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CGI Inc - GIB STOCK NEWS

Welcome to our dedicated page for CGI news (Ticker: GIB), a resource for investors and traders seeking the latest updates and insights on CGI stock.

Overview

CGI Inc. is a globally recognized IT and business consulting services provider with decades of expertise in digital transformation, systems integration, and managed IT solutions. As one of the largest independent firms in the industry, CGI leverages its extensive network and deep technical know‐how to deliver tailored solutions that enhance operational efficiency across a diverse client base, including government agencies, financial institutions, healthcare organizations, and large enterprises.

Core Services and Capabilities

CGI offers a comprehensive portfolio of services designed to meet today’s complex technology challenges. Its core offerings include strategic IT consulting, systems integration, application maintenance, and business process services. These integrated solutions enable clients to manage and optimize their IT environments effectively, ensuring reliable performance and enhanced productivity through state-of-the-art digital transformation initiatives.

Market Position and Global Reach

Operating in over 40 countries with a robust global delivery network, CGI is uniquely positioned to serve both local and international markets. The company’s model of combining localized client relationships with worldwide service capabilities ensures that each client receives personalized and high-quality service. This approach has solidified CGI's reputation as a trusted and innovative partner in the competitive IT services landscape.

Industry Expertise and Innovative Solutions

With deep expertise in advanced technologies, CGI integrates artificial intelligence, data analytics, and automation into its service offerings. The company’s commitment to innovation is reflected in its tailored digital transformation projects, which address complex business challenges through precise, cutting-edge solutions while maintaining a focus on operational resiliency and efficiency.

Commitment to Excellence and Trusted Partnerships

The success of CGI is anchored by its team of highly skilled consultants and professionals, whose experience and accountability underpin every project. By fostering a culture of continuous improvement and leveraging a well-established local relationship model, CGI not only drives business outcomes for its clients but also sustains a legacy of trust, expertise, and reliability in the global IT consulting arena.

News

CGI selected as partner by UK air traffic controller to help transform its digital infrastructure

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CGI (NYSE: GIB) (TSX: GIB.A) has been selected to partner with NATS, the UK's leading provider of air traffic control services, to transform and modernize the company's digital infrastructure and evolve its services for air traffic operations in the UK. The seven-year agreement will deliver data center and hosting services to increase the resilience, flexibility, and scalability of NATS' critical digital infrastructure, transitioning NATS to a hybrid cloud model using an agile delivery approach. CGI will also provide NATS with consulting services, frameworks, and practices for transforming and managing its complex IT portfolio.
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City of Dallas selects CGI to upgrade business management systems to CGI Advantage®

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CGI (NYSE: GIB) (TSX: GIB.A) has been awarded a 10-year contract with the City of Dallas, Texas, for an upgrade of the city's enterprise resource planning (ERP) systems to the latest version of CGI Advantage®, a cloud-based solution that integrates financial, vendor self-service, personnel and performance data in a modern, unified platform. The upgrade will introduce new features and modules including Travel, Grants Lifecycle Management, and Performance Budgeting. CGI will implement new technologies including the data visualization tool, CGI Advantage Insight, automated testing, a unique user interface with advanced automation, and additional features including grants life cycle management and performance budgeting. This partnership aims to advance the ongoing transformation of vital city systems into a digital, cloud-based enterprise, representing one of the most innovative solutions and strongest possible cyber-security defenses on behalf of the people it serves.
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CGI files 2023 Annual Disclosure Documents

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CGI (TSX: GIB.A) (NYSE: GIB) has filed its Management Proxy Circular for its Annual General Meeting of Shareholders to be held virtually on January 31, 2024. The company also filed its 2023 Annual Information Form with the Canadian securities regulators and the U.S. Securities and Exchange Commission as part of its Annual Report on Form 40-F, which includes its previously-filed Fiscal 2023 Results. CGI's annual filings and relevant materials are available on its website. The company uses the Notice and Access rules to reduce paper distribution for the Annual General Meeting of Shareholders.
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CGI and Google Cloud launch the United Nations Industrial Development Organization Sustainability Planet Platform

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CGI (NYSE: GIB) (TSX: GIB.A) forms partnership with undisclosed company
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CGI Federal & All In Solutions form Adcredo IT Solutions, a joint venture to serve federal agencies through managed services, AI and advanced data analytics

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CGI Federal Inc. (NYSE: GIB) (TSX: GIB.A) announced a partnership with All In Solutions LLC to form Adcredo IT Solutions, a joint venture focusing on delivering mission-focused IT solutions for federal civilian and defense missions. The joint venture combines CGI's federal experience and system application expertise with All In Solutions' capabilities to support agencies like the Department of Veterans Affairs in providing state-of-the-art outcomes to our nation's Veterans.
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CGI All Payments solution available in Amazon Web Services Marketplace for cloud-enabled payments modernization

