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Multi-year project will replace legacy systems
serving 30,000 employees
FAIRFAX, VA, March 8, 2017 /CNW Telbec/ - CGI (NYSE: GIB)
(TSX: GIB.A) today announced its selection by the State of Colorado for a multi-year contract to
modernize outdated, legacy payroll systems that serve more than
30,000 public employees across 21 state agencies and departments.
The contract, with optional years, is valued at US$66.2 million over 20 years. As part of an
ongoing process to overhaul Colorado's enterprise resource planning (ERP)
system, CGI will provide IT services and solutions to replace
various manual payroll processes with a unified human resource
information system (HRIS) that is efficient, reliable and
cost-effective.
"We are excited to work with CGI," said Kim Burgess, Chief Human Resources Officer for
the State of Colorado. "We look
forward to ongoing collaboration that results in a system that
better serves Colorado agencies
and their employees, and advances our mission to act as effective
stewards of the state's public resources."
In 2014, CGI successfully launched a new financial management
system for Colorado utilizing the
unique built-for-government capabilities of its CGI Advantage ERP
solution. The Colorado Operations Resource Engine (CORE) replaced
an outdated, legacy 22-year old accounting system. The new
accounting system integrates budget and purchasing functions,
allowing the state to replace multiple aging and redundant systems
with a single source of reliable and transparent fiscal data for
most financial operations.
Under the direction of the Colorado Department of Personnel and
Administration and the Governor's Office of Information Technology,
CGI will now embark on the project of modernizing a payroll system
comprised of multiple, aging legacy systems which are difficult to
improve, challenging to support and integrate, and written in
outdated programming languages.
"The new payroll system will contribute to the state's ability
to operate more efficiently and with greater transparency and
accountability," said John Manta, Vice-President, CGI. "This award
is a tremendous opportunity for CGI to build on our technology
accomplishments in the State of
Colorado and continue a long-standing partnership in the
service of improving vital state systems."
To the task of upgrading Colorado's payroll system, CGI brings more
than 40 years of ERP software and service delivery for federal,
state and local governments. CGI has implemented more than 400
government ERP systems, including those in Massachusetts, Kentucky, Alabama, Alaska, Arizona, Colorado and West
Virginia. Recently, six of the last seven states to pursue
ERP modernizations chose CGI as their technology partner, and two
of the nation's most populous local jurisdictions -- New York City and Los Angeles County – also
utilize ERP systems powered by CGI.
"We are proud to add Colorado's
payroll operations to the growing number of state and local
governments that understand our built-for-government ERP means less
risk and more secure operations. CGI Advantage's on-premise as well
as cloud-based solutions protects sensitive data and critical
government functions," added Daniel
Keene, Senior Vice-President of CGI's Advantage program.
About CGI
Founded in 1976, CGI is one of the largest IT and business
process services providers in the world. Operating in hundreds of
locations across the globe, CGI helps clients become
customer-centric digital organizations. We deliver high-quality
business and IT consulting, systems integration and
transformational outsourcing services, complemented by more than
150 IP-based solutions, to support clients in transforming into
digital enterprises end to end. CGI works with clients around the
world through a unique client proximity and best-fit global
delivery model to accelerate their digital transformation, ensure
on-time, within budget delivery, and drive competitive advantage in
today's increasingly digital world. 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"), in CGI's Annual Report, in
CGI's Annual Report on Form 40-F filed with the U.S. Securities and
Exchange Commission (filed on EDGAR at www.sec.gov), and in the
Company's Annual Information Form filed with the Canadian
securities authorities (filed on SEDAR at www.sedar.com), 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.