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UPDATE 1-Capgemini sees 2021 revenue above midpoint of target range after Q1 jump - Vimarsana News

UPDATE 1-Capgemini sees 2021 revenue above midpoint of target range after Q1 jump

By Reuters Staff (Updates with CEO comments on outlook, sectors, India) April 29 (Reuters) - French consulting and IT services provider Capgemini said on Thursday its 2021 revenue growth should exceed the mid-point of its target range after stronger than anticipated first quarter growth driven by its data and cloud business. Those services, which now account for two thirds of the group’s activity, have kept growing at a double-digit rate as more companies go digital because of the pandemic, Chief Executive Aiman Ezzat told reporters. “Our clients’ demand in terms of digital transformati...

Capgemini upbeat on profit outlook as work-from-home boosts cloud services - Vimarsana News

Capgemini upbeat on profit outlook as work-from-home boosts cloud services

By Reuters Staff 2 Min Read (Reuters) - Capgemini on Wednesday said profitability would beat market expectations in 2021, after the group reported full-year results in line with consensus, boosted by growth in its digital and cloud services. FILE PHOTO: The logo of Cap Gemini is seen at the entrance of the company headquarters in Paris, France, February 18, 2016. REUTERS/Charles Platiau/File Photo The COVID-19 pandemic has given IT services providers, such as Capgemini, the silver lining of an increasing number of companies expediting a move to the cloud to adapt better to a new flexible or e...