CGI vs Infosys

CGI named a Leader in the 2026 IDC MarketScape vendor assessment of worldwide trade finance systems

CGI has been named a Leader in the 2026 IDC MarketScape vendor assessment of worldwide trade finance systems, a significant industry recognition for the company's trade finance technology leadership.

10-Q Financial Filing Analysis for CGI (2026-07-29)

Corcept Therapeutics reported strong financial results for the second quarter ended June 30, 2026, generating net product revenue of $256.1 million, a 31.7% increase year-over-year. Growth was accelerated by the commercial launch of Lifyorli (relacorilant) in combination with nab-paclitaxel for platinum-resistant ovarian cancer, which contributed $47.6 million in debut quarterly sales alongside core hypercortisolism therapies. On the regulatory and legal front, Corcept resubmitted its relacorilant NDA for endogenous Cushing's syndrome with a PDUFA date set for December 17, 2026, while the Court of Appeals affirmed a non-infringement ruling in the Teva patent litigation and denied a rehearing en banc in July 2026.

• Q2 2026 net product revenue rose 31.7% year-over-year to $256.1 million, bolstered by $47.6 million in initial sales from newly launched Lifyorli.
• Corcept resubmitted its New Drug Application (NDA) for relacorilant in endogenous Cushing's syndrome on June 17, 2026, establishing an FDA PDUFA target action date of December 17, 2026.
• The Court of Appeals affirmed a District Court ruling of non-infringement in the Teva patent litigation, with a petition for rehearing en banc denied in July 2026.

CGI Prices C$500 Million Senior Notes Offering

CGI Inc. has priced a private offering of C$500 million in senior unsecured notes, split equally between 3.25-year and 4.75-year maturities, with interest rates of 4.195% and 4.484% respectively. The offering is expected to close around September 14, 2026, and the net proceeds of approximately C$497.3 million will be used to repay existing indebtedness and for general corporate purposes. The notes are being offered in Canada on a private placement basis through a syndicate of agents led by major Canadian financial institutions including Scotiabank, Desjardins, BMO, CIBC, National Bank, RBC, and TD Securities. This financing move is part of CGI's capital management strategy to optimize its debt structure, reflecting the company's strong market position and liquidity management.

• CGI priced C$500 million in senior unsecured notes, split into two series of C$250 million each.
• The notes carry interest rates of 4.195% (3.25-year) and 4.484% (4.75-year).
• Net proceeds of ~C$497.3 million will be used for debt repayment and general corporate purposes.

Hang Ten Systems Raises Additional $53M Seed Funding

Hang Ten Systems, an AI startup founded by former Infosys CEO Vishal Sikka, has secured an additional $53 million in seed funding, just five weeks after its initial $32 million seed round. The new investment was led by Xora, Temasek's early-stage investment platform, bringing total funding to $85 million. Mayfield, which led the earlier round, also participated, alongside Aramco Ventures, Intel CEO Lip-Bu Tan, Micron CEO Sanjay Mehrotra, and Yahoo co-founder Jerry Yang. Hang Ten advises large enterprises (with over $10 billion in annual revenue) on AI strategy and helps build and modernize software, claiming significant cost and speed improvements. The startup has already signed multiple seven-figure contracts and is pursuing eight-figure deals, working with 21 major enterprises including Fresenius Kabi, Saudi Aramco, and Siemens Energy. It plans to expand its engineering, consulting, and sales teams.

• Hang Ten Systems raised an additional $53 million in seed funding, led by Xora, bringing total funding to $85 million.
• The startup was founded in May 2026 by former Infosys CEO Vishal Sikka.
• Customers include Fresenius Kabi, Saudi Aramco, and Siemens Energy.

Which Marketers Lead in the Age of Agentic AI?

Sumit Virmani, Global Chief Marketing Officer at Infosys, argues that agentic AI and AI agents are fundamentally reshaping marketing. The guest commentary (published on Horizont on 2026-08-19) highlights that AI-driven agents now resolve around seven out of ten customer chat enquiries without human handover, and that software can autonomously create briefings, generate content, and activate campaigns. The piece discusses which marketing functions will be most affected and which roles will gain importance, while emphasising the need for human oversight.

• Article authored by Sumit Virmani, Global Chief Marketing Officer of Infosys.
• Published on Horizont on 2026-08-19.
• The article states that AI agents now resolve seven out of ten customer chat enquiries without handing them to human employees.

Crocs signs 10-year AI deal with Infosys

Crocs, Inc. has signed a 10-year strategic partnership with Infosys to modernize its business and IT systems using an AI-centric approach. The deal, announced in an Infosys press release dated Aug. 6 and reported Aug. 13, 2026, aims to cut costs, streamline operations, unify data, break down operational silos and improve agility. Crocs’ CIO Tom Britt said the partnership will leverage Infosys’ delivery frameworks and automation capabilities to optimize operations and scale responsibly. The article notes Crocs’ recent consumer-facing tech experiments and its strong recent quarterly revenue performance above $1 billion.

• Crocs, Inc. signed a 10-year strategic partnership with Infosys, announced in an Aug. 6 press release.
• The agreement is intended to modernize Crocs’ business and IT systems to reduce costs, streamline operations and unify data.
• Tom Britt, chief information officer at Crocs, said Infosys’ delivery frameworks and automation capabilities will help optimize operations and scale responsibly.