Capgemini Ey Strengthens Client Relationships Through Value Creation

Capgemini Ey understands that building strong relationships with clients is key to long-term success. By creating value for their clients, they are able to earn their trust and loyalty.

Through their expertise in digital transformation, data analytics, and artificial intelligence, Capgemini Ey helps clients navigate complex challenges and achieve their goals. Their team of experienced professionals works closely with clients to understand their needs and develop tailored solutions.

By focusing on value creation, Capgemini Ey is able to deliver results that exceed their clients' expectations. This approach has earned them a reputation as a trusted partner in the industry.

Cap Gemini acquired Ernst & Young's consulting business through a stock swap deal after nearly three months of negotiations.

The acquisition includes Ernst & Young Consulting operations in the US, Canada, UK, Germany, France, Spain, and Italy, with plans to expand to other countries once approved by Ernst & Young partners and Cap Gemini shareholders.

Broaden your view: Ey Strategy and Consulting Co. Ltd

The resulting company will have a 1999 revenue of 7.8 billion euros and a global workforce of 58,000 employees.

Cap Gemini's 1999 revenue in business consulting and IT services was 4.3 billion euros, employing 36,000 people.

Ernst & Young Consulting had a 3.5 billion euro business and 18,000 employees.

In Spain, the combined revenue is around 25 billion pesetas, with a workforce of about 2,000 people.

This acquisition will help Cap Gemini strengthen its presence in countries like the US and Germany, where it had limited presence.

The combined company will integrate Gemini Consulting, Cap Gemini's strategy consulting division.

Cap Gemini can use the Ernst & Young Consulting brand for four years, during which Ernst & Young is committed not to compete with Cap Gemini in this market.

Once approved in June, Cap Gemini will carry out a capital increase of up to 43.5 million new shares and 375 million euros in capital.

Expand your knowledge: Ey Tech Risk Consulting

In a world where instant results and automated workloads are the norm, Accounts Payable can drive insights and transform results.

Transforming Accounts Payable into a value-engine is the key to unlocking its true potential.

Accountants are not an expense, they create value, and it's time to shift our mindset to see them in a new light.

By recognizing the value they bring, we can start to see the true worth of our clients' relationships with us.

In fact, the potential for AP to drive insights and transform results is enormous, and it's time to tap into it.

As a business leader, it's essential to understand the growing demand for ESG support among your clients. 476,000 UK SMEs will need an ESG plan in the next few years.

Many of these businesses are looking for guidance on how to navigate the complexities of ESG and integrate it into their operations. This is a significant opportunity for your firm to offer valuable expertise and support.

The need for ESG support is not limited to large corporations; SMEs are also recognizing the importance of ESG in their business strategies. In fact, 476,000 UK SMEs will need an ESG plan in the next few years.

Your firm can position itself as a trusted advisor by offering ESG support services that cater to the unique needs of SMEs. This could include developing tailored ESG plans, conducting sustainability assessments, and providing training and education on ESG best practices.

By providing ESG support, your firm can help SMEs improve their environmental and social performance, reduce risks, and increase their competitiveness. This can lead to long-term benefits for both your clients and your business.

For another approach, see: Business Partner