SAGUENAY, QC, Oct. 19, 2017
/PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) is pleased to
announce the renewal and expansion of its 30+ year partnership with
Rio Tinto Aluminium. The companies have renewed their technology
and application management outsourcing contracts, while also
expanding their strategic partnership to include the delivery of
digital services for Rio Tinto's Aluminium Operational Center. The
estimated value of the contract renewals and expansion is
approximately $30 million.
CGI will work to optimize and improve the agility of Rio Tinto
Aluminium's operations, enabling the company to better respond to
clients' evolving expectations and deliver personalized products.
CGI will work with the aluminium group to drive strategic projects
designed to deliver the benefits of Industry 4.0.
Based on the findings of in-depth interviews with 1,300 business
and technology leaders as part of the 2017 CGI Client
Global Insights, 92% of manufacturing executives cite
digitalization of business processes as their number one technology
priority to drive performance and enhance the customer experience.
The challenge in today's digital world is to find a partner with
the skills, knowledge and capabilities to drive innovation and
transformation in critical business areas.
"We are pleased to expand this long-term partnership and
contribute to the technological development of Rio Tinto
Aluminium," said Michael Godin,
Senior Vice-President at CGI. "We look forward to developing and
implementing a strategy that integrates Industry 4.0 concepts to
help the group achieve its business objectives. As a global leader
in supply chain optimization, CGI will work closely with the
aluminium division to adapt its operational processes through
innovative digital technologies."
"CGI has a team of more than 600 professionals in Saguenay who
work each day to support organizations like Rio Tinto Aluminum,
through the delivery of innovative services", said Vice-President
Guylaine Tremblay, who leads CGI's
operation in Saguenay. "Our local and global network of experts
delivers the capabilities and service excellence our clients
require."
About CGI
Founded in 1976, CGI Group Inc. is the fifth
largest independent information technology and business process
services firm in the world. Approximately 70,000 professionals
serve thousands of global clients from offices and delivery centers
across the Americas, Europe and
Asia Pacific, leveraging a
comprehensive portfolio of services, including high-end business
and IT consulting, systems integration, application development and
maintenance, and infrastructure management, as well as 150 IP-based
services and solutions. With annual revenue in excess of
C$10 billion and an order backlog
exceeding C$20 billion, CGI shares
are listed on the TSX (GIB.A) and the NYSE (GIB). Website:
www.cgi.com.
Forward-Looking Statements
All statements in this press release that do not directly and
exclusively relate to historical facts constitute "forward-looking
statements" within the meaning of that term in Section 27A of the
United States Securities Act of 1933, as amended, and Section 21E
of the United States Securities Exchange Act of 1934, as amended,
and are "forward-looking information" within the meaning of
Canadian securities laws. These statements and this information
represent CGI's intentions, plans, expectations and beliefs, and
are subject to risks, uncertainties and other factors, of which
many are beyond the control of the Company. These factors could
cause actual results to differ materially from such forward-looking
statements or forward-looking information. These factors include
but are not restricted to: the timing and size of new contracts;
acquisitions and other corporate developments; the ability to
attract and retain qualified members; market competition in the
rapidly evolving IT industry; general economic and business
conditions; foreign exchange and other risks identified in the
press release, in CGI's annual and quarterly Management's
Discussion and Analysis ("MD&A"), in CGI's Annual Report, in
CGI's Annual Report on Form 40-F filed with the U.S. Securities and
Exchange Commission (filed on EDGAR at www.sec.gov), and in the
Company's Annual Information Form filed with the Canadian
securities authorities (filed on SEDAR at www.sedar.com), as well
as assumptions regarding the foregoing. The words "believe,"
"estimate," "expect," "intend," "anticipate," "foresee," "plan,"
and similar expressions and variations thereof, identify certain of
such forward-looking statements or forward-looking information,
which speak only as of the date on which they are made. In
particular, statements relating to future performance are
forward-looking statements and forward-looking information. CGI
disclaims any intention or obligation to publicly update or revise
any forward-looking statements or forward-looking information,
whether as a result of new information, future events or otherwise,
except as required by applicable law. Readers are cautioned not to
place undue reliance on these forward-looking statements or on this
forward-looking information.
SOURCE CGI Group Inc.