CGI selected for Finnish National Agency for Education's largest ICT procurement to date

CGI (NYSE:GIB) has been selected by the Finnish National Agency for Education to provide development and maintenance services for Studyinfo, the agency's largest digital education service by user volume.

Rhea-AI Summary

CGI (NYSE:GIB) has been selected by the Finnish National Agency for Education to provide development and maintenance services for Studyinfo, the agency's largest digital education service by user volume. The eight-year agreement is valued at approximately €48–€80 million.

The deal, described as the agency's largest ICT procurement to date, consolidates previously separate contracts into one entity. Studyinfo.fi recorded about 14 million visitors in 2025. CGI will use its AI-enabled Application Factory and apply green coding principles to support continuous service development.

Positive

• Eight-year Studyinfo contract valued at approximately €48–€80 million
• Part of Finnish education agency's largest ICT procurement to date
• Consolidation of multiple procurements into a single long-term agreement
• Exposure to a service ecosystem with about 14 million visitors in 2025
• Showcases CGI's AI-enabled Application Factory and green coding capabilities in public sector

Negative

• None.

Argus May 29 session

+3.18% close to close Open Argus

Details

News Market Reaction – GIB

On May 29, the day this news came out, GIB closed 3.18% above the previous close.

Data tracked by StockTitan Argus for the May 29 session.

Market Context

This announcement highlights CGI’s selection for Finland’s largest education ICT procurement, with a...

Analysis

This announcement highlights CGI’s selection for Finland’s largest education ICT procurement, with an eight-year Studyinfo agreement valued between €48 million and €80 million and user traffic of about 14 million visitors in 2025. It builds on recent public-sector and Nordic partnerships and AI-focused initiatives. Investors may monitor how this contract contributes to backlog, margins, and CGI’s positioning in government digital services, alongside ongoing leadership transitions and previously reported financial performance.

Key Figures

Contract value range: €48 million to €80 million Agreement term: 8 years Studyinfo visitors: 14 million visitors

Contract value range

€48 million to €80 million

Eight-year Studyinfo development and maintenance agreement

Agreement term

8 years

Duration of Studyinfo service ecosystem agreement

Studyinfo visitors

14 million visitors

Studyinfo.fi user volume in 2025

Historical Context

5 past events · Latest: May 21

5 events

1. May 21

   AI capabilities expansion

   24h Move

   +0.9%

   Expanded governed AI features in CGI Advantage ERP for government clients.

2. May 19

   Strategic partnership

   24h Move

   -0.6%

   Eight-year omnichannel communications agreement expansion with Posti in Finland.

3. May 14

   Industry recognition

   24h Move

   +0.5%

   Named Leader and Rising Star in ISG GCC Services 2026 report.

4. May 12

   Strategic partnership

   24h Move

   -3.5%

   Expanded collaboration with Stockmann into broader IT and digital services.

5. May 12

   Leadership transition

   24h Move

   -3.5%

   Appointment of Tim Hurlebaus as CEO, succeeding François Boulanger.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ict procurement, ai-assisted delivery model, ai-enabled application factory, green coding

4 terms

ict procurement technical

"part of the agency's largest ICT procurement to date."

ICT procurement is the process by which organizations buy and manage the computers, networks, software and related services that power their operations. For investors, these purchases matter because they shape a company’s costs, security, ability to scale and speed of launching new products—like outfitting a kitchen with the right appliances to cook efficiently, the wrong choices can slow operations or create expensive risks.

ai-assisted delivery model technical

"AI-assisted delivery model to support continuous development of Studyinfo"

An AI-assisted delivery model uses artificial intelligence software to help plan, route, monitor and optimize how a product or service reaches customers—think of the AI as a smart co‑pilot that suggests the best routes, schedules, inventory levels or personalized treatments. For investors, it matters because such systems can cut costs, speed up service, reduce errors and make scaling more predictable, but they also introduce software, data and regulatory risks that can affect margins and growth.

ai-enabled application factory technical

"will utilize CGI's AI-enabled Application Factory delivery model"

An ai-enabled application factory is a repeatable platform and process that assembles, customizes and deploys software products using artificial intelligence components, much like an automated assembly line for apps. It matters to investors because it can cut development costs, speed time-to-market and scale products across customers, turning one engineering effort into many revenue streams while also concentrating technical risk and competitive advantage in a single, reusable system.

green coding technical

"responsible development by applying green coding principles."

