07:48:31 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



CGI Inc
Symbol GIB
Shares Issued 206,053,631
Close 2023-11-27 C$ 138.01
Market Cap C$ 28,437,461,614
Recent Sedar Documents

CGI, All In Solutions form Adcredo IT Solutions

2023-11-28 10:08 ET - News Release

Ms. Alisa Bearfield reports

CGI FEDERAL & ALL IN SOLUTIONS FORM ADCREDO IT SOLUTIONS, A JOINT VENTURE TO SERVE FEDERAL AGENCIES THROUGH MANAGED SERVICES, AI AND ADVANCED DATA ANALYTICS

CGI Federal Inc., the wholly owned U.S. operating subsidiary of CGI Inc., has formed a partnership with All In Solutions LLC, a service-disabled veteran- and woman-owned small business, in a mentor-protege agreement to form Adcredo IT Solutions. Combining deep federal experience and system application expertise, the joint venture leverages the organizations' know-how to deliver mission-focused information technology solutions on application and business consulting services that support federal civilian and defence missions.

"Adcredo IT Solutions brings together two organizations that share an unwavering commitment to supporting agencies who deliver services for those who serve and have sacrificed for our country," said Alisa Bearfield, senior vice-president and civilian business unit lead at CGI. "For over 45 years, CGI has supported federal civilian agencies in advancing their critical missions, enhancing productivity and ensuring seamless operations. As the Department of Veterans Affairs (VA) continues to seek partners to provide state-of-the-art outcomes to our nation's veterans, Adcredo is positioned to offer specialized services that supports its mission."

Created to help federal agencies achieve mission outcomes at scale, Adcredo leverages complex system integration and organizational change management experience, including CGI's multiyear transformation of financial management business processes at various administrations throughout the VA, coupled with managed services, artificial intelligence and data analytics capabilities to align with organizations' modernization strategies.

"We are ready to support VA, Department of Defense and other federal agency mission enablement needs by advancing their business objectives and fuelling innovation quickly and accurately through managed services, IT solutions, application development and sustainment, and strategic initiatives," stated the Hon. Allison A. Hickey, brigadier-general (United States Air Force, retired), All In Solutions chief executive officer and managing member of Adcredo IT Solutions. "As the VA, DoD and other federal agencies continue their evolution of system modernization and broader transformation, they can count on Adcredo to deliver mission results."

About CGI Federal Inc.

CGI Federal, a wholly owned U.S. operating subsidiary of CGI, is dedicated to partnering with federal agencies to provide solutions for defence, civilian, health care and intelligence missions. Founded in 1976, CGI is among the largest IT and business consulting services firms in the world. With 91,500 consultants and other 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. With fiscal 2023 reported revenue of $14.30-billion, CGI shares are listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB).

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.