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'''Cognite [[Aksjeselskap|AS]]''' is a Norwegian [[software as a service]] company with headquarters in [[Oslo]], [[Norway]]<ref name="″:0″">{{Cite web|url=https://www.nasdaq.com/articles/norways-cognite-valued-at-%241.6-bln-in-tcv-funding-round-2021-05-19|title = Norway's Cognite valued at $1.6 bln in TCV funding round|access-date = October 30, 2021}}</ref><ref name="″:1″">{{Cite web|url=https://www.offshore-mag.com/business-briefs/equipment-engineering/article/14187978/spot-deployed-on-aker-bps-skarv-fpso-offshore-norway|title ='Spot' deployed on Aker BP's Skarv FPSO |access-date = October 30, 2021}}</ref> and offices in [[Tokyo]],<ref>{{Cite web|url=https://www.norwegianchamber.com/chamber-blog/2019/11/cognite-establishment-japan|title =【Member Updates】Cognite K.K. - Japan Establishment Event|access-date = October 30, 2021}}</ref> [[Houston]] and [[Austin, Texas|Austin]].<ref name="″:2″">{{Cite web|url=https://www.bizjournals.com/houston/news/2019/04/17/energy-focused-tech-company-to-split-u-s-hq.html|title =Energy-focused tech company to split U.S. HQ between Houston, Austin |access-date = October 30, 2021}}</ref><ref name="″:3″">{{Cite web|url=https://www.forbes.com/sites/brucerogers/2021/06/16/cognite-innovates-industrial-iot-data-platform-to-transform-heavy-asset-industries/?sh=69bc76255b6a|title = Cognite Innovates Industrial IoT Data Platform To Transform Heavy-Asset Industries |website = [[Forbes]] |access-date = October 30, 2021}}</ref><ref>{{Cite web|url=https://www.builtinaustin.com/2021/10/26/turning-company-values-into-shared-vision|title =Turning Values Into Vision: How 4 Austin Companies Strive For the Future|access-date = October 30, 2021}}</ref> The company provides [[software]] and [[industrial internet of things]] ([[IIoT]]) services to industrial companies.
'''Cognite AS''' is a Norwegian [[software as a service]] company with headquarters in [[Oslo]], [[Norway]]<ref name="″:0″">{{Cite web|url=https://www.nasdaq.com/articles/norways-cognite-valued-at-%241.6-bln-in-tcv-funding-round-2021-05-19|title = Norway's Cognite valued at $1.6 bln in TCV funding round|access-date = October 30, 2021}}</ref><ref name="″:1″">{{Cite web|url=https://www.offshore-mag.com/business-briefs/equipment-engineering/article/14187978/spot-deployed-on-aker-bps-skarv-fpso-offshore-norway|title ='Spot' deployed on Aker BP's Skarv FPSO |access-date = October 30, 2021}}</ref> and offices in [[Tokyo]],<ref>{{Cite web|url=https://www.norwegianchamber.com/chamber-blog/2019/11/cognite-establishment-japan|title =【Member Updates】Cognite K.K. - Japan Establishment Event|access-date = October 30, 2021}}</ref> [[Houston]] and [[Austin, Texas|Austin]].<ref name="″:2″">{{Cite web|url=https://www.bizjournals.com/houston/news/2019/04/17/energy-focused-tech-company-to-split-u-s-hq.html|title =Energy-focused tech company to split U.S. HQ between Houston, Austin |access-date = October 30, 2021}}</ref><ref name="″:3″">{{Cite web|url=https://www.forbes.com/sites/brucerogers/2021/06/16/cognite-innovates-industrial-iot-data-platform-to-transform-heavy-asset-industries/?sh=69bc76255b6a|title = Cognite Innovates Industrial IoT Data Platform To Transform Heavy-Asset Industries |website = [[Forbes]] |access-date = October 30, 2021}}</ref><ref>{{Cite web|url=https://www.builtinaustin.com/2021/10/26/turning-company-values-into-shared-vision|title =Turning Values Into Vision: How 4 Austin Companies Strive For the Future|access-date = October 30, 2021}}</ref> The company provides [[software]] and [[industrial internet of things]] ([[IIoT]]) services to industrial companies.


