You searched for Artificial intelligence - ѻý Czech Republic /cz-en/ ѻý Tue, 25 Mar 2025 11:30:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 /cz-en/wp-content/uploads/sites/31/2022/10/cropped-cropped-favicon.png?w=32 You searched for Artificial intelligence - ѻý Czech Republic /cz-en/ 32 32 222786889 ѻý records Q1 2024 revenues of €5.5 billion in line with expectations /cz-en/news/capgemini-records-q1-2024-revenues-of-e5-5-billion-in-line-with-expectations/ Fri, 03 May 2024 08:25:44 +0000 The ѻý Group reported Q1 2024 revenues of €5,527 million, -3.5% year-on-year at current exchange rates and -3.3% at constant exchange rates.

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ѻý records Q1 2024 revenues of €5.5 billion in line with expectations

  • Revenues of €5,527 million, -3.5% at current exchange rates and -3.3% at constant exchange rates
  • Bookings of €5,655 million representing a solid book-to-bill ratio of 1.02
30 Apr 2024

Paris, April 30, 2024 – The ѻý Group reported Q1 2024 revenues of €5,527 million, -3.5% year-on-year at current exchange rates and -3.3% at constant exchange rates*.

Aiman Ezzat, Chief Executive Officer of the ѻý Group, said: “As anticipated, the market continued to slow down in Q1, and we confirm the growth trough is now behind us. We expect the market to gradually pick up toward an attractive exit growth rate in Q4, setting up for a more tangible acceleration in 2025.

The pipeline continues to grow and the demand for large-scale digital transformation projects remains strong. Client focus remains on operational and cost efficiency programs, however we also see good traction for our high-added value services in Intelligent industry as well as for our sustainability offerings.

In generative AI, we launched a new platform to enable clients to experiment with industry-specific use cases, and to industrialize them, at a controlled cost.

In that context, we reiterate all our objectives for the full year.”

In line with the Group’s expectations, ѻý’s Q1 revenues were down year-on-year at -3.3% at constant exchange rates* and -3.6% organically (i.e., adjusted for Group scope and exchange rates).

In a macro environment which remains soft, large corporations and organizations are still prioritizing operational agility and cost efficiency programs with fast payback, at the expense of non-strategic and discretionary deals. In that context, ѻý’s high value-added service offerings – most notably in Intelligent Industry, as well as in activities driven by Cloud, Data & Artificial Intelligence – enjoyed a solid traction in Q1.

OPERATIONS BY REGION

At constant exchange rates, revenues in the North America region (28% of Group revenues in Q1 2024) declined by -7.1% year-on-year, a rate similar to Q4 2023. The Financial Services and TMT (Telecoms, Media and Technology) sectors contributed the most to this decline, partly offset by growth in the Manufacturing sector.

Revenues in the United Kingdom and Ireland region (12% of Group revenues) were down -3.2%, mostly driven by the Financial Services and TMT sectors. Conversely, the Services and Energy & Utilities sectors enjoyed solid momentum, as did the Manufacturing sector to a lesser extent.

Activity in France (20% of Group revenues) declined by -2.8%, with some softness in the Manufacturing and Financial Services sectors and a dynamic Public sector.  

Revenues in the Rest of Europe region (32% of Group revenues) were almost stable at -0.5%. The underlying performance by sector showed more contrast, with good momentum in the Energy & Utilities and Public sectors and a visible contraction of the TMT sector.

Finally, revenues in the Asia-Pacific and Latin America region (8% of Group revenues) were down -1.7% almost entirely driven by the Financial Services and TMT sectors, while the Consumer Goods & Retail sector proved quite dynamic.

OPERATIONS BY BUSINESS 

At constant exchange rates, total revenues* of Strategy & Transformation services (9% of the Group’s total revenues in Q1 2024) were up +1.6% year-on-year at constant exchange rates. This growth reflects client focus on strategic initiatives to transform, optimize and adapt their business and operations to a challenging economic environment, as well as investment in Gen AI.

