CGI Group Inc. is an information technology

Information technology

Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...

 (IT) management and business process services (BPS) company. Founded in 1976 and headquartered in Montreal, Canada, CGI employs approximately 31,000 professionals in over 125 offices in 16 countries. As of September 2010, CGI had an annual revenue of CA $3.7 billion with an order backlog of CA $13.3 billion. CGI stands for "Conseillers en Gestion et Informatique" in French, or "Information Systems and Management Consultants," in English. However, the official English meaning is "Consultants to Government and Industry." CGI is part of the Forbes Global 2000

Forbes Global 2000

The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value...

, an annual ranking of the top 2000 public companies in the world.

History

Serge Godin founded CGI in 1976 in Montreal, Canada. In 2004, CGI purchased the majority of American Management Systems

American Management Systems

American Management Systems was a high technology and management consulting firm, founded in 1970 by a group of five former Defense Department officials who had worked under Robert McNamara in the Kennedy and Johnson administration...

 (AMS), acquiring the commercial business and all government business not related to national defense. In May 2010, CGI announced the acquisition of Stanley, Inc., for an enterprise value

Enterprise value

Enterprise value , Total enterprise value , or Firm value is an economic measure reflecting the market value of a whole business. It is a sum of claims of all the security-holders: debtholders, preferred shareholders, minority shareholders, common equity holders, and others...

 of approximately $1.07B. In August 2010, CGI finalized the acquisition of Stanley.

CGI is one of four primary Recovery Audit Contractor

Recovery Audit Contractor

The Recovery Audit Contractor, or RAC, program was created through the Medicare Modernization Act of 2003 to identify and recover improper Medicare payments paid to healthcare providers under fee-for-service Medicare plans...

s, responsible for auditing region B.

Services

CGI provides end-to-end IT and business process services, such as:

• Application Management
• Business Process Services
• Infrastructure Management
• Systems integration and consulting
• Technology Management

Markets

CGI sells its software to various industries, which include:

• Banking
• Credit Unions
• Distribution
  Distribution (business)
  Product distribution is one of the four elements of the marketing mix. An organization or set of organizations involved in the process of making a product or service available for use or consumption by a consumer or business user.The other three parts of the marketing mix are product, pricing,...
  
  
• Government
  Government
  Government refers to the legislators, administrators, and arbitrators in the administrative bureaucracy who control a state at a given time, and to the system of government by which they are organized...
  
  
• Health care
  Health care
  Health care is the diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in humans. Health care is delivered by practitioners in medicine, chiropractic, dentistry, nursing, pharmacy, allied health, and other care providers...
  
  
• Insurance
  Insurance
  In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
  
  
• Manufacturing
  Manufacturing
  Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
  
  
• Oil and Gas
  Petroleum industry
  The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...
  
  
• Retail
  Retail
  Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
  
  
• Telecommunications
• Utilities
• Wealth management
  Wealth management
  Wealth management is an investment advisory discipline that incorporates financial planning, investment portfolio management and a number of aggregated financial services...
  
  
• Financial Services
  Financial services
  Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
  
  

Awards and recognition

• “CGI’s Donna Morea: Q1 2011 Looking Strong” by Katy Saulpaugh
• CGI listed #14 within Bloomberg Businessweek’s “Tech Hot Growth Companies 2010"
• “The Top 20 People to Watch in 2011” – CGI Federal President George Schindler listed
• Contractor award winners announced – CGI Named 2010 Greater Washington U.S. Government Contractor of the Year

External links

• www.cgi.com
• Company profile for CGI Group Incl (GIB) Retrieved 2008-10-07