CGG:

Rhea-AI Summary

CGG has launched its new HPC & Cloud Solutions business, led by Agnès Boudot, as part of a strategic initiative to capitalize on growth opportunities in the HPC and cloud markets. With over 30 years of IT experience, Boudot aims to leverage her expertise in High-Performance Computing to enhance CGG's offerings. This new business will be integrated into the Data, Digital & Energy Transition segment, supporting CGG's commitment to addressing complex challenges in Earth science and beyond.

Positive

• Creation of a new HPC & Cloud Solutions business, enhancing CGG's market position.
• Appointment of Agnès Boudot, bringing significant HPC expertise and industry leadership.

Negative

• None.

CGG Expands its HPC and Cloud Solutions Business

Paris, France – June 28, 2022

CGG announced today the creation of a new HPC & Cloud Solutions business, under the leadership of Agnès Boudot, who will report to the CEO and joined the company’s executive team on June 28^th, 2022.

Agnès brings in-depth High-Performance Computing (HPC) experience from the IT industry to CGG’s growing HPC & Cloud Solutions business. Over her 30-year career, she has gained experience in various areas of IT, and specifically HPC, storage & media, and visualization. Before joining CGG, she led the global HPC, Artificial Intelligence and Quantum Business Line at Atos, successfully growing this business over the last five years.

Sophie Zurquiyah, CGG CEO, said: “The HPC and cloud solutions markets offer CGG significant and immediate business opportunities that capitalize on our well-established HPC and cloud computing strengths. I look forward to working with Agnès, whose industry leadership will support and accelerate the development of our technology and go-to-market activities in this promising area of growth for CGG.”

CGG’s HPC & Cloud Solutions Business will be consolidated into the Data, Digital & Energy Transition (DDE) reporting segment under Geoscience (GEO).

About CGG

CGG (www.cgg.com) is a global technology and HPC leader that provides data, products, services and solutions in Earth science, data science, sensing and monitoring. Our unique portfolio supports our clients in efficiently and responsibly solving complex digital, energy transition, natural resource, environmental, and infrastructure challenges for a more sustainable future. CGG employs around 3,300 people worldwide and is listed on the Euronext Paris SA (ISIN: 0013181864).

Contacts

Group Communications & Investor Relations Christophe Barnini Tel: + 33 1 64 47 38 11 E-Mail: christophe.barnini@cgg.com

 

Attachment

• CGG Expands its HPC and Cloud Solutions Business

FAQ

What is CGG's new business focus as of June 28, 2022?

CGG has launched a new HPC & Cloud Solutions business to enhance its offerings in high-performance computing.

Who is leading CGG's HPC & Cloud Solutions business?

Agnès Boudot is leading CGG's new HPC & Cloud Solutions business.

How does CGG plan to integrate its new business segment?

CGG's HPC & Cloud Solutions business will be consolidated into the Data, Digital & Energy Transition reporting segment.

What experience does Agnès Boudot bring to CGG?

Agnès Boudot has over 30 years of IT experience, specifically in High-Performance Computing and Artificial Intelligence.

What is the significance of the HPC and Cloud market for CGG?

The HPC and cloud markets offer significant and immediate business opportunities for CGG.