Capgemini: A Comprehensive Overview
Capgemini is a global leader in consulting, technology services, and digital transformation. Founded in 1967 by Serge Kampf in France, the company has grown into a multinational corporation with a strong presence in over 50 countries. Capgemini specializes in helping organizations navigate their digital transformation journeys, offering services that span strategy, consulting, technology, and operations.
1967: Capgemini was established as Sogeti, focusing on enterprise management and data processing.
1974: The company acquired Gemini Computer Systems, leading to the rebranding as Cap Gemini Sogeti.
1990s: Capgemini expanded its global footprint through acquisitions, including the Hoskyns Group in the UK.
2000: The company merged with Ernst & Young Consulting, forming Cap Gemini Ernst & Young.
2017: Cap Gemini S.A. rebranded as Capgemini SE, reflecting its evolution into a global technology services provider.
2019: The acquisition of Altran, a leader in engineering and R&D services, marked a significant expansion into the engineering domain.
Capgemini's offerings are structured into several key segments:
Consulting: Strategic advice to help organizations transform and innovate.
Technology Services: Services that encompass IT infrastructure, application development, and systems integration.
Digital Transformation: Assistance in adopting digital technologies such as cloud computing, AI, and data analytics.
Engineering Services: Through the Altran acquisition, Capgemini provides engineering and R&D services across various industries.
Operations: Managed services that ensure the efficient running of business processes and IT systems.
Headquarters: Capgemini's global headquarters is located in Paris, France.
Employees: As of June 2024, Capgemini employed approximately 336,900 people worldwide, with a significant portion based in offshore locations.
Offshore Workforce: The offshore workforce stands at 192,500 employees, representing 57% of the total headcount.
India Operations: Capgemini has a substantial presence in India, with over 194,400 employees as of 2024.
Revenue: In fiscal year 2023, Capgemini reported revenues of €22.5 billion, marking a 2.4% increase from the previous year.
Operating Margin: The company achieved an operating margin of 13.3% in 2023. Free Cash Flow: Capgemini generated €1,963 million in free cash flow in 2023.
2024 Outlook: For 2024, Capgemini anticipates sales to fluctuate between a 2% decline and a 2% rise, with an operating margin of 13.3% to 13.5%.
Generative AI: Capgemini has been investing in generative AI, with over 800 ongoing engagements across the company.
Sustainability: The company has set ambitious carbon footprint targets, aiming for a 90% reduction in all emissions by 2040 to achieve net-zero emissions.
Digital Inclusion: Capgemini's Pi Lab program provides a technology platform to equip Indian teachers and students with digital skills, benefiting nearly 2.5 million individuals in 2023.
Capgemini's evolution from a French enterprise management company to a global leader in technology services underscores its adaptability and commitment to innovation. With a diverse service portfolio, a strong global presence, and a focus on sustainability and digital transformation, Capgemini is well-positioned to continue delivering value to its clients and stakeholders worldwide.
