HELSINKI, July 16, 2018 /PRNewswire/ - CGI (NYSE: GIB)
(TSX: GIB.A) has been selected to design, build and support a next
generation electricity information exchange system for Fingrid
Datahub Oy, a subsidiary of Fingrid Oyj, Finland's electricity transmissions operator.
The new centralized IT system, called "Datahub," will store and
manage data from all of Fingrid's 3.5 million energy consumption
locations, driving a wide range of strategic benefits for the
utility's nationwide operations, Finland's retail utility sector as a whole,
and consumers across the country. Datahub also will support
Finland's transition towards
becoming a fossil-free society.
The contract is valued EUR 41.9
million and covers project delivery, licenses, and support
and maintenance services for a four-year period.
Fingrid Datahub Oy, which was established to operate Databub,
will adopt CGI's proprietary central market system to replace its
current EDI message exchange system. CGI's system addresses key
requirements driven by energy legislation, energy sector demands
and Fingrid's own business needs in terms of data processing,
protection and security, synchronized electricity retail market
processes, and support and maintenance.
Datahub, through advanced process automation, will simplify,
speed up and enhance the efficiency of data exchange across the
retail electricity market in Finland. For consumers, the Datahub also will
support various services to significantly improve the customer
experience.
"The energy sector will undergo a major transformation in the
coming years," said Asta
Sihvonen-Punkka, CEO of Fingrid Datahub Oy. "We are heading
towards a clean, reliable and market-driven environment for
distributing electricity. Datahub will play a very important role
in this market transition."
"We are very pleased that CGI has been chosen as Fingrid's
partner," said Leena-Mari Lähteenmaa, Senior Vice-President of
CGI's operations in Finland. "We
are witnessing the biggest shift in the retail electricity market
since the liberalization of electricity trade. This strategic
digitalization project will lead to more efficient day-to-day
business processes, the opportunity for consumers to change
electricity sellers more quickly and enjoy many other new services,
and the launch of innovative capabilities such as demand-side
electricity management."
CGI teams in Finland,
the Netherlands and India will collaborate on the system's
development, delivery and maintenance. CGI also will partner with
First Derivatives plc to integrate its Kx technology into
innovative meter data management and settlement functions within
the new system.
CGI has built and currently runs two-thirds of all central
market systems worldwide, including systems across the Nordics and
the UK. These systems are supported by more than 500+ CGI central
market system experts across the globe.
With more than 40 years of experience supporting the
transformation of utilities globally, CGI is partner to 450+
utility providers in the electricity, water and natural gas
sectors, including 8 of the top 10 utilities in Europe and North
America.
Learn more about CGI's central market system, and read Fingrid's
press announcement on the project.
About CGI
Founded in 1976, CGI is among
the largest independent IT and business consulting
services firm in the world.
With 73,000 professionals across the globe, CGI delivers
an end-to-end portfolio of capabilities, from IT and business
consulting to systems integration, outsourcing services
and intellectual property solutions. CGI works with clients
through a local relationship model complemented by a global
delivery network that helps clients digitally transform
their organizations and accelerate results. With annual
revenue of C$10.8 billion, CGI
shares are listed on the TSX (GIB.A) and the NYSE
(GIB). Learn more at www.cgi.com.
Forward-looking information and statements
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adverse effect on our financial position, financial performance,
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SOURCE CGI Group Inc.