CAPGEMINI SE UNSP/ADR - CGEMY STOCK NEWS

Capgemini has opened North America's first 5G Solutions Center in San Francisco, aimed at fostering innovation through 5G and Edge technologies. This facility will assist various industries in developing tailored 5G-based solutions via workshops that emphasize the benefits of this technology. The center is designed to support clients such as Network Equipment Providers and Communication Services Providers in deploying next-gen services effectively. With access to advanced tech infrastructure, clients can explore high-value use cases, enhancing operational efficiency and safety across sectors, including healthcare.

Capgemini Government Solutions LLC has appointed Bill Webner as Chief Executive Officer, succeeding Doug Lane, who recently retired. Webner, with a strong background in government consulting and technology, has been with Capgemini since 2014, holding various leadership roles. His promotion aligns with the company's succession plan aimed at enhancing growth in the Federal market. Jim Bailey, CEO Americas at Capgemini, expressed confidence in Webner's vision for accelerating business growth. In 2022, Capgemini reported global revenues of €22 billion (approximately $23 billion USD), emphasizing its strong market position in providing integrated business and technology solutions.

Capgemini has initiated a research collaboration with the University of California, Berkeley, to develop methods for discovering new material surface properties aimed at promoting sustainable manufacturing. This partnership will utilize advanced technologies including AI and ultrafast laser processing to accelerate the market readiness of innovative materials. Key figures involved include Ramon Antelo, Chief Technology Officer at Capgemini, and Professor Vassilia Zorba from UC Berkeley. According to CEO William Rozé, this initiative aligns with Capgemini's commitment to enhancing material performance in support of sustainability goals.

Capgemini has partnered with Georgia Institute of Technology to launch a new research program focused on developing digital twin technology. This initiative aims to enhance decision-making and tackle organizational challenges by simulating complex enterprise systems. The project will create a virtual representation of an organization, incorporating various elements such as employees, processes, and resources, to optimize performance and improve efficiencies. By leveraging artificial intelligence and machine learning, the collaboration seeks to shape the future of engineering and R&D processes in the context of an increasingly digital industry.

Capgemini has been recognized as a ‘Leader’ in the IDC MarketScape: Canadian Artificial Intelligence Services 2022 Vendor Assessment. The evaluation of 12 vendors highlights Capgemini's strengths in delivering AI services through its proprietary IP, client methodologies, and industry-specific tools. These capabilities enhance client engagement in large transformation initiatives. Steven Karan, Head of Insights & Data at Capgemini Canada, emphasized the importance of infusing AI and data into organizations to maintain competitive advantage.

Capgemini Government Solutions has secured a three-year contract with the U.S. Army to modernize its cloud computing initiative, cARMY. This partnership will enhance the Army's ability to adopt cloud technologies and improve data-driven decision-making. Capgemini's expertise aims to streamline operations, increase security, and foster a culture of effective data usage within the Army. The initiative is expected to bolster artificial intelligence and machine learning programs, ultimately supporting mission readiness.

Capgemini Invent, the digital innovation brand of Capgemini Group, has established the Capgemini Invent Scholarship Fund in memory of Alessandro Di Fiore. The fund will offer need-based scholarships to undergraduate students at Boston University Questrom School of Business. This initiative is part of the Century Challenge, where Boston University will match the fund's income for the next 100 years. Di Fiore, a notable figure in management strategy, will be honored through this scholarship and the Best Platform Paper award, furthering Capgemini Invent's commitment to education and innovation.

Capgemini has launched a new research collaboration with the Massachusetts Institute of Technology (MIT) focusing on enhancing trust in AI and autonomous systems.

Headed by Andy Vickers from Capgemini Engineering and Professor Daniela Rus from MIT CSAIL, the project aims to validate and certify AI systems to support their interpretability and safety.

CEOs from both organizations emphasized that this partnership will help achieve a high level of confidence in AI systems, crucial for the advancement of the Intelligent Industry.