Capgemini Explained

Capgemini SE
Type:Public
Founder:Serge Kampf
Area Served:Worldwide
Key People: (CEO)
Paul Hermelin
(chairman of the board)
Industry:Information technology
Consulting
Outsourcing
Revenue: €22.096 billion (2024)[1]
Operating Income: €2.356 billion (2024)
Net Income: €1.671 billion (2024)
Assets:€27.30 billion (2023)
Equity: €3.7 billion (2023)
Num Employees: (2025)[2]
Location City:Paris
Location Country:France
Subsid:Sogeti
Capgemini Engineering
frog
Cambridge Consultants
Synapse Product Development

Capgemini SE is a French multinational information technology (IT) services and consulting company, headquartered in Paris, France.[3]

History

In 1967, Serge Kampf[4] founded the Société pour la Gestion de l'Entreprise et le Traitement de l'Information (Sogeti), as an enterprise management and data processing company.[5]

In 1974, Sogeti acquired Gemini Computer Systems, an American company based in New York City.[6] In 1975, having acquired CAP (Centre d'Analyse et de Programmation) and Gemini Computer Systems, and having resolved a dispute with the similarly named CAP UK over the international use of the name 'CAP', Sogeti renamed itself as CAP Gemini Sogeti.

Cap Gemini Sogeti launched US operations in 1981,[7] following the acquisition of Milwaukee-based DASD Corporation, specializing in data conversion and employing 500 people in 20 branches throughout the US. Following this acquisition, the U.S. Operation was known as Cap Gemini DASD.[8]

In 1990 Cap Gemini Sogeti acquired the Hoskyns Group, a major IT outsourcing and managed services company in the UK.[9]

In 1996, the name was simplified to Cap Gemini, and the firm launched a new group logo. All operating companies worldwide were re-branded to operate as Cap Gemini.

Cap Gemini acquired Ernst & Young Consulting in 2000 and integrated it with Gemini Consulting to form Cap Gemini Ernst & Young.[10] In 2017, Cap Gemini S.A. became Capgemini SE, and its Euronext ticker name similarly changed from CAP GEMINI to CAPGEMINI.[11]

In 2006, Capgemini acquired Kanbay for $1.25 billion, which expanded its footprint and capabilities in India.[12]

In 2015 it acquired the U.S.-based technology and services company iGate for $4 billion.[12] In 2018, the company acquired the Philadelphia-based digital customer engagement company LiquidHub for to assist Capgemini's digital and cloud growth in North America.[13]

In 2019, Capgemini acquired Altran, a provider of engineering and R&D services.[14] It was the largest acquisition in the company's history, bringing Capgemini's total employee count to over 250,000.[15] As part of the acquisition, Capgemini acquired frog design and Cambridge Consultants, which were integrated into Capgemini Invent; several other recent acquisitions, including staff from Fahrenheit 212, Idean, and June21, have been merged into that group and operate under the frog brand.[16] [17] In 2021, Capgemini grouped the engineering and R&D activities of the Altran brand with Capgemini Digital Engineering Services and formed a new division, Capgemini Engineering.[18]

In June 2021, Capgemini partnered with Sanofi, Orange and Generali to launch Future4care, a European start-up accelerator focused on digital healthcare.[19] [20] In 2021, Capgemini acquired RXP Services and Acclimation in Australia to expand their operations in Australia.[21] [22] Also in 2021, Capgemini acquired Australian company Empired and its New Zealand subsidiary Intergen.[23]

In January 2022, the company set up an international quantum computing lab, called Capgemini Quantum Lab or Capgemini Q-Lab, in collaboration with IBM.[24] It can be used by Capgemini's clients to build in-house quantum computing applications and licensable technologies.[24]

In 2024, Capgemini acquired Syniti, an enterprise data management company specializing in data quality, data migration, and regulatory compliance.[25]

As of 2025, Capgemini has over 423,400[26] employees in approximately 50 countries.[27]

In July 2025, Capgemini acquired technology outsourcing firm WNS Global Services in a $3.3 billion cash deal.[28] [29] The acquisition allows Capgemini to expand its generative AI offerings,[28] which it had announced in 2023.[30]

Subdivisions

Sogeti

See main article: Sogeti. Sogeti is a wholly owned subsidiary of Capgemini Group,[31] spun off in 2002.[32] It is an information technology consulting company specialising in technology and engineering professional services.

