CGI through the years
Our decades of continuous growth is a testament to the confidence our clients place in us, to the commitment of our consultants, and to the sustaining principles and resilient business model on which we were founded.
During this decade, outstanding team of consultants around the world continued to provide sound advice, expertise, and end-to-end services as trusted partners to help clients drive their outcomes-focused agenda: driving business transformation in balance with cost control and efficiency gains. Significant milestones include:
2016: Strategic mergers with JSL, a leading Toronto-based consultancy specializing in banking and agile development; Alcyane, a French high-end consulting firm, also specializing in banking; and Collaborative Consulting, a Boston-based consulting firm with a focus on digital solutions, particularly in the areas of financial services and life sciences.
2017: Metro market-focused mergers with U.S.-based strategic consulting firms: CTS (Birmingham, AL), ECS Team (Denver, CO), Summa Technologies (Pittsburgh, PA) and Paragon Consulting (Philadelphia, PA/New Jersey/New York). In Northern Europe, we merged with Affecto Plc, a leading provider of business intelligence and enterprise information management based in Helsinki, Finland.
2018: Merged with German-based ckc AG, a specialized provider of agile software development and management services, with a focus on the automotive sector.
2019: Acquired Acando AB, a leading IT management and consulting services firm in Northern Europe and Germany. We also completed the acquisitions of SCISYS, a leading provider of IT services in the UK and Germany, and Sunflower Systems, an asset management and services leader in the U.S.
2020: Acquired Meti Logiciels et Services, a France-based company offering integrated business solutions and consulting services for the retail sector. We also announced our intent to acquire TeraThink, a leading IT and management consulting firm providing digitization, enterprise finance, risk management, and data analytics services for the U.S. federal government.
The combination of organic growth and these acquisitions increased the size of our global CGI team to 78,000.
2021: Expanded our footprint into U.S. Air Force and space command with CGI Federal’s acquisition of Array Holding Company, and deepened our footprint in Spain with our acquisition of Cognicase Management Consulting (CMC), a leading provider of technology and management consulting services and solutions for over 25 years.
2022: Completed our acquisition of Unico, a technology consultancy and systems integrator based in Melbourne, Australia, and Harwell Management, a leading management consulting firm specializing in financial services for the French market. We also completed the block purchase of approximately 70.6% shares in connection with our proposed acquisition of Umanis, a digital company specializing in data, digital and business solutions in France.
2023: Announced the acquisition of Momentum Consulting Corp, a Miami-based IT and business consulting firm specializing in digital transformation, data analytics and managed services. We also announced the planned investment of $1 billion over the next 3 years to support the continued expansion of our artificial intelligence (AI) services and solutions in partnership with clients seeking to responsibly move from experimentation to implementation while accelerating time-to-value from new AI technologies.
2024: We closed additional mergers to deepen our metro market presence and continue to accelerate value for our stakeholders, including the credit union business of Celero to expand our services to more than two-thirds of credit unions across Canada; Aeyon in CGI Federal to deepen our digital and AI-based offerings for national security and civilian agency clients; and Daugherty, a St. Louis-based professional services firm specializing in artificial intelligence, data analytics, strategic IT consulting, and business advisory services for Fortune 500 clients.
By the end of fiscal 2024, CGI’s annual revenue reached CA$14.68 billion. Read more about our latest company statistics in the CGI at a glance.
We deploy our full capabilities to help our stakeholders accelerate outcomes, including helping clients achieve their business strategies and government missions, CGI Partners build fulfilling careers, shareholders realize superior returns, and communities grow more inclusive and sustainable.