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Cognite
Norwegian software as a service company From Wikipedia, the free encyclopedia
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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.[4][5][6] The company provides software and industrial internet of things (IIoT) services to industrial companies.
 | This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (January 2022) |
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Founded in 2016, Cognite AS 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.[14] Lervik shifted to the position of chief development and strategy officer.[14]
In August 2024, Cognite partnered with Radix to use AI to develop a more advanced data management system.[15]
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