May 27 (Reuters) - Capgemini unveiled new
medium-term targets on Wednesday, as the French IT group
positions itself as a consultant to help companies implement AI
across industries.
The group targets average yearly revenue growth of 5.5% to
7.5% between 2025 and 2028, and cumulative organic free cash
flow of more than €6 billion ($6.98 billion) from 2026 to 2028.
It also aims to raise its operating profit before acquisition
costs to between 12.1% and 12.3% of revenue by 2028, it said in
a statement.
Capgemini said it was targeting the sprawling work of wiring AI
into how large legacy companies actually run, notably through
its WNS unit. The group will bet on its "in-depth knowledge of
the business challenges of each industry", CEO Aiman Ezzat said
in a statement published ahead of its capital markets day event.
The strategy places Capgemini in a crowded field that
says enterprise AI adoption is too industry-specific to be
solved by off-the-shelf tools, and that the real value of AI
lies in applying it to companies' own data and operations.
French AI pure-play Mistral is targeting industrial clients in
aerospace and automotive sectors with physics-capable AI, while
ad giant Publicis has expanded itself into an AI maker
and IT consultant, explicitly competing with the likes of
Capgemini and Accenture ( ACN ).
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