AI/GenAI ProjectsCapgemini signed approximately 600 GenAI projects and has around 1,500 more in the pipeline, highlighting strong demand and potential for growth in AI/GenAI-related services.
Financial Performance1Q24 results are solid and confirmation of being at the trough is a positive development, indicating that Capgemini is well on the path to recovery with expectations for a gradual market improvement.
Market DemandCapgemini's SAP practice could sustain the pace of a double-digit organic revenue growth, given its depth in S/4 offerings, large exposure to manufacturing industries, and strong underlying market demand for S/4.