The comments came after Capgemini raised its 2026 revenue growth target following stronger bookings. "Every organization today wants to become agentic," Ezzat said, referring ⁠to AI systems designed to perform multi-step tasks. Capgemini sees a "multi-year ​modernization supercycle" ​as companies upgrade the foundations ​needed to support AI across ‌their operations, including data platforms, applications and core infrastructure. While ‌generative AI applications can produce answers, they ​often struggle to perform business processes ​consistently when underlying systems ​remain disconnected, he said. "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," Ezzat said.