With the global economy facing one of its most challenging periods in nearly a century, CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a global leader in information technology (IT) and business process services, is introducing a series of solutions designed for tough economic times. This high-impact set of services and solutions are aimed at helping organizations across government and industry deal with the current economic crisis and directly address budget reductions or deficits, increased expenses and workforce reductions.
"The hundreds of companies and government organizations we work with each day face a growing list of pressures," said Michael E. Roach, President and Chief Executive Officer. "CGI understands the business and technology challenges that our clients face and offers the services and solutions needed to quickly satisfy their customers, address risks while reducing costs."
Outsourcing, or managed services, is at the cornerstone of CGI's offering for tough economic times and delivers a competitive advantage for clients by significantly lowering overall IT costs and improving service levels. In this economic climate, clients must stay focused on their core business. CGI's IT infrastructure, application development and management outsourcing model is based on a certified quality system and flexible global delivery options that provide consistent service delivery at the best value, while allowing client management to focus on strategic initiatives.
Complementing CGI's end-to-end service offering is an initial set of services and solutions for tough economic times, each of which are proven to deliver immediate bottom line results:
Debt collections management - Delinquencies are on the rise and are challenging organizations to efficiently and effectively improve their practices. CGI delivers a solution with no up-front costs to meet the growing collections challenge head-on. Bottom line results can be generated within three to five months.
Application portfolio rationalization - Many organizations are facing budget cuts and IT is no exception. Recognizing the sense of urgency, CGI's application portfolio rationalization (APR) services rapidly analyze your applications portfolio, and prioritizing recommendations by cost impact, as well as efficiency and effectiveness improvements. CGI's six-week assessment creates a roadmap for cost savings, optimized for each organization's unique situation.
IT governance - Quality and cost define the value of IT. After an eight-week assessment, CGI delivers an individualized report that highlights areas for cost reductions, measurable improvements in user satisfaction, reduced time for decisions and projects, standardized and consistent processes, and initiatives that transform IT into a business enabler.
Claims auditing and fraud detection service - Healthcare fraud is estimated to reach $260 billion by the year 2010 in the U.S. alone and is a growing concern globally. CGI audits, identifies and implements programs that detect fraudulent claims and improve recoveries.
Energy management - A "green" initiative to reduce both costs and consumption with energy management software. CGI's evaluates your current status, uncovers opportunities for "green" improvements, makes recommendations and provides an expected return on investment (ROI).
Application hosting - Governments and companies are under mounting pressure to do more with less. With limited new dollars, hiring freezes and an aging workforce, the support of current applications will undoubtedly be affected. CGI's application hosting approach provides predictable monthly costs and total cost of ownership, while unlocking capital for clients.
Spend management solutions - CGI's spend management solutions help public and private organizations identify, target and transform their procurement operations. Within two months, a spend analysis identifies areas of improvement throughout the procurement lifecycle, prioritizes key client issues, and creates a customized roadmap to address them.
Enterprise content management (ECM) - Pressure to optimize information processing time and expenses are mounting. ECM addresses the costs of labor, storage space, paper handling and overall efficiency gains. CGI's initial assessment is fast, low cost and high-impact. The recommendations can drive savings that go straight to the bottom line.
All of these solutions are complemented by the client proximity of CGI's 100 offices in 16 countries as well as 12 designated global delivery centers across multiple shores. CGI offers flexible contractual arrangements that adapt to, and support client business objectives.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 25,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices in Canada, the United States, Europe, Asia Pacific as well as from centers of excellence in North America, Europe and India. CGI's annual revenue run rate stands at $4.0 billion and at December 31, 2008, CGI's order backlog was $11.4 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in the S&P/TSX Composite Index as well as the S&P/TSX Capped Information Technology and MidCap Indices. Website: www.cgi.com.
For more information:
Vice-President, Business Development
Senior Vice-President, Global Business Engineering
Vice-President, Global Communications and Investor Relations