Total revenues of Applications & Technology services (62% of the Group’s total revenues and ѻý’s core business) declined by -4.0%.

Lastly, Operations & Engineering (29% of the Group’s total revenues) total revenues contracted by -3.0%.

HEADCOUNT

The Group’s total headcount stood at 337,200 as at March 31, 2024, down 6% year-on-year. The offshore workforce represents 57% of the total headcount, i.e. 192,000 employees.

BOOKINGS

Bookings totaled €5,655 million in Q1 2024, down -3.5% year-on-year at constant exchange rates. The book-to-bill ratio of 1.02 is above the Q1 historical average.

OUTLOOK

The Group’s financial targets for 2024 are:

  • Revenue growth of +0% to +3% at constant currency;
  • Operating margin of 13.3% to 13.6%;
  • Organic free cash flow of around €1.9 billion.

The inorganic contribution to growth should be marginal at the lower end of the target range, and up to 1 point at the upper end.

CONFERENCE CALL

Aiman Ezzat, Chief Executive Officer, accompanied by Nive Bhagat, Chief Financial Officer, and Olivier Sevillia, Chief Operating Officer, will present this press release during a conference call in English to be held today at 8.00 a.m. Paris time (CET). You can follow this conference call live via webcast at the following . A replay will also be available for a period of one year.

All documents relating to this publication will be posted on the ѻý investor website at .

PROVISIONAL CALENDAR

May 16, 2024    –    Shareholders’ meeting

July 26, 2024   –     Half-Year 2024 results

The dividend payment schedule to be submitted to the Shareholders’ Meeting for approval would be:

May 29, 2024   –     Ex-dividend date on Euronext Paris

May 31, 2024    –    Payment of the dividend

DISCLAIMER

This press release may contain forward-looking statements. Such statements may include projections, estimates, assumptions, statements regarding plans, objectives, intentions and/or expectations with respect to future financial results, events, operations and services and product development, as well as statements, regarding future performance or events. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “projects”, “may”, “would”, “should” or the negatives of these terms and similar expressions. Although ѻý’s management currently believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking statements are subject to various risks and uncertainties (including, without limitation, risks identified in ѻý’s Universal Registration Document available on ѻý’s website), because they relate to future events and depend on future circumstances that may or may not occur and may be different from those anticipated, many of which are difficult to predict and generally beyond the control of ѻý. Actual results and developments may differ materially from those expressed in, implied by or projected by forward-looking statements. Forward-looking statements are not intended to and do not give any assurances or comfort as to future events or results. Other than as required by applicable law, ѻý does not undertake any obligation to update or revise any forward-looking statement.

This press release does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction.

ABOUT CAPGEMINI

ѻý is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, ѻý is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion.

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APPENDIX [1]

BUSINESS CLASSIFICATION

  • Strategy & Transformation includes all strategy, innovation and transformation consulting services.
  • Applications & Technology brings together “Application Services” and related activities and notably local technology services.
  • Operations & Engineering encompasses all other Group businesses. These comprise Business Services (including Business Process Outsourcing and transaction services), all Infrastructure and Cloud services, and R&D and Engineering services.

DEFINITIONS

Organic growth or like-for-like growth in revenues is the growth rate calculated at constant Group scope and exchange rates. The Group scope and exchange rates used are those for the reported period. Exchange rates for the reported period are also used to calculate growth at constant exchange rates.

When determining activity trends by business and in accordance with internal operating performance measures, growth at constant exchange rates is calculated based on total revenues, i.e., before elimination of inter-business billing. The Group considers this to be more representative of activity levels by business. As its businesses change, an increasing number of contracts require a range of business expertise for delivery, leading to a rise in inter-business flows.

