Capgemini says AI expands client spending beyond IT

CEO Aiman Ezzat says AI is driving broad operating changes beyond IT upgrades. The group now reports a $12 billion pipeline and is targeting sovereign systems.

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CAPGEMINI SE is capturing client spending beyond traditional IT budgets as artificial intelligence drives broader corporate restructuring. The France-based technology group is addressing investor fears that automation might cannibalize its core consulting and coding revenue. CEO Aiman Ezzat told investors on May 27, 2023, that AI is creating a more resilient and diversified business model with deeper client intimacy.

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