Cambridge Technology Enterprises Limited (NSE: CTE; BSE: 532801), a global technology and digital transformation company, today announced a strategic partnership with OutSystems. This partnership will strengthen and foster Cambridge's services teams to leverage OutSystems, a global leader in highperformance application development, to enable the success of its current and future clients by integrating OutSystems into the enterprise digital stack.
With Cambridge's vast experience and expertise in crafting exceptional solutions across Pharmaceutical, Life Sciences & Allied Industries, Manufacturing, BFSI and Telecom verticals, it aims to triage Al, Data and OutSystems High-performance Low-Code application development platform, into its services to the marketplace.
Cambridge aims to augment the adoption of accelerated low code development practices in the above verticals, vastly improving client's ability to enhance workflows across the value chain for their key stakeholders.
"Cambridge is in a unique position to institutionalize OutSystems high-performance lowcode Centers of Excellence among its clients.". We further aim to maximize the application development leveraging OutSystems platform and reap the benefits of highperformance low-code for our clients and bring a closer alignment between business and digital," says Madabhushi Raghavan, Executive Vice President at Cambridge Technology Enterprises Ltd.
Cambridge'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 its service offerings.
"We are very excited about this partnership with Cambridge enabling OutSystems to expand our reach into specific industry verticals by leveraging on their vast and deep domain expertise. The collaboration will also further enhance Cambridge's capabilities in the market helping their customers reduce time and cost of application development and modernization efforts. Together, we can offer enterprises the freedom to think big and innovate with no limits," Saravanan Subramaniam, RVP, APAC Channels & Alliances at OutSystems.
Shares of Cambridge Technology Enterprises Limited was last trading in BSE at Rs. 67.34 as compared to the previous close of Rs. 68.78. The total number of shares traded during the day was 5631 in over 141 trades.
The stock hit an intraday high of Rs. 69.80 and intraday low of 65.55. The net turnover during the day was Rs. 384352.00.