Overview
Capgemini SE (EPA: CAP) is a Paris-headquartered global IT services firm reporting €22.5 billion in 2025 revenue across approximately 423,000 employees. Founded in 1967 by Serge Kampf in Grenoble, the firm is publicly listed in Paris and remains the largest European-headquartered IT services group. Capgemini operates four global business lines — Strategy & Transformation, Applications & Technology, Operations & Engineering, and the Cloud Infrastructure Services group — with offshore delivery weighted to India, where Capgemini holds roughly 66% of total headcount.
Within managed IT services, Capgemini delivers application managed services, infrastructure managed services, cloud managed services, digital workplace services, and managed business processes. The firm publishes Capgemini Cloud Platform as its delivery automation stack for cloud managed services and operates regional service hubs across Pune, Bangalore, Krakow, Lisbon, and Casablanca. Capgemini Sogeti, the firm's local-market technical services brand, handles smaller and mid-market engagements across Western Europe and Australia.
Capgemini is a defensible choice for buyers headquartered in Europe, particularly France, Germany, the Nordics, and Benelux, where the firm has the deepest enterprise relationships and onshore bench. It is less obvious for buyers focused exclusively on US federal cleared work, where Accenture, IBM Consulting, and Unisys hold deeper incumbencies. The 2022 acquisition of Altran and the 2024 expansion of the Capgemini Engineering segment have widened the firm's industrial services portfolio.
Services Offered
- Application managed services across SAP, Oracle, custom, and mainframe estates
- Infrastructure managed services — hosting, network, end-user computing
- Cloud managed services across AWS, Azure, and Google Cloud
- Managed security operations and zero-trust deployment
- Digital workplace and end-user services
- Network operations, SD-WAN, and 5G enterprise services
- SRE, platform engineering, and DevOps as a service
- Business continuity, DR, and resilient hosting
- SAP RISE managed services and S/4HANA AMS
Typical Engagement
| Engagement Type | Model | Typical Range |
|---|---|---|
| Managed services assessment | Fixed-fee project | $200K–$800K (6–12 weeks) |
| Application managed services programme | Annual contract | $3M–$60M per year |
| Multi-tower IT outsourcing | Multi-year outcome contract | $30M–$500M+ (5–7 years) |
| Managed cloud / infrastructure retainer | Monthly retainer | $100K–$2M+ per month |
| Staff augmentation (engineer or SME) | Hourly bill rate | $55–$220/hour blended |
Pricing ranges verified May 2026 from public statements of work and reference checks. European onshore delivery runs at the top of the range; offshore-heavy delivery from India and Poland sits at the lower end.
Strengths
- Deepest European enterprise account footprint of any global IT services firm, including incumbencies in CAC 40 and DAX 40 boards
- Strong managed SAP services bench — Capgemini ranks among the top three SAP partners by certified consultants
- Capgemini Engineering (formerly Altran) provides industrial and embedded systems support for automotive, aerospace, and life sciences
- Mature nearshore delivery from Krakow, Lisbon, and Casablanca with native French, German, Spanish, and Italian capability
- Publicly listed with transparent quarterly disclosures and segment-level reporting on managed services revenue
- Sustainability and ESG capability is a recurring strength in European RFPs, with audited net-zero commitments
Limitations
- Smaller US enterprise footprint than Accenture, Cognizant, or TCS, with limited cleared federal capability
- Onshore French and German delivery is materially higher cost than tier-1 Indian competitors
- Integration of Altran and Sogeti acquisitions has occasionally produced variable delivery quality across business units
- Less depth in hyperscaler-native platform engineering compared with EPAM, Thoughtworks, and Globant
- Methodology and governance overhead can feel heavy on smaller or product-led engagements