Credit: Shutterstock photoInformation technology company CGI Group Inc.GIB entered into a partnership with Unit4, a rapidly evolving leader in enterprise applications for service organizations. Under the collaboration, CGI will offer systems integration services to clients implementing Unit4 Business World Enterprise Resource Planning (ERP).
Unit4 and CGI have been collaborating successfully for quite some time, and this partnership is a step toward a long-term, strategic relationship. In the initial phase, CGI plans to focus on public sector industries in Western Canada.
The agreement will allow CGI to exploit lucrative opportunities in the mid-market of the ERP space. The collaboration will provide a comprehensive offering for end-to-end ERP solutions: including planning, pre-implementation, training, integration, legacy data migration, software implementation, and long-term support.
The partnership will further build up Unit4's strong partner ecosystem across North America and boost its global professional services capacity, as it capitalizes on CGI's rich experience in ERP systems implementations.
The partnership can unlock great value for CGI as well. It will get access to the readily adaptable Business World technology on which it can rapidly build/change applications and services. It also gets access to ERP solutions that run on premise or in the cloud. This will allow CGI to generate reusable value-add developments, which will be significant in digital transformation play and the future economics of volume supply.
Notably, CGI Group is the fifth largest independent IT and business process services firm globally. It provides a comprehensive range of IT services and solutions that help clients stay ahead of the curve in a fast-evolving and competitive business scenario.
CGI currently holds a Zacks Rank #4 (Sell). Some better-ranked stocks in the computer services industry that are worth a look include Ebix Inc. EBIX , Lionbridge Technologies Inc. LIOX and NCI, Inc. NCIT , each sporting a Zacks Rank #2 (Buy).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
