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4-Traders Homepage  >  Equities  >  Euronext Paris  >  CAST    CAS   FR0000072894

CAST (CAS)

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CAST : Capgemini Advances the State of the Art in Software Quality

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01/17/2012 | 10:19pm CET
Global deployment of CAST Technology Underpins Fundamental Commitment to Client Success

New York and Paris - January 17, 2012 - After many years of close collaboration and significant industrialization investments, initially led in France, Group completed a worldwide investment in automation from CAST, the world leader in . Capgemini extended CAST technology on a global basis to ensure the highest software quality standards in application development and maintenance across all its clients worldwide. In addition, the partnership will enable Capgemini to accelerate the introduction of new application risk assessment offers based on advanced structural software analytics from CAST.

Being among the first application services providers in the world to implement automated structural quality oversight in all application development and delivery, Capgemini demonstrates a commitment to client success in its most fundamental form. Standardizing measurement of software construction at all points in the application lifecycle also forms a key element of Lean principles applied to all development and maintenance work across the services giant.

CAST has been in use at Capgemini's Application Intelligence Center since 2006, expertise that will be extended to new go-to-market capabilities as innovative avenues for client acquisition and extension. Structural quality measurement as part of the fabric of delivery provides a basis for differentiation, proactively building the foundation for quantum improvement in the client value equation, with Capgemini management leading the application services industry in its industrialization journey.

"Software analysis and measurement is clearly a must-have in application services" said Vincent Delaroche, CEO and Chairman of CAST. "I am very bullish about this strategic move, placing our companies at the forefront of achieving IT industry maturity, and reinforcing our respective leadership and market presence in North America, Europe and India."

Paul Hermelin, Capgemini Group CEO concludes: "I am pleased to announce, as part of our relentless industrialization program, an enterprise wide agreement with CAST. This will enable us to use CAST across our application services worldwide and will lead to significant automation of our software quality control activities enabling a reduction in rework effort with benefits for both ourselves and foremost, our clients".

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Financials (€)
Sales 2016 39,5 M
EBIT 2016 0,95 M
Net income 2016 0,90 M
Finance 2016 13,6 M
Yield 2016 -
P/E ratio 2016 61,20
P/E ratio 2017 21,25
EV / Sales 2016 0,95x
EV / Sales 2017 0,79x
Capitalization 51,2 M
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Mean consensus HOLD
Number of Analysts 4
Average target price 3,38 €
Spread / Average Target -2,7%
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Vincent Delaroche Chairman & Chief Executive Officer
Gregg Blatt Executive VP-Worldwide Field Operations
Alexandre Rérolle CFO & Investor Relations Officer
Bill Curtis Senior Vice President & Chief Scientist
François Barbara Director
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