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Modernization effort will include digital
solutions, automation, and improved service-level agreement control
and response
STOCKHOLM, Sweden, Feb. 13, 2017 /PRNewswire/ - CGI (NYSE: GIB)
(TSX: GIB.A) has signed a new comprehensive outsourcing agreement
with Swedish insurer Alecta to modernize its IT environment,
including its infrastructure services. CGI will deliver new
technology, including a cloud-based self-service portal, increased
automation, and improved service-level agreement (SLA) management.
The estimated value of the five-year agreement, which includes an
option to renew for two years, is 315 million Swedish crowns
(approx. CAD $50 million).
CGI has been collaborating with Alecta since 1996, driving
efficiencies in the operation of Alecta's IT environment while
helping the company to evolve it over time to drive its business
performance and growth.
"CGI is very familiar with our needs and challenges, which means
it can be proactive in day-to-day work," said Ulf Larsson, CIO at Alecta. "We were looking for
a partner that can drive and support the transformation of our IT
environment, and with CGI's modernized infrastructure services and
knowledge of our needs, we feel secure in choosing it as a partner
for our future development."
CGI has enhanced its infrastructure service to include, among
other things, more self-service solutions. Alecta, for example,
will have access to a cloud-based portal for SLA control and
follow-up, increasing service transparency and responsiveness. It
also will have the flexibility to leverage both private and public
cloud services provided by CGI, depending on its business
requirements. In addition to server operations, the agreement also
encompasses applications management, IT support, and a number of
communication, security and logistics services.
"Our long term partnership demonstrates Alecta's ongoing
confidence in the quality of services CGI delivers, which have
helped to improve its operational performance," said Pär Fors,
Senior Vice-President of CGI's operations in Sweden. "This new agreement also demonstrates
Alecta's confidence in our ability to offer modern IT support that
meets its strict demands for quality, availability and
functionality. We look forward to being an innovative partner that
contributes to Alecta's future business development and
success."
CGI is a provider of consulting and IT services to 7 of the top
10 insurers in the world. CGI has also partnered with more than
160 property, casualty, life and group insurance companies, as
well as with other insurance organizations and brokers
worldwide.
About CGI
Founded in 1976, CGI Group Inc. is the fifth
largest independent information technology and business process
services firm in the world. Approximately 68,000 professionals
serve thousands of global clients from offices and delivery centers
across the Americas, Europe and
Asia Pacific, leveraging a
comprehensive portfolio of services, including high-end business
and IT consulting, systems integration, application development and
maintenance, and infrastructure management, as well as 150 IP-based
services and solutions. With annual revenue in excess of
C$10 billion and an order backlog
exceeding C$20 billion, CGI shares
are listed on the TSX (GIB.A) and the NYSE (GIB). Website:
www.cgi.com.
Forward-Looking Statements
All statements in this
press release that do not directly and exclusively relate to
historical facts constitute "forward-looking statements" within the
meaning of that term in Section 27A of the United States Securities
Act of 1933, as amended, and Section 21E of the United States
Securities Exchange Act of 1934, as amended, and are
"forward-looking information" within the meaning of Canadian
securities laws. These statements and this information represent
CGI's intentions, plans, expectations and beliefs, and are subject
to risks, uncertainties and other factors, of which many are beyond
the control of the Company. These factors could cause actual
results to differ materially from such forward-looking statements
or forward-looking information. These factors include but are not
restricted to: the timing and size of new contracts; acquisitions
and other corporate developments; the ability to attract and retain
qualified members; market competition in the rapidly evolving IT
industry; general economic and business conditions; foreign
exchange and other risks identified in the press release, in CGI's
annual and quarterly Management's Discussion and Analysis
("MD&A") and in other public disclosure documents filed with
the Canadian securities authorities (filed on SEDAR at
www.sedar.com) and the U.S. Securities and Exchange Commission
(filed on EDGAR at www.sec.gov), as well as assumptions regarding
the foregoing. The words "believe", "estimate", "expect", "intend",
"anticipate", "foresee", "plan", and similar expressions and
variations thereof, identify certain of such forward-looking
statements or forward-looking information, which speak only as of
the date on which they are made. In particular, statements relating
to future performance are forward-looking statements and
forward-looking information. CGI disclaims any intention or
obligation to publicly update or revise any forward-looking
statements or forward-looking information, whether as a result of
new information, future events or otherwise, except as required by
applicable law. Readers are cautioned not to place undue reliance
on these forward-looking statements or on this forward-looking
information.
SOURCE CGI Group Inc.