Capgemini Research Institute

Capgemini Research Institute is the company's in-house think tank,[33] launched in 2012.[34] It produces reports on current trends and concerns in business and technology, based on research, data, and surveys.[35]

Applied Innovation Exchange

Applied Innovation Exchange (AIE) is Capgemini's network of innovation labs,[36] and was launched in 2016.[37] The labs enable clients to exchange with designers, industry experts, business and technology partners, research organizations, and startups,[38] and Capgemini has AIEs worldwide.[37]

Capgemini Invent

Capgemini Invent was launched in 2018 as the design and consulting subdivision of the Capgemini Group.[39] It is the rebranding and enlargement of Capgemini Consulting.[39] As of 2023, the subdivision had approximately 10,000 employees in 60 locations worldwide. These include staff from frog design, Fahrenheit 212, Idean, and June21.[40]

Capgemini Engineering

See main article: Capgemini Engineering. In 2021, Capgemini grouped the engineering and R&D activities of its Altran brand with Capgemini Digital Engineering Services into Capgemini Engineering.[41]

Controversies

Tax optimization

Capgemini reportedly paid no corporate tax between 2011 and 2020 despite generating €329 million in revenue in France in 2022, according to a Senate report, which calls it "a caricatured example of tax optimization". The appendices to the Senate inquiry report note in particular that Capgemini secured some €7.6 million in various contracts from the French Ministry of Finance between 2018 and 2021. Furthermore, while Capgemini was supposed to be fined €17.3 million, it obtained a rebate reducing the bill to €3.9 million with the withdrawal of adjustments for the years between 2009 and 2014.[42]

Collaboration with ICE

Capgemini is a long-standing partner of US Immigration and Customs Enforcement (ICE), with contracts, often worth tens of millions of dollars, dating back to at least 2007. The services range from IT support to "detention planning". The company advertised this partnership in the "customer stories" section of its website, boasting that "the Capgemini team works closely to help [ICE] minimize the time and cost required to deport all deportable illegal aliens from the United States".[43]

In November 2025, Capgemini responded to and accepted a new call for tenders to help ICE identify and locate foreigners. The French company was awarded the largest share of the contract, earning some $365 million, with revenue indexed to performance and financial bonuses based on the success rate in verifying the addresses of foreigners. Although the company initially chose to publicize this partnership on its website, all references to it were removed less than a week after journalistic publications on the topic.[44]

In February 2026, Capgemini announced plans to immediately sell its US subsidiary, Capgemini Government Solutions. This came after a public outcry concerning its contract to provide "skip tracing services for enforcement and removal operations" for ICE, which was questioned by finance minister Roland Lescure and condemned by opposition MP Hadrien Clouet. Capgemini determined that the legal restrictions imposed for contracting with federal government entities carrying out classified activities in the United States (including a Special Security Agreement) did not allow it to exercise appropriate control over the subsidiary's operations.[45] [46]

Management

The Capgemini Group Executive Committee consists of 34 members.[47]

Aiman Ezzat has been the group's CEO since 2020, having been at the company for more than 20 years, including as COO from 2018 to 2020 and CFO from 2012 to 2018.[48]

Paul Hermelin is chairman of the company's board of directors.[48] He was chairman and CEO from 2012 to 2020,[49] having been appointed CEO in 2002[49] and having been at the company since 1993.[50]

Hermelin succeeded Serge Kampf, the founder and prior head of the company, who stepped down in 2012,[51] thereafter serving as vice chairman of the board until his death in 2016.[52]

