In an concerted effort to research and develop aerospace solutions, information technology company CGI Group, Inc. (GIB) formed collaborative partnerships with two aerospace clusters, Aerospace Valley in France and Aéro Montréal in Quebec.
CGI Group is the fifth largest global independent information technology and business process services firm , and has an active presence at the locations of two clusters, in the cities of Toulouse, France and Montreal, Quebec.
Aéro Montréal, Quebec's aerospace cluster, is a strategic think tank that brings together the major authorities in Quebec's aerospace sector, intending to optimize the competitiveness of the cluster.
Aerospace Valley is ranked among the top three clusters in the world for its impressive performance and cooperative research and development (R&D) projects. It is dedicated to developing synergies and cooperation among companies, training establishments and research laboratories.
The collaborations will leverage CGI Group’s extensive aerospace and manufacturing expertise, as its professionals collaborate with the experienced staff of Aerospace Valley and Aéro Montréal. The partnership will explore employment of innovative technologies in order to improve the speed and quality of aerospace production and preventive maintenance.
The partnerships will work towards significantly enhancing the competitiveness of aerospace companies and driving innovation in the industry. Through the sharing of know-how and best practices, these initiatives will aid the members of the clusters develop and advance their strategic technology initiatives.
A collaboration forum will be held alternately in France and Quebec. Amongst numerous other projects planned per the agreement, the forum will focus on digitizing the production chain from upstream to downstream.
CGI Group has extensive experience within the aerospace and manufacturing sectors, and can offer deep insight into the challenges faced by the members of the Aéro Montréal and Aerospace Valley clusters.
CGI Group currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the computer services industry include CACI International Inc. (CACI), Carbonite, Inc. (CARB) and NCI, Inc. (NCIT), each holding a Zacks Rank #2 (Buy).
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