21:34:24 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



CGI Inc
Symbol GIB
Shares Issued 206,234,090
Close 2024-01-30 C$ 149.18
Market Cap C$ 30,766,001,546
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CGI, Posti to develop digital messaging services

2024-01-30 09:40 ET - News Release

Ms. Leena-Mari Lahteenmaa reports

CGI PARTNERS WITH POSTI TO DELIVER DIGITAL MESSAGING SERVICES THAT RESPOND TO FAST-CHANGING CUSTOMER AND SECURITY DEMANDS

CGI Inc. and Posti Group, the leading delivery and logistics services provider in Finland, Sweden and the Baltics, have entered a 10-year strategic partnership for the development and delivery of digital multichannel messaging services. Through the agreement, Posti will partner with CGI on the production of these services and transfer 88 professionals who are based in Finland, Poland, Latvia and Estonia. In addition, CGI will partner with Posti to modernize the digital messaging technology. The collaboration will empower Posti to respond more effectively to its customers' rapidly changing expectations as well as future cybersecurity and operational security requirements.

"Based on our earlier collaboration with CGI in other areas such as software robotics and payroll services, we are aware of and confident in CGI's digital service production expertise and quality," said Kimmo Salakka, vice-president of strategy, offering and information technology (IT) at Postal Services, a business group within Posti Group. "The agreed partnership ensures digital solutions that are critical for supporting multichannel messaging at Posti. This is also significant news from a customer and consumer point of view as the offering and services and the security of communication will improve. CGI is a company we can trust to deliver the new digital messaging solutions we require as well as to treat our 88 transitioning professionals with exceptional care."

"We are pleased with Posti's trust in our capabilities as well as with the highly skilled Posti professionals who are transitioning to CGI and will subsequently benefit from a wide range of opportunities for developing their skills and careers, along with highly competitive benefits, including the best share purchase program in our industry, " said Leena-Mari Lahteenmaa, president of CGI's operations in Finland, Poland and the Baltics.

"Digital messaging touches everyone," she continued. "For Posti customers, it appears in shipment notifications, applications for services, invoices and so much more. Digital messaging must be reliable and secure as well as free of interruptions. Through our digital messaging and technology modernization services, enabling it to provide better customer service, strengthen security and position itself for future growth."

CGI helps logistics firms worldwide drive business transformation through IT modernization, Internet of Things, digital insights, cybersecurity and other advanced technologies -- enabling them to meet customer demands, drive efficiencies and save costs.

About CGI Inc.

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,500 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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