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CGI helps clients accelerate their data analytics and AI maturity through renewed Snowflake Premier Partner alliance

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CGI (TSX: GIB.A) (NYSE: GIB) has renewed its U.S.-focused alliance as a Premier Services partner with Snowflake, the AI Data Cloud company. The partnership enhances CGI's ability to help clients accelerate digital transformations using Snowflake's AI Data Cloud platform. CGI's solutions powered by Snowflake include CGI Transcend™ and CGI Advantage®, with a notable implementation for the Commonwealth of Virginia's child support platform modernization project. The collaboration, ongoing since 2016, aims to deliver improved data analytics and AI capabilities across various industry sectors.

CGI (TSX: GIB.A) (NYSE: GIB) ha rinnovato la sua alleanza focalizzata sugli Stati Uniti come partner dei Premier Services con Snowflake, l'azienda dell'AI Data Cloud. Questa partnership migliora la capacità di CGI di aiutare i clienti ad accelerare le trasformazioni digitali utilizzando la piattaforma AI Data Cloud di Snowflake. Le soluzioni di CGI supportate da Snowflake includono CGI Transcend™ e CGI Advantage®, con un'importante implementazione per il progetto di modernizzazione della piattaforma di sostegno ai minori del Commonwealth della Virginia. La collaborazione, attiva dal 2016, mira a fornire migliori analisi dei dati e capacità di intelligenza artificiale in vari settori industriali.

CGI (TSX: GIB.A) (NYSE: GIB) ha renovado su alianza enfocada en EE. UU. como socio de Premier Services con Snowflake, la compañía de AI Data Cloud. La asociación mejora la capacidad de CGI para ayudar a los clientes a acelerar las transformaciones digitales utilizando la plataforma AI Data Cloud de Snowflake. Las soluciones de CGI impulsadas por Snowflake incluyen CGI Transcend™ y CGI Advantage®, con una notable implementación para el proyecto de modernización de la plataforma de asistencia infantil del Commonwealth de Virginia. La colaboración, activa desde 2016, tiene como objetivo ofrecer mejor análisis de datos y capacidades de IA en varios sectores industriales.

CGI (TSX: GIB.A) (NYSE: GIB)는 AI 데이터 클라우드 회사인 Snowflake와의 미국 중심의 제휴를 프리미어 서비스 파트너로 갱신했습니다. 이 파트너십은 CGI가 Snowflake의 AI 데이터 클라우드 플랫폼을 사용하여 고객의 디지털 혁신을 가속화하는 데 도움을 줄 수 있는 능력을 향상시킵니다. Snowflake를 기반으로 한 CGI의 솔루션에는 CGI Transcend™CGI Advantage®가 포함되며, 특히 버지니아주 아동 지원 플랫폼 현대화 프로젝트의 주목할 만한 구현이 있습니다. 2016년부터 지속되고 있는 이 협업은 다양한 산업 분야에 걸쳐 데이터 분석 및 AI 역량을 개선하는 것을 목표로 하고 있습니다.

CGI (TSX: GIB.A) (NYSE: GIB) a renouvelé son alliance centrée sur les États-Unis en tant que partenaire Premier Services avec Snowflake, l'entreprise de l'AI Data Cloud. Ce partenariat renforce la capacité de CGI à aider ses clients à accélérer leurs transformations numériques en utilisant la plateforme AI Data Cloud de Snowflake. Les solutions de CGI alimentées par Snowflake comprennent CGI Transcend™ et CGI Advantage®, avec une mise en œuvre notable pour le projet de modernisation de la plateforme de soutien aux enfants du Commonwealth de Virginie. La collaboration, active depuis 2016, vise à fournir des analyses de données améliorées et des capacités d'IA dans divers secteurs industriels.

