CGI Inc. (GIB) is a Montreal-based Canadian multinational information technology (IT) consulting and systems integration company. Throughout the world, CGI operates in over 40 countries, employing 76,000 professionals. Its comprehensive service offerings include application services, business consulting, business process services, IT infrastructure services, IT outsourcing services, and systems integration services.
Founded in 1976 by Serge Godin and André Imbeau, CGI initially started as a two-person operation. The name "CGI" is an abbreviation for "Conseillers en gestion et informatique" in French, translating to "Consultants to Government and Industry" in English. Godin and Imbeau built the company on a three-point strategy: focusing on client satisfaction, fostering employee motivation, and establishing operational efficiency.
Over the years, CGI expanded both organically and through strategic acquisitions, becoming a global IT leader. In 2012, the company achieved a significant milestone by acquiring Logica, a multinational IT and management consultancy company. The acquisition doubled the size of CGI, extending its footprint across Europe and bolstering its global position.
CGI prides itself on its client proximity model that fosters local accountability for client satisfaction and success. The company is also proud of its intellectual property, which manages its clients' business and technology risks and accelerates their digital transformation.
As for financial performance, CGI has demonstrated steady growth. In fiscal 2020, the company reported revenue of approximately CAD 12.16 billion. It has also been listed on the Toronto Stock Exchange since 1986 and the New York Stock Exchange since 1998.
In terms of its corporate culture, CGI fosters an entrepreneurial environment, with a significant portion of its employees being shareholders. The company is dedicated to corporate social responsibility and sustainability initiatives. To CGI, technology plays a crucial role in addressing social and environmental issues.
In conclusion, CGI Inc. is a world-class information technology consulting and systems integration company that boasts stable growth, a strong market presence, a client-focused approach, and a commitment to corporate social responsibility. Over the decades, it has proven its prowess in all aspects of IT consulting and has demonstrated a consistent performance track record.