STOCKHOLM, SWEDEN--(Marketwire - Oct. 15, 2012) - Logica, now part of CGI, (TSX:GIB.A)(NYSE:GIB), a leading provider of information technology and business process services, is pleased to announce the launch of Business for Utilities Suite (BFUS), a comprehensive customer care and billing solution designed to help utility companies effectively adapt to new opportunities and changing requirements in the market.
Gävle Energi will be the first utility company in Sweden to implement BFUS, having helped to develop and test the system with Logica over the last two years. In addition, BFUS will be rolled out to an additional 40 utility clients.
BFUS offers a modern user interface, interoperability with other systems, and high efficiency and flexibility in managing contracts, products and prices. Having a flexible information system is becoming increasingly important given the increasing competition in the utility market. To win market share, organisations need to offer the right combination of price and product offerings. They also need to be able to develop new offerings, customise products and price service models faster than ever before.
BFUS also includes effective tools for monitoring various functions, such as case management, to help utility companies improve their control and monitoring of key processes. Through the suite's smart tools, executives can interpret, process and visualise data to help identify trends and improve decision making within the organisation. The suite is built around a service oriented architecture (SOA), which means it is easy to integrate with other systems and databases, such as maps and credit and real estate records.
"We see the implementation of this system as the end of a stimulating and challenging project with Logica and the beginning of a journey for us," said Per Laurell, CEO of Gävle Energi AB. "BFUS is an integral part of our ERP solution and has been well received in the organisation. Our goals at the outset of this project were to increase customer satisfaction, efficiency and business skills and already these have been fulfilled."
"Gävle Energi is a utility company that is evolving and growing.and through involving them from day one, we know we have created a truly unique and innovative product. The project has been handled in close cooperation between the companies, in a very rewarding way for CGI," said Patrik Lemner, Managing Director, Software Business, CGI Sweden. "We are excited by the benefits Gävle Energi has already seen and believe this will transform the utility sector moving forwards."
Founded in 1976, CGI Group Inc. is the sixth largest independent information technology and business process services firm in the world. With approximately 72,000 professionals located in offices and global delivery centers in the Americas, Europe and Asia Pacific, CGI offers a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as more than 100 proprietary solutions. Further to the recent completion of the Logica acquisition, CGI's annualized revenue is approximately $10.4 billion, with an estimated order backlog of approximately $17.7 billion, CGI's shares are listed on the NYSE (GIB) and the TSX (GIB.A) and are included in the FTSE4Good Index. Website: www.cgi.com.
All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements" within the meaning of that term in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, and are "forward-looking information" within the meaning of Canadian securities laws. These statements and this information represent CGI's intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, of which many are beyond the control of the Company. These factors could cause actual results to differ materially from such forward-looking statements or forward-looking information. These factors include but are not restricted to: the timing and size of new contracts; acquisitions and other corporate developments; the ability to attract and retain qualified members; market competition in the rapidly evolving IT industry; general economic and business conditions; foreign exchange and other risks identified in the press release, in CGI's annual and quarterly Management's Discussion and Analysis ("MD&A"), in CGI's Annual Report, in CGI's Annual Report on Form 40-F filed with the U.S. Securities and Exchange Commission (filed on EDGAR at www.sec.gov), and in the Company's Annual Information Form filed with the Canadian securities authorities (filed on SEDAR at www.sedar.com), as well as assumptions regarding the foregoing. The words "believe," "estimate," "expect," "intend," "anticipate," "foresee," "plan," and similar expressions and variations thereof, identify certain of such forward-looking statements or forward-looking information, which speak only as of the date on which they are made. In particular, statements relating to future performance are forward-looking statements and forward-looking.