Commtel invests in nybl.ai, a pioneer in democratisation of Artificial Intelligence

By OEM Update Editorial August 18, 2021 2:39 pm

Company strengthens its AI capabilities to serve the critical national infrastructure sectors.

Commtel, through its subsidiary in the UAE, has invested a minority stake in nybl, the UAE based deep tech company democratising AI. The two companies have agreed not to disclose the percentage of the stake. nybl has built a framework that allows the codeless development and deployment of machine learning models and AI applications, and its platform is currently in use in various industry sectors in the GCC region and North America. The investment will give Commtel access to nybl’s technologies for custom AI development for its clients in the Oil & Gas, Power, Mining, Transportation, and other critical infrastructure sectors.

Shriprakash Pandey, CMD, Commtel Networks, explaining the rationale for the investment, said, “Our investment in nybl.ai allows us to leverage on the complementary strengths of deep industry knowledge and experience of Commtel with nybl’s AI expertise to help clients use the vast amounts of under-utilised data and create better value for them. Collaboration between Commtel and nybl will be demonstrated live in action for the first time at GITEX 2021 in Dubai with the launch of CN-SHIELD. As a threat-detection, prediction and resolution system which generates intelligence from the disparate systems and technologies deployed at any critical infrastructure, it will be the most advanced AI-based security management solution.”