India’s Bert Labs plans first Middle East office in Dubai next year

  • Date: 22-Dec-2022
  • Source: Khaleej Times
  • Sector:Technology
  • Country:UAE
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India’s Bert Labs plans first Middle East office in Dubai next year

Company aims for $1b revenues over the next four years, CEO says

Rohit Kochar, founder, executive chairman and CEO of Bert Labs. - Supplied photo

Published: Thu 22 Dec 2022, 4:19 PM

Bert Labs, an India-based technology start-up, expects to open its first Middle East office in Dubai by March 2023, as part of its plans to expand its presence in the Middle East.

“Over the next four years, Bert Labs’ target is $1 billion in revenues, 5 per cent of which will be realised from the Middle East. This will be largely driven from smart city and smart building projects,” Rohit Kochar, founder, executive chairman and CEO, told Khaleej Times in an interview.

The company’s main focus is on boosting energy efficiency using its proprietary software platform. “We use our software solution to create digital twins of the actual physical equipment, buildings or factories,” Kochar said. With the help of reinforcement learning, which mimics human behaviour, the company helps in creating virtual models that boosts efficiency of the equipment. “We are committed to boost efficiency by at least 30 per cent,” Kochar said.

The company is targeting growth of 500 per cent every year for the next four to five years. “80 per cent of