and show its expertise, the IT services company is organizing the Digital Job XP’ Event to offer new career prospects to digital specialists in the main cities of France. With a strong regional presence in France – 45 locations – Inetum’s local impact makes a difference to its clients whose needs keep evolving, but also for each of its 27,000 employees worldwide to live their own positive digital flow.

Gfi Informatique has finalized two new acquisitions in Morocco: Capital Consulting (70%), a strategy consulting firm in Morocco and French-speaking Africa and Archos Technology (100%) specializing in IT services. These new acquisitions follow the acquisition in 2018 of one of the flagships in information technology, specializing in the integration of SAP solutions, ValuePass Consulting. This transaction is also part of a new Moroccan legal era, the said acquisitions constituting the first and second operations subject to the merger control procedure by the Competition Council of Morocco whose first members were appointed in early 2019.

In March 2016, GFI acquired IMPAQ Group of Poland for its IT services and software packages for anti-money laundering (AML) and fraud detection (Credit Fraud, Web Fraud), either in On-Premise or SaaS model. Clients of IMPAQ include T-Mobile, PZU, Allianz, Nokia, P&G, Ikea, Commerzbank, BGZ BNP Paribas, Cembra and ship-owner MSC. The purchase will add both BPO capacity as well as application expertise to GFI.

Inetum (ex GFI Informatique) Risks and Challenges

The Gfi Group operates in a constantly changing environment and is exposed to risks that, if they materialised, could have a significant adverse effect on its business, reputation, financial condition (including its operating results and cash flows) and its ability to achieve its objectives. This section presents the main risks to which the Group believes it is exposed.

In 2016, Mannai Corporation, an IT services company with $1.7 billion in revenues and 6,100 employees, acquired a 51% stake in GFI. The purchase helped GFI sell more integrated solutions into regions like the Middle East and India where the Qatar-based Mannai has already achieved a sizable presence. The result could be a bigger wallet share among accounts like Saint-Gobain and Engie as well as joint accounts in financial services, industrials, and the public sector. The flip side is that a single point of accountability will be needed to ensure consistent results and project successes as GFI aims to sell more packaged solutions through Mannai.

Inetum (ex GFI Informatique) Ecosystem, Partners, Resellers and SI

With data protection and sovereignty now at the heart of organisations' increasingly rapid digital transformation, in October 2021, Inetum (formerly Gfi) and OVHcloud have decided to team up to develop secure cloud solutions. From platform provision to migration and service management, these services and solutions allow organisations to benefit from a trusted data infrastructure throughout their value chain. The partnership confirms Inetum's ambitions in the cloud market – a priority of its strategic plan, UPSCALE23.

In November 2019, Gfi expanded its FabLab network in Europe. With 3 innovation centers already located in France, one in Belgium and another in Portugal, Gfi is expanding its FabLab network in Europe. Gfi Group is focusing on innovation as one of the pillars of its development by inaugurating its 6th FabLab in Spain.

GFI primarily does direct sales sells, and also partners with Tata, Microsoft, Sage, Oracle, PTC and SAP.

Inetum (ex GFI Informatique) Cloud Platform (PaaS) and Infrastructure (IaaS) Details

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Research Methodology

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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