Operating margin is one of the Group’s key performance indicators. It is defined as the difference between revenues and operating costs. It is calculated before “Other operating income and expense” which include amortization of intangible assets recognized in business combinations, expenses relative to share-based compensation (including social security contributions and employer contributions) and employee share ownership plan, and non-recurring revenues and expenses, notably impairment of goodwill, negative goodwill, capital gains or losses on disposals of consolidated companies or businesses, restructuring costs incurred under a detailed formal plan approved by the Group’s management, the cost of acquiring and integrating companies acquired by the Group, including earn-outs comprising conditions of presence, and the effects of curtailments, settlements and transfers of defined benefit pension plans.

Normalized net profit is equal to profit for the year (Group share) adjusted for the impact of items recognized in “Other operating income and expense”, net of tax calculated using the effective tax rate. Normalized earnings per share is computed like basic earnings per share, i.e., excluding dilution.

Organic free cash flow is equal to cash flow from operations less acquisitions of property, plant, equipment and intangible assets (net of disposals) and repayments of lease liabilities, adjusted for cash out relating to the net interest cost.

Net debt (or net cash) comprises (i) cash and cash equivalents, as presented in the Consolidated Statement of Cash Flows (consisting of short-term investments and cash at bank) less bank overdrafts, and also including (ii) cash management assets (assets presented separately in the Consolidated Statement of Financial Position due to their characteristics), less (iii) short- and long-term borrowings. Account is also taken of (iv) the impact of hedging instruments when these relate to borrowings, intercompany loans, and own shares.

RESULTS BY REGION

RESULTS BY BUSINESS


* The terms and Alternative Performance Measures marked with an (*) are defined and/or reconciled in the appendix to this press release.

[1] Note that in the appendix, certain totals may not equal the sum of amounts due to rounding adjustments.

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ѻý Engineering /cz-en/about-us/who-we-are/our-brands/capgemini-engineering/ Wed, 21 Apr 2021 13:06:40 +0000 The post ѻý Engineering appeared first on ѻý Czech Republic.

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ѻý Engineering

Pioneering new horizons. Convergence between physical and digital worlds has never been so real, disrupting the way clients manage their innovation, and playing a key role in their development.

Companies in all sectors need to accelerate their digital transformation: global leaders must rethink their innovation cycle while speed has become a survival factor to stay ahead of the competition. Industry players and innovators have to embrace connectivity, software and semiconductors to shift towards intelligent industry and ensure a sustainable value chain.

As the world leader in Engineering and R&D services, we help our clients accelerate their journey towards intelligent industry. We bring them global expertise and capabilities, cutting-edge technologies in digital and software, agile engineering platforms, and an industrialized delivery model.

With more than 55,000 engineers and scientists across the globe, we unleash the potential of R&D and innovation to help companies engineer smart products, optimized operations, new customer experiences, and new sources of value.

Are you ready to pioneer new horizons with us?

Software enables products and services to become ‘smart’, connected, and even autonomous. It unlocks performance and capabilities for enterprises. Software also enables new ways to interact delivering personalized and meaningful experiences.

Are you ready to unleash your organization’s R&D potential ?

We help the world’s largest innovators engineer the products and services of tomorrow by leveraging our experts, labs, tools, and frameworks across three main expertise domains:

Products and systems engineering

– Mechanical and physical engineering
– Electrical, electronics and semiconductors
– Systems engineering and product design.

– Software engineering
– Connectivity and network engineering
– Data science, analytics, and artificial intelligence.

Industrial operations

– Manufacturing and process engineering
– Operations management
– Product support and service

In the field of Engineering, we provide services throughout the entire product development process. We like to apply new ideas and processes

We convert virtual 3D models of parts and assemblies into physical prototypes. We specialize in molded body parts, welded assemblies and subassemblies

Our ČSN EN ISO/IEC 17025:2018 accredited Development Testing Lab is specifically tailored to the R&D/Quality departments needs of the automotive OEMs and suppliers.

