CGI Wins Dallas Contract To Upgrade Business Management Systems; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
CGI has been awarded a contract to upgrade Dallas' business management systems, continuing their long-term partnership with the city. The upgrade will include the implementation of CGI Advantage Insight, automated testing, a new user interface with advanced automation, and features for grants life cycle management and performance budgeting. The financial terms of the contract were not disclosed.
December 19, 2023 | 1:36 pm
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CGI (GIB) has won a contract to upgrade business management systems for the city of Dallas, which includes implementing their CGI Advantage Insight tool and other advanced features.
The contract win for CGI is a positive development, indicating the company's continued expansion in providing technological solutions to the public sector. While the financial terms are not disclosed, the deal is likely to contribute to future revenues and strengthen CGI's market position. The lack of financial details makes it difficult to quantify the exact impact on the stock price, but the news is generally positive.
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