CGI appointed as Strategic Delivery Partner to UK Cabinet Office for digital transformation

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CGI (TSX: GIB.A) (NYSE: GIB) secures a $162 million contract with the UK Government's Cabinet Office as a Strategic Delivery Partner for digital transformation. The five-year deal aims to provide digital, data, and technology services, emphasizing innovation and value creation.

Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
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LONDON, March 27, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected by the UK Government's Cabinet Office as a Strategic Delivery Partner for the Cabinet Office Digital (CO Digital) department. The five-year contract is valued at $162 million (£100 million).

Under the contract, CGI will partner with the CO Digital function to deliver a range of digital, data and technology services and products in support of Cabinet Office Business Units, enabling their digital transformation.

Michael Hill, Chief Digital Information Officer for the Cabinet Office said, "We are looking forward to working with CGI and its ecosystem partners as our Strategic Delivery Partner. Through the capabilities that they will bring us we will be able to continue to drive delivery, innovation and value that will help us enable the Cabinet Office of the future."

Tara McGeehan, President, CGI in the UK & Australia added, "CGI has a demonstrable track record of successfully partnering with the UK Government and supporting critical national infrastructure across the UK, and the world. We look forward to growing our relationship with CO Digital as their Strategic Delivery Partner, and helping them to drive consistency, innovation and value, while facilitating the growth of digital capabilities for the Cabinet Office as a whole."

CGI provides access to an ecosystem of partners, including small and medium sized enterprises, who can collaborate with CGI to deliver niche services through this contract in support of the Cabinet Office. The contract also includes the delivery of social value activities, such as hosting digital skills training courses for armed forces Veterans and women in tech events.

About CGI

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,500 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2023 reported revenue is CA$14.30 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com. 

View original content:https://www.prnewswire.com/news-releases/cgi-appointed-as-strategic-delivery-partner-to-uk-cabinet-office-for-digital-transformation-302100520.html

SOURCE CGI Inc.

FAQ

What is CGI's stock market symbol?

CGI's stock market symbols are GIB.A on TSX and GIB on NYSE.

What is the value of the contract CGI secured with the UK Government's Cabinet Office?

The contract CGI secured is valued at $162 million (£100 million) for a five-year period.

Who is the Chief Digital Information Officer for the Cabinet Office?

Michael Hill is the Chief Digital Information Officer for the Cabinet Office.

What kind of services will CGI provide under the contract with the CO Digital department?

CGI will deliver digital, data, and technology services and products to support Cabinet Office Business Units in their digital transformation.

What activities are included in the contract with the UK Government?

The contract includes the delivery of social value activities like hosting digital skills training courses for armed forces Veterans and women in tech events.