NEWS RELEASE TRANSMITTED BY Marketwired
FOR: CGI Group Inc.
TSX SYMBOL: GIB.A
NYSE SYMBOL: GIB
AUGUST 21, 2014
Two U.S. states successfully go-live with major financial system modernizations
CGI Advantage(R) ERP powers Colorado, West Virginia to process nearly $5
billion in transactions in first month of operations
FAIRFAX, VIRGINIA--(Marketwired - Aug. 21, 2014) - CGI (NYSE:GIB)(TSX:GIB.A)
today announced that the states of Colorado and West Virginia have successfully
launched new financial management systems utilizing the unique
built-for-government capabilities of its CGI Advantage enterprise resource
planning (ERP) solution.
In the Rocky Mountain state, the Colorado Operations Resource Engine (CORE)
replaces a legacy 22-year old accounting system that was written in COBOL with
outdated green screen technology. The new accounting system integrates budget
and purchasing functions, allowing the State to replace multiple aging and
redundant systems with a single source of reliable and transparent fiscal data
for the majority of the state's financial operations. CGI provides full
managed services for the state and U.S.-based hosting.
"CORE will help Colorado departments and agencies reach new levels of
efficiency and effectiveness," said Kathy Nesbitt, Executive Director of
the Colorado Department of Personnel & Administration. "It's a
transformative solution that will serve our citizens for years to come and I
applaud the outstanding work of our state team and CGI."
In West Virginia, Our Advanced Solution with Integrated Systems (wvOASIS)
replaces more than 100 outdated business applications, many over 20 years old.
wvOASIS supports a wide range of business functions, including financial, human
resources, payroll, and procurement management and standardizes core processes
to improve statewide access to information and reporting.
"We are proud to be the technology partner for CORE and wvOASIS and
applaud the tremendous efforts of both teams for reaching these significant
milestones," said Daniel Keene, Senior Vice President, Advantage Program,
CGI. "CGI Advantage continues to prove that our built-for-government
solution reduces implementation risk and provides best value to our clients. We
are committed to delivering high quality solutions for our growing user
community, including Colorado and West Virginia, while reducing total cost of
ownership, providing more efficient government operations, and continuing to
drive innovation in our clients' ERP programs."
CGI has more than 37 years of ERP software and service delivery for federal,
state and local governments, and has implemented more than 400 government ERP
systems, including those in Massachusetts, Kentucky, Alabama, Alaska, Arizona,
Colorado, and West Virginia. Recently, six of the last seven states to move
forward with ERP modernizations chose CGI as their technology partner, and two
of the nation's most populous local jurisdictions -- New York City and Los
Angeles County - also utilize ERP systems powered by CGI.
Founded in 1976, CGI Group Inc. is the fifth largest independent information
technology and business process services firm in the world. Approximately
68,000 professionals serve thousands of global clients from offices and
delivery centers across the Americas, Europe and Asia Pacific, leveraging 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.
With annual revenue in excess of C$10 billion and an order backlog of
approximately C$19 billion, CGI shares are listed on the TSX (GIB.A) and the
NYSE (GIB). Website: www.cgi.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Senior Vice-President, Global Communications and
Vice-President, US Communications, CGI
INDUSTRY: Aerospace and Defense - Electronics and Communications, Computers
and Software - Networking, Government - Security (law enforcement, homeland
-0- Aug/21/2014 12:31 GMT
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