Notes and References

  1. Web site: Full-year 2024 results . 18 February 2025 . Capgemini.
  2. Web site: FY 2025 Results . 13 February 2026 . Capgemini.
  3. Web site: Cap Gemini. Department of Computer Science, University of Manchester. 6 July 2010 . 22 July 2010 . dead . https://web.archive.org/web/20090907130714/http://www.cs.manchester.ac.uk/business/industrial/partner-companies/capgemini/ . 7 September 2009 .
  4. Web site: Historic Overview | Our History | Capgemini Worldwide . Capgemini.com . 1 January 2015 . 30 May 2018 . 25 February 2013 . https://web.archive.org/web/20130225132441/http://www.capgemini.com/about/capgemini/history/overview/ . dead .
  5. Web site: History . 2022-08-04 . Sogeti, provider of technology and engineering services . en . 5 December 2023 . https://web.archive.org/web/20231205060309/https://www.sogeti.com/history . dead .
  6. Web site: Gaston-Breton . Tristan . 1967-2007: The Capgemini Saga . dead . https://web.archive.org/web/20140114080046/http://capgeminiclub.com/images/40-year-book.pdf . 14 January 2014 . 15 January 2022 . capgeminiclub.com.
  7. Web site: June 7, 1984 . Cap Gemini a enregistré une croissance de 40 % en 1983 . lemonde.fr.
  8. Web site: Free Trademark Search | Protect Business Name | Incorporate Your Business . Trademarkia . 30 May 2018.
  9. Web site: So farewell then Hoskyns - October 22, 1996 . Accountancy Age. 22 October 1996 .
  10. News: International Business Capgemini to Acquire Ernst Young Consulting Business . . 1 March 2000 . 30 May 2018.
  11. News: Cap Gemini S.A. becomes Capgemini SE. Thomson Reuters. 2 June 2017. 9 November 2019.
  12. News: Nadhe . Shivani Shinde . What does Capgemini's acquisition of iGate mean? . 23 July 2025 . . April 27, 2015.
  13. Web site: Phadnis . Shilpa . 2018-02-06 . Capgemini buys US co LiquidHub for $500m, ChrysCap exits with 4X gain . 2021-05-30 . . en . Times News Network.
  14. News: Kovar . Joseph F. . 24 June 2019 . Capgemini Acquiring Altran In Massive $4.1B Engineering, R&D Play . 30 July 2025 . CRN.
  15. News: 24 June 2019 . Capgemini and Altran create a global digital transformation leader for industrial and tech companies. . 29 May 2020 . capgemini.com.
  16. Web site: Fersht . Phil . Cushman . David . Jhunjhunwala . Niti . October 2023 . Generative Enterprise Services, 2023 . 30 July 2025 . . HFS Research.
  17. Web site: 2023 . The Market for Digital Experience Services in Germany . 30 July 2025 . Syzygy Group . LĂĽnendonk & Hossenfelder.
  18. Web site: 8 April 2021 . Capgemini Phasing Out the Altran Brand and Launching Capgemini Engineering . dead . https://web.archive.org/web/20210625042202/https://erdservices.org/2021/04/08/capgemini-phasing-out-the-altran-brand-and-launching-capgemini-engineering/ . 25 June 2021 . ERD Services.
  19. Web site: Schenker . Jennifer L. . 2021-06-11 . Future4Care: Four Corporates Team To Make Europe A Global Leader In E-Health . 2021-07-07 . The Innovator . en.
  20. Web site: Tazrout . Zacharie . Orange, Generali, Sanofi and Capgemini launch Future4care, a start-up accelerator . 2021-07-07 . Actu IA . 11 June 2021 . fr-FR.
  21. News: 26 March 2021 . Capgemini completes the acquisition of RXP Services. . capgemini.com . live . 1 Jan 2022 . https://web.archive.org/web/20220101100735/https://www.capgemini.com/news/capgemini-completes-the-acquisition-of-rxp-services/ . 1 January 2022.
  22. News: 5 Jul 2021 . Capgemini acquires leading Australian SAP consulting and digital solution provider Acclimation. . capgemini.com . live . 16 Feb 2022 . https://web.archive.org/web/20210720130656/https://www.capgemini.com/news/capgemini-acquires-leading-australian-sap-consulting-and-digital-solution-provider-acclimation/ . 20 July 2021.
  23. News: 16 November 2021 . Capgemini completes acquisition of cloud transformation and digital services provider, Empired .
  24. News: Das . Shouvik . Capgemini sets up quantum lab in partnership with IBM . 9 January 2026 . . 12 January 2022.
