Capgemini announced the signing of a multi-year contract of significant size with Valmet. Through this newly established strategic partnership Valmet secures access to Capgemini's global IT and digital engineering and manufacturing expertise to support its IT transformation. Capgemini was selected as the preferred supplier due to its innovative approach, automation focus, strong global delivery capabilities and close partnerships with key technology vendors. Capgemini's global Applications Management and Development capabilities will contribute to reducing Valmet's IT costs and improving operational efficiency through increased industrialization and consolidation of IT services and platforms. Part of Valmet's internal IT services team will transfer to Capgemini to further engage in Valmet's IT transformation initiatives for both existing applications and new emerging technologies. Capgemini will manage and develop Valmet's extensive IT landscape (for example, enterprise resource planning (ERP), delivery, engineering and product lifecycle management (PLM) applications) and engage in implementing Valmet's IT transformation roadmap. These new initiatives support Valmet's Industrial Internet, PLM landscape and field service capabilities.