Cambridge Technologv Enterprises Limited (NSE: CTE; BSE: 532801), a global business and technology services company, today announced strategic partnership with OutSystems. This partnership will enable Cambridge Technology's (CT) services teams to further enable the success of its current and future customers by integrating OutSystems into its best-in-class mobile application development and DevOps practices.
CT, joining forces with OutSystems, helps its customers to add unparalleled speed, integration, security, scalability, unbreakable deployment, great UX and metrics that matter. CT, utilizing the OutSystems platform will help all customers to reduce their time to market with new mobile and web applications allowing each to realize real business results - time to value, cost control, increased productivity and developing new recurring revenue streams.
Integrating OutSystems into CT's platform of services in mobile application development will increase the adoption of accelerated development practices in each of our verticals, vastly improving our customer's ability to access new markets, new revenue and new data by providing new mobile and web access points for their employees and their customers.
"As an example of our commitment to value and outstanding service we are delighted to partner with OutSystems to deliver substantial value to our customers", said Nitin Tyagi, VP-Enterprise Solutions at Cambridge Technology.
"Partnering with Cambridge Technology was a clear and obvious choice as they have established expertise at delivering industry-focused, vertical solutions to solve complex, real-world problems." said Peter Dunlap, VP of Global Channels and Alliances at OutSystems. "We welcome Cambridge Technology to the OutSystems Partner Program and look forward to working with them to provide mission critical solutions to companies in order to drive digital transformations forward," he added.
CT's products and services address all the transformational IT needs of an organization - from strategic workshops and ready-to-deploy solutions, to implementation of transformative business solutions through our service offerings. Our expanded expertise, through the integration of the OutSystems platform across multiple domains makes CT, the preferred choice for organizations to innovate and leapfrog the market. CT's capabilities are enhanced with OutSystems and allows us to add Full Stack Visual Deployment, Singleclick Deployment, In-app Feedback and Auto Refactoring further reducing time and cost for our customers' application development life cycles.
Shares of CAMBRIDGE TECHNOLOGY ENTERPRISES LTD. was last trading in BSE at Rs.40 as compared to the previous close of Rs. 40. The total number of shares traded during the day was 685 in over 7 trades.
The stock hit an intraday high of Rs. 40.3 and intraday low of 40. The net turnover during the day was Rs. 27425.