Cambridge Technology Enterprises (CTE), an IT services leader focussed on the convergence of big data and cloud, today announced its partnerships with two Indian companies leading in the textile machinery and shipping industries.

CTE has laid out Enterprise Resource Planning (ERP) applications development and enhancement contracts with the textiles company.

As a platinum member in the Oracle Partner Network (OPN), CTE will leverage Oracle solutions to provide the customers with custom ERP solutions, enhancing their applications and transforming them from 2-tier to web-tier.

Shares of the company gained Rs 1.7, or 2.92%, to trade at Rs 60. The total volume of shares traded was 24,460 at the BSE (2.06 p.m., Tuesday).