Welcome to our dedicated page for CGI news (Ticker: GIB), a resource for investors and traders seeking the latest updates and insights on CGI stock.
CGI Inc. reports developments in IT and business consulting services across consulting, systems integration, managed IT, business process services and intellectual property solutions. News about CGI commonly covers quarterly results, bookings and backlog, client demand for modernization of mission-critical technology environments, and capital actions such as issuer bids.
Company updates also address AI-enabled services, sovereign cloud and data platforms, SAP operations certifications, and strategic partnerships in sectors such as government, healthcare, critical infrastructure, financial services, manufacturing and utilities. CGI’s model combines local client relationships with a global delivery network across North America, Europe and other markets.
CGI has been awarded a contract by Anne Arundel County Public Schools (AACPS) in Maryland to upgrade their enterprise resource planning (ERP) system with the latest version of CGI Advantage®. This upgrade will transition the school system's on-premise ERP to a cloud-based solution, offering efficient financial operations, automated budget processes, streamlined human resource management, and simplified vendor engagement.
The implementation of CGI Advantage will support AACPS in achieving goals outlined in their Blueprint for Maryland's Future, including strengthening governance and accountability through data-driven tools and reducing technical debt. For AACPS, which employs over 6,000 staff, the new system will provide flexible, secure, SaaS-enabled technology with a mobile-first design and intuitive user experience.
CGI, a leading business and IT consulting firm, has signed the European Union's Artificial Intelligence (AI) Act Pledge, reinforcing its global commitment to responsible and ethical AI practices. This signature is part of CGI's engagement with the European Commission's AI Pact. Jean-Michel Baticle, President and COO of CGI, emphasized the alignment between the AI Act Pledge objectives and CGI's own responsible use framework.
CGI's approach to responsible AI includes:
- A robust risk matrix
- Clear guidelines and best practices
- Ethical principles backed by scientific research
The company supports clients in developing responsible AI plans, focusing on governance, risk assessment, privacy, security, and optimal AI model selection. CGI offers AI-based consulting, services, and solutions to help clients leverage AI for their business objectives.
CGI's annual global research, based on interviews with over 1,800 business and technology executives, reveals three key trends in the IT and business consulting sector:
- Rebalancing cost savings with revenue growth: Clients are focusing on innovation, new products/services, and improved customer experience while maintaining cost control.
- Closer business and IT alignment: Alignment between business and IT operations is at its highest level, driven by efficiency focus and digital technologies.
- Increasing advantages for digital leaders: Those with successful digital strategies are widening the gap in achieving desired outcomes.
The research also highlights a significant increase in AI implementation, with 26% of executives implementing traditional AI and 79% exploring generative AI. AI tops innovation investment priorities for the next three years, reflecting its potential to transform business models and drive efficiency.
CGI has been selected by the Northern Ireland Courts and Tribunals Service (NICTS) as the delivery partner for its Themis Program, a flagship business transformation initiative. The 20-year contract, valued at £85 million, aims to modernize the justice system across Northern Ireland. The program will redesign court processes, transforming services across Tribunals, Civil, Family, and Criminal business areas.
The Themis Program seeks to create a digital-first, paper-light environment to enhance transparency, speed up case delivery, and increase accessibility through virtual services. CGI will work with the existing Themis team to implement a five-year roadmap for revolutionizing service delivery. The project is expected to drive significant efficiencies and improve service outcomes.
CGI's involvement in this transformation aligns with its broader commitment to modernizing the UK justice system. The company's Digital Services Centre of Excellence in Belfast, established in February 2023, will support the program with the addition of at least 50 new roles.
CGI, a leading IT and business consulting firm, has been selected by Harley-Davidson Financial Services to modernize their loan origination system. The new system, based on CGI Credit Studio, will streamline the financing process for Harley-Davidson motorcycle buyers and enhance flexibility for dealers. Key features include:
- AI-enabled financing journey
- Simplified loan application process
- Improved collaboration between dealers and customers
- Enhanced insights-driven customer experience
- Ability to offer Harley-Davidson merchandise and riding experiences at point of purchase
The system aims to shorten the buy window, boost satisfaction, and improve conversion rates. It will adapt dynamically to customer preferences and market conditions, expanding decision data to maximize value while reducing back-end losses. CGI Credit Studio is designed to lower total solution costs and deliver a streamlined, cost-effective approach.
CGI Federal Inc., a subsidiary of CGI Inc. (NYSE: GIB) (TSX: GIB.A), has completed the acquisition of Aeyon, a leader in digital transformation and AI technologies for the U.S. Federal Government. This acquisition expands CGI's capabilities in data management, analytics, and intelligent automation, while strengthening relationships with key national security clients like the Office of the Secretary of Defense, U.S. military branches, FAA, and NASA.
The merger aims to enhance CGI's service offerings and reinforce its commitment to advancing client missions. Aeyon's expertise in rapid response capabilities and industry insights is expected to accelerate critical mission outcomes for federal agencies. The acquisition aligns with CGI's culture and values, promising greater opportunities for employees and a broader range of solutions for clients.
CGI (NYSE: GIB) has been named one of America's Best Employers for Women by Forbes in 2024. This recognition is based on a survey of 150,000 women at companies with at least 1,000 employees. CGI's commitment to supporting women in technology is evident through various initiatives:
1. Employee resource groups for networking, mentoring, and professional development
2. Events to inspire female students in STEM careers
3. Initiatives promoting respect, empowerment, and inclusion
Stephanie Mango, President of CGI Federal, emphasized the company's dedication to increasing women's representation at all levels. Jenny Hilliard, VP of Human Resources, highlighted CGI's focus on creating a diverse, equitable, and inclusive environment that encourages authenticity and career growth for women.
CGI (NYSE: GIB) was named a Leader in Everest Group's Guidewire Services PEAK Matrix® Assessment 2024 for property and casualty insurance on Nov 4, 2025.
Everest Group highlighted CGI's expansion of Guidewire services into growing markets, development of local and offshore delivery capabilities, geo-specific strategies aligned with a client-proximity model, and targeted investments in point solutions and test automation toolkits. Clients cited CGI's domain knowledge and legacy-modernization expertise as supporting smooth Guidewire transitions. Everest Group's assessment was based on provider interactions, client references, and ongoing market analysis.
CGI (TSX: GIB.A) (NYSE: GIB) has been named a Leader in Everest Group's Guidewire Services PEAK Matrix® Assessment 2024 for property and casualty (P&C) insurance. The company was recognized for expanding Guidewire Services into growing markets, building local and offshore delivery capabilities, and adopting geo-specific strategies. CGI offers a comprehensive suite of services for P&C clients, including advisory, consulting, full implementations, and ongoing support for the Guidewire platform.
The assessment highlighted CGI's success in delivering on-time Guidewire implementations, enhanced localized delivery capabilities, and investments in point solutions and toolkits for test automation and accelerating product implementations. Clients appreciated CGI's domain knowledge and understanding of legacy systems, which facilitated smooth transitions to new systems.
CGI (TSX: GIB.A) (NYSE: GIB) has announced a private offering of C$750 million in senior unsecured notes. The offering consists of C$300 million in 3-year notes with a 3.987% interest rate and C$450 million in 5-year notes with a 4.147% interest rate. The offering is expected to close around September 5, 2024. CGI plans to use the net proceeds of approximately C$746.1 million to repay existing debt, including US$350 million in notes maturing on September 12, 2024, and for general corporate purposes. The notes will be offered privately in Canadian provinces and are not registered under the U.S. Securities Act.