  25. Web site: Ball . Stephanie . 30 August 2024 . Capgemini to acquire Syniti for greater data management reach . 30 July 2025 . ERP Today.
  26. Web site: Full-year 2025 results . 2026-02-16 . Capgemini . en-US.
  27. Web site: FY 2024 Results . 18 February 2025 . Capgemini.
  28. News: Rabiega . Mateusz . Capgemini to buy outsourcing firm WNS for $3.3 billion in AI push . 9 January 2026 . Reuters . 7 July 2025.
  29. Web site: Vardon . Elena . Capgemini to Buy WNS for $3.3 Billion . Wall Street Journal.
  30. Web site: Cushman . David . Capgemini joins in GenAI's me-too mire . HFS Research . 9 January 2026 . 11 August 2023.
  31. Web site: defence.professionals . defpro.com . 22 July 2010 . dead . https://web.archive.org/web/20100610170809/http://www.defpro.com/news/details/15876/ . 10 June 2010 .
  32. Web site: OUR HISTORY. Sogeti. https://web.archive.org/web/20200812090716/http://www.sogeti.be/about-sogeti/history/ . 12 August 2020 . dead.
  33. Book: Anderson . Cindy . Marshall . Anthony . The ROI of Thought Leadership: Calculating the Value that Sets Organizations Apart . 2025 . . 9781394308927 . 132 .
  34. Web site: Capgemini Research Institute ranked number one for fifth time in a row by Source Global Research . Where Women Work . https://web.archive.org/web/20210418113748/https://www.wherewomenwork.com/Career/3266/Capgemini-Research-Institute-ranked-number-one-for-thought-leadership . 18 April 2021 . 8 April 2021 . dead.
  35. Web site: Capgemini: More than 50 percent of companies are concerned about semiconductor supply in the next two years . Silicon Saxony . 31 October 2025 . 9 January 2025.
  36. Web site: Tegos . Michael . A multinational IT firm wants to connect Singapore startups to global innovation networks . Tech in Asia . 31 October 2025 . 28 Feb 2017.
  37. Web site: Chanchani . Madhav . Capgemini looks to ride the digital wave . . 31 October 2025 . 21 November 2016.
  38. Book: Fasnacht . Daniel . Open Innovation Ecosystems: Creating New Value Constellations in the Financial Services . 2018 . . 9783319763941 . 140 .
  39. Web site: Profile of Capgemini Invent . Umbrex . 31 October 2025.
  40. Web site: LĂĽnendonk Survey 2023: The Market for Digital Experience Services in Germany . Syzygy Group . LĂĽnendonk & Hossenfelder GmbH . 31 . 4 September 2025 . 2023.
  41. Web site: 8 April 2021 . Capgemini Phasing Out the Altran Brand and Launching Capgemini Engineering . dead . https://web.archive.org/web/20210625042202/https://erdservices.org/2021/04/08/capgemini-phasing-out-the-altran-brand-and-launching-capgemini-engineering/ . 25 June 2021 . ERD Services.
  42. News: Cabinets de conseil: le beau cadeau des impôts à Capgemini . 2026-02-02 . Libération . fr.
  43. Web site: Comment un champion du CAC40 aide l'ICE de Trump Ă  traquer les migrants . 2026-02-02 . Observatoire des multinationales . fr.
  44. Web site: 2026-01-26 . Comment le groupe français Capgemini aide la police fédérale américaine ICE à localiser les migrants . 2026-02-02 . Franceinfo . fr-FR.
  45. Web site: 2026-02-01 . French tech giant Capgemini to sell US subsidiary working for ICE . 2026-02-17 . BBC News . en-GB.
  46. Web site: Capgemini to launch the divestiture of its subsidiary Capgemini Government Solutions . 2026-02-17 . Capgemini . en-US.
  47. Web site: Capgemini Executive Committee. Capgemini Worldwide. en-US. 4 September 2025.
  48. Web site: Aiman Ezzat appointed new Capgemini CEO . The Economic Times . 21 May 2020.
  49. News: Capgemini – Kampf tire sa révérence, Paul Hermelin nommé PDG . 3 September 2025 . . 4 April 2012 . French . Capgemini – Kampf bows out, Paul Hermelin appointed CEO.
  50. Web site: Paul Hermelin . . 4 September 2025 . October 2015.
  51. News: Gallois . Dominique . Capgemini : le départ de Serge Kampf marque la fin d'une époque . 4 September 2025 . . 5 April 2012 . French . Capgemini: Serge Kampf's departure marks the end of an era.
  52. News: Moran . Nancy . Serge Kampf, Cap Gemini Founder and Ex-Chairman, Dies at 81 . 4 September 2025 . . 15 March 2016.