CGI achieves new designation from Databricks, strengthening its AI and data analytics capabilities

Rhea-AI Summary

CGI (TSX: GIB.A) (NYSE: GIB) has achieved Select partner program status from Databricks, enhancing its data analytics and AI capabilities. The company maintains over 100 Databricks-certified consultants across data engineering, machine learning, and data science disciplines.

This achievement builds on a five-year collaboration between CGI and Databricks, focusing on delivering scalable data solutions across various sectors including financial services, public sector healthcare, and retail. The partnership leverages the Databricks Data Intelligence Platform, which combines customer data with AI models customized to specific business needs.

CGI's current U.S. clients using Databricks solutions include a global healthcare payer, a leading energy company, and a major bank, with CGI supporting their data platform modernization and advanced analytics initiatives.

Positive

• Achievement of Databricks Select partner status strengthens market position in AI and data analytics
• Maintains over 100 Databricks-certified consultants across key technical domains
• Five-year proven track record of collaboration with Databricks
• Diverse client portfolio across healthcare, energy, and banking sectors

Negative

• None.

Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom

            Select status recognizes CGI's trusted cloud and AI positioning for providing clients with streamlined data solutions

MONTREAL, Quebec, Feb. 20, 2025 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, today announced its achievement of Select partner program status from Databricks, the data and AI company. This designation underscores CGI's commitment to advancing data analytics and artificial intelligence (AI) capabilities in support of clients worldwide. With more than 100 Databricks-certified consultants across data engineering, machine learning, and data science, CGI delivers solutions that support clients in their digital transformation journeys.

"Achieving Select status with Databricks reinforces our position as a trusted leader in cloud and AI technologies," said Vijay Srinivasan, CGI President of U.S. Commercial and State Government operations. "This designation not only strengthens our service portfolio but amplifies our ability to deliver transformative data solutions, ultimately helping our clients drive meaningful outcomes through data-driven insights."

CGI's Select status builds on more than five years of joint innovation between CGI and Databricks, focused on delivering scalable data solutions that accelerate digital transformation for clients across sectors, including financial services, public sector healthcare, and retail. The Databricks Data Intelligence Platform democratizes access to analytics and intelligent applications by marrying customers' data with powerful AI models tuned to their business's unique characteristics. The platform is built on a lakehouse foundation of open data formats and open governance to ensure that all data is completely within the customers' control. By leveraging the Databricks Data Intelligence Platform, CGI has strengthened its position to provide clients globally with highly efficient and scalable insights, helping clients unlock value from their data faster while reducing operational complexities.

CGI has many evolving global partnerships aimed at expanding the portfolio of delivery capabilities that enable CGI to assess the best technology platforms for delivering business outcomes, driving innovation and accelerating growth for its clients. CGI's U.S.-based clients currently leveraging Databricks span a global healthcare payer, a leading energy company, and a major bank – all of whom CGI is supporting in the modernization of their data platforms and in leveraging advanced analytics.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,000 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 Fiscal 2024 reported revenue is CA$14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

View original content:https://www.prnewswire.com/news-releases/cgi-achieves-new-designation-from-databricks-strengthening-its-ai-and-data-analytics-capabilities-302380847.html

SOURCE CGI Inc.

FAQ

What is the significance of CGI's Databricks Select partner status for GIB stock?

The Select partner status strengthens CGI's market position in AI and data analytics, enhancing its service portfolio and ability to deliver transformative data solutions to clients globally.

How many Databricks-certified consultants does CGI (GIB) currently employ?

CGI maintains over 100 Databricks-certified consultants across data engineering, machine learning, and data science disciplines.

Which sectors are benefiting from CGI's (GIB) Databricks partnership?

CGI's Databricks solutions are being implemented across financial services, public sector healthcare, and retail sectors, with notable U.S. clients including a global healthcare payer, energy company, and major bank.

How long has CGI (GIB) been collaborating with Databricks?

CGI has maintained a collaborative partnership with Databricks for more than five years, focusing on delivering scalable data solutions.