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Atos vs Capgemini (inc. Empired): Which MSP is Better? | The MSP Playbook

Article 2026-07-27

Atos vs Capgemini (inc. Empired)

A detailed comparison of two major Australian Managed Service Providers.

Feature Atos Capgemini (inc. Empired)
Overall Score2.52.8
TypeEuropean IT Services / ConsultingGlobal Integrator
Employees950001500-2000
Founded19971967
HeadquartersBezons, FranceSydney, NSW (Global HQ: Paris, France)
Revenue$10.6BPrivate
Salary Range$40,000 - $130,000$95,000 - $180,000
SpecialtiesManaged Services, Cloud, Cybersecurity, HPC & Supercomputing, Digital Transformation, Government ITCloud, Microsoft Dynamics, Enterprise Applications, Consulting
CertificationsMicrosoft Partner, AWS Partner, Google Cloud Partner, ISO 27001, SecNumCloudMicrosoft Partner, AWS Partner, Salesforce Partner, SAP Partner
Green FlagsStrong European heritage with deep government and defence IT expertise
Olympics and major event technology partner β€” prestigious contracts
Broad portfolio spanning cybersecurity, HPC, and cloud services
Bull, Eviden brands add niche technical depth
Large global scale Ò€” can handle enterprise projects
Some genuinely talented people in specific teams
Good vendor partnerships and certification support
Red FlagsFinancial instability β€” near-bankruptcy in 2023-2024, massive debt burden
Perpetual restructuring β€” multiple turnaround plans with limited success
Split into Atos and Eviden created organisational chaos and brand confusion
Massive loss of talent during uncertainty β€” 'brain drain' well documented
French government bailout dependency raises governance questions
Share price collapse (down 90%+) destroyed shareholder and employee confidence
66% offshore workforce Ò€” highest of any major Australian MSP
Annual restructuring cycles Ò€” predictably unpredictable
Acquired 4 companies in 5 years, erased all brands
Below-market salaries (A$113K average vs A$128-138K market)
Razer data breach: US$6.5M in damages awarded
BOQ and ME Bank offshoring scandals documented
Glassdoor reviews describe 'toxic' culture in some teams
Worker ProsDeep European government and defence sector expertise
World-class HPC and supercomputing capabilities
Cybersecurity practice (Eviden) has genuine technical depth
Olympics and major event technology experience is prestigious
Exposure to large, complex projects
Global brand opens doors
Some teams have excellent managers
Worker ConsFinancial distress creates existential uncertainty β€” near bankruptcy in 2023
Constant restructuring β€” 5 CEO changes in 4 years
Brain drain of top talent during financial crisis
Split into Atos/Eviden created chaos and brand fragmentation
Salary and promotion freezes during restructuring periods
66% offshore means onshore roles are increasingly 'bridge' positions
Annual restructuring creates constant uncertainty
Below-market salaries with opaque promotion processes
Four acquired companies erased Ò€” expect yours next
Executive bonuses while staff are made redundant

Which MSP Should You Choose?

Both European IT Services / Consulting and Global Integrator have strengths and weaknesses. Your choice depends on your priorities β€” whether that's career growth, salary, work-life balance, or technical exposure.

Use the side-by-side comparison tool for a deeper look, or check out individual profiles for detailed employee reviews.