Dec, 2001 : University of Waterloo, CGI Create E-Com Initiative
📅 - The University of Waterloo (uwaterloo.ca) in partnershipwith CGI Group Inc. (cgi.ca) today announced the decision to create an R&D Chair at the University of Waterloo to advance research in e-commerce.
"This initiative will act as a catalyst in providing deeper understanding ofwhich concepts of future e-business solutions are most likely to providecompetitive advantages in key sectors including financial services,telecommunications and government," said Michael Roach, president, Canadaand Europe, CGI. "It enables the creation of targeted, high qualitye-commerce solutions, while solidifying CGI's growth commitment to theKitchener-Waterloo region where it is active in the insurance market servingsuch clients as Economical."
As a complement to this initiative, CGI will seek a major client in each keysector to participate in the development of a world-class research centre ofexcellence with an emphasis on real business issues. The financial servicesresearch centre of excellence will be in the insurance field, one of CGI'sstrong and well-recognized areas of expertise.
As part of the partnership, the University of Waterloo and CGI signed aprotocol for a human resources stream that will facilitate academicexchanges including access to graduates and increased participation in theUniversity of Waterloo's highly successful co-op programs. In Ontario alone,CGI employs over 3,500 professionals with an additional 9,000 worldwide.
As part of the e-commerce initiative, a research lab will also beestablished at the Universitié de Montréal to capitalize upon theirtop-notch expertise to then develop prototypes to test the practical resultsof the research and advanced concepts of e-business architecture. The plancalls for CGI to invest CDN$1.5 million in the creation of this Chair andlab which is scheduled to be up and running in the spring of 2002.
"This project is based on the concept that research in e-business cannot bedone well in discrete pieces, but requires a team approach withcomplementary expertise over a wide range of interest," said David Johnston,president, University of Waterloo. "This is a model case of a universityworking hand-in-hand with a renowned business leader to create a win- winoutcome."
E-commerce is evolving and rapidly moving from a pure technology-drivenfocus to a user-need driven focus. The goals of this important initiativeare to understand which concepts of future e-business solutions are mostlikely to provide competitive advantages in key sectors namely financialservices, telecommunications and government and the commonalities of theseconcepts. As well, it will help develop fundamental understanding of designspaces, architectures, integration methodologies for such e-businesssolutions, and assist the development and testing of such breakthroughmethods and systems.
"CGI is very pleased to be at the core of this vital initiative as we seehow e-commerce is rapidly changing the way our clients do business. AsCanada's global IT services firm, CGI recognizes its role and responsibilityto establish strong links with universities in their ongoing researchefforts and in doing so fuel CGI's efforts to accelerate our growth andposition as a world-class IT partner," said Roach.
"This initiative will act as a catalyst in providing deeper understanding ofwhich concepts of future e-business solutions are most likely to providecompetitive advantages in key sectors including financial services,telecommunications and government," said Michael Roach, president, Canadaand Europe, CGI. "It enables the creation of targeted, high qualitye-commerce solutions, while solidifying CGI's growth commitment to theKitchener-Waterloo region where it is active in the insurance market servingsuch clients as Economical."
As a complement to this initiative, CGI will seek a major client in each keysector to participate in the development of a world-class research centre ofexcellence with an emphasis on real business issues. The financial servicesresearch centre of excellence will be in the insurance field, one of CGI'sstrong and well-recognized areas of expertise.
As part of the partnership, the University of Waterloo and CGI signed aprotocol for a human resources stream that will facilitate academicexchanges including access to graduates and increased participation in theUniversity of Waterloo's highly successful co-op programs. In Ontario alone,CGI employs over 3,500 professionals with an additional 9,000 worldwide.
As part of the e-commerce initiative, a research lab will also beestablished at the Universitié de Montréal to capitalize upon theirtop-notch expertise to then develop prototypes to test the practical resultsof the research and advanced concepts of e-business architecture. The plancalls for CGI to invest CDN$1.5 million in the creation of this Chair andlab which is scheduled to be up and running in the spring of 2002.
"This project is based on the concept that research in e-business cannot bedone well in discrete pieces, but requires a team approach withcomplementary expertise over a wide range of interest," said David Johnston,president, University of Waterloo. "This is a model case of a universityworking hand-in-hand with a renowned business leader to create a win- winoutcome."
E-commerce is evolving and rapidly moving from a pure technology-drivenfocus to a user-need driven focus. The goals of this important initiativeare to understand which concepts of future e-business solutions are mostlikely to provide competitive advantages in key sectors namely financialservices, telecommunications and government and the commonalities of theseconcepts. As well, it will help develop fundamental understanding of designspaces, architectures, integration methodologies for such e-businesssolutions, and assist the development and testing of such breakthroughmethods and systems.
"CGI is very pleased to be at the core of this vital initiative as we seehow e-commerce is rapidly changing the way our clients do business. AsCanada's global IT services firm, CGI recognizes its role and responsibilityto establish strong links with universities in their ongoing researchefforts and in doing so fuel CGI's efforts to accelerate our growth andposition as a world-class IT partner," said Roach.
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