CGI to help enable re-engineering of retailer’s information technology infrastructure
CGI is pleased to announce that it has entered into a 10-year agreement with Sears Canada to support the retailer’s strategy to re-engineer its technology platforms.
CGI will streamline and update Sears Canada’s current technology infrastructure and mainframe applications with the goal of reducing costs and improving efficiency. The rationalization of these operations will also enable Sears Canada to decommission systems concurrent to standing up a modernized core technology stack. As part of a comprehensive suite of services, CGI will also protect Sears Canada’s technology environments with advanced cybersecurity solutions, and partner with Sears Canada on elements of its new technology architecture.
CGI will leverage its global delivery model to deliver consulting and application and infrastructure management services from worldwide locations where it currently operates, including from its local Canadian offices in Montréal and Toronto.
“This agreement will help optimize our technology operations and support our goal to manage expenses in line with our business objectives,” said Becky Penrice, Executive Vice-President and Chief Operating Officer, Sears Canada Inc. “CGI has also committed to a hands-on level of service that will help us deliver improved technology support to the retail operations,” continued Ms. Penrice. “It is a significant vote of confidence that CGI has made a 10-year commitment to Sears Canada. With a value to CGI of approximately $200 million over this period, the agreement is structured with win-win incentives that could reduce this amount should the technology transformation be accelerated. CGI’s long-term commitment, hands-on approach, and the alignment of the agreement with Sears Canada’s goals made CGI an ideal partner to provide technology support and services for our current platform.”
“We help our clients around the world focus on their core business and growth strategies” added Mark Boyajian, President, Canada Operations, CGI. “CGI’s proven operational excellence, differentiated capabilities, and strategic investments will help accelerate Sears Canada’s strategies to lead retail commerce in Canada across both digital and in-store channels.”