Capgemini

Capgemini
Name	Capgemini
Type	Société Anonyme
Traded as	Euronext: CAP, CAC 40 component
Industry	IT services, IT consulting
Founded	1 October 1967
Founder	Serge Kampf
Hq location	Paris, France
Area served	Worldwide
Key people	Paul Hermelin (Chairman), Aiman Ezzat (CEO)
Num employees	340,400 (2023)
Revenue	▲ €22.5 billion (2023)

Capgemini is a global leader in consulting, digital transformation, technology, and engineering services. The group is headquartered in Paris and operates in more than 50 countries, with a significant workforce in key markets like India and the United States. It is listed on the Euronext Paris stock exchange and is a constituent of the CAC 40 index, serving a vast portfolio of clients across the public and private sectors.

History

The company was founded in Grenoble, France, in 1967 by Serge Kampf as Sogeti. Initially focused on information technology and data processing, it adopted the Capgemini name in 1975 following a merger with the CAP company. A major strategic shift occurred in the late 1980s with the acquisition of the American consulting firm D. Appleton Company, marking its expansion into management consulting. The pivotal moment in its growth was the landmark acquisition of the consulting and technology services division of Ernst & Young in 2000, which dramatically increased its scale and capabilities in North America. Further transformative deals included the purchase of iGate in 2015 and Altran in 2020, solidifying its position in digital services and engineering.

Services and operations

Capgemini's portfolio is organized around several core service lines, including Strategy and Transformation Consulting, Application Development and Maintenance, and Cloud Infrastructure Services. Its operations are heavily focused on enabling digital transformation for clients through expertise in areas like artificial intelligence, data analytics, and cybersecurity. The group operates a global delivery network, with major centers in locations like India, Poland, and Brazil, to provide scalable technology solutions. It serves key industries such as financial services, manufacturing, consumer products, and the public sector, working with organizations like AXA, Volvo, and the European Commission.

Corporate structure

The organization is led by a Board of Directors chaired by Paul Hermelin, with Aiman Ezzat serving as Chief Executive Officer. Its operations are divided into several strategic business units, including Capgemini Invent for consulting, and Capgemini Engineering. Geographically, it is structured into major regions such as North America, Northern Europe, and Asia-Pacific. The company fosters innovation through dedicated networks like the Applied Innovation Exchange and partnerships with academic institutions such as the Massachusetts Institute of Technology.

Financial performance

For the fiscal year 2023, Capgemini reported revenues of €22.5 billion, demonstrating consistent growth driven by demand for digital transformation services. Its operating margin remains a key financial metric, reflecting the profitability of its consulting and technology offerings. The company's financial results are closely watched by investors on the Euronext Paris, and its performance influences its standing within the CAC 40. Shareholder returns are managed through a structured dividend policy and occasional share buyback programs.

Acquisitions and divestments

The group's growth strategy has been heavily acquisition-led, with the takeover of Ernst & Young Consulting in 2000 being a historic milestone. The $4 billion acquisition of iGate significantly bolstered its footprint in the United States and in offshore outsourcing. Its largest deal to date was the purchase of Altran Technologies, a leader in engineering and R&D services, for approximately €3.6 billion. Earlier strategic moves included integrating firms like Sogeti and the D. Appleton Company, while it has also divested non-core assets, such as its AXA insurance joint venture.

Corporate social responsibility

Capgemini's corporate responsibility framework emphasizes environmental sustainability, with commitments to achieve net-zero emissions across its operations by 2030. The company runs extensive programs for digital inclusion and education, often in partnership with organizations like the United Nations. Its diversity and inclusion initiatives focus on increasing the representation of women in technology roles and fostering an inclusive workplace culture. Employee volunteering and pro bono consulting for social enterprises and NGOs are central to its community engagement efforts.

Category:Companies listed on Euronext Paris Category:Information technology consulting firms Category:Companies based in Paris Category:Multinational companies headquartered in France