== Overview ==
== Overview ==
Founded in 2016, Cognite offers [[DataOps|a data operations]] and [[Contextualization (computer science)|contextualization]] platform that puts raw data into real-world industrial context.<ref>{{Cite web |title=Nøkkelopplysninger fra Enhetsregisteret - Brønnøysundregistrene |url=https://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=918274758 |access-date=2022-06-15 |website=w2.brreg.no}}</ref> 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.<ref>{{Cite web|url=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|title = Cognite Signs New Agreement With bp to Provide Single Consolidated Data Layer for bp's Well Operations |access-date = October 30, 2021}}</ref> Cognite's Notable customers have included [[Aker BP]], [[BP]], [[Saudi Aramco]], [[Alfa Laval]], [[Statnett]], [[Mitsubishi Heavy Industries]],<ref>{{Cite web|url=https://www.oedigital.com/news/491287-bp-cognite-in-multi-year-software-deal|title =BP, Cognite in Multi-year Software Deal |access-date = October 30, 2021}}</ref><ref name="″:1″" /><ref>{{Cite web|url=https://news.cision.com/aker-asa/r/aker-asa-cognite-and-aramco-sign-joint-venture-agreement,c3259853|title = Aker ASA: Cognite and Aramco sign joint venture agreement|access-date = October 30, 2021}}</ref> and [[TechnipFMC]].<ref name="″:2″" />
Founded in 2016, Cognite [[Aksjeselskap|AS]] offers [[DataOps|a data operations]] and [[Contextualization (computer science)|contextualization]] platform that puts raw data into real-world industrial context.<ref>{{Cite web |title=Nøkkelopplysninger fra Enhetsregisteret - Brønnøysundregistrene |url=https://w2.brreg.no/enhet/sok/detalj.jsp?orgnr=918274758 |access-date=2022-06-15 |website=w2.brreg.no}}</ref> 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.<ref>{{Cite web|url=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|title = Cognite Signs New Agreement With bp to Provide Single Consolidated Data Layer for bp's Well Operations |access-date = October 30, 2021}}</ref> Cognite's Notable customers have included [[Aker BP]], [[BP]], [[Saudi Aramco]], [[Alfa Laval]], [[Statnett]], [[Mitsubishi Heavy Industries]],<ref>{{Cite web|url=https://www.oedigital.com/news/491287-bp-cognite-in-multi-year-software-deal|title =BP, Cognite in Multi-year Software Deal |access-date = October 30, 2021}}</ref><ref name="″:1″" /><ref>{{Cite web|url=https://news.cision.com/aker-asa/r/aker-asa-cognite-and-aramco-sign-joint-venture-agreement,c3259853|title = Aker ASA: Cognite and Aramco sign joint venture agreement|access-date = October 30, 2021}}</ref> and [[TechnipFMC]].<ref name="″:2″" />


In 2021, Cognite raised $150 million in a Series B investment by [[TCV (investment firm)|TCV]]. According to the 2021 report of [[Nasdaq]], Cognite was valued at $1.6 billion.<ref name="″:0″" /><ref>{{Cite web |title=Røkkes IT-selskap henter 1,2 milliarder i ny finansieringsrunde |url=https://e24.no/i/561JjE |access-date=2022-06-15 |website=e24.no |language=nb}}</ref>
In 2021, Cognite raised $150 million in a Series B investment by [[TCV (investment firm)|TCV]]. According to the 2021 report of [[Nasdaq]], Cognite was valued at $1.6 billion.<ref name="″:0″" /><ref>{{Cite web |title=Røkkes IT-selskap henter 1,2 milliarder i ny finansieringsrunde |url=https://e24.no/i/561JjE |access-date=2022-06-15 |website=e24.no |language=nb}}</ref>

Revision as of 11:59, 16 October 2024

Cognite AS
IndustrySoftware
Founded2016; 9 years ago (2016)
HeadquartersOslo,
Norway
Key people
Websitecognite.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.[4][5][6] The company provides software and industrial internet of things (IIoT) services to industrial companies.

Overview

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. Lervik shifted to the position of chief development and strategy officer.[14]

References

  1. ^ a b "Norway's Cognite valued at $1.6 bln in TCV funding round". Retrieved October 30, 2021.
  2. ^ a b "'Spot' deployed on Aker BP's Skarv FPSO". Retrieved October 30, 2021.
  3. ^ "【Member Updates】Cognite K.K. - Japan Establishment Event". Retrieved October 30, 2021.
  4. ^ a b "Energy-focused tech company to split U.S. HQ between Houston, Austin". Retrieved October 30, 2021