STOCKHOLM, SWEDEN--(Marketwired - Feb. 4, 2014) - CGI (GIB)(TSX:GIB.A) has signed a new agreement with the Swedish Transport Administration (Trafikverket) to modernize 11,000 workplaces in 120 locations across Sweden, including workplace computers, hardware, e-mail, digital meeting services and more. The estimated value of the five-year agreement with a two year option period is 500 million SEK (approx. CAD $85 million).
Part of the Swedish Transport Administration's overall IT sourcing strategy, the modernization initiative is designed to drive efficiencies, productivity and cost savings. CGI will provide comprehensive modernization and operation services, including an initial project to upgrade all workplaces to Windows 8.1. CGI will assume responsibility for the agency's workplace IT services immediately.
"By outsourcing its workplace IT services, the Swedish Transport Administration will benefit from the capabilities and innovation of CGI experts in Sweden and across the globe," said Bengt-Göran Kangas, vice president of CGI's public sector work in Sweden. "We're delighted the agency has chosen to expand our existing partnership to cover this critical initiative, and we look forward to delivering the expected business outcomes."
The Swedish Transport Administration is responsible for the long-term planning of Swedish transport systems, as well as state road networks and the country's national railway network. Headquartered in Borlänge, it has 6,500 employees.
CGI previously announced another agreement with Trafikverket on January 23, 2014, to deliver comprehensive application management and development services, with an estimated total contract value of 1.3 billion SEK (approx. CAD $220 million) over a four-year base with a two plus one year option period.
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, infrastructure management as well as a wide range of proprietary solutions. With annualized revenue in excess of C$10 billion and an order backlog exceeding C$19 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.
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