Cambridge Technology surges on plan to establish data warehouse for The Lead Group

24 Jun 2015 Evaluate

Cambridge Technology Enterprises is currently trading at Rs 34.15, up by 1.60 points or 4.92% from its previous closing of Rs 32.55 on the BSE.

The scrip opened at Rs. 34.15 and has touched a high and low of Rs. 34.15 and Rs. 34.15 respectively. So far 7577 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 34.15 on 22-Jun-2015 and a 52 week low of Rs. 4.75 on 27-Jun-2014.

Last one week high and low of the scrip stood at Rs. 34.15 and Rs. 29.50 respectively. The current market cap of the company is Rs. 67.04 crore.

The promoters holding in the company stood at 46.91% while Institutions and Non-Institutions held 0.29% and 52.79% respectively.

Cambridge Technology Enterprises (CTE) has entered into partnership with The Lead Group to implement three big data projects on the Amazon Web Services platform. CTE's initial proposal includes the design and implementation of a data warehouse for The Lead Group, which will assist in automation of revenue data collection from three different sources.

The warehouse is designed to receive data from the multiple sites using AWS Redshift. This process will enable The Lead Group to automate their revenue data collection process in order to generate detailed and aggregated reports.

Amazon Redshift is a hosted Data Warehouse product, and part of Amazon Web Services' larger cloud computing platform. Amazon Redshift is a fast, fully managed, petabyte-scale data warehouse that makes it simple and cost-effective for companies, efficiently analyzing all the data using their existing business intelligence tools. Amazon Redshift's architecture also allows for the automation of most of the common administrative tasks associated with provisioning, configuring and monitoring The Lead Group's cloud data warehouse.

Cambridge Technology is a global technology services and outsourcing company dedicated to serving the midsize market of enterprises and the midsize units of Global 2000 enterprises across the spectrum of business industries.

Cambridge Tech Enter Share Price

105.37 -4.64 (-4.22%)
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