The Group has presented its new Digital Manufacturing service line launched on May 31 dedicated to the digital transformation of the manufacturing sector and its Cloud Choice offering spanning from the development of cloud strategy to the management of hybrid cloud. The Group estimates that the share of its business from innovation, which today includes Digital, Cloud and Cybersecurity, should ultimately represent nearly 40% of its revenues versus 23% in Q1 2016.
Capgemini provided an update on the integration of the US firm IGATE acquired in 2015 which is progressing according to plan. The Group confirmed the synergies presented at the time of the acquisition. Also as announced at the end of Q1 2016, synergies implementation is ahead of plan, notably for cost reductions where the expected annual rate of $40 million has already been reached.
The Group reiterated its objectives for 2016 and confirmed its ambition to achieve a medium-term operating margin of between 12.5% and 13.0% and organic growth of between 5% and 7%.
Presentations used during the event are available on our investor website at: https://www.capgemini.com/investor/events/capital-market-day-2016.
With 180,000 people in over 40 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2015 global revenues of EUR 11.9 billion. Together with its clients, Capgemini creates and delivers business, technology and digital solutions that fit their needs, enabling them to achieve innovation and competitiveness. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model.
Learn more about us at www.capgemini.com.
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