- Contract designed to kick-start a step change in digital services to support jobs, education, innovation and health for decades to come
CGI (NYSE: GIB) (TSX: GIB.A) has been selected by Glasgow City Council (GCC) to provide transformational IT services to enable the introduction of integrated digital services for the Glasgow area. This will result in an improved citizen digital experience across a range of council services whilst delivering new high speed broadband for schools and the local community.
"This is a very important award for CGI and will involve us delivering not only a modern, transformed IT estate, but also delivering improved services to schools and the City of Glasgow generally," said David Fitzpatrick, Senior Vice President of Global Technology Operations in the UK. "We will also provide the underlying capability to enhance how residents engage with the Council and carry out their transactions online."
Annemarie O'Donnell, Chief Executive of Glasgow City Council, commented "We have an opportunity to completely redesign how we use technology to improve the lives of all Glaswegians. From world-class digital learning in our schools, to protecting the health of our most vulnerable citizens - we need to innovate and be ready to embrace opportunities to use technology creatively to deliver for the city."
This is CGI's third major digital transformation contract in UK Local Government in recent years and securing the business will increase CGI's growing footprint in Scotland and will position CGI as one of the largest suppliers of IT Services in Scotland. CGI is already a significant employer in Glasgow, employing over 100 people in their Open Digital Service Centre at the Inovo building in George Street.
The firm is also investing in developing a skilled city workforce in the longer-term, by providing employment and training opportunities for local young people. This includes sponsoring a degree programme at Glasgow Caledonian University, which enables students to study while developing a career. The job prospects of at least 700 Glaswegians will also be improved through the sponsoring of software development training for 100 long-term unemployed people every year.
About CGI Founded in 1976, CGI is the fifth largest independent IT and business consulting services firm in the world. With approximately 71,000 professionals worldwide, CGI delivers an end-to-end portfolio of high-end IT and business consulting services, systems integration and IT and business process outsourcing services. CGI's client proximity model, best-fit global delivery network, and intellectual property solutions help clients accelerate results and digitally transform their organizations. With annual revenue of C$10.8 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: http://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 Section 27A of the United States Securities Act of 1933 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 employees; market competition in the rapidly evolving information technology industry; general economic and business conditions; foreign exchange and other risks identified or incorporated by reference in this press release, in CGI's annual and/or quarterly Management's Discussion and Analysis and in other public disclosure documents filed with the Canadian securities regulatory authorities (on SEDAR at http://www.sedar.com ) and the U.S. Securities and Exchange Commission (on EDGAR at http://www.sec.gov ), 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.
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