CGI INC (GIB)

CGI Inc. is a global IT and business consulting services company founded in 1976 and headquartered in Montreal, Quebec. Its mission is to help clients succeed through quality, competence and objectivity in information technology, business processes and management. Its vision is to be a world-class, end-to-end IT and business consulting leader. The company pursues a "Build and Buy" growth strategy. The build side consists of winning, renewing and extending contracts and securing new large managed IT and business process services contracts. The buy side consists of metro market acquisitions and large transformational acquisitions. CGI describes itself as a consolidator in its industry.

CGI offers an end-to-end portfolio built around four levers: Consulting and Strategic IT Consulting, Systems Integration, Managed Services, and IP-based services. It also helps clients build and run global capability centers and apply data, AI and other emerging technologies to digital transformation. Effective October 1, 2024, management realigned its structure into nine operating segments. These include Western and Southern Europe (primarily France, Portugal and Spain), U.S. Commercial and State Government, a Scandinavia, Northwest and Central-East Europe segment (primarily Sweden, Netherlands, Norway, Denmark and Czech Republic), and a separate Germany segment. The remaining segment names are cut off in the text provided. The captured text lists U.S. Federal, Canada, the United Kingdom and Australia, Finland, Poland and Baltics, and Asia Pacific Global Delivery Centers of Excellence among executive responsibilities.

The company serves clients in targeted industries across North America, Europe and Asia Pacific, and its subsidiaries are located in Canada, the United States, Finland, Sweden, the Netherlands, the United Kingdom, France, Germany, Spain, Norway, Portugal and Denmark. CGI works to mirror the IT spend of each metro market through its industry sector mix. Its clients include commercial enterprises, state governments and federal agencies in the United States.

CGI operates through a model that combines client proximity with a global delivery network. Local professionals work near clients, and the global network gives clients round-the-clock access to resources. Most CGI Partners (employees) are owners through a Share Purchase Plan, which is complemented by a Profit Participation Plan. The company maintains quality frameworks and client satisfaction assessments, and follows an ESG strategy aligned with the UN Global Compact and the Science Based Targets initiative. Class A subordinate voting shares trade on the TSX (GIB.A) and the NYSE (GIB). Founder Serge Godin controls the company through Class B multiple voting shares, and François Boulanger is President and Chief Executive Officer. Moody's and S&P rate the company A3 and BBB+, respectively.