NATIONAL RESEARCH COUNCIL OF CANADA AND CGI SIGN CONTRACT WORTH MORE THAN $20 MILLION
The National Research Council of Canada (NRC) and CGI today announced the signing of an agreement according to which CGI will coordinate the implementation and support the day-to-day operations of the Council's Enterprise Resource Planning (ERP) system. This agreement, extending over a seven year period, is expected to generate revenue in excess of $20 million for CGI.
"We are pleased that the NRC chose us as its partner in the implementation of SAP software," said Jean Brassard, CGI's President and COO. "This contract is very strategic for us and it is the first such project in Canada for which an IT firm is awarded both the implementation and day-to-day support of an ERP in the federal government sector."
Enterprise Resource Planning systems such as the SAP software are comprised of a suite of enterprise-wide solutions that help companies manage their operations. The NRC's system will include nine modules, covering areas such as finance and human resources, as well as materials management and project accounting. As part of the contract, approximately 10 NRC employees will become members of CGI.
CGI is the largest independent information technology consulting firm in Canada and the sixth largest in North America. It provides end-to-end IT services and business solutions to some 2,000 clients in Canada, the United States and in 20 countries around the world. With the acquisition of Bell Sygma, CGI has more than 7,500 professionals, an annualized revenue-run rate of more than $1.1 billion and an order backlog totalling approximately $6 billion. CGI's shares (GIB.A) are included in The Toronto Stock Exchange's TSE 300 Composite and TSE 200 indexes.
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