Revenue Showdown: Shopify Inc. vs CGI Inc.

Revenue Showdown: Shopify Inc. vs CGI Inc.

In the ever-evolving landscape of technology and e-commerce, two giants have emerged with distinct trajectories. Shopify Inc., a beacon of e-commerce innovation, has seen its revenue skyrocket by over 6,600% from 2014 to 2023, reflecting the global shift towards online retail. In contrast, CGI Inc., a stalwart in IT and business consulting, has demonstrated steady growth, with a 40% increase in revenue over the same period.

A Decade of Transformation

From 2014 to 2023, Shopify's revenue surged from a modest $105 million to an impressive $7 billion, underscoring its pivotal role in empowering small and medium-sized businesses worldwide. Meanwhile, CGI Inc. maintained its robust presence, with revenues climbing from $10 billion to nearly $14.3 billion, highlighting its resilience and adaptability in a competitive market.

The Missing Year

While CGI Inc. continues its upward trend into 2024, Shopify's data for the year remains elusive, leaving industry watchers eager for updates.