CGI (TSX: GIB.A) (NYSE: GIB) hat seine auf die USA ausgerichtete Partnerschaft als Premier Services Partner mit Snowflake, dem Unternehmen für AI Data Cloud, erneuert. Die Partnerschaft verbessert die Fähigkeit von CGI, Kunden bei der Beschleunigung digitaler Transformationen mit der AI Data Cloud-Plattform von Snowflake zu unterstützen. Zu den von Snowflake unterstützten Lösungen von CGI gehören CGI Transcend™ und CGI Advantage®, mit einer bemerkenswerten Implementierung für das Modernisierungsprojekt der Kindergeldplattform des Commonwealth von Virginia. Die seit 2016 bestehende Zusammenarbeit zielt darauf ab, verbesserte Datenanalysen und AI-Fähigkeiten in verschiedenen Branchen bereitzustellen.

Positive
  • Strategic renewal of Premier Services partnership with Snowflake strengthens CGI's market position in AI and data analytics
  • Successful implementation of CGI Transcend platform for Virginia's child support system demonstrates practical application and market penetration
  • Long-standing partnership since 2016 shows stable business relationship and proven track record
Negative
  • None.

Insights

The renewal of CGI's Premier Services partnership with Snowflake represents a strategic continuation rather than a significant market-moving development. While the collaboration enhances CGI's data analytics and AI capabilities, particularly in government and education sectors, it's an extension of their existing relationship since 2016.

The implementation of CGI Transcend for Virginia's child support platform demonstrates practical application, but the financial impact remains unclear without specific contract values or revenue projections. The partnership primarily strengthens CGI's service offerings and competitive position in the data analytics space, though this alone isn't likely to materially affect near-term financial performance.

FAIRFAX, Va., Nov. 7, 2024 /PRNewswire/ -- CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced it has renewed its U.S.-focused alliance as a Premier Services partner with Snowflake, the AI Data Cloud company. As a Premier partner that supports the AI Data Cloud for government and education, the collaboration augments CGI's offerings to help clients accelerate digital transformations by fully leveraging the performance, flexibility and scalability of the Snowflake AI Data Cloud.

"CGI's services and solutions, combined with Snowflake's AI Data Cloud, create a powerful portfolio of capabilities to help clients streamline the entire digital transformation process and mobilize data, aimed at generating tangible business outcomes for the world's most complex and mission-critical enterprises," said Josh Rachner, Vice-President, Consulting Delivery, CGI. "As a nationwide Snowflake partner since 2016, we will continue to bring trusted cloud expertise along with tailored solutions and deep domain knowledge to drive our clients' data analytics and AI journeys and deliver more meaningful data insights."

Among CGI solutions powered by Snowflake and deployed across industry sectors are CGI Transcend and CGI Advantage®. For the Commonwealth of Virginia, for example, the CGI Transcend platform – designed to meet the unique requirements of state human services agencies – is being developed and implemented to modernize Virginia's child support platform. Virginia families participating in child support programs will experience innovative and user-friendly technology with simplified processes, streamlined sign-up forms, and automated entry designed to expedite timelines for receiving support.

"Partnering with CGI enables organizations across industries to benefit from leading-edge technologies and valuable industry and business expertise through Snowflake's single, integrated platform," said Tim Tutt, Vice President, US Public Sector at Snowflake. "We look forward to continued collaboration with CGI to provide commercial and government clients even more value from Snowflake's AI Data Cloud."

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,250 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 2024 reported revenue is $14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

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www.cgi.com/newsroom

Cision View original content:https://www.prnewswire.com/news-releases/cgi-helps-clients-accelerate-their-data-analytics-and-ai-maturity-through-renewed-snowflake-premier-partner-alliance-302298254.html

SOURCE CGI Technologies and Solutions, Inc.

FAQ

What is the significance of CGI's renewed partnership with Snowflake for stock GIB?

The renewed Premier Services partnership strengthens CGI's (GIB) market position in AI and data analytics, enabling the company to enhance its digital transformation offerings through Snowflake's AI Data Cloud platform.

How is CGI (GIB) implementing Snowflake technology in government services?

CGI is implementing Snowflake technology through its CGI Transcend platform for the Commonwealth of Virginia's child support system, providing modernized, user-friendly technology with simplified processes and automated entry.

When did CGI (GIB) first partner with Snowflake?

CGI has been a nationwide Snowflake partner since 2016, providing cloud expertise and tailored solutions for data analytics and AI implementations.

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