CGI Launches Massachusetts Statewide Financial Management System Mosaic
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17 hours ago
0mins
Source: PRnewswire
- System Modernization: CGI's successful launch of Mosaic, the new cloud-based financial management system for Massachusetts, marks a significant milestone in the state's efforts to modernize financial operations, expected to enhance efficiency and transparency in government operations.
- Collaborative Achievement: The launch of the Mosaic platform is the result of CGI's long-standing partnership with Massachusetts, reflecting collaboration across agencies aimed at reducing manual processes through integrated workflows and self-service capabilities.
- Enhanced Data Visualization: The Mosaic platform improves enterprise reporting capabilities by delivering consistent financial data and greater visibility, supporting agency operations and statewide reporting, which is anticipated to enhance public resource management.
- Long-term Sustainability: CGI's delivery model, which combines software, systems integration, and cloud services, enables Massachusetts to modernize its financial platform while maintaining long-term sustainability and operational flexibility.
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Analyst Views on GIB
Wall Street analysts forecast GIB stock price to rise
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 66.300
Low
81.00
Averages
129.22
High
270.00
Current: 66.300
Low
81.00
Averages
129.22
High
270.00
About GIB
CGI Inc. is a Canada-based independent information technology (IT) and business consulting services company. It delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (France, Portugal and Spain); United States (U.S.) Commercial and State Government; U.S. Federal; Canada; Scandinavia, Northwest and Central-East Europe (primarily Sweden, Netherlands, Norway, Denmark and Czech Republic); United Kingdom (U.K.) and Australia; Germany; Finland, Poland and Baltics; and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). It works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. It also has a presence in other European countries and Morocco.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CGI Launches Massachusetts Statewide Financial Management System Mosaic
- System Modernization: CGI's successful launch of Mosaic, the new cloud-based financial management system for Massachusetts, marks a significant milestone in the state's efforts to modernize financial operations, expected to enhance efficiency and transparency in government operations.
- Collaborative Achievement: The launch of the Mosaic platform is the result of CGI's long-standing partnership with Massachusetts, reflecting collaboration across agencies aimed at reducing manual processes through integrated workflows and self-service capabilities.
- Enhanced Data Visualization: The Mosaic platform improves enterprise reporting capabilities by delivering consistent financial data and greater visibility, supporting agency operations and statewide reporting, which is anticipated to enhance public resource management.
- Long-term Sustainability: CGI's delivery model, which combines software, systems integration, and cloud services, enables Massachusetts to modernize its financial platform while maintaining long-term sustainability and operational flexibility.
See More
CGI Achieves Microsoft Certified Software Partner Designation
- Microsoft Certified Partner: CGI's ERP platform, CGI Advantage®, has earned the Microsoft AI Cloud Partner Program's certified software designation, indicating its interoperability with Microsoft Cloud and enhancing CGI's competitiveness in the government sector.
- Data-Driven Decision Making: By leveraging Microsoft Azure and AI capabilities, CGI aids clients in modernizing at scale, unlocking data value, and accelerating measurable outcomes, further driving digital transformation in government.
- Industry Expertise Integration: CGI Advantage combines 50 years of public sector expertise to provide secure, intuitive solutions that meet state and local government needs in financial management, human resources, and business intelligence, improving operational efficiency.
- Global Delivery Network: CGI's partnerships with over 150 technology companies support its local relationship model, ensuring its consultants can flexibly select solutions that best fit client needs, thereby strengthening its market position.
See More
CGI Achieves Microsoft Solutions Partner Certification
- Certification Achievement: CGI's ERP platform, CGI Advantage®, has earned the Solutions Partner certification within Microsoft's AI Cloud Partner Program, indicating its software's interoperability with Microsoft Cloud, thereby enhancing CGI's competitiveness in the government sector.
- Increased Government Trust: Surabhi Subramanyam, Senior Vice-President at CGI, stated that this certification reflects the trust governments place in the CGI Advantage platform, highlighting its critical role in operations and further solidifying CGI's position in the public sector.
- Accelerated Digital Transformation: By leveraging Microsoft Azure and AI capabilities, CGI aids clients in modernizing at scale, unlocking data value, and accelerating measurable outcomes, thus driving digital transformation and data-driven decision-making in government.
- Expanded Industry Impact: CGI's solutions serve not only the government but also span healthcare, financial services, and energy sectors, showcasing its robust capabilities and deep industry expertise in building future-ready digital ecosystems.
