Two thirds of CIOs believe that IT is critical to business innovation, but only one out of four felt their IT function was actually driving business innovation

Capgemini Consulting, the strategy and management consulting discipline of the Capgemini Group, today revealed the findings of its third Global CIO survey entitled ‘The role of the IT function in Business Innovation – Operator vs. Innovator’, which is the result of almost 400 face to face interviews with global CIOs representing all industries.

Capgemini’s new study “Core Banking Systems Survey 2008” shows system modernization and replacement is key to success

A changing economy and increased regulatory requirements have put increased pressure on banks and their core banking systems. However, according to the 2008 Core Banking Systems Survey* from Capgemini, almost all of the top retail banks globally are still using legacy systems dating from the 1960s and 1970s in domestic markets; despite the growth of packaged banking solutions in international operations over the last three decades. To sustain growth under recent banking pressures and continued regulatory requirements, it is essential for banks to have the right core banking systems in place.

Capgemini, one of the world's foremost providers of Consulting, Technology and Outsourcing services, announced today that it has signed an agreement with Unilever, one of the world’s leading suppliers of fast moving consumer goods, to manage the Company’s financial shared service centers and provide BPO services in Latin America. In early May, Capgemini will integrate and manage Unilever’s financial shared service centers in Santiago, Chile, and Sao Paulo, Brazil.