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CGI Inc
Symbol GIB
Shares Issued 203,773,783
Close 2024-11-04 C$ 155.72
Market Cap C$ 31,731,653,489
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CGI signs three-year contract with Michelin

2024-11-05 11:28 ET - News Release

Mr. Jean-Michel Baticle reports

CGI SUPPORTS MICHELIN IN ITS SOFTWARE AND DATA DRIVEN STRATEGY

CGI Inc. has signed a three-year contract with Michelin, the world's leading manufacturer of composites and experiences that transform people's 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 and 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," said 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, " said 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 Inc.

Founded in 1976, CGI is among the largest independent IT (information technology) 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 organizations and accelerate results. CGI's fiscal 2023 reported revenue is $14.3-billion and CGI's shares are listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB).

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