Commencis
Commencis is a privately held Turkish technology company that designs, builds, and scales AI-powered digital products and cloud transformation services for large enterprises in banking, insurance, travel, retail, and telecom, operating as an AWS Premier Tier Services Partner from Istanbul, London, and Berlin.
- Company typePrivate
- Founded2003
- HeadquartersMaslak
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Commencis does
Commencis Teknoloji Anonim Şirketi is a privately held Turkish technology company founded in 2003 and headquartered at ITU Teknokent in Istanbul, with additional offices in London and Berlin. Operating across more than four continents, the company delivers end-to-end digital transformation services to large enterprises in banking and finance, insurance, travel and airlines, retail and consumer goods, and telecommunications. Its service portfolio spans Strategy & Design, Product Management, Software Engineering, Quality Assurance, Cloud Consulting, and Cloud Infrastructure, delivered as long-duration professional services engagements with dedicated teams integrated into client operations.
The company's technology stack centers on its AWS Premier Tier Services Partner status and an in-house AI capability branded as Commencis AI. This includes AI Lab (agentic AI and voice interaction automation), AI Studio (AI strategy consulting), and a proprietary Turkish-fluent large language model called Commencis LLM, fine-tuned from Mistral 7B for banking and finance and available open source on Hugging Face with on-premise deployment. Its flagship deployed AI product is Maxi, a conversational banking assistant integrated into İşbank's İşCep mobile app, serving 14.5M+ customers with voice and text interactions, transactions, and predictive budgeting.
Commencis generates revenue primarily through project-based and managed professional services engagements with enterprise clients, with pricing customized per engagement rather than publicly disclosed. Go-to-market is direct enterprise sales complemented by AWS co-sell motion; the company also invests in community-building through its CloudCamp university program and thought-leadership content. Anchor clients include İşbank (15-year strategic partner), MetLife, BSH, Pegasus Airlines, Turkcell, Mapfre, Ferrero, Vestel, and Burgan Bank, with international reach extending into the Gulf, Central Asia, and Europe.
Commencis firmographics
Firmographics- Name
- Commencis
- Legal name
- Commencis Teknoloji Anonim Şirketi
- Website
- https://commencis.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Commencis is a privately held Turkish technology company that designs, builds, and scales AI-powered digital products and cloud transformation services for large enterprises in banking, insurance, travel, retail, and telecom, operating as an AWS Premier Tier Services Partner from Istanbul, London, and Berlin.
- Ownership category
- akta.pro rank
Commencis industry classification
Industry- Product category
- IT Services & Digital Transformation Consulting
- NAICS
- Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Computer Systems Design Services (541512)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- AI/ML Engineering & Model Development Services (BPAEAHAF)
- akta.pro secondary industries
- AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI), Model Development & Training Platforms (AutoML, Notebooks, Feature Stores) (HDAEANAB), Managed Application Platforms (App PaaS & Runtime Services) (HDABAAAD)
Keywords
Where Commencis is headquartered
LocationHeadquarters
- HQ city
- Maslak
Offices3 records
Markets served
Commencis business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Professional Services - Digital Transformation: Commencis generates revenue through custom digital transformation engagements with enterprise clients. Services include strategy & design, software engineering, QA, AI implementation, and cloud consulting. Revenue is project-based with dedicated teams integrated into client operations over extended periods.
- Cloud Consulting Services: AWS Premier Tier Services Partner providing cloud transformation services including roadmap development, cloud deployment, infrastructure management, and DevOps practices. Typically delivered as consulting engagements with ongoing managed services components.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Commencis product offering
Product offeringCore offering
Commencis designs, builds, and scales AI-powered digital products and systems for large enterprises, combining Strategy & Design, Software Engineering, Quality Assurance, Product Management, AI Lab, AI Studio, Cloud Consulting, and Cloud Infrastructure services. As an AWS Premier Tier Services Partner, the company delivers digital transformation programs through dedicated integrated teams, with proprietary AI assets including the Commencis Turkish-Fluent LLM for banking and finance and the Maxi conversational banking assistant.
