1. CGI awarded contract by Texas DIR for software solutions. 2. Contract enhances digital transformation across Texas governmental agencies. 3. Offers SaaS solutions including CGI Advantage and CGI Transcend. 4. Contract effective immediately with wide-reaching governmental applications. 5. Strengthens CGI's long-standing partnership with Texas government.
FAQ
Why Bullish?
The contract signifies a solid revenue stream and further establishes CGI's market presence.
How important is it?
The contract is a significant milestone, likely influencing future revenue and growth.
Why Long Term?
Long-term improvements in sales and operational support expected from this contract.
Related Companies
CGI Awarded Contract by Texas Department of Information Resources
CGI (NYSE: GIB) (TSX: GIB.A), a leading global technology and professional services firm, has secured a significant contract with the Texas Department of Information Resources (DIR). This contract enables CGI to provide commercial off-the-shelf (COTS) software and comprehensive services tailored for state and local governments through DIR's Cooperative Contracts Program.
Overview of the Contract
The new agreement allows CGI to supply a range of software solutions aimed at enhancing digital transformation, data integration, and citizen engagement within the public sector. Notable offerings include:
- CGI Advantage®: A SaaS enterprise resource planning (ERP) solution facilitating core governmental operations such as finance, human resources, budgeting, and procurement.
- CGI Transcend™: A specialized SaaS case management solution designed for health and human services agencies, aimed at improving service delivery, collaboration, and data-driven decision-making.
Alongside its software products, CGI will offer a wide array of related services. These include implementation, configuration, project management, business analysis, and ongoing technical support.
Strengthening Partnerships in Texas
Jaclyn Beerens, Vice-President of Consulting Services at CGI, emphasized the importance of this contract: "CGI is deepening its long-standing partnership with the State of Texas through this DIR cooperative contract. Texas has been at the forefront of government innovation, and we're committed to supporting that leadership. With CGI Advantage and CGI Transcend, we're helping Texas agencies modernize their operations, enhance transparency, and deliver the efficient, constituent-focused services that Texans expect and deserve."
Immediate Availability for Eligible Organizations
The contract is effective immediately, allowing eligible public sector organizations to procure CGI’s solutions directly via this DIR contract. The eligible entities include:
- Texas state agencies
- Local governments
- Public education institutions
- Other public entities within Texas
- Eligible public entities outside Texas with cooperative purchasing agreements with DIR
It is important to note that resellers are not permitted under this contract.
About CGI and DIR
Founded in 1976, CGI is one of the largest independent technology and professional services firms globally. The company boasts a team of approximately 94,000 consultants and professionals, delivering a comprehensive range of services from strategic IT and business consulting to systems integration and managed IT services. CGI reported a revenue of CA$15.91 billion for Fiscal 2025, with its shares traded on both the TSX (GIB.A) and NYSE (GIB).
The Texas Department of Information Resources (DIR) is committed to serving the Texas government by leading the state's technology strategy while offering innovative solutions across all government levels.
For more information on this contract and CGI's offerings, visit CGI’s official page.