CGI to Operate City of Norfolk's ERP System in the Cloud
(Marketwire Via Acquire Media NewsEdge) FAIRFAX, VIRGINIA -- (Marketwire) -- 12/18/12 --
CGI Group Inc. (TSX: GIB.A)(NYSE: GIB), a leading provider of information technology and business process services, today announced that the City of Norfolk, VA will transition operation of its enterprise resource planning (ERP) system to the CGI Advantage™ cloud, operating in CGI's secure data center. The contract is valued at US$19.9M over nearly 12 years.
A client since 1978, the City of Norfolk utilizes CGI's built-for-government CGI Advantage ERP solution. Under the new contract, CGI will host the system and securely manage day-to-day operations under its Managed Advantage program, which includes application maintenance, technical upgrades, disaster recovery services, and client support. The City will benefit from a single point of accountability for software, services, and hosting as well as a predictable cost over the contract term for product upgrades, infrastructure, and maintenance.
"In addition to improved system stability, our ERP users will benefit from the availability of new functionality as part of the upgrade embedded in our transition to Managed Advantage," said David Sullivan, Director of Information Technology, City of Norfolk, VA. "CGI provided us with compelling reasons to make the shift to the cloud - reduced risk around system reliability and disaster recovery, access to CGI's economies of scale that will save the City money over the contract term, and the ability to avoid future staffing challenges, particularly when it's time to implement upgrades."
CGI's Managed Advantage cloud-based program reduces total cost of ownership by eliminating the need for clients to purchase and maintain dedicated hardware and software. The Managed Advantage program supports states, counties and cities across the U.S., including Colorado, Maine, Wyoming, Wake County, NC, and the City of Tucson, AZ.
"Managed Advantage offers government organizations ready access to CGI's ERP expertise and services at a predictable cost," said Larry Honarvar, Vice-President of CGI's Managed Advantage program. "We're pleased to provide the City of Norfolk with a more efficient and effective ERP solution through our Managed Advantage program."
Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. With approximately 72,000 professionals located in offices and global delivery centers in the Americas, Europe and Asia Pacific, CGI offers 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. Further to the recent completion of the Logica acquisition, CGI's annualized revenue is approximately C$10.4 billion, with an estimated order backlog of approximately C$17.6 billion; CGI's shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in the FTSE4Good Index. Website: www.cgi.com.
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 section 138.3 and following of the Ontario Securities Act. 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 Report on Form 4X-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), 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. You will find more information about the risks that could cause our actual results to differ significantly from our current expectations in the Risks and Uncertainties section.
Senior Vice-President, Global Communications and
Vice-President, US Communications
Source: CGI Group Inc.
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