FAIRFAX, VA, Nov. 16, 2016 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) today announced the renewal of a contract with the Wyoming State Auditor's Office for hosting and maintenance of the state's financial and human resource/payroll systems. The contract extension, valued at US$63.9 million, includes a technology upgrade and continued utilization of CGI's Managed Advantage services, an enterprise resource planning (ERP) system and support service used by the state since 2002.
"The State Auditor's Office, together with CGI, worked hard to find areas of operational improvement and efficiencies to reduce Wyoming's costs in order to meet the mandatory budget reductions due to the decrease in mineral revenues," said Wyoming State Auditor Cynthia Cloud. "We were able to work together and meet this challenge."
Under the revised agreement, system upgrade costs are spread over 12 years creating affordable predictive costs for the state as it experiences budget constraints. CGI has managed Wyoming's financial management systems and human resources and payroll systems for more than two decades. In 2012, CGI migrated the state to CGI private cloud based Managed Advantage offering. CGI's Managed Advantage solutions provides Wyoming with secure day-to-day ERP operations management, including application maintenance, technical and functional upgrades, disaster recovery services and client support.
"We are proud to offer ongoing solutions and services that will allow state departments and employees to maximize efficiency and reduce administrative burdens," said Dave Delgado, Senior Vice-President, CGI. "Our Managed Advantage solution for Wyoming allows the system to do the work, and will continue to save time, reduce manual data entry and processing, and help the state more effectively perform vital financial and human resource/payroll management functions."
CGI's ERP expertise is built on decades of delivering solutions built for the unique needs of state and local governments. CGI has been active in government financial management for more than 40 years, with ERP solutions that manage in excess of $700 billion. Recently, six of the last eight U.S. states to move forward with ERP modernizations chose to partner with CGI, which has launched 14 successful statewide systems in the past 30 months.
"Wyoming is a pioneer in cloud-based ERP and we are proud to continue our trusted partnership with the state," said Daniel Keene, Senior Vice-President of CGI's Advantage program. "CGI's ability to control all aspects of our cloud-based, built-for-government ERP offering—including application software, integration services and cloud infrastructure services—continues to differentiate us in the market. Wyoming benefits from our CGI Advantage solution to drive necessary digital transformation projects for their citizens while managing their downsized budget."
About 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 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: www.cgi.com.
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SOURCE CGI Group Inc.