Post by : Badri Ariffin

French IT consulting giant Capgemini has upgraded its revenue forecast for 2025, highlighting strong demand for artificial intelligence (AI) solutions and impressive growth in North America. The company’s latest results show resilience despite a mixed global economic backdrop.

For the third quarter, Capgemini reported revenue of €5.39 billion ($6.29 billion), marking a 2.9% increase in constant currency terms. Quarterly order bookings also remained robust at €5.16 billion. These numbers reflect healthy momentum across cloud, AI, and data services offered to multiple industries.

The company now expects its full-year revenue to rise between 2% and 2.5%, up from the earlier forecast of -1% to +1%, while narrowing its operating margin target slightly to 13.3%-13.4%.

North America is emerging as the company’s strongest market, contributing 28% of global revenue. CEO Aiman Ezzat emphasized that quarterly growth in the region reached 7%, fueled by projects in financial services, telecoms, media, technology, and life sciences.

AI is playing a central role in Capgemini’s expansion strategy. The firm’s $3.3 billion acquisition of WNS, a technology outsourcing provider, is aimed at capturing rising demand in AI solutions. Ezzat noted that several promising contracts have already been signed post-acquisition, with more expected before year-end.

Capgemini’s workforce grew by 4.7% over the past year, reaching 354,700 employees by September, underscoring the company’s ongoing investment in talent to meet growing client needs.

With solid execution in North America and strategic AI investments, Capgemini appears well-positioned to sustain momentum even as global IT demand faces evolving challenges.

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