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Thursday, July 30, 2026
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Capgemini sees multi-year IT modernisation boom as firms prepare for AI

First publishedJul 30, 07:36 UTC
Last updatedJul 30, 11:42 UTC · 26m ago
11 outletInvesting.com · Economy
Investing.com · Economy6Capgemini sees multi-year IT modernisation boom as firms prepare for AIOpen ↗
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Capgemini sees multi-year IT modernisation boom as firms prepare for AI
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Answer

Capgemini CEO Aiman Ezzat said companies need to modernise old technology systems before using AI. This will be a multi-year investment cycle. The biggest obstacle to wider AI adoption is legacy systems.

Reported by 1 outlet — Investing.com · Economy. See all sources ↓

Capgemini's CEO said companies need to update old technology before using AI. This will take many years and cost a lot of money. The main problem is old systems that are hard to change.

Why it matters

This news is important because many companies are trying to use AI. They need to update their old technology to do this.

In brief
What does Capgemini's CEO say companies need to do before using AI?
Update old technology systems.
How long will this process take?
It will be a multi-year investment cycle.
What is the main problem with using AI?
Legacy systems are the main problem.
Different angles across outlets
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The outlets report on Capgemini's CEO saying companies need to update old technology before using AI. They all agree on the main point, but don't add much extra information.

  • Coverage cardFraming signal
    1Angle
    Scouting report

    Companies need to update old technology before using AI.

    Sources1
    TypeAngle
    Investing.com · EconomyReports on Capgemini's revenue growth target
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organizationAI. JulyorganizationButorganizationCapgeminiorganizationCapgemini Chief Executive AimanorganizationEveryorganizationEzzatorganizationReutersorganizationSpeaking
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