Product overview
Commencis is a digital transformation services company that designs, builds, and scales AI-powered digital products and systems. The company operates across multiple service pillars including Strategy & Design, Software Engineering, Quality Assurance, Product Management, AI (AI Lab and AI Studio), and Cloud Transformation (Cloud Consulting and Cloud Infrastructure). Their flagship AI offerings include Commencis LLM—a Turkish-specific large language model for banking and finance—and Maxi, an AI-powered conversational banking assistant integrated into İşBank's mobile application. As an AWS Premier Tier Services Partner, Commencis serves clients across banking, insurance, travel, retail, and telecommunications industries.
Differentiator
Problem solved
Functional benefit
Brands
- Commencis LLM: A purpose-built Turkish-fluent large language model developed for banking and finance industry applications, fine-tuned from Mistral 7B base model
- Maxi
- Commencis AI
Products and services
- Strategy & Design Human-centered research, strategy, experience and interface design services used to create digital platforms and customer experiences for enterprise clients.
- Product Management End-to-end digital product lifecycle management services aligning business goals, user needs, and technology for enterprise digital products.
- Software Engineering End-to-end scalable, high-performance software development services for digital platforms and applications serving enterprise clients.
- Quality Assurance Reliable and scalable QA and test automation services ensuring seamless performance across platforms for enterprise digital products.
- AI Lab Enterprise AI solutions providing agentic AI deployment, intelligence automation, and human-like voice interaction experiences for enterprise customer service transformation.
- AI Studio Strategic AI consulting service helping enterprise teams discover AI opportunities and implement AI solutions in real business environments.
- Commencis LLM A purpose-built Turkish-fluent large language model fine-tuned on Mistral 7B for the banking and finance industry, capable of understanding and generating Turkish text for customer service, content creation, and data analysis; available on-premise and as open source on Hugging Face.
- Maxi AI Assistant AI-powered digital personal assistant for conversational banking, enabling voice and text interactions for account inquiries, transactions, money transfers, and budget forecasting; integrated into İşbank's İşCep mobile banking app.
- Cloud Consulting AWS Premier Tier cloud consulting service helping enterprises shape their cloud roadmap and maximize cloud investments.
- Cloud Infrastructure AWS-based cloud deployment and management services enabling business growth and continuity, including auto-scaling infrastructure, DevOps practices, and automated CI/CD pipelines.
Quantifiable outcome
- İşCep mobile banking: 14.5M+ customers, 6M daily visits, 750 functions, 4 out of 5 industry investment transactions
- +4 more outcomes
Companies that use Commencis
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles4 records
Commencis technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability10 records
Feature4 records
Commencis partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship, core, key and minor.
- Amazon Web Services (AWS)flagshipAWS Premier Tier Services Partner providing cloud consulting, transformation, and deployment services. Commencis leverages AWS infrastructure including Lambda, API Gateway, Aurora, SQS, SNS, S3, Glue, Redshift, and other AWS services to deliver enterprise solutions.
- İşbankcoreStrategic digital transformation partner for 15 years. Commencis designs and develops İşbank's digital platforms including İşCep mobile banking app serving 14.5M+ customers. Dedicated integrated teams work within İşbank operations.
- MetLifekeyPartnership to develop digital app allowing MetLife customers to monitor pension funds, manage policies, and perform various transactions.
- BSHkeyCloud transformation partnership leveraging AWS infrastructure to enhance BSH's Product Information Management (PIM) system with auto-scaling capabilities and improved performance.
- Pegasus AirlineskeyDigital transformation partnership to revamp Pegasus digital channels for simpler, faster, and more personalized passenger experience across web and mobile platforms.
- TurkcellkeyEnhancing Turkcell super app with Superonline focus for iOS, Android, and Backend development to offer faster and seamless user experience.
- MapfrekeyMultiple digital transformation projects including Agency Portal for insurance agents and MAPFREGO customer portal, improving operational efficiency and customer experience.
- FerrerokeyCloud transformation partnership leveraging AWS for enhanced scalability and innovation in support of global sweet-packaged foods operations.
- VestelkeyCloud transformation journey on AWS, driving innovation and enhancing operational efficiency for the manufacturing industry leader.
- VakkokeyData lake integration on AWS for ready-to-use analytics platform, including customer 360-degree data warehouse, ML predictions, and personalized e-marketing integrations.
