CAE Records Record Growth, Despite the Pandemic
March 31, 2021
CAE announced it has recorded a 42% growth year, despite the ongoing pandemic.
Furthermore, the organization has expanded its global footprint by headcount and offices, totaling over 200 employees in ten countries.
The organization itself began the development of a transactional data set in 1980.
According to a company press release, its internally developed, proprietary technology creates a transactionally validated solution for end-to-end sourcing, due diligence, purchasing and logistics management for the semiconductor market.
The platform organizes buyer and seller inputs into a single algorithmic matching system that monitors prices, market events, supply, demand and asset quality to create a safe and transparent market for its clients.
The company tracks over 535,000 assets within fabrication facilities, warehouses, and more around the world.
Per the same release, CAE recorded 53% year-over-year growth in the first quarter alone, followed by 54% year-over-year in the second quarter and continued to expand through the third quarter with 30% year-over-year growth.
For more information, visit caeonline.com.