CGI Inc. provides information technology and business process services across Western and Southern Europe, the United States, Canada, Scandinavia, Northwest and Central-East Europe, the United Kingdom, Australia, Germany, Finland, Poland, the Baltics, and the Asia Pacific. Its offerings include end-to-end services and solutions such as business and strategic IT consulting, systems integration, managed IT and business process services, and application services. The company also provides infrastructure services and intellectual property business solutions. It serves industries including banking and capital markets, communications and media, energy and utilities, government, health, insurance, life sciences, manufacturing, retail and consumer services, space, transportation, and logistics. Formerly known as CGI Group Inc., it changed its name to CGI Inc. in January 2019. CGI Inc. was founded in 1976 and is headquartered in Montreal, Canada.
CGI expands AI and cloud offerings through new products and partnerships
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New AI-powered IT modernization offering for federal agencies CGI Federal launched an AI tool that helps government agencies modernize old computer systems faster. This new product could win more contracts and grow revenue, pushing GIB's price up.
This is a new product that directly expands CGI's addressable market and revenue potential.
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CGI research shows AI adoption outpacing enterprise readiness CGI's study finds companies want AI but lack strategy and talent. This creates demand for CGI's consulting, but cost pressures and talent shortages could limit how fast clients adopt, making the net effect uncertain.
It highlights both a demand opportunity and execution risks that could affect CGI's growth.
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CGI and NetApp deepen alliance for hybrid cloud and AI CGI expanded its partnership with NetApp to offer better cloud storage and AI services. This should attract more clients and increase demand for CGI's managed services, supporting the stock.
The partnership strengthens CGI's service offerings and could drive revenue growth.
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CGI's Insula platform supports ESA's AI-driven Earth observation mission CGI's technology is used in a European Space Agency mission, showcasing its AI and data capabilities. This enhances CGI's reputation and could lead to more public-sector contracts, boosting the stock.
It demonstrates CGI's technological leadership and opens doors to new contracts.
Q2 2026
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CGI expands AI and cloud offerings through new products and partnerships
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New AI-powered IT modernization offering for federal agencies CGI Federal launched an AI tool that helps government agencies modernize old computer systems faster. This new product could win more contracts and grow revenue, pushing GIB's price up.
This is a new product that directly expands CGI's addressable market and revenue potential.
◆
CGI research shows AI adoption outpacing enterprise readiness CGI's study finds companies want AI but lack strategy and talent. This creates demand for CGI's consulting, but cost pressures and talent shortages could limit how fast clients adopt, making the net effect uncertain.
It highlights both a demand opportunity and execution risks that could affect CGI's growth.
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CGI and NetApp deepen alliance for hybrid cloud and AI CGI expanded its partnership with NetApp to offer better cloud storage and AI services. This should attract more clients and increase demand for CGI's managed services, supporting the stock.
The partnership strengthens CGI's service offerings and could drive revenue growth.
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CGI's Insula platform supports ESA's AI-driven Earth observation mission CGI's technology is used in a European Space Agency mission, showcasing its AI and data capabilities. This enhances CGI's reputation and could lead to more public-sector contracts, boosting the stock.
It demonstrates CGI's technological leadership and opens doors to new contracts.
News & notes movingGIB
United StatesCanada
Quantum Computing▲
D-Wave Quantum and CGI Partner to Bring Advantage2 to Enterprise Clients
D-Wave Quantum and CGI announced a new partnership to promote quantum computing adoption across enterprise customers. The collaboration brings D-Wave's Advantage2 system and hybrid solvers into CGI's services for sectors including logistics, transportation and retail, with both parties aiming to move beyond research use cases toward commercial projects for corporate clients. The CGI partnership for D-Wave's Advantage2 and hybrid solutions is only one part of the wider investment story, and the article notes that its analysis turns up 2 warning signs for D-Wave Quantum as well. D-Wave Quantum develops and sells quantum computing hardware, software, and related services, positioning the group as a specialist infrastructure provider rather than a general-purpose software vendor. The article also cites a $35.24 fair value for D-Wave Quantum and notes that many reference customers are still stuck in proof-of-concept mode while losses continue to widen.
QBTS · Demand · Positive D-Wave's Advantage2 and hybrid solvers will be brought into CGI's enterprise services, a concrete commercial adoption deal.
QBTS · Capital · Negative Article notes D-Wave's losses continue to widen and many reference customers remain stuck in proof-of-concept mode.
GIB · Demand · Positive CGI partners with D-Wave to offer quantum computing services to its enterprise clients, expanding its commercial service offerings.
CGI Inc. announced the pricing of a C$500M private placement of Canadian dollar-denominated senior unsecured notes across two tranches. The offering comprises C$250M of 3.25-year notes bearing an annual interest rate of 4.195%, and C$250M of 4.75-year notes bearing an annual interest rate of 4.484%. CGI expects net proceeds of approximately C$497.3M after deducting agents' fees and estimated offering expenses, with the funds earmarked to repay existing debt and for general corporate purposes. The agency-basis private placement is led by Scotia Capital Inc., Desjardins Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., RBC Dominion Securities Inc., and TD Securities Inc. The offering is expected to close on or about September 14, 2026.
