Please explain the business model of CTE?
CTE’s business model calls for being the single stop IT services provider for mid-size enterprises. CTE leverages its Cambridge Center of Innovation (CCI) to help customers define a balanced and aligned strategy including set of IT initiatives to be implemented over three-five years. Examples of the initiatives include new custom solution development, Enterprise Package Implementation, offshore outsourcing etc. By leveraging its matured global delivery model and onsite consulting, CTE implements these initiatives. After these solutions are implemented, CTE again leverages its global delivery model to manage, support, host, and maintain these solution resulting in multi-year recurring revenue.
