CGI Inc. (NYSE:GIB) is one of the 10 Most Promising Technology Stocks to Invest In. On August 26, CGI Inc. (NYSE:GIB) announced that it has been awarded a 10-year contract with the State of New Jersey to enhance natural disaster recovery operations.
The 10-year contract will allow CGI to continue to contribute to the development, enhancement, and support of the State Integrated Recovery Operations Management Systems (SIROMS). Under the renewed agreement, CGI will support New Jersey’s readiness to respond to natural disasters of all kinds. The company will help the state to efficiently manage federal recovery funds and minimize the overall cost of natural disaster recovery.
“Our partnership with CGI has been instrumental in helping New Jersey respond effectively to major disasters and prepare for those yet to come. This agreement ensures we have both the technology and expertise in place to protect our residents and communities while reducing the cost and complexity associated with long-term disaster recovery,” said Parth Sampath, State Contract Manager, New Jersey Department of Community Affairs.
CGI’s decade of collaboration with the state has demonstrated the power of a modern, adaptable technology platform to serve citizens at the time of need. This collaboration supports the growing community of state and local governments working together to strengthen resilience and organize recovery.
CGI Inc. (NYSE:GIB) provides IT and business process services, including business and strategic IT consulting, systems integration, and software solutions.
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Disclosure: None. This article is originally published at Insider Monkey.