See More
CGI Appoints Alisa Bearfield as President of CGI Federal
- New President Appointment: CGI announced that Alisa Bearfield will become President of CGI Federal on October 1, 2026, leading nearly 8,000 professionals to enhance collaboration with federal agencies and deliver mission-critical technology solutions, thereby strengthening the company's influence in the government technology sector.
- Rich Leadership Experience: Bearfield brings nearly 30 years of experience supporting U.S. federal government clients and has been recognized with the 2026 Fed100 award, showcasing her leadership in digital transformation and innovation, which is expected to drive growth for CGI Federal.
- Support for Global Operations: Current President Stephanie Mango will transition to Executive Vice-President and Chief Administrative Officer for CGI's global operations, leveraging her experience across 40 countries and over 94,000 employees to support the implementation of the company's global strategy.
- Commitment to Technological Innovation: Bearfield emphasized the opportunities for federal agencies to leverage emerging technologies and commercial best practices, as CGI continues to commit to helping clients achieve critical missions and modernize government processes.
See More
CGI Federal Appoints New President Alisa Bearfield
- New President Appointment: CGI announced Alisa Bearfield will become President of CGI Federal on October 1, 2026, leading nearly 8,000 professionals to enhance technology solutions in collaboration with federal agencies, thereby improving government service efficiency.
- Leadership Experience: With nearly 30 years of experience supporting U.S. federal government clients, Bearfield has been recognized with the 2026 Fed100 award, showcasing her leadership in digital transformation and innovation, which is expected to further drive CGI Federal's technological modernization.
- Strategic Vision: Bearfield emphasized that federal agencies have significant opportunities to leverage emerging technologies and commercial best practices, and CGI Federal will continue to help clients achieve critical missions while enhancing citizen experiences and national security.
- Global Operations Support: Current President Stephanie Mango will transition to Executive Vice-President for CGI's global operations, overseeing support for operations across 40 countries and more than 94,000 employees, ensuring ongoing innovation in technology and processes.
See More
CGI Supports ESA's Φsat-2 Mission with AI Innovations
- AI-Driven Earth Observation: CGI's Insula platform supports the European Space Agency's Φsat-2 mission by processing and harmonizing large volumes of satellite data, enabling trend detection and anomaly monitoring, thereby enhancing the efficiency and accuracy of Earth observation.
- User Access and Data Delivery: Since its public launch in June 2025, the Insula platform has attracted over 3,000 users and delivered more than 10,000 multispectral images, significantly enhancing access to satellite mission data for the scientific community and AI application developers.
- Real-Time Processing and Innovative Applications: The Φsat-2 satellite utilizes AI technology running onboard to perform real-time functions such as cloud detection and maritime vessel classification, which not only improves the timeliness of data processing but also supports emergency response scenarios, showcasing the potential of small satellites across diverse applications.
- Long-Term Collaboration and Technological Advancement: CGI's collaboration with ESA is built on over a decade of experience in advancing innovation in Earth observation and planetary monitoring, and it will continue to provide advanced technologies to the scientific community, contributing to the future of space exploration.
See More
CGI Launches Massachusetts Statewide Financial Management System Mosaic
- System Modernization: CGI's successful launch of Mosaic, the new cloud-based financial management system for Massachusetts, marks a significant milestone in the state's efforts to modernize financial operations, expected to enhance efficiency and transparency in government operations.
- Collaborative Achievement: The launch of the Mosaic platform is the result of CGI's long-standing partnership with Massachusetts, reflecting collaboration across agencies aimed at reducing manual processes through integrated workflows and self-service capabilities.
- Enhanced Data Visualization: The Mosaic platform improves enterprise reporting capabilities by delivering consistent financial data and greater visibility, supporting agency operations and statewide reporting, which is anticipated to enhance public resource management.
- Long-term Sustainability: CGI's delivery model, which combines software, systems integration, and cloud services, enables Massachusetts to modernize its financial platform while maintaining long-term sustainability and operational flexibility.
See More
CGI Achieves Microsoft Certified Software Partner Designation
- Microsoft Certified Partner: CGI's ERP platform, CGI Advantage®, has earned the Microsoft AI Cloud Partner Program's certified software designation, indicating its interoperability with Microsoft Cloud and enhancing CGI's competitiveness in the government sector.
- Data-Driven Decision Making: By leveraging Microsoft Azure and AI capabilities, CGI aids clients in modernizing at scale, unlocking data value, and accelerating measurable outcomes, further driving digital transformation in government.