- OpenAIminorCompetition participation rather than commercial partnership. Commencis AI team competed in OpenAI to Z Challenge, placing 2nd globally out of 10,000+ participants.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Commencis competitors and assessment
Company assessmentDirect peers
- Softtech: Turkish IT services arm of Koç Holding focused on digital banking and core banking modernization. Closely comparable as a Turkey-based digital transformation services firm targeting banks and financial institutions with software engineering, cloud, and AI capabilities.
- Thoughtworks: Global technology consultancy focused on software engineering excellence, cloud, and AI for enterprise clients in financial services and other regulated industries. Comparable as a high-end digital engineering and AI services peer.
- OBSS: Turkey-based IT services company delivering digital transformation, software engineering, and cloud services to enterprise clients across banking, insurance, and telecom. Directly comparable in scope, geography, and vertical focus.
- Globant: Global digital transformation and AI services firm with deep banking, insurance, and travel practice. Comparable as a scaled enterprise digital engineering peer pursuing similar AI/cloud modernization mandates.
- Endava: Public-listed IT services firm specializing in digital transformation, cloud, and AI engineering for financial services, insurance, and travel verticals. Highly comparable business model and vertical mix to Commencis's enterprise services playbook.
- Indecon (Indecon Bilişim): Turkish systems integrator and software services firm with deep banking/financial services focus. Comparable as a domestic enterprise IT services peer competing for the same Turkish enterprise transformation RFPs.
Others
- Hepsiburada Teknoloji: Turkish e-commerce platform with significant in-house technology and engineering capability. Comparable as a Turkey-headquartered technology organization reflecting the local engineering talent pool that Commencis competes for and cultivates via CloudCamp.
Broad incumbents
- KoçSistem: One of Turkey's largest IT services and digital transformation providers, part of Koç Group. Comparable as a broader enterprise IT services incumbent serving Turkish banks, insurers, and industrial clients with cloud and digital transformation offerings.
- Capgemini Engineering: Global consulting/SI giant with a large financial services cloud and digital engineering practice. Comparable as a broad incumbent that competes head-to-head for enterprise digital transformation RFPs in EMEA.
Regional players
- Turkcell Teknoloji (formerly Turkcell Technology): Technology arm of Turkcell providing digital products, software engineering, and platform services. Comparable as a Turkey-based telecom-tied technology services provider building enterprise and consumer digital platforms.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Commencis social profiles
Digital presenceCommencis financial estimates
Financial estimateRevenue estimate
Valuation estimate
Commencis leadership team
Management profileNumber of profiles
Profiles2 records
Commencis funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Commencis M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Commencis
What does Commencis do?
Commencis designs, builds, and scales AI-powered digital products and systems for large enterprises, combining Strategy & Design, Software Engineering, Quality Assurance, Product Management, AI Lab, AI Studio, Cloud Consulting, and Cloud Infrastructure services. As an AWS Premier Tier Services Partner, the company delivers digital transformation programs through dedicated integrated teams, with proprietary AI assets including the Commencis Turkish-Fluent LLM for banking and finance and the Maxi conversational banking assistant.
Is Commencis a public or private company?
Commencis is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Commencis founded?
Commencis was founded in 2003. It employs 251 to 500 people.
Where is Commencis based?
Commencis is headquartered in Maslak.
How does Commencis make money?
Two revenue lines are on record. Professional Services - Digital Transformation is the primary driver. The others are cloud Consulting Services.
Who are Commencis's main competitors?
Direct peers on record are Softtech, Thoughtworks, OBSS, Globant, Endava and Indecon (Indecon Bilişim). Hepsiburada Teknoloji is listed as an others. Broad incumbents are KoçSistem and Capgemini Engineering. Turkcell Teknoloji (formerly Turkcell Technology) is listed as a regional player.
Does Commencis have an API?
No public API is recorded for Commencis.
What industry is Commencis in?
Commencis's product category is IT Services & Digital Transformation Consulting. Its primary akta.pro industry code is BPAEAHAF, AI/ML Engineering & Model Development Services, with a secondary code of HDAEANAJ, AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs). Its NAICS code is 54151 and its SIC code is 7370.