Capgemini

Last updated

Capgemini SE
Company type Public
ISIN FR0000125338  OOjs UI icon edit-ltr-progressive.svg
Industry Information technology
Consulting
Outsourcing
Founded1 October 1967;57 years ago (1 October 1967)
FounderSerge Kampf
Headquarters
Paris
,
France
Area served
Worldwide
Key people
 Aiman Ezzat (CEO)
Paul Hermelin
(chairman of the board)
RevenueIncrease2.svg €22.5 billion (2023) [1]
Increase2.svg €2.34 billion (2023) [1]
Increase2.svg €1.66 billion (2023) [1]
Total assets Increase2.svg€27.30 billion (2023) [1]
Total equity Increase2.svg €3.7 billion (2023) [1]
Number of employees
338,900 (2024) [2]
Subsidiaries Sogeti
Capgemini Engineering
frog
Cambridge Consultants
Synapse Product Development
Website www.capgemini.com

Capgemini SE is a French multinational information technology (IT) services and consulting company, headquartered in Paris, France. [3]

Contents

History

Capgemini was founded by Serge Kampf in 1967 [4] 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). [5]

In 1974, Sogeti acquired Gemini Computer Systems, an American company based in New York. [6] In 1975, having made two major acquisitions of CAP (Centre d'Analyse et de Programmation) and Gemini Computer Systems, and following the 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. [6]

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. [7]

In 1990 Cap Gemini Sogeti acquired the Hoskyns Group, a major IT outsourcing and managed services company in the UK. [8]

In 1996, the name was simplified to Cap Gemini, and the firm launched a new group logo. All operating companies worldwide were re-branded to operate as Cap Gemini. [6]

Ernst & Young Consulting was acquired by Cap Gemini in 2000. It simultaneously integrated Gemini Consulting to form Cap Gemini Ernst & Young. [9] In 2017, Cap Gemini S.A. became Capgemini SE, and its Euronext ticker name similarly changed from CAP GEMINI to CAPGEMINI. [10]

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. Earlier Capgemini acquisitions included Kanbay for $1.2 billion and iGate for $4 billion. [11]

In 2019, Capgemini acquired Altran, the largest acquisition in the company's history, bringing the total employee count to over 250,000. [12] As part of the acquisition, Capgemini acquired frog design and Cambridge Consultants, which were integrated into Capgemini Invent; several other recent acquisitions in the design and digital space, including staff from Fahrenheit 212, Idean, and June21, have been merged into this group and operate under the frog brand.

In June 2021, Capgemini partnered with Sanofi, Orange & Generali to launch Future4care, a European start-up accelerator focused on digital healthcare. [13] [14] In 2021, Capgemini acquired RXP Services and Acclimation in Australia to expand their operations in Australia. [15] [16] Also in 2021, Capgemini acquired Australian company Empired and its New Zealand subsidiary Intergen. [17]

As of 2024, Capgemini has over 338,000 employees in approximately 50 countries, with around 194,400 in India. [18]

Services

Capgemini Invent

Capgemini Invent Invent Logo 2COL CMYK.jpg
Capgemini Invent

Capgemini Invent was launched in September 2018 as the design and consulting brand of the Capgemini Group. [19] [20] Located in more than 37 offices globally, Capgemini Invent includes more than 10,000 employees. [21] These include staff from frog design, which was acquired as part of the deal whereby Altran became Capgemini Engineering, and now operates as "frog, part of Capgemini Invent." Employees from Fahrenheit 212, Idean, and June21, have been integrated into the frog organization and Capgemini Invent.

Capgemini Engineering

Capgemini's Quantum Lab

Capgemini's Quantum Lab is a quantum computing laboratory set up in 2022 in collaboration with IBM, and will be an authorised IBM Quantum Hub. [22] The facility will be available in the UK, Portugal and India, and will work as research facilities to help build quantum applications. The lab will feature IBM's latest 127-qubit quantum processor, Eagle.

