Company:Cognite
| Industry | Software |
|---|---|
| Founded | 2016 |
| Headquarters | Oslo, Norway |
Key people |
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| Website | cognite.com |
Cognite AS is a Norwegian software as a service company with headquarters in Oslo, Norway [1][2] and offices in Tokyo,[3] Houston and Austin, Texas .[4][5][6] The company provides software and industrial internet of things (IIoT) services to industrial companies.
Overview
Founded in 2016, Cognite offers a data operations and contextualization platform that puts raw data into real-world industrial context.[7] The company's main software product is Cognite Data Fusion (CDF). CDF is a cloud-based industrial DataOps platform that supports the digital transformation of heavy-asset industries such as oil and gas, power and utilities, renewable energy and manufacturing.[8] Cognite's Notable customers have included Aker BP, BP, Saudi Aramco, Alfa Laval, Statnett, Mitsubishi Heavy Industries,[9][2][10] and TechnipFMC.[4]
In 2021, Cognite raised $150 million in a Series B investment by TCV. According to the 2021 report of Nasdaq, Cognite was valued at $1.6 billion.[1][11]
In February 2022, it was announced that Aramco Overseas, a subsidiary of Saudi Aramco, had acquired a 7.4% stake in Cognite by purchasing 100% of Aker BP’s shares in the company.[12] Aker BP was Cognite's largest customer.[13]
In April 2022, Girish Rishi, former CEO of Blue Yonder, succeeded John Markus Lervik as CEO. Lervik shifted to the position of chief development and strategy officer.[14]
References
- ↑ 1.0 1.1 "Norway's Cognite valued at $1.6 bln in TCV funding round". https://www.nasdaq.com/articles/norways-cognite-valued-at-%241.6-bln-in-tcv-funding-round-2021-05-19.
- ↑ 2.0 2.1 "'Spot' deployed on Aker BP's Skarv FPSO". https://www.offshore-mag.com/business-briefs/equipment-engineering/article/14187978/spot-deployed-on-aker-bps-skarv-fpso-offshore-norway.
- ↑ "【Member Updates】Cognite K.K. - Japan Establishment Event". https://www.norwegianchamber.com/chamber-blog/2019/11/cognite-establishment-japan.
- ↑ 4.0 4.1 "Energy-focused tech company to split U.S. HQ between Houston, Austin". https://www.bizjournals.com/houston/news/2019/04/17/energy-focused-tech-company-to-split-u-s-hq.html.
- ↑ "Cognite Innovates Industrial IoT Data Platform To Transform Heavy-Asset Industries". https://www.forbes.com/sites/brucerogers/2021/06/16/cognite-innovates-industrial-iot-data-platform-to-transform-heavy-asset-industries/?sh=69bc76255b6a.
- ↑ "Turning Values Into Vision: How 4 Austin Companies Strive For the Future". https://www.builtinaustin.com/2021/10/26/turning-company-values-into-shared-vision.
- ↑ "Nøkkelopplysninger fra Enhetsregisteret - Brønnøysundregistrene". https://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=918274758.
- ↑ "Cognite Signs New Agreement With bp to Provide Single Consolidated Data Layer for bp's Well Operations". https://www.businesswire.com/news/home/20211012005570/en/Cognite-Signs-New-Agreement-With-bp-to-Provide-Single-Consolidated-Data-Layer-for-bp%E2%80%99s-Well-Operations.
- ↑ "BP, Cognite in Multi-year Software Deal". https://www.oedigital.com/news/491287-bp-cognite-in-multi-year-software-deal.
- ↑ "Aker ASA: Cognite and Aramco sign joint venture agreement". https://news.cision.com/aker-asa/r/aker-asa-cognite-and-aramco-sign-joint-venture-agreement,c3259853.
- ↑ "Røkkes IT-selskap henter 1,2 milliarder i ny finansieringsrunde" (in nb). https://e24.no/i/561JjE.
- ↑ "Saudi Aramco acquires 7.4% stake in industrial SaaS firm Cognite" (in en-US). https://www.nsenergybusiness.com/news/saudi-aramco-industrial-saas-cognite/.
- ↑ "– Etterspørselen er mye større enn jeg drømte om" (in nb). https://e24.no/i/y35Pxg.
- ↑ Adomaitis, Nerijus (2022-04-04). "Cognite appoints new CEO as founder steps aside" (in en-UK). https://www.reuters.com/technology/cognite-appoints-new-ceo-founder-steps-aside-2022-04-04/.
External links
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