CGI to provide IT consulting to Svenska kraftnat

Mr. Rakesh Kapoor reports CGI SELECTED BY SVENSKA KRAFTNAT TO DRIVE DIGITAL TRANSFORMATION OF CRITICAL NATIONAL INFRASTRUCTURE CGI Inc. has been selected by Svenska kraftnat (the Swedish national transmission system operator) for a new multiyear framework agreement. The agreement covers the delivery of IT (information technology) consulting services in areas including architecture, leadership and security -- vital capabilities for enhancing Sweden's electricity transmission capacity and building a resilient energy infrastructure. "Contributing to reinforcing the digital foundation of one of Sweden's most critical public infrastructures is both a responsibility and an opportunity we embrace fully. We look forward to collaborating with Svenska kraftnat to develop solutions that not only meet today's demands but also shape tomorrow's energy infrastructure," said Rakesh Kapoor, senior vice-president and business unit leader for CGI in Stockholm and central Sweden. "By combining our global expertise with a strong local presence, we aim to help build an energy system that is even more secure, accessible and future ready." Svenska kraftnat manages and develops Sweden's national electricity transmission grid, which includes approximately 16,000 kilometres of power lines, around 175 transformer and switching stations, and several critical international interconnections. With planned investments totalling 210 billion Swedish kronor through 2035, the agency plays a pivotal role in ensuring a robust, sustainable and competitive power system. The scope of this mission presents substantial challenges -- from meeting escalating energy demand to driving the energy transition in close co-ordination with Nordic and European partners. With this agreement, CGI reinforces its leading position in Sweden's energy and utilities sector -- both in consulting services and system solutions. Notably, CGI has deployed its proprietary AgileDX platform for central data integration across several European electricity markets -- offering an efficient, secure and scalable solution for managing energy data between stakeholders. The company also brings deep experience in aiding government agencies, public entities and private-sector clients in the energy field with digitalization, information security and technological transformation initiatives. About CGI Inc. Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 93,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services, and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI's fiscal 2024 reported revenue is $14.68-billion and CGI's shares are listed on the Toronto Stock Exchange (GIB.A) and the New York Stock Exchange (GIB).