Capgemini is one of Europe’s IT services success stories in terms of its financial transformation: since 2020, the company’s organic revenue growth has been in line with tier-one Indian peers. Capgemini’s next challenge is its operating margin (~10% in H1 2025), which remains significantly below that of Accenture (~15%).
One of Capgemini’s achievements is that it has reduced its cyclicity: the company’s revenue growth is still impacted by the economic environment, but to the same extent as in the early 2000s. Capgemini continues to improve its operating margin during economic downturns, albeit at a slower pace.
The company has successfully established a significant presence in India. PAC estimates that Capgemini has 240,000 employees in India, in line with tier-one vendors (for instance, HCLTech has ~227k employees globally).
Capgemini’s core activity remains application services, an area in which it continues to excel. The company has a significant presence in business consulting, is selective in IT infrastructure services, and has a tier-one presence in ER&D and BPO services. In the short term, the firm’s priority remains the AI-ification of its service portfolio. We also expect Capgemini to strategically expand in the defense sector.
Recommended advisory: PAC Leadership Session – ER&D: Verticals, Digital Engineering, Industry 4.0, and LLMs
SHARE :
This Excel document is part of the company profiles PAC publishes every year at local, regional and worldwide level.
Event Date : April 30, 2025
This Excel document is part of the company profiles PAC publishes every year at local, regional and worldwide level.
Event Date : March 12, 2025
This Excel document positions and ranks the major software and IT services suppliers by revenue in Spain
Event Date : August 11, 2025
This document provides market volumes, growth rates and forecasts for the Public and Hosted Private Cloud in Western Europe for the 2022-2028 period.
Event Date : May 27, 2025
The Digital Customer Engagement vendor profiles portray leading providers in the Digital Customer Engagement area, analyzing their strategies and ...
Event Date : February 25, 2025
Cognizant - Figures - Switzerland – FY 31-Dec-2025
Datamart March 11, 2026 NEW 
Cognizant – Vendor Profile – Switzerland
Vendor Profile March 11, 2026 NEW
UNIT4 - Vendor Profile - Worldwide
Vendor Profile March 11, 2026 NEW
Total IoT by Segments - Market Figures - Belgium
Datamart March 10, 2026 NEW
Radar March 10, 2026
Atos: Cause for Optimism, Despite the Headlines
Blog Post February 05, 2024
How the Middle East Conflict Could Shape the IT Services Market
Blog Post March 10, 2026
Part 7: Navigating the IAM Vendor Landscape – Platforms, Trends, and How to Choose
Blog Post March 10, 2026
Part 6: The IAM Technology Landscape – Components, Architectures, and Design Options
Blog Post March 03, 2026
AI Powers Your Innovation Flywheel
Blog Post February 25, 2026
Orange Business FY 2025, facing the future with trust…
Blog Post February 25, 2026
