Cambridge Technology Enterprises

Cambridge Technology Enterprises is a global IT services company. The company is predominantly US focused and serves companies like Schneider Electric, Hills Pet, Iron Mountain. Cambridge Technology Enterprises helps organizations through AI leveraging , big data , cloud & machine learning. The company was also recently assessed at CMMI v1.3 Level 5 with ISO 9001: 2008, ISO 27001: 2005 certifications. The company has a workforce of 350 with offices in Atlanta , Kansas , Louisville , San Francisco , Boston and Pittsburgh and development centers in Hyderabad , Chennai andBangalore in India.

Recent Developments

Mr. Aashish Kalra has been the Chairman & CEO of the company since January 2015. In 2015, the company embarked on a business plan for FY16 and FY17 to achieve minimum scale. [1] The company focused on three areas – building partnerships, acquiring referenceable clients in their chosen verticals and acquiring relevant expertise in technologies. [2] [3]Cambridge Technology Enterprises has reported 84 percent growth in revenues, 523 percent growth in EBITDA and 316 percent growth in net profit over the last eight quarters.

  • Reported consolidated income of INR 100 crores in FY2016-17 [4] [5]
  • EBITDA Margin was higher by 502 basis points from 17 percent in Q2FY16 to 22 percent in Q2FY17 and 773 basis points from 14 percent in Q3FY16 to 22 percent in Q3FY17. [4] [5]

Cambridge Technology Inc.

Cambridge Technology Inc. is the wholly owned subsidiary of Cambridge Technology Enterprises Limited. Cambridge Technology Inc. is based in Topeka, Kansas.

Cambridge Innovations

On 16 December 2015, [6] [7] Cambridge Innovations (CI) was launched by Cambridge Technology Enterprises to partner with early stage US-based start-ups and tap into emerging technology and innovation. [8] Since its launch, Cambridge Innovations has invested in multiple start-ups which includes Roadzen, [9] Authess, [10] [11] Causemo, [11] EnerAllies. [11]

Leadership

Mr. Aashish Kalra is a professional and an equity investor in technology , infrastructure , real estate , energy , logistics and hospitality . Prior to Cambridge Technology Enterprises, he was the Founder and Managing Director of Trikona Capital. [12]

References

  1. Jump up^ “CTE is focused on building partnerships and talent base” .
  2. Jump up^ “CTE is focused on building partnerships and talent base” .
  3. Jump up^ “Tech Tech to hire 300 in a year” .
  4. ^ Jump up to:b “Cambridge Tech’s full-year profit soars 86% to 17 crore” .
  5. ^ Jump up to:b “Blessed by Big Data: Cambridge Technology’s Journey from Netting Losses to 100 Cr” .
  6. Jump up^ “Cambridge Cambridge Tech launches Innovations for early stage entrepreneurs” .
  7. Jump up^ “Cambridge Tech to invest in 50 US-based start-ups” .
  8. Jump up^ “Big Data’s Cambridge Technology Enterprises Creates A New Kind Of India Accelerator” .
  9. Jump up^ “Cambridge Innovations builds global companies in India: RoadZen Inc” .
  10. Jump up^ “EdTech Startup Authess Is Taking Educational Assessment Tools To India” .
  11. ^ Jump up to:c “ETC’s Cambridge Innovations backs two US-based startups” .
  12. Jump up^ “New York-based Trikona Capital to enter into realty biz in India” .