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CGI (NYSE: GIB) (TSX: GIB.A) launches CGI All Payments, a cloud-ready enterprise payments solution, on the Amazon Web Services (AWS) Marketplace. The solution offers modernization and innovation, streamlines deployment and management, and is scalable and deployable across multiple IT ecosystems. CGI All Payments is API-enabled, built to ISO 20022 standards, and used by global financial services clients.
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CGI joins Microsoft Intelligent Security Association (MISA)

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CGI (NYSE: GIB) (TSX: GIB.A) joins Microsoft Intelligent Security Association, enhancing security solutions for clients. CGI's collaboration with MISA provides access to Microsoft's security product portfolio, offering comprehensive security and advanced integration capabilities. This partnership aims to enable clients in their digital transformation journey, reinventing and securing their businesses for the future through innovative cybersecurity services.
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U.S. Strategic Command selects CGI for advanced data integration services

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CGI Inc. (NYSE: GIB) (TSX: GIB.A) subsidiary CGI Federal Inc. has been awarded a 5-year contract from U.S. Strategic Command (USSTRATCOM) to develop and maintain data integration hardware, systems, and software. This collaboration aims to enhance USSTRATCOM's operations and support the U.S. Department of Defense's IT strategy, with CGI deploying solutions at Offutt Air Force Base in Nebraska.
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CGI reports strong fourth quarter and Fiscal 2023 results

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CGI (TSX: GIB.A) (NYSE: GIB) reported a Q4-F2023 revenue increase of 8.0% year-over-year, reaching $3.51 billion, with diluted EPS up 16.6% to $1.76. The company also achieved a F2023 revenue growth of 11.1% year-over-year, reaching $14.30 billion, and a diluted EPS increase of 13.6% to $6.86. These results were driven by a 26% increase in new CGI managed services bookings and a book-to-bill ratio of 113.9% in Q4-F2023.
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CGI and Google expand partnership to drive industry-specific innovation in the responsible use of generative AI

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CGI expands partnership with Google to drive innovation in the responsible use of AI technologies. The partnership will enhance the capabilities of CGI PulseAI solution by leveraging Google Cloud Platform. CGI will develop industry-specific large language models and unique generative AI use cases for clients. The initiative includes exploring the use of Google's MedPaLM2 model for medical claims processing and validation. CGI will launch Google AI training globally and develop AI sandboxes using Google Cloud technologies.
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FAQ

What is the current stock price of CGI (GIB)?

The current stock price of CGI (GIB) is $105.76 as of April 22, 2025.

What is the market cap of CGI (GIB)?

The market cap of CGI (GIB) is approximately 23.1B.

What core services does CGI Inc offer?

CGI provides a range of services including IT consulting, systems integration, application maintenance, and business process services. These offerings are designed to help organizations manage complex IT environments and drive digital transformation.

How does CGI generate its revenue?

CGI generates revenue through its diversified service portfolio, which includes consulting engagements, systems integration projects, and managed IT services. Its revenue streams span multiple sectors such as government, finance, healthcare, and other large enterprises.

Which industries does CGI serve?

CGI serves a wide array of industries including government, financial services, healthcare, manufacturing, and retail. This diverse industry focus allows the company to tailor its solutions to the unique needs of each sector.

How is CGI positioned in the global IT consulting market?

With operations in over 40 countries and a comprehensive global delivery network, CGI is well positioned to support both local and global clients. Its extensive expertise and trusted service model have established CGI as a reliable advisor in digital transformation and IT consulting.

What differentiates CGI from its competitors?

CGI distinguishes itself through a strong focus on connecting localized client relationships with a powerful global delivery model. This integrated approach, combined with deep technical expertise and continuous innovation, ensures that CGI delivers tailored and effective IT solutions.

How does CGI support digital transformation initiatives?

CGI leverages advanced technologies such as artificial intelligence, data analytics, and automation to support digital transformation. By providing end-to-end services, the company helps clients modernize their IT infrastructures and achieve measurable improvements in efficiency.

What is CGI's approach to maintaining strong client relationships?

CGI employs a local relationship model that is supported by a global network of delivery centers. This ensures that clients receive personalized attention and high-quality service, building long-term partnerships based on trust and consistent performance.

How does innovation play a role in CGI's service offerings?

Innovation is integral to CGI’s approach, with a focus on incorporating emerging technologies and industry best practices into its projects. This commitment to innovation ensures that clients benefit from state-of-the-art technology solutions that are both efficient and scalable.
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CGI Inc

NYSE:GIB

GIB Rankings

#385 Ranked by Market Cap
#2030 Ranked by Dividends

GIB Stock Data

23.14B
202.24M
0.27%
70.18%
0.93%
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