Sogeti

Logo Sogeti-logo-2018.svg
Logo

Sogeti is a wholly owned subsidiary of Capgemini Group. [23] It is an information technology consulting company specialising in technology and engineering professional services.

Management

The Chateau des Fontaines, Chantillly, is used by Capgemini as a conference centre. Les Fontaines, Chantillly, France.jpg
The Château des Fontaines, Chantillly, is used by Capgemini as a conference centre.

The Capgemini Group Executive Committee consists of 27 members. [25] On 20 May 2020, Aiman Ezzat was appointed as the new CEO. He is associated with Capgemini for more than 20 years. [26] From 2005 to 2007, Aiman was Capgemini's Deputy Director of Strategy. [27] 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. [28] [29]

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. [30] In May 2012, Hermelin became chairman and CEO of the Capgemini Group. [31] He succeeded Serge Kampf, who served as the Vice Chairman of the Board until his death on 15 March 2016. [32]

In May 2020, Aiman Ezzat succeeded Paul Hermelin as CEO. Paul Hermelin continues as chairman of the board of directors. [33] [34]

Capgemini and the public sector in France

In December 2022, the consulting firm McKinsey & Company was alleged, amongst other accusations, to have benefitted in France from special access and favorable government treatment, including the awarding of lucrative government contracts. The French media dubbed the scandal the "McKinsey Affair". Subsequently, a French Senate Committee of Inquiry investigated the growing influence of private consulting firms on public policy.

In February 2022 Senator Éliane Assassi questioned each consulting firm on their activities on specific projects. She raised in particular the case of a former employee of the Capgemini group, who had been appointed as head of the Elysée correspondence service. The service subsequently contracted Capgemini to reorganize its digital tools, with the aim of setting up a system to automate mail reading to produce reports. "Is it not embarrassing, from your point of view, that a former employee of Capgemini is responsible for reviewing the correspondence service of the Élysée?", the senator asked. "It is not up to us to have an opinion on who, within the client organization, triggers this type of service", replied Mathieu Dougados, executive director, and he suggested the commission ask the Élysée.

Etienne Grass, director of public sector activities at Capgemini commented "In principle, our employees are not intended to be recruited", and for good reason: "when it happens, it puts us in a complex situation", he admitted. However, the firm makes an exception vis-à-vis the State, by not applying certain contractual clauses which prevent an employee from joining a client, "provided that an ethical framework has been fixed", the director underlined. [35]

In June 2022, Le Monde published a survey of the significant lucrative projects carried out by Capgemini for the French public sector entitled "Consulting firms: Capgemini, the expensive service provider that the State can no longer do without". The name of Etienne Grass, head of the "public sector" market unit of Capgemini Invent since 2017, was mentioned. [36]

