STOCK TITAN

CGI supports Michelin in its Software and Data Driven strategy

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

CGI has signed a 3-year contract with Michelin to develop and maintain Supply Chain and Planning Production Manufacturing applications, while also supporting Customer Experience and Services & Solutions domains. The collaboration aims to harmonize Michelin's application ecosystem through solution creation, integration, and support. Nearly 800 CGI employees across France, Canada, the United States, Morocco, and India will work on this strategic project, supporting Michelin's transition to become a software and data-driven organization to improve user experience and competitiveness throughout the value chain.

CGI ha firmato un contratto di 3 anni con Michelin per sviluppare e mantenere applicazioni relative alla Supply Chain e alla Pianificazione della Produzione, supportando anche i settori Esperienza del Cliente e Servizi & Soluzioni. La collaborazione mira a armonizzare l'ecosistema delle applicazioni di Michelin attraverso la creazione, integrazione e supporto delle soluzioni. Quasi 800 dipendenti di CGI provenienti da Francia, Canada, Stati Uniti, Marocco e India lavoreranno a questo progetto strategico, sostenendo la transizione di Michelin per diventare un'organizzazione guidata da software e dati, al fine di migliorare l'esperienza utente e la competitività lungo l'intera catena del valore.

CGI ha firmado un contrato de 3 años con Michelin para desarrollar y mantener aplicaciones de Cadena de Suministro y Planificación de Producción, además de apoyar las áreas de Experiencia del Cliente y Servicios & Soluciones. La colaboración tiene como objetivo armonizar el ecosistema de aplicaciones de Michelin a través de la creación, integración y soporte de soluciones. Casi 800 empleados de CGI en Francia, Canadá, Estados Unidos, Marruecos e India trabajarán en este proyecto estratégico, apoyando la transición de Michelin para convertirse en una organización impulsada por software y datos para mejorar la experiencia del usuario y la competitividad a lo largo de toda la cadena de valor.

CGI는 미슐린과 3년 계약을 체결하여 공급망 및 생산 계획 애플리케이션을 개발하고 유지하는 한편, 고객 경험 및 서비스 및 솔루션 분야도 지원합니다. 이 협업은 솔루션 생성, 통합, 지원을 통해 미슐린의 애플리케이션 생태계를 조화롭게 만드는 것을 목표로 합니다. 프랑스, 캐나다, 미국, 모로코, 인도의 거의 800명의 CGI 직원이 이 전략적 프로젝트에 참여하여 미슐린이 소프트웨어와 데이터 주도 조직으로 전환하는 것을 지원하여 가치 사슬 전반에 걸쳐 사용자 경험과 경쟁력을 향상시킬 것입니다.

CGI a signé un contrat de 3 ans avec Michelin pour développer et maintenir des applications de chaîne d'approvisionnement et de planification de production, tout en soutenant également les domaines de l'expérience client et des services & solutions. La collaboration vise à harmoniser l'écosystème applicatif de Michelin à travers la création, l'intégration et le support de solutions. Presque 800 employés de CGI en France, au Canada, aux États-Unis, au Maroc et en Inde travailleront sur ce projet stratégique, soutenant la transition de Michelin vers une organisation axée sur le logiciel et les données pour améliorer l'expérience utilisateur et la compétitivité dans toute la chaîne de valeur.

CGI hat einen 3-Jahres-Vertrag mit Michelin unterzeichnet, um Anwendungen für die Lieferkette und die Produktionsplanung zu entwickeln und zu warten und gleichzeitig die Bereiche Kundenerfahrung sowie Dienstleistungen und Lösungen zu unterstützen. Die Zusammenarbeit zielt darauf ab, das Anwendungsecosystem von Michelin durch die Schaffung, Integration und Unterstützung von Lösungen zu harmonisieren. Nahezu 800 CGI-Mitarbeiter aus Frankreich, Kanada, den Vereinigten Staaten, Marokko und Indien werden an diesem strategischen Projekt arbeiten und Michelin bei der Umstellung auf eine software- und datengestützte Organisation unterstützen, um die Benutzererfahrung und Wettbewerbsfähigkeit entlang der gesamten Wertschöpfungskette zu verbessern.

