| Cambridge, MA, March 7, 2005 —
Cambridge Technology Enterprises (CTE), a system integrator;
which focuses on building and integrating business applications for broad
transformation needs of energy & utilities, and life-sciences &
healthcare sectors; announced its agreement to sub-contract with KBACE
Technologies.
CTE and KBACE Technologies intend to jointly implement Human Resource
Management Systems (HRMS) strategy and solutions to organizations to help
them realize their overall Human Capital Management (HCM) goals.
“Strategic management of human capital is a critical component
to any organization. It therefore goes unsaid how organizations will benefit
from such a significant alliance.” Said Mike Peterson –
President, KBACE Technologies, Inc.
As per the partnership agreement, CTE’s primary offerings will be
Human Resources (HR) strategy, HCM/e-HR application development, and HR
Business Process Outsourcing (BPO) services, while KBACE will provide
Enterprise Resource Planning (ERP)/HRMS implementation and integration
services.
“KBACE Technologies has been recognized in the market as being
one of the fastest growing technology companies. It has tremendous expertise
in HRMS. I am confident that our association with KBACE will take us a
long way in offering great value to our customers.” Said Bhaskar
Panigrahi, CEO, CTE, Inc.
About KBACE
KBACE Technologies is a proven leader in Oracle® HRMS and Financials
consulting. For over seven years, KBACE has set the standard for installations,
upgrades, and services related to Oracle® Applications for clients
ranging from Fortune 1000 to Internet start-up companies. KBACE’s
understanding of the integration between Financials and HRMS is unparalleled
in the industry.
In addition to KBACE's industry leading experience in Oracle consulting,
KBACE’s solution to HRMS and Financial reporting (the KBX™
Data Management Suite) transfers data from an ERP System to end-user desktops
in a memory and time efficient manner. By leveraging the power of the
user’s local desktop and the Microsoft® Office Suite, multiple
users are able to access and manipulate useful business intelligence information
in a fraction of the time required by traditional ERP reporting methods.
About Cambridge Technology Enterprises Inc.
Cambridge Technology Enterprises (CTE), a CMMI Level 5 next-generation
business lifecycle solutions provider, has a focus on building and integrating
business applications. CTE’s core competency lies in its collaborative
delivery model, a solution delivery approach that aligns business, technical,
and user stakeholders; includes partner technologies and services as necessary;
and delivers end-to-end solutions on a fixed price and fixed time frame
basis.
CTE’s business model is based on a global delivery model foundation,
which stays close to the customer and yet optimizes the value of the solution
offered.
For more information, please visit www.ctepl.com,
or e-mail us at info@ctepl.com. |
