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News : SNC-Lavalin and CGI Sign IT Outsourcing Agreement
Montréal, Quebec, Canada, May 11, 2016 -- SNC-Lavalin (TSX:SNC) and CGI (TSX: GIB.A) (NYSE: GIB) are pleased to jointly announce a twelve-year Information Technology (IT) outsourcing agreement. SNC-Lavalin will outsource the majority of its technology management and application needs, leveraging CGI’s global scale, best practices in IT modernization and track record of delivering continuous improvement across processes, technology and operations.
SNC-Lavalin will retain responsibility for its IT strategy, cybersecurity, as well as the development of applications linked to the company’s core business. Under the agreement, 400 IT positions in over 25 countries will join CGI.
"This will enable us to reinvest to improve our competitiveness in the global engineering and construction marketplace," explained Neil Bruce, President and Chief Executive Officer, SNC-Lavalin. "It is the first of many business improvement initiatives that will be completed as part of our Operational Excellence approach, which we launched at the end of March. Designed to improve our efficiency and execution, it will enable us to focus on what we do best — leveraging our global engineering and construction expertise to deliver on our clients’ specific needs."
"At CGI, we are committed to helping clients succeed. This transformational outsourcing partnership aligns with this commitment and the growing demand for organizations to reduce operating costs in order to invest in the areas that their customers value most. Our work with SNC-Lavalin will further optimize and improve their IT operations, while helping them achieve their business goals," explained Michael E. Roach, President and Chief Executive Officer, CGI.
"We are pleased to have found a strong partner in another Quebec-based, global leader that is also recognized for delivering significant value to its clients. Our collaboration is a testament to the international competitiveness of Canada’s services industries, such as engineering & construction and IT services," said Dale Clarke, Executive Vice-President, Integrated Management Systems, SNC-Lavalin. SNC-Lavalin IT employees will join CGI in accordance with their respective country legislative and administrative processes.
Posted by Veronica Silva Cusi, news correspondent
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About CGI Group:
At CGI, we are in the business of satisfying clients. For more than 35 years, we've partnered with U.S. defense, civilian and intelligence agencies to support their mission-essential needs at every stage of program, product and business lifecycle. As a global leader in information technology, our portfolio of services is customizable to meet the unique needs of our federal clients. We deliver end-to-end services and solutions including application management, infrastructure management, systems integration and consulting, business process services, and cloud computing.
About SNC-Lavalin O&M:
At SNC-Lavalin O&M, we provide solutions that optimize every aspect of your facility and asset operations. This means you can concentrate on what makes you a leader. We work closely with you to develop innovative solutions tailored to your needs. We deliver the expertise, efficiency and reliability you require to realize the benefits of outsourced operations and maintenance. We work with Canada’s leaders in industries such as telecommunications, transportation, distribution and real estate in both the public and private sectors. Many of our partners have extended and renewed our contracts. In projects ranging from real estate facilities to highly sophisticated plants and mission-critical installations, we have proven our exceptional capacity to enhance the effectiveness of assets and resources. We also establish and manage completely self-sufficient remote sites to support your operations anywhere in the world.
Published: Thursday, May 12, 2016