Featured case studies

BUILD: Hyperloop

The race for superfast travel is underway and ѻý Engineering is working together with the Zeleros team to develop the scalable hyperloop, a revolutionary ground transport system.

TRANSFORM: Vodafone

We were given the opportunity to develop and test applications and services for the Vodafone 5G trial in Milan that exploits the potential of next generation 5G technology.

ELEVATE: Airbus

ѻý and Airbus, a global leader in aeronautics, space and related services, joined hands to develop a robotic arm that allows automation of testing phases on helicopter avionics.

ACCELERATE: Alstom

We have built an award-winning Virtual Train solution with Alstom. The Smart Engineering solution leverages Augmented Reality (AR), Virtual Reality (VR), and Mixed Reality (MR) for validation of train systems.

REINVENT: London School of Hygiene and Tropical Medicines

Keen to help in the fight against COVID-19, we offered our AI and data science expertise pro bono to the LSHTM, collaborating on a new model to track the virus’ reproduction rate around the world.

REMODEL: SNCF Réseau

We are partnering with SNCF Réseau, the service provider that manages railway infrastructure in France, to develop the “New Generation Supervision”— an innovative application to optimize the monitoring, maintenance and safety of the lines.

What sets us apart

With a unique position at the crossing of tech and industries, we bring together the rarest and most highly skilled experts to help clients grow and seize business transformation opportunities at the continuous speed of today’s markets.

A dedicated digital engineering and software engineering unit with a unique blend of industry and technology expertise to bring you an unmatched portfolio of digital engineering and software engineering capability including:

– Connectivity and networks
– Semiconductor
– Embedded software
– Software engineering

We have one of the best-in-class GlobalShore models: a scalable, end-to-end supply chain that integrates client-focused capabilities with the best of remote engineering centers at scale, able to incorporate innovation into industrialized delivery.

Our #1 engineering and R&D global end-to-end delivery platform offers:

– Accelerated, differentiated and disruptive delivery models
– Integrated end to end program management from onsite to offshore, ensuring consistent delivery quality along the project
– Strong intimacy with the client organization in their different locations
– Streamlining and automation through cross-shore leverage, standards, methods, and tools
– Proven quality benefits at scale to meet the speed of fast-changing markets
– Unmatched cost advantage combined with industry knowledge.

All this, supported by 25,000+ GlobalShore engineers across our global engineering centers.

Our research and innovation programs, as well as our partner ecosystem, are business accelerators that help clients with high-intensity R&D to leverage the value of incremental and disruptive technologies.

Enabled by investments in assets, accelerators and facilities, and by key partnerships, we offer:

Research and innovation (R&I)
Our R&I programs are business accelerators that help clients with high-intensity R&D to prove the value of incremental and disruptive technologies by pioneering engagements built around recognizable assets. Clients go further, faster, and to places they would not necessarily go alone.​

Network of labs
We have over 25 open innovation spaces to gather ecosystems and develop concepts and roadmap to transformation, and over 100 world class labs across  20,000 sqm of delivery facilities: audio, electronic, optics, automotive…

Partners and alliances
We benefit from a comprehensive set of partnerships covering all aspects of R&D and technology.

Featured offers

Work with us to accelerate your digital transformation.

Software product engineering

Optimized engineering ops for nuclear

Software-driven transformation in automotive

Smart factory

Intelligent 5G and Edge

Data driven R&D, engineering, manufacturing operations

Software as a medical device

Zinnov Zones ranks us leader in ER&D services

We were ranked in the leadership zone for the seventh year in a row in 2021.

No. 1 in Everest’s 2021 Top 50 engineering services providers

Our acquisition of Altran propelled our 21-place rise to top position.

Leader with Everest Group for 5G engineering services

We were recognized for our vision and capability to deliver services successfully, and ability to create market impact.

Join us!

Ready to take on the challenge? Find the opportunity that fits you.

Are you ready to unleash your organization’s R&D potential ?

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