Bengaluru, India, June 26, 2018
Cambridge Technology Enterprises Limited (NSE: CTE; BSE: 532801), a
leading global technology company focused on Artificial Intelligence as a Service (AIaaS) to transform
organizations into AI-first leaders, is excited to offer integrated solutions to its client who is a leader in
providing Consular and Visa Support Services.
We believe that the world is transforming. While the last generation of traditional Indian IT technology
businesses were focused on cost arbitrage, Cambridge Technology (CT) is a front end innovation driven
technology company focused on value. Over the last three years the company has achieved tremendous
success as the revenues and profits of the company have grown by more than 3 times. In FY18, the
consolidated revenues of the Company were INR 99 cr compared to INR 32 Cr in FY15.
About the Client
The client is the world’s largest technology services provider specialized on providing consular support
services. The client is a trusted partner to several government and diplomatic missions worldwide. Present
in more than 100 countries across the world, the service provider has a successful track record of
processing millions of applications till date.
Challenges
The client partners with different government embassies and offers integrated solutions from submission
to delivery. The client follows a series of highly advanced, precise and streamlined processes to ensure
absolute security and confidentiality to the data. The client is focused on safeguarding data, collating
accurate information, quality audit and report generation, meeting diverse and demanding requirements
from their culturally varied customers.
Cambridge BizServe approach
Cambridge BizServe, a vertical of Cambridge Technology, is helping the client build infrastructure and
team to manage their services. With the finest resources in place, Cambridge BizServe is working with the
client to streamline their business processes to ensure strong security system and a steady workflow to
process applications. Cambridge BizServe is also deploying comprehensive auditing and report generating
services for the client. This is an imminent step to showcase the power of AI and ML.
Benefits
The client will benefit from Cambridge BizServe’s customer centric approach as we have deployed
eminent resources to harness optimum productivity and efficiency.
“It gives us tremendous satisfaction to create solutions that transform our client’s businesses. The
challenge here was to ensure continuity while building the solution to provide better accessibility and
enhanced convenience for our client,” said Mr. Aashish Kalra, Chairman at Cambridge Technology.
About Cambridge BizServe
Cambridge BizServe provides data support and managed services for applications. It is focused to
effectively manage business processes and provide business insights through analytics to our clients
making them AI enabled. Cambridge BizServe has presence in Hyderabad, Bengaluru, Chennai and
Philippines with an employee base of about 150+ talented professionals, delivering solutions globally.
About Cambridge Technology
Cambridge Technology (CT) is a leading global technology company transforming organizations into AIfirst
leaders. CT is enabling its customers to create AI solutions that transform their businesses; by
helping solve the world’s complex and most interesting business challenges with AI. CT gives
organizations unparalleled access to cutting-edge technology by bringing together the best-in-industry
using its years of expertise in building solutions for some of the world’s largest and most innovative
enterprises; leveraging Big Data, Cloud & Machine Learning experience. CT’s products and services
address all the transformational AI needs of an organization — from strategic workshops to
implementation of transformative business solutions through its AI as a Service (AIaaS). CT’s expertise
across multiple domains makes it the preferred choice for organizations seeking an AI Partner to
innovate and leapfrog the market. CT is assessed at Maturity Level 5 for CMMI v1.3 with ISO 27001:2013
certification. For more information, visit www.c7e.co or follow @cam_technology on twitter.
Forward-looking and Cautionary Statements
Certain statements in this press release may contain statements concerning our future growth prospects
that are individually and collectively forward-looking statements. Such forward-looking statements are
not guarantees of future performance and are subject to known and unknown risks, uncertainties and
assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to,
the performance of the Indian economy and of the economies of various international markets, the
performance of the industry in India and world-wide, competition, the company’s ability to successfully
implement its strategy, the Company’s future levels of growth and expansion, technological
implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s
market preferences and its exposure to market risks, as well as other risks. The Company’s actual
results, levels of activity, performance or achievements could differ materially and adversely from
results expressed in or implied by this press release. The Company assumes no obligation to update any
forward-looking information contained in this press release. Any forward-looking statements and
projections made by third parties included in this press release are not adopted by the Company and the
Company is not responsible for such third party statements and projections.
