The world in 2025 was marked by growing uncertainties, shifting geopolitical dynamics, and accelerating technological change. Against this backdrop, we exceeded our growth target and maintained control over our margins and organic cash flow. This performance is above all the result of bold, structuring decisions, supported by a coherent strategy and the exemplary commitment of our teams. It confirms the relevance of a model based on expertise, proximity to our clients, and the ability to support complex, large-scale transformations.
The past year also marked a decisive milestone in the evolution of artificial intelligence. Following a phase of exploration and experimentation, AI is now entering an era of industrialization: it is becoming a structuring driver of value creation, productivity, and competitiveness. From Generative AI to the first Agentic systems, it is transforming production lines, accelerating design, redefining operating models, and opening up new avenues for innovation across all sectors. For our clients, the challenge is no longer to experiment, but to shape, secure, and deploy these technologies at scale, to capture their full potential while mastering their impacts.
However, scaling up is far more demanding than it may seem: it requires robust technological foundations (data, cloud, cybersecurity), responsible governance, and the ability to deeply transform processes, skills, and decision- making models. It also calls for a nuanced understanding of industries and business contexts, as well as a strong ecosystem bringing together the best partners. We have positioned Capgemini as the catalyst for the large-scale deployment of AI in businesses. This is precisely where our distinctive strength lies: combining technological excellence, industry expertise, and global scale to orchestrate complex transformations and translate them into tangible, fast, and sustainable results.
In this new technological landscape, sovereignty is becoming increasingly critical, and represents a major opportunity. Our clients, in Europe and beyond, need to balance access to the world’s best innovations with control over their data, infrastructure, and strategic choices, within a strengthened framework of security, compliance, and resilience. Capgemini occupies a unique position in this regard: a global Group deeply rooted in Europe, capable of supporting this balance and turning technological sovereignty into a competitive advantage. A pragmatic approach to sovereignty - based on open architectures, strong partnerships with leading players, and a trusted AI framework - enables the development of robust, innovative, and fully controlled solutions. It is in this spirit that Capgemini offers its clients a unique model, where sovereignty and performance come together to transform their strategic choices into opportunities, while making the most of global innovation.
2025 was also marked by the acquisition of WNS, which positions Capgemini as a global leader in Intelligent Operations based on Agentic AI. This integration expands our expertise in automation and accelerates our ability to transform our clients’ operations at scale.
Our ambition is rooted in a simple conviction: in a rapidly changing world, value comes from the ability to connect vision with action. This is the essence of our brand promise, “Make it real.” Transforming technological potential - particularly that of artificial intelligence - into concrete, effective, and responsible solutions; combining artificial intelligence with human intelligence; and deploying trusted, secure, and compliant AI within a framework of controlled technological sovereignty: this is the dynamic that guides Capgemini.
We approach the future with confidence, strengthened by the quality of our talent, the depth of our expertise, and our ability to support our clients from strategy to execution at scale. Every day, our teams demonstrate that innovation is only valuable when it translates into tangible, sustainable, and measurable results, and I thank them for their unwavering commitment. I would also like to thank our clients, whose trust and loyalty inspire us to go further. This is how we will continue to move forward: with high standards, with responsibility, and with resolute confidence in Capgemini’s future.
Aiman Ezzat
Chief Executive Officer