Green coding is the practice of writing and designing software to use less computing power, reduce energy consumption, and lower greenhouse gas emissions across devices and data centers. For investors, it matters because more efficient software can cut operating costs, reduce exposure to energy price swings and potential environmental regulations, and improve a company's public image—similar to tuning a car for better gas mileage to save money and reduce pollution.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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AI-assisted delivery model to support continuous development of Studyinfo, the agency's largest digital service entity by user volume

HELSINKI, May 29, 2026 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB), one of the largest independent IT and business consulting services firms in the world, has been selected as the provider of development and maintenance services for Studyinfo (Finnish: Opintopolku), the Finnish National Agency for Education's largest digital service entity by user volume. The selection is part of the agency's largest ICT procurement to date. The eight-year agreement is valued at approximately €48 million to €80 million.

The Studyinfo service ecosystem consists of several services, information systems, and applications provided by the Finnish National Agency for Education. It offers citizens, education providers, authorities, and other stakeholders up-to-date information on education as well as national services for competence development and verification. It is the Finnish National Agency for Education's largest service ecosystem by number of users: in 2025, Studyinfo.fi (Opintopolku.fi) had approximately 14 million visitors.

The procurement of the Studyinfo service ecosystem is the largest in the history of the Finnish National Agency for Education. As a result, procurements that were previously implemented separately have been consolidated into a single agreement covering the maintenance and further development of services as one entity.

"Our goal was to simplify contract management, reduce costs and increase the flexibility of agreements. The new operating model better supports the continuous development of services and the growing number of users," said Paula Merikko, Director at the Finnish National Agency for Education.

CGI will be responsible for the development and maintenance of the expanding Studyinfo service ecosystem. The development work will utilize CGI's AI-enabled Application Factory delivery model, which accelerates application development, improves quality and reduces development costs. In addition, particular attention will be paid to responsible development by applying green coding principles.

"Studyinfo is a key digital service in Finland's education system. Our experience in modernizing critical public systems ensures that Studyinfo will continue to serve citizens efficiently in the years to come," said Kari Martelius, Senior Vice-President, Consulting Services, responsible for government services at CGI Finland.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 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 2025 reported revenue is CA$15.91 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-selected-for-finnish-national-agency-for-educations-largest-ict-procurement-to-date-302784658.html

SOURCE CGI Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CGI (NYSE:GIB) announce about the Finnish Studyinfo contract on May 29, 2026?

CGI announced it was chosen to develop and maintain the Studyinfo service ecosystem. According to CGI, this eight-year agreement with the Finnish National Agency for Education is part of the agency's largest ICT procurement and consolidates multiple prior contracts.

What is the value of CGI's Studyinfo agreement with the Finnish National Agency for Education?

The Studyinfo agreement is valued at approximately €48–€80 million. According to CGI, this eight-year contract covers maintenance and continuous development of the agency's largest digital service ecosystem by user volume, replacing several previously separate procurements.

How large is the Studyinfo service ecosystem supported by CGI (GIB)?

Studyinfo is described as the Finnish National Agency for Education's largest service ecosystem by user numbers. According to CGI, Studyinfo.fi recorded about 14 million visitors in 2025, serving citizens, education providers, authorities, and other stakeholders with national education and competence services.

What delivery model will CGI use for the Finnish Studyinfo project?

CGI will use its AI-enabled Application Factory delivery model for Studyinfo. According to CGI, this approach is intended to accelerate application development, improve quality and reduce development costs while supporting continuous enhancement of the expanding education service ecosystem.

How does the Studyinfo contract affect CGI's role in Finland's public sector IT services?

The Studyinfo contract strengthens CGI's role in modernizing Finnish public sector systems. According to CGI, its experience with critical government services and the new eight-year agreement positions it to support efficient digital services in Finland's education system for years ahead.

What sustainability practices will CGI apply in the Studyinfo development work?

CGI plans to pay particular attention to responsible development by applying green coding principles. According to CGI, these practices will be used alongside its AI-enabled Application Factory to enhance Studyinfo while aiming to reduce the environmental impact of software development activities.