Alithya Group Signs $12M Agreement for Large-Scale Server Migration Project

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Alithya Group (NASDAQ: ALYA) has signed a server migration agreement worth $12 million over two years with a client from the Canadian financial services industry. The agreement which was signed in July 2021 will be in place until 2023. According to Alithya, it’s quite a complex project which involves the migration of multiple servers to the cloud.

Alithya is a large provider of strategy and digital transformation offerings in North America. In Canada, the United States, and Europe altogether the firm employs over 3,000 experts. Business strategies, enterprise solutions, application services, and data and analytics are the four pillars of Alithya’s integrated offering.

The large-scale server migration project agreement was signed with a major Canadian financial sector client. The name of this financial services customer was not disclosed.

Financial Services Sector

Photo Paul Raymond
“This complex project which includes the migration of multiple servers to the cloud will serve as an accelerator for our client,” said Paul Raymond, President and CEO of Alithya.

“This complex project which includes the migration of multiple servers to the cloud will serve as an accelerator for our client,” said Paul Raymond, President and CEO of Alithya. “We were selected because of our track record and capacity to deliver this type of project with the necessary skills and resources.”

Alithya serves clients in a variety of sectors including financial services, manufacturing, renewable energy, telecommunications, transport and logistics, professional services, healthcare and government.

Alithya’s service offerings to the financial sector include its AI-FI stock market monitoring solution, the Alithya Digital Solutions Centre (ADSC), and its fraud prevention and detection services. More information about Alithya’s offerings for financial services organizations can be found here.