Apr. 28, 2011 (Canada NewsWire Group) --
Stock Market Symbols
MONTREAL, April 28 /CNW Telbec/ - CGI Group, Inc. (TSX: GIB.A) (NYSE: GIB) a leading provider of information technology and business process services and TIBCO Software Inc. (NASDAQ: TIBX) today announced their intent to increase collaboration — supporting the transformation of Fortune 2000 companies.
Current market research shows a mounting need to provide fast, secure, reliable access to the right information and at the right time to improve decision-making.
As such, TIBCO and CGI aim to expand their successful customer ecosystems in North America and Europe, and to help improve the reliability and quality of connecting, automating, optimizing and scaling processes, applications and data in real-time. Clients will enjoy increased flexibility on how they deploy TIBCO software when leveraging CGI's various managed service offerings.
"For over 35 years, CGI has operated upon the principles of sharing in clients' challenges and delivering high quality services supported by the best technology," commented Michael E. Roach, President and Chief Executive Officer, CGI. "In working with a leader like TIBCO, we are deepening our commitment to putting clients and their results first by enhancing the tools and services they need to achieve superior performance and gain a competitive advantage. We look forward to winning and growing together."
"We are in an excellent position to benefit from three key trends in enterprise IT this year: mobility, cloud computing and real-time information," said Vivek Ranadivé, Chairman and CEO, TIBCO Software Inc. "By partnering with an industry leader such as CGI, we can broaden our business model and help customers globally leverage our event-driven solutions to transform their enterprise and build 21st century applications."
TIBCO Software Inc. (NASDAQ: TIBX) is a provider of infrastructure software for companies to use on-premise or as part of cloud computing environments. Whether it's efficient claims or trade processing, cross-selling products based on real-time customer behavior, or averting a crisis before it happens, TIBCO provides companies the two-second advantage™ - the ability to capture the right information, at the right time, and act on it preemptively for a competitive advantage. More than 4,000 customers worldwide rely on TIBCO to manage information, decisions, processes, and applications in real time. Learn more at www.tibco.com.
Founded in 1976, CGI Group Inc. is one of the largest independent information technology and business process services firms in the world. CGI and its affiliated companies employ approximately 31,000 professionals. CGI provides end-to-end IT and business process services to clients worldwide from offices and centres of excellence in the United States, Canada, Europe and Asia Pacific. As at March 31, CGI's annualized revenue was approximately C$4.5 billion and its order backlog was approximately C$12.6 billion. CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB) and are included in both the Dow Jones Sustainability Index and the FTSE4Good Index. Website: www.cgi.com.
# # #
TIBCO, TIBCO Software and two-second advantage are trademarks or registered trademarks of TIBCO Software Inc. and/or its subsidiaries in the United States and/or other countries. All other product and company names and marks mentioned in this document are the property of their respective owners and are mentioned for identification purposes only.
Senior Vice-President, Global Communications and Investor Relations
Senior PR Manager