Positive
  • Secured major 3-year contract with global leader Michelin
  • Large-scale project involving 800 CGI employees across multiple countries
  • Strategic expansion in manufacturing and supply chain solutions
Negative
  • None.

Insights

The 3-year contract with Michelin represents a significant strategic win for CGI in the digital transformation space. The deal's scope encompasses critical areas including supply chain, production planning and customer experience applications, positioning CGI as a key enabler in Michelin's software and data-driven evolution. With nearly 800 CGI employees deployed across five countries, this is a substantial engagement that will contribute to CGI's recurring revenue stream.

The partnership's focus on modernizing Michelin's application ecosystem and improving system resilience indicates potential for contract extensions and expanded scope. For CGI, this validates their global delivery model and strengthens their position in the manufacturing sector. The collaboration with a prestigious client like Michelin enhances CGI's market credibility and could lead to similar opportunities with other industrial leaders pursuing digital transformation.

Stock symbols
GIB (NYSE)
GIB.A (TSX)
cgi.com/press-room

PARIS, Nov. 5, 2024 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the world's largest business and IT consulting services firms, announces that it has signed a 3-year contract with Michelin, the world's leading manufacturer of composites and experiences that transform our daily lives, to develop and maintain its Supply Chain and Planning Production Manufacturing applications. CGI will also be involved in supporting Michelin's Customer Experience and Services & Solutions domains.

CGI supports Michelin in the harmonization of its application ecosystem, notably through the creation and integration of solutions, as well as the associated support.

This collaboration is part of Michelin's major transition over the last few years to become a software and data-driven organization, critical to the continuous improvement of its users' experience and its competitiveness at every stage of the value chain.

"With this partnership, we together support our approach to continuous improvement and innovation. We develop and offer solutions improving the resilience of our systems while optimizing our services: great opportunities to accelerate the transformation of our organization, while strengthening our collaboration", says Jean Paul Bouchon Business Solutions Leader at Michelin.

"The collaboration between Michelin and CGI is driven by a shared commitment to leveraging innovation and cutting-edge digital solutions that meet the evolving needs of the market. By combining our industry and technology expertise from our teams around the world, we enable Michelin to accelerate its transformation, optimize operational efficiency, and deliver tangible business outcomes, " says Jean-Michel Baticle, President and Chief Operating Officer at CGI.

Nearly 800 CGI employees in France, Canada, the United States, Morocco and India will work alongside Michelin on this strategic project.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 90,000 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 organisations 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.

About Michelin
Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world.

Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare.

The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AIbased connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide.

Cision View original content:https://www.prnewswire.com/news-releases/cgi-supports-michelin-in-its-software-and-data-driven-strategy-302296009.html

SOURCE CGI Inc.

FAQ

What is the duration of CGI's (GIB) contract with Michelin?

CGI (GIB) has signed a 3-year contract with Michelin.

How many CGI employees will work on the Michelin project?

Nearly 800 CGI employees across France, Canada, the United States, Morocco, and India will work on the Michelin project.

What services will CGI (GIB) provide to Michelin under the new contract?

CGI will develop and maintain Supply Chain and Planning Production Manufacturing applications, support Customer Experience and Services & Solutions domains, and assist in harmonizing Michelin's application ecosystem.

Which countries will be involved in CGI's (GIB) Michelin project?

The project will involve CGI employees from France, Canada, the United States, Morocco, and India.

CGI Inc.

NYSE:GIB

GIB Rankings

GIB Latest News

GIB Stock Data

24.52B
202.05M
0.79%
69.93%
0.5%
Information Technology Services
Technology
Link
United States of America
Montreal