Capgemini announces the signing of a ten-year contract worth 1.6 billion euros with Schneider Electric following exclusive negotiations begun on June 9, 2004.

This contract will involve:
· The outsourcing of Schneider Electric’s European IT systems through the transfer, as from January 2005, of around 800 people to Capgemini sites in the countries concerned;
· The construction of a unique global IT system based on SAP solutions for Schneider Electric’s four operational management structures (North America, Asia Pacific, Europe, Iberia & International)

Based on its knowledge of Schneider Electric’s industries, Capgemini will ensure a controlled evolution of the company’s applications systems, the continuity of current operations and an optimisation of cost management. Capgemini’s strong commitment to the social welfare of employees – the key to the success of big outsourcing contracts – and the mutual trust enjoyed by the two groups guarantee a fruitful and long-lasting relationship.

With this new success in transformational outsourcing, Capgemini confirms its positioning as a global leader in this industry.

About the Capgemini Group
Capgemini, one of the world’s foremost providers of Consulting, Technology and Outsourcing services, reported 2003 global revenues of 5.7 billion euros and employs approximately 60 000 people worldwide.