|Book Value (Rs)||2,100.58||1,945.43||1,661.49||1,412.66|
Capgemini founded as a startup 50 years ago. Today it is one of the leading multinational corporations that delivers consulting, technology, professional, and outsourcing services. It provides services in IT consulting, managed services, and custom software development. Capgemini has about 125,000 employees in India of its global headcount of 270,000.
COVID-19 may have thrown curveballs this year but the $191 billion-Indian IT sector has shown resilience and 2021 promises more growth opportunities as digital spends go up to tackle the challenges amid the ‘new normal.’
“In the Next Normal, organisations will have to adopt digital led business models to address the evolving needs of the customers and new supply chain models. Long-term strategy planning will have to be complemented with agility of execution. Enterprises will need to reimagine their strategy across customer and people and technology will be at the heart of this strategy planning and decision making. The pandemic has cemented technology’s role at the heart of transformation,” said Ashwin Yardi, CEO, India, Capgemini.
India is one of the top countries to fulfill companies’ software requirements. The factors attracting potential investors are enormous skills offered by Indian developers, excellent infrastructure, and lower costs. According to IDC, the country’s software market is expected to rise at an annual growth of 17.6% during 2019-2024. By only maintaining its share globally, India’s exports will exceed USD 430 billion by 2021. Thus, the Indian software industry has a bright future, and potential investors can look forward to investing in India’s software sector.
Capgemini’s $4.1 billion acquisition of Altran Technologies may conclude by April 8
Capgemini had announced its plan to acquire Paris-based engineering consulting firm Altran Technologies for $4.1 billion (€3.6 billion) in 2019. The acquisition is expected to offer Capgemini a lead position with full stack of capabilities across research and development (R&D) strategy, digital design, product engineering, manufacturing services, software development and integration.