CGI announced the signing of an outsourcing contract with IPSCO, whereby CGI will operate the Regina-based steel producer's mainframe systems while also supporting its local area networks and desktops. For CGI, the three-year agreement is expected to generate total revenues of approximately CDN$15 million.
"We are pleased to have signed this agreement with CGI," said Charles Backman, IPSCO's Senior Vice-President and Chief Administration and Engineering Officer. "IPSCO was looking for a solid IT partner, with the skills and desire to meet its needs across the Canadian and U.S. markets. CGI fulfils our requirements and has a culture of flexibility that blends well with IPSCO's approach to business."
Jean Brassard, CGI's President and COO, added that: "CGI is delighted to have IPSCO among its client base. IPSCO wanted to do business with an IT services provider capable of handling its IT needs including PCs, mini computers and mainframes. As companies, we have a lot in common, including our strong focus on the U.S. market."
Based on its annualised revenue run-rate of CDN$1.5 billion, CGI is the largest independent information technology consulting firm in Canada and the fifth largest in North America. CGI's more than 10,000 professionals provide end-to-end IT services and business solutions to some 2,500 clients in Canada, the United States and 23 countries around the world. CGI's shares are listed on the New York Stock Exchange (GIB), as well as on the Toronto and Montreal exchanges (GIB.A). Web site: www.cgi.ca.
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