GIB meaning in Business ?

Answer:

What is CGI Group, Inc. mean?

CGI Inc., also known as CGI Group Inc., is a Canadian multinational information technology (IT) consulting and systems integration company headquartered in Montreal, Quebec, Canada.

CGI originally stood for "Conseillers en gestion et informatique"(Advisors on Management and Computer Systems). More recently, in English speaking countries it is takento stand for "Consultants to Government and Industries"). CGI went public in 1986 with a primary listing on the Toronto Stock Exchange. CGI is also a constituent of the S&P/TSX 60, and has a secondary listing on the New York Stock Exchange. After almost doubling in size with the 1998 acquisition of Bell Sygma, CGI acquired IMRGlobal in 2001 for $438 million, which added "global delivery options" for CGI. Other significant purchases include American Management Systems (AMS) for $858 million in 2004, which grew CGI's presence in the United States, Europe and Australia and led to the formation of the CGI Federal division.

CGI Federal's 2010 acquisition of Stanley, Inc. for $1.07 billion almost doubled CGI's presence in the United States, and expanded CGI into defense and intelligence contracts. In 2012, CGI acquired Logica for $2.7 billion Canadian, making CGI the fifth-largest independent business processes and IT services provider in the world, and the biggest tech firm in Canada. In 2016, CGI had assets worth C$20.9 billion, annual sales of $10.7 billion, and a market value of $9.6 billion. As of 2017 CGI is based in forty countries with around 400 offices, and employs approximately 70,000 people. As of March 2015, Canada made up 15% of CGI's client base revenue, and 29% originated from the United States, while around 40% of their commissions came from Europe, and the remaining 15% derived from locales in the rest of the world.

Services provided by CGI as of 2018 include application services, business consulting, business process services, IT infrastructure services, IT outsourcing services, and systems integration services, among others. CGI has customers in a wide array of industries and markets, with many in financial services. CGI also develops products and services for markets such as telecommunications, health, manufacturing, oil and gas, posts and logistics, retail and consumer services, transportation, and utilities. Clients include both private entities and central governments, state, provincial and local governments, and government departments dealing with defense, intelligence, space, health, human services, public safety, justice, tax, revenue and collections.

reference

Full Form	Category
Green Investment Bank	Banking
Gulf International Bank	Banking
CGI Group, Inc.	Business
Global Internet Business	Business
Groupe C G I, Inc.	Business
Global Innovation Business	Business
Great Indian Bazaar	Community
Giga Binary Byte	Computing
Grid In a Box	Computing
Graph In a Box	Computing
Great Ice Barrier/antarctica	Country Specific
Chart (graph-in-the-box)	File Type
Guy In Black	General
Groupe Interservice BEI	General
Grappling Impact Bomb	General
Get It Boo	General
General Information Bulletin	General
Gee Its Big	General
Granville Island Brewing	General
Ginsberg's Intelligent Bridgeplayer	General
Guy In Back	General
Good In Bed	General
Global Infrastructure Basel	General
General Information Block	General
Great Indian Bustard	General
Glorified Icing Bag	General
Granville Island Brewery	General
Guys In Black	General
Girls In Black	General
Grunge Is Back	General
Girls In Bolero	General
Good In the Bureau	Governmental
Google It B*tch	Internet
Guess I'm back	Internet
Gibibyte	Measurement Unit
Gastrointestinal bleeding	Medical
Gps Intelligent Buoys	Medical
Gibraltar, Gibraltar	Regional
Goren In A Box	Sports