Cordel Group – executive interview

In this interview, Cordel CEO John Davis outlines the company’s recent step-up in deal momentum, including wins with Network Rail, TfL, Genesee & Wyoming and a further US Class I railroad. While part of the uptick reflects the timing of deal closures after a slow H1, Cordel is also benefiting from a growing pipeline, now more than £70m of named opportunities, and deeper customer relationships in North America. The interview highlights the significance of the £3m Network Rail gauging data refresh, the opportunity in infrastructure monitoring, and new applications in underground and GPS-denied environments. From a financial perspective, recently signed recurring revenue contracts provide a stronger platform for growth through H226 and into FY28. Davis also explains how Cordel Connect V3, the latest iteration of the company’s platform, is supporting the group’s land-and-expand strategy through improved visualisation, multimodal data capture and broader customer engagement.

Cordel Group offers a patented cloud-based platform for master data management and business analytics, together with specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated AI algorithms.