Cambridge Technology Enterprises (CTE) has acquired a new client in AI as a Service (AIaaS). Based in North America, the client has a strong focus on the BFSI vertical. Under the AIaaS model, CTE benefits from receiving a share in the incremental revenues of it client’s business by deploying its proprietary algorithms, differentiating CTE from industry peers.
The solution is aimed at optimizing the client conversion ratio in one of the key lines of businesses of the client by employing a systematic, automated and statistically sound methodology to optimally formulate offers. CTE will also own additional IP along with the rights to resell and adapt the IP in Australia, Europe and Asia-Pacific Regions.
Cambridge Technology Enterprises (CTE) is a leading global technology company transforming organizations into AI-first leaders.
