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CGI (TSX:GIB.A) announces new Space and Geospatial Center of Excellence in Finland

Market News, Technology
TSX:GIB.A
07 December 2022 08:45 (EDT)

CGI (GIB.A) is opening a new Space and Geospatial Center of Excellence to partner with organizations using space and geospatial data technologies.

The aim of the partnerships is to help organizations enhance their operations and customer or citizen experience; pursue new business opportunities made possible by advancements in space; and address pressing societal challenges, such as climate change and security threats.

“Finland is recognized internationally as an expert in developing new technologies, including advanced satellite data solutions,” says Leena-Mari Lähteenmaa, President of CGI´s operations in Finland, Poland and the Baltics.

“Integrating this specialized expertise with CGI’s space technology capabilities will create new opportunities for driving business and societal transformation across industries, including environmental and natural resources, transportation, logistics, and retail, among others.”

“New solutions emanating from Europe’s Galileo project, which CGI has long supported, together with more mature cloud technologies and significant advances in data analytics and artificial intelligence are generating new business use cases for satellite data,” Miika Salo, Vice-President leading CGI’s new center of excellence adds.

“These include fighting climate change, managing critical infrastructure, optimizing corporate supply chains, and improving consumer services, among others. We look forward to helping clients explore the many ways space innovation can transform their businesses and enable them to positively impact our world.”

CGI is recruiting new talent in Finland, and approximately 70 space and geospatial data experts will join the center during its start-up phase, with 30 more recruited later.

Since completing its first space project in 1974, CGI has supported the missions of more than 1,000 space satellites. With 2,500 experts in space and related industries, the company helps clients build and implement space strategies and solutions. 

CGI Inc. (GIB.A) opened trading at C$116.03.


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