- Industry Expertise Integration: CGI Advantage combines 50 years of public sector expertise to provide secure, intuitive solutions that meet state and local government needs in financial management, human resources, and business intelligence, improving operational efficiency.
- Global Delivery Network: CGI's partnerships with over 150 technology companies support its local relationship model, ensuring its consultants can flexibly select solutions that best fit client needs, thereby strengthening its market position.
See More
CGI Achieves Microsoft Solutions Partner Certification
- Certification Achievement: CGI's ERP platform, CGI Advantage®, has earned the Solutions Partner certification within Microsoft's AI Cloud Partner Program, indicating its software's interoperability with Microsoft Cloud, thereby enhancing CGI's competitiveness in the government sector.
- Increased Government Trust: Surabhi Subramanyam, Senior Vice-President at CGI, stated that this certification reflects the trust governments place in the CGI Advantage platform, highlighting its critical role in operations and further solidifying CGI's position in the public sector.
- Accelerated Digital Transformation: By leveraging Microsoft Azure and AI capabilities, CGI aids clients in modernizing at scale, unlocking data value, and accelerating measurable outcomes, thus driving digital transformation and data-driven decision-making in government.
- Expanded Industry Impact: CGI's solutions serve not only the government but also span healthcare, financial services, and energy sectors, showcasing its robust capabilities and deep industry expertise in building future-ready digital ecosystems.
See More
CGI Appoints Alisa Bearfield as President of CGI Federal
- New President Appointment: CGI announced that Alisa Bearfield will become President of CGI Federal on October 1, 2026, leading nearly 8,000 professionals to enhance collaboration with federal agencies and deliver mission-critical technology solutions, thereby strengthening the company's influence in the government technology sector.
- Rich Leadership Experience: Bearfield brings nearly 30 years of experience supporting U.S. federal government clients and has been recognized with the 2026 Fed100 award, showcasing her leadership in digital transformation and innovation, which is expected to drive growth for CGI Federal.
- Support for Global Operations: Current President Stephanie Mango will transition to Executive Vice-President and Chief Administrative Officer for CGI's global operations, leveraging her experience across 40 countries and over 94,000 employees to support the implementation of the company's global strategy.
- Commitment to Technological Innovation: Bearfield emphasized the opportunities for federal agencies to leverage emerging technologies and commercial best practices, as CGI continues to commit to helping clients achieve critical missions and modernize government processes.
See More
CGI Federal Appoints New President Alisa Bearfield
- New President Appointment: CGI announced Alisa Bearfield will become President of CGI Federal on October 1, 2026, leading nearly 8,000 professionals to enhance technology solutions in collaboration with federal agencies, thereby improving government service efficiency.
- Leadership Experience: With nearly 30 years of experience supporting U.S. federal government clients, Bearfield has been recognized with the 2026 Fed100 award, showcasing her leadership in digital transformation and innovation, which is expected to further drive CGI Federal's technological modernization.
- Strategic Vision: Bearfield emphasized that federal agencies have significant opportunities to leverage emerging technologies and commercial best practices, and CGI Federal will continue to help clients achieve critical missions while enhancing citizen experiences and national security.
- Global Operations Support: Current President Stephanie Mango will transition to Executive Vice-President for CGI's global operations, overseeing support for operations across 40 countries and more than 94,000 employees, ensuring ongoing innovation in technology and processes.
See More
CGI Supports ESA's Φsat-2 Mission with AI Innovations
- AI-Driven Earth Observation: CGI's Insula platform supports the European Space Agency's Φsat-2 mission by processing and harmonizing large volumes of satellite data, enabling trend detection and anomaly monitoring, thereby enhancing the efficiency and accuracy of Earth observation.
- User Access and Data Delivery: Since its public launch in June 2025, the Insula platform has attracted over 3,000 users and delivered more than 10,000 multispectral images, significantly enhancing access to satellite mission data for the scientific community and AI application developers.
- Real-Time Processing and Innovative Applications: The Φsat-2 satellite utilizes AI technology running onboard to perform real-time functions such as cloud detection and maritime vessel classification, which not only improves the timeliness of data processing but also supports emergency response scenarios, showcasing the potential of small satellites across diverse applications.
- Long-Term Collaboration and Technological Advancement: CGI's collaboration with ESA is built on over a decade of experience in advancing innovation in Earth observation and planetary monitoring, and it will continue to provide advanced technologies to the scientific community, contributing to the future of space exploration.
See More
