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CAPGEMINI SE

(CAP)
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Capgemini Chosen to Accelerate Software Development with Cloud Transformation by a Leading German Automotive Manufacturer

07/29/2021 | 02:30am EDT

Capgemini announced that it has been awarded a contract extension by Mercedes-Benz AGuntil 2024 for the development and maintenance of the core Electric/Electronic Product Data Management applicationin a R&D environment. The EE-PDM application is used for the development and documentation of electronic vehicle components and was implemented by an international team of Capgemini experts over a period of several years. By securing the contract extension, Capgemini will now support the leading automotive manufacturer in migrating the application to the cloud and further transformingit in a microservices environment with DevOps. Following the successful transformation of the EE-PDM application into a distributed agile delivery model, Capgemini will further evolve the EE-PDM core system. This will keep pace with rapidly changing requirements and incorporate multiple business departments in various workflows driving collaboration. The leading automotive manufacturer aims to establish a more flexible and efficient deployment process, which requires further innovation to ensure minimal time between application updates and a faster time to market of electronic product components. In order to achieve this goal and support the client’s #TwiceAsFast strategy aimed at streamlining its IT processes, Capgemini will leverage its deep expertise in cloud technology, microservices architecture and DevOps. A total of five agile teams in Germany and India will deliver the latest requirements for the application. The contract is extended until 2024 with an option for extension in the future. As a key supplier for the premium automotive manufacturer, Capgemini has been developing and maintaining the EE-PDM application with a proven model since 2008.


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Financials
Sales 2021 17 653 M 20 640 M 20 640 M
Net income 2021 1 118 M 1 308 M 1 308 M
Net Debt 2021 4 058 M 4 744 M 4 744 M
P/E ratio 2021 29,5x
Yield 2021 1,08%
Capitalization 32 532 M 38 187 M 38 036 M
EV / Sales 2021 2,07x
EV / Sales 2022 1,88x
Nbr of Employees 289 501
Free-Float 92,7%
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Number of Analysts 19
Last Close Price 193,20 €
Average target price 201,58 €
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Aiman Ezzat Chief Executive Officer & Executive Director
Carole Gabriella Ferrand Chief Financial Officer
Paul Benjamin Hermelin Chairman
William RozÚ Director-Engineering, Research & Development
Olivier Sevillia Group Chief Operating Officer
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