Capgemini yesterday announced the acquisition of a 100 percent stake in Minneapolis-based BI Consulting Group, a technology consultancy for customers who buy Oracle Business Intelligence and Enterprise Performance Management technologies.
This move — which comes on the heels of the acquisition of another Business Information Management company, France-located Avantias — will reinforce Capgemini’s BIM positioning in North America and will contribute to its overall growth program. The acquisition will be financed by the Capgemini Group’s net cash.
The BICG purchase will boost Capgemini’s position as one of the most foremost providers of Oracle BI and EPM technologies in North America, said Lanny Cohen, chief executive officer, Capgemini US LLC.
Capgemini recognizes that an investment in the leading-edge business analytic tools that BICG supports, will help clients gain real business value through a deeper and more comprehensive understanding of their business trends and performance, with a service offering portfolio that addresses their entire information lifecycle, ” he added. “We look forward to working with the BICG team to bring these additional Oracle technologies to our clients.”
