News Summary

• Capgemini sees a "multi-year modernization supercycle" as companies upgrade the foundations needed to support AI.
• Comments came after Capgemini raised its 2026 revenue growth target following stronger bookings.
• Ezzat: Biggest obstacle to wider AI adoption was not access to models, but legacy systems, fragmented data and complex technology estates built up over decades.
• "AI is not only creating demand for new business capability; it's also accelerating the modernization of the technology foundation on which those capabilities depend," he said.