Commtel has expanded its scope to provide better performance and predictability using the most advanced artificial intelligence (AI) and machine learning (ML) technologies through their application, CN-SHIELD.

The company aims to generate up to 50 per cent of its revenue from AI-based solutions in 4-5 years as it focuses on strengthening and expanding its AI solutions. The inclusion of this new business will increase the overall business margin (EBIDTA) from the current 17 per cent to more than 25 per cent.

Commenting on the development, Shriprakash R. Pandey, chairman and managing director, Commtel, said, “By the end of this year, Commtel aims to increase its revenue from the current Rs 2.8 billion to Rs 3.5 billion and begin to monetise its AI-based solutions. The company expects to attain Rs 5 billion in revenue in fiscal 2024. The AI solutions are expected to generate Rs 1 billion  for the company during this period.”

Commtel has emerged as a leading player in the communications, security, and surveillance space for the biggest names in the critical national infrastructure (CNI) sectors. Bharat Petroleum, Hindustan Petroleum, Indian Oil Corporation, ADNOC, ExxonMobil, KIPIC, Power Grid Corporation, and others are among its clients. The company has served more than 300 customers across different sectors. It has deployed over 100,000 industrial internet of things (IoT) devices, 50,000 addressable nodes operating on about 115,000 km of dedicated optical fibre networks. It has completed projects in India, the US, the UAE, Kuwait, Saudi Arabia, Turkmenistan, Oman, Bangladesh, Sri Lanka, Norway, and Algeria.

Since its inception in 1998 in Mumbai, the company has been at the forefront of engineering intelligence, specialising in turnkey solutions while extending its presence in the Middle East and North America. Commtel has built its AI solution on nybl’s platform, the UAE-based deep tech company democratising AI in which it also holds a minority stake.

Further, the company recently announced that it is making conscientious efforts focusing on sustainability by taking actionable steps toward a more inclusive, responsible, and growth-inclined business model. It has adopted a methodical approach to establishing scalable and efficient environmental, social, and governance (ESG) programs and procedures that can endure the test of time, as well as the expectations and demands of stakeholders, besides the cultural transformations.