Capgemini

Capgemini SE is a French multinational information technology (IT) services and consulting company. It is headquartered in Paris, France.[3] Capgemini has over 270,000 employees in over 50 countries,[4][5][6] of whom nearly 125,000 are in India.[7][8]

Capgemini SE
TypeSocietas Europaea
ISINFR0000125338
IndustryIT services, IT consulting
PredecessorCAP Group , Gemini computer systems
Founded1 October 1967; 53 years ago (1 October 1967)
FounderSerge Kampf
Headquarters,
Area served
Worldwide
Key people
Aiman Ezzat (CEO)
Paul Hermelin
(Chairman of the Board)
Services
Revenue15.84 billion (2020)[1]
€1.50 billion (2020)[1]
€957 million (2020)[1]
Total assets€21.95 billion (2020)[1]
Total equity€6.11 billion (2020)[1]
Number of employees
270,000 (2020)[2]
SubsidiariesSogeti, Capgemini Engineering, frog, Cambridge Consultants
Websitewww.capgemini.com

HistoryEdit

Capgemini was founded by Serge Kampf in 1967[9] as an enterprise management and data processing company. The company was founded as the Société pour la Gestion de l'Entreprise et le Traitement de l'Information (Sogeti).

In 1974 Sogeti acquired Gemini Computers Systems, a US company based in New York.[10] In 1975, having made two major acquisitions of CAP (Centre d'Analyse et de Programmation) and Gemini Computer Systems, and following resolution of a dispute with the similarly named CAP UK over the international use of the name 'CAP', Sogeti renamed itself as CAP Gemini Sogeti.[10]

Cap Gemini Sogeti launched US operations in 1981, following the acquisition of Milwaukee-based DASD Corporation, specializing in data conversion and employing 500 people in 20 branches throughout the US. Following this acquisition, The U.S. Operation was known as Cap Gemini DASD.[11]

In 1996, the name was simplified to Cap Gemini with a new group logo. All operating companies worldwide were re-branded to operate as Cap Gemini.[10]

Ernst & Young Consulting was acquired by Cap Gemini in 2000. It simultaneously integrated Gemini Consulting to form Cap Gemini Ernst & Young.[12]

In 2017, Cap Gemini S.A. became Capgemini SE, and its Euronext ticker name similarly changed from CAP GEMINI to CAPGEMINI.[13]

In 2019, Capgemini acquired Altran bringing the total employee count to over 250,000. This is the largest acquisition in the company's history.[14]

In July 2020, Capgemini reported that it has been named as a pioneer in Everest Group's Guidewire IT services called "Guidewire Services PEAK Matrix® Assessment 2020 – Setting the Key Phase on Cloud."[15]

Capgemini has acquired numerous companies. In 2018, they acquired the Philadelphia-based digital customer engagement company LiquidHub for US$500 million to assist Capgemini's digital and cloud growth in North America. Its large backend team is based in India. Earlier Capgemini acquisitions included Kanbay for $1.2 billion and iGate for $4 billion.[16]

ServicesEdit

SogetiEdit

 
Logo

Sogeti is a wholly owned subsidiary of Capgemini Group.[17] It is an information technology consulting company specializing in technology and engineering professional services.

ManagementEdit

The Capgemini Group Executive Committee consists of 26 members.[18] On 20 May 2020, Aiman Ezzat was appointed as the new CEO. He is associated with Capgemini for more than 20 years.[19] From 2005 to 2007, Aiman was Capgemini's Deputy Director of Strategy.[20] In November 2007, Ezzat was appointed COO of the Financial Services Global Business Unit, and became its Global Head in December 2008 till 2012. From January 2018 to May 2020, he served as Chief Operating Officer and prior to this as Chief Financial Officer, from December 2012 to 2018.[21][22]

From 2012 to 2020 Paul Hermelin served as the Group Chairman and CEO. He joined Capgemini in 1993 and was appointed as its CEO in 2002.[23] In May 2012, Hermelin became chairman and CEO of the Capgemini Group.[24] He succeeded Serge Kampf, who served as the Vice Chairman of the Board until his death on 15 March 2016.[25]

ReferencesEdit

  1. ^ a b c d e "Cap Gemini SA, CAP:PAR financials 2020". Capgemini.
  2. ^ "Capgemini will implement a squeeze-out on Altran shares 2020". Capgemini.
  3. ^ "Cap Gemini (School of Computer Science – The University of Manchester)". Cs.manchester.ac.uk. 6 July 2010. Archived from the original on 7 September 2009. Retrieved 22 July 2010.
  4. ^ "Company profile & key figures". Capgemini. 27 April 2020.
  5. ^ "Introduction to Capgemini | Capgemini Worldwide". Capgemini.com. Retrieved 30 May 2018.
  6. ^ "Company Profile welcom". Capgemini.com. Retrieved 8 September 2019.
  7. ^ "Capgemini India chief says 65% of IT employees not retrainable". The Times of India. 19 February 2017. Retrieved 30 May 2018.
  8. ^ "Speed at which India adapts has always amazed me: Capgemini CEO".
  9. ^ "Historic Overview | Our History | Capgemini Worldwide". Capgemini.com. 1 January 2015. Retrieved 30 May 2018.
  10. ^ a b c http://www.capgeminiclub.com/images/40-year-book.pdf[permanent dead link]
  11. ^ "Free Trademark Search | Protect Business Name | Incorporate Your Business". Trademarkia. Retrieved 30 May 2018.
  12. ^ "International Business Capgemini to Acquire Ernst Young Consulting Business". Nytimes.com. 1 March 2000. Retrieved 30 May 2018.
  13. ^ "Cap Gemini S.A. becomes Capgemini SE". Thompson Reuters. 2 June 2017. Retrieved 9 November 2019.
  14. ^ "Capgemini and Altran create a global digital transformation leader for industrial and tech companies". capgemini.com. 24 June 2019. Retrieved 29 May 2020.
  15. ^ "Everest Group Names Capgemini a Leader in Guidewire IT Services". businesswire. 21 July 2020. Retrieved 27 July 2020.
  16. ^ Phadnis, Shilpa (6 February 2018). "Capgemini buys US co LiquidHub for $500m, ChrysCap exits with 4X gain". The Times of India. Times News Network. Retrieved 30 May 2021.
  17. ^ "defence.professionals". defpro.com. Archived from the original on 10 June 2010. Retrieved 22 July 2010.
  18. ^ "Capgemini Executive Committee". Capgemini Worldwide. 29 May 2020. Retrieved 29 May 2020.
  19. ^ "Aiman Ezzat appointed new Capgemini CEO". The Economic Times. 21 May 2020.
  20. ^ "Capgemini: how business can help bridge the digital divide". europe.businesschief.com.
  21. ^ SE, Capgemini (20 May 2020). "Capgemini SE: 2020 Combined Shareholder's Meeting – Implementation of the Group's new governance structure". GlobeNewswire News Room.
  22. ^ Sharma, Anushree; Ltd, People Matters Media Pvt (21 May 2020). "Aiman Ezzat is the new CEO of Capgemini". People Matters.
  23. ^ "EIU.com". EIU.com. 1 January 2002. Retrieved 30 May 2018.
  24. ^ "Paul Hermelin Biography – Capgemini Worldwide". Capgemini.com. Retrieved 30 May 2018.
  25. ^ "Corporate Governance". In.capgemini.com. Archived from the original on 29 June 2017. Retrieved 30 May 2018.

External linksEdit