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References

  1. 1 2 3 4 5 "Cap Gemini SA, CAP:PAR financials 2023". Capgemini. 14 February 2024.
  2. ↑ "Capgemini Q3 2024 revenues". 30 October 2024.
  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. ↑ "Historic Overview | Our History | Capgemini Worldwide". Capgemini.com. 1 January 2015. Archived from the original on 25 February 2013. Retrieved 30 May 2018.
  5. ↑ "History". Sogeti, provider of technology and engineering services. Retrieved 4 August 2022.
  6. 1 2 3 Gaston-Breton, Tristan. "1967-2007: The Capgemini Saga" (PDF). capgeminiclub.com. Archived from the original (PDF) on 14 January 2014. Retrieved 15 January 2022.
  7. ↑ "Free Trademark Search | Protect Business Name | Incorporate Your Business". Trademarkia. Retrieved 30 May 2018.
  8. ↑ "So farewell then Hoskyns - October 22, 1996". Accountancy Age. 22 October 1996.
  9. ↑ "International Business Capgemini to Acquire Ernst Young Consulting Business". The New York Times . 1 March 2000. Retrieved 30 May 2018.
  10. ↑ "Cap Gemini S.A. becomes Capgemini SE". Thomson Reuters. 2 June 2017. Retrieved 9 November 2019.
  11. ↑ 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.
  12. ↑ "Capgemini and Altran create a global digital transformation leader for industrial and tech companies". capgemini.com. 24 June 2019. Retrieved 29 May 2020.
  13. ↑ Schenker, Jennifer L. (11 June 2021). "Future4Care: Four Corporates Team To Make Europe A Global Leader In E-Health". The Innovator. Retrieved 7 July 2021.
  14. ↑ Tazrout, Zacharie (11 June 2021). "Orange, Generali, Sanofi and Capgemini launch Future4care, a start-up accelerator". Actu IA (in French). Retrieved 7 July 2021.
  15. ↑ "Capgemini completes the acquisition of RXP Services". capgemini.com. 26 March 2021. Archived from the original on 1 January 2022. Retrieved 1 January 2022.
  16. ↑ "Capgemini acquires leading Australian SAP consulting and digital solution provider Acclimation". capgemini.com. 5 July 2021. Archived from the original on 20 July 2021. Retrieved 16 February 2022.
  17. ↑ "Capgemini completes acquisition of cloud transformation and digital services provider, Empired". 16 November 2021.
  18. ↑ "Capgemini Q3 2024 revenues". 30 October 2024. Retrieved 30 October 2024.
  19. ↑ "Capgemini Invent LinkedIn: About". 8 December 2021.
  20. ↑ "Capgemini launches 'Capgemini Invent', a new digital innovation, consulting and transformation global business line". 12 September 2018.
  21. ↑ "About Capgemini Invent". 8 December 2021.
  22. ↑ "Capgemini sets up Quantum lab". 12 January 2022.
  23. ↑ "defence.professionals". defpro.com. Archived from the original on 10 June 2010. Retrieved 22 July 2010.
  24. ↑ "Les Fontaines' estate - Campus Serge Kampf Les Fontaines - Capgemini". Campus Serge Kampf Les Fontaines. Capgemini. Retrieved 30 July 2023.
  25. ↑ "Capgemini Executive Committee". Capgemini Worldwide. 29 May 2020. Retrieved 29 May 2020.
  26. ↑ "Aiman Ezzat appointed new Capgemini CEO". The Economic Times. 21 May 2020.
  27. ↑ "Capgemini: how business can help bridge the digital divide". europe.businesschief.com.[ permanent dead link ]
  28. ↑ SE, Capgemini (20 May 2020). "Capgemini SE: 2020 Combined Shareholder's Meeting – Implementation of the Group's new governance structure". GlobeNewswire News Room (Press release).
  29. ↑ Sharma, Anushree; Ltd, People Matters Media Pvt (21 May 2020). "Aiman Ezzat is the new CEO of Capgemini". People Matters.
  30. ↑ "EIU.com". EIU.com. 1 January 2002. Retrieved 30 May 2018.
  31. ↑ "Paul Hermelin Biography – Capgemini Worldwide". Capgemini.com. 3 July 2013. Retrieved 30 May 2018.
  32. ↑ "Corporate Governance". In.capgemini.com. Archived from the original on 29 June 2017. Retrieved 30 May 2018.
  33. ↑ "Aiman Ezzat becomes CEO of Capgemini". 20 May 2020.
  34. ↑ "Aiman Ezzat appointed new Capgemini CEO". The Economic Times.
  35. ↑ "Des cabinets de conseil confirment au Sénat que la part du secteur public a augmenté dans leur activité". Public Senat (in French). 16 February 2022. Retrieved 8 January 2023.
  36. ↑ Maxime Vaudano (2 July 2022). "Cabinets de conseil : Capgemini, le coûteux prestataire dont l'Etat ne sait plus se passer". Le Monde.fr (in French). Retrieved 9 January 2023.
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