CGI helps Nexelis gain a competitive advantage through digitization of business and IT workflows

Rhea-AI Summary

CGI (TSX: GIB.A, NYSE: GIB) has signed a full managed IT services contract with Nexelis, a leading life sciences firm. This partnership aims to enhance Nexelis's IT infrastructure and support its rapid growth through a comprehensive three-year IT strategy. Key priorities include upgrading Infrastructure Managed Services (IMS) and implementing a Laboratory Information Management System (LIMS). CGI's expertise in IT solutions will enable Nexelis to focus on scientific advancements while enhancing operational efficiency and competitive edge in the healthcare sector.

Positive

• Contract signed with Nexelis for managed IT services, indicating strong demand for CGI's IT solutions.
• Development of a three-year IT strategy to support Nexelis's rapid growth, showcasing CGI's consultative approach.

Negative

• None.

Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)

cgi.com/newsroom

MONTRÉAL, July 13, 2021 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) signed a full managed IT services contract with the international life sciences firm Nexelis. Through the agreement, Nexelis will leverage CGI's global scale, best practices in IT modernization, and approach to accelerate business transformation.

Following the successful launch of a managed security services platform, CGI developed a three-year IT strategy to support Nexelis' rapid growth. This IT transformation roadmap includes the delivery of full managed services for the company's core IT infrastructure and a portfolio of enterprise applications. Nexelis' first transformation priorities are the upgrade and international rollout of Infrastructure Managed Services (IMS) and a Laboratory Information Management System (LIMS).

"We believe that success in our field is best achieved by a fusion of scientific discipline, human agility and client partnership," said Benoit Bouche, Nexelis CEO. "CGI's proven and comprehensive managed IT services will allow us to focus on science, which is what we do best, while giving us a competitive advantage through the advancement of our IT modernization and the digitization of our business and IT workflows."

"As Nexelis' trusted advisor and partner of choice, CGI brings years of in-the-field experience in managing both security and core business processes in life sciences and other sectors," said Guy Vigeant, President of CGI's operations in Canada. "We look forward to helping Nexelis build a more secure IT infrastructure as well as a solid portfolio of enterprise applications to drive its business agility, performance and growth."

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 77,000 consultants and other 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 2020 reported revenue is C$12.16 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

About Nexelis
With an unrivaled expertise in immunology, 5 operating sites in North America and Europe, and a translational offer of services covering the needs of the pharmaceutical industry from the lead selection stage to late clinical stage, Nexelis is a leading provider of assay development and advanced laboratory testing services in the infectious diseases, metabolic diseases, and oncology fields. Our versatile team of scientists, working with our state-of-the-art technology platforms, were instrumental in the development, qualification, validation, and large-scale sample testing of assays that supported the FDA filing of almost 100 new molecular entities, including blockbuster vaccines and biologics, anti-viral drugs, immunotherapy, gene and cell therapy products.

View original content:https://www.prnewswire.com/news-releases/cgi-helps-nexelis-gain-a-competitive-advantage-through-digitization-of-business-and-it-workflows-301332126.html

SOURCE CGI Inc.

FAQ

What is the significance of the CGI and Nexelis contract signed on July 13, 2021?

The contract is significant as it positions CGI to provide managed IT services to Nexelis, enhancing its IT infrastructure and supporting its growth.

How will CGI's managed IT services benefit Nexelis?

CGI's managed IT services will allow Nexelis to focus on its scientific work while improving its IT modernization and business workflows.

What are the key components of the IT strategy developed by CGI for Nexelis?

The key components include upgrading Infrastructure Managed Services (IMS) and implementing a Laboratory Information Management System (LIMS).

What is CGI's role in Nexelis's business transformation?

CGI serves as a trusted advisor and partner, leveraging its experience to help Nexelis build a secure and efficient IT infrastructure.

What impact does the CGI contract have on GIB's stock performance?

The contract is likely to positively influence GIB's stock performance by signaling growth in CGI's managed services sector.