CGI and AgVantis announce strategic technology services agreement
CGI and AgVantis announced a long-term strategic partnership to help modernize technology across the U.S. Farm Credit System. CGI will provide cloud, application development, data analytics, and AI-ready data platform services to support AgVantis' technology strategy.
Cloud & Digital Infrastructure › Data Platforms & Analytics ▲Demand
Cloud & Digital Infrastructure › Horizontal SaaS ▲Demand
AgVantis, Inc. · Technology · Positive AgVantis partners with CGI to modernize its technology, gaining access to cloud, AI, and data analytics services to enhance its offerings.
GIB · Demand · Positive CGI secures a long-term strategic partnership to provide technology services to AgVantis, expanding its client base and revenue stream.
CGI launches Mosaic financial management system for Massachusetts
CGI has successfully launched Mosaic, the Commonwealth of Massachusetts' new cloud-based statewide financial management system, as part of the Massachusetts Business Enterprise Systems Transformation Program. Built on CGI Advantage, Mosaic replaces legacy infrastructure with a SaaS-based solution designed to improve efficiency, transparency, and data-driven decision-making across government operations. The platform introduces integrated workflows, self-service capabilities, and enhanced enterprise reporting to reduce manual processes and provide greater visibility into the Commonwealth's financial ecosystem. The launch marks a major milestone in the long-standing partnership between CGI and the state, which has spanned decades of financial systems support.
Cloud & Digital Infrastructure › Horizontal SaaS ▲Competition
GIB · Technology · Positive CGI successfully launched Mosaic, a new cloud-based financial management system for Massachusetts, showcasing its technology and product capabilities.
CGI and NetApp Deepen Alliance to Modernize IT Infrastructure
CGI and NetApp have deepened their global alliance to modernize IT infrastructure and improve data management. Under the partnership, NetApp Keystone will power CGI's block storage solutions within its shared service platform, offering a subscription-based service that adapts to changing business needs and helps customers accelerate critical block workloads. The storage solution includes built-in security with real-time threat detection, protection, and recovery. The companies also plan to advance artificial intelligence across private, public, and hybrid cloud environments, aiming to help clients build an intelligent data infrastructure supported by scalable storage capabilities.
NetApp Launches StorageGRID 12.1 and Expands CGI Keystone Alliance
NetApp released StorageGRID 12.1 with a federated global namespace for AI workloads and announced that CGI Inc. will use NetApp Keystone for block storage solutions. The updates reinforce NetApp's AI and subscription narratives but do not fundamentally change near-term catalysts around converting AI wins into scaled deployments. The CGI Keystone expansion ties subscription-based storage to real-world AI modernization projects across hybrid clouds, which could grow higher-margin cloud revenue while also weighing on near-term cash flows if the mix shift accelerates. NetApp's narrative projects $8.3 billion in revenue and $1.7 billion in earnings by 2029, with a fair value estimate of $171.75 per share.
Cloud & Digital Infrastructure › Enterprise Data Storage Systems Technology
Artificial Intelligence › AI Tooling, Data & MLOps Technology
NTAP · Technology · Positive Launched StorageGRID 12.1 with federated global namespace for AI workloads, reinforcing AI narrative.
NTAP · Capital · Neutral CGI Keystone expansion may grow higher-margin cloud revenue but weigh on near-term cash flows if mix shift accelerates.
GIB · Demand · Positive CGI will use NetApp Keystone for block storage solutions, expanding subscription-based storage tied to AI modernization projects.
NetApp launches StorageGRID 12.1 and expands CGI hybrid cloud partnership
NetApp has released StorageGRID 12.1, introducing federated global namespaces and higher throughput to support large-scale, distributed AI operations, and expanded its global alliance with CGI to deliver intelligent data infrastructure across hybrid cloud environments. The update targets enterprises managing growing volumes of unstructured data across regions and platforms, while the broadened CGI relationship connects NetApp's storage stack with wider digital transformation and managed services projects. These developments position NetApp as a supplier of building blocks for AI training, inferencing, and data governance across private, public, and hybrid clouds.
Cloud & Digital Infrastructure › Enterprise Data Storage Systems ▲Technology
Artificial Intelligence › AI Tooling, Data & MLOps Technology
NTAP · Technology · Positive Launched StorageGRID 12.1 with federated global namespaces and higher throughput for AI operations, enhancing product capabilities.
NTAP · Demand · Positive Expanded CGI partnership connects NetApp's storage stack with digital transformation projects, driving customer demand.
GIB · Demand · Positive Expanded alliance with NetApp positions CGI to deliver intelligent data infrastructure projects, boosting demand for its services.
CGI's Insula platform supports AI-driven Earth observation in ESA's Φsat-2 mission
CGI is supporting the European Space Agency's Φsat-2 mission with its Insula platform, which serves as a key enabler of artificial intelligence-driven advancements in Earth observation. Developed by CGI's team in Italy, Insula processes and harmonizes large volumes of satellite data, enabling advanced analytics such as trend detection, anomaly monitoring and predictive modelling. For the Φsat-2 mission, the platform provides calibrated and geolocated datasets to scientific communities and AI application providers. Open to the public since June 2025, Insula has enabled more than 3,000 users to access satellite mission data and delivered over 10,000 multispectral images. The Φsat-2 mission explores how AI running directly onboard can enhance Earth observation capabilities, enabling real-time functions such as cloud detection, maritime vessel detection, and fire detection for emergency response.
Space Economy › Earth Observation & Geospatial Data ▲Technology
Artificial Intelligence › AI Applications & Copilots Technology
Artificial Intelligence › Edge & On-device AI Silicon Technology
GIB · Technology · Positive CGI's Insula platform is a key enabler of AI-driven Earth observation for ESA's Φsat-2 mission, showcasing its technology and public adoption.
CGI and Entersekt Partner to Enhance 3-D Secure Services for Nordic Banks
CGI and Entersekt have partnered to enhance 3-D Secure authentication services for issuing banks in the Nordics, aiming to strengthen fraud prevention while ensuring seamless customer experiences. This collaboration enables CGI in Norway to offer Entersekt's cloud-based 3DS Access Control Server, implementing advanced authentication technologies such as biometrics and adaptive risk-based decisioning. Norion Bank in Sweden is the first to implement this solution as part of its transition to CGI's PayPartner360 platform. The initiative emphasizes flexibility, allowing banks to adopt the 3DS solution independently of their existing card systems, thereby modernizing authentication services without significant infrastructure changes.
CGI and NetApp deepen global alliance to power hybrid cloud and AI initiatives
CGI and NetApp have expanded their global alliance, with NetApp Keystone now powering CGI's block storage solutions within its shared services platform. The partnership combines NetApp's intelligent data infrastructure and scalable storage with CGI's expertise in digital transformation, cloud, AI, and managed services to help organizations modernize IT environments, improve data management, and advance AI initiatives across private, public, and hybrid clouds. NetApp Keystone provides a flexible subscription-based service for critical block workloads, offering industry-leading performance, intelligent data management, high availability, and built-in security with real-time threat detection. CGI will deliver services on behalf of NetApp, while NetApp will partner with CGI to deliver enterprise-grade data and storage services, enabling flexible, consumption-based solutions for joint clients across industries.
Cloud & Digital Infrastructure › Enterprise Data Storage Systems ▲Competition
Artificial Intelligence › AI Tooling, Data & MLOps Technology
NTAP · Demand · Positive NetApp's Keystone storage is adopted by CGI for its shared services platform, expanding NetApp's reach and customer base through CGI's client relationships.
GIB · Demand · Positive CGI deepens alliance with NetApp, expanding its service offerings and access to NetApp's storage solutions, likely boosting demand for CGI's managed services.
AI ambition is outpacing enterprise readiness, CGI global research finds
CGI's annual global research finds that AI ambition and adoption are outpacing enterprise readiness, with GenAI implementation rising 30 percentage points over two years and 62% of organizations now applying AI to core processes. However, only 40% have an enterprise AI strategy, just 20% extend it across their broader ecosystem, and only 51% quantify AI adoption results. The study, based on interviews with over 1,800 executives, also shows that 70% cite tech and digital acceleration as the most impactful macro trend, while 52% prioritize data sovereignty and local cloud strategies. Cost pressure remains the top constraint, 45% say legacy systems challenge data and AI strategies, and nearly 70% report difficulty recruiting IT talent, with 52% indicating talent shortages materially impact execution capacity.
Artificial Intelligence › AI Tooling, Data & MLOps ▲Demand
Artificial Intelligence › AI Applications & Copilots Demand
Cloud & Digital Infrastructure › Data Platforms & Analytics Demand
Cloud & Digital Infrastructure › Horizontal SaaS Demand
Artificial Intelligence › AI Compute Cloud & Neoclouds ▲Demand
Cloud & Digital Infrastructure › Observability & DevOps Demand
GIB · Demand · Neutral CGI's own research shows AI adoption rising but enterprise readiness lagging, which could drive demand for CGI's consulting services, but also highlights challenges like cost pressure and talent shortages that may constrain growth.
CGI Federal launches AI-powered IT modernization offering for federal agencies
CGI Federal has launched an AI-powered IT modernization offering that gives federal agencies rapid insight into complex legacy systems. The offering is powered by CGI Federal's proprietary Yukon digital workforce platform and runs on Amazon Web Services. It can analyze decades of fragmented code and missing documentation to produce modernization roadmaps, software bills of materials, and impact analyses in hours instead of weeks. The company has already used the technology to modernize a mission-critical financial management system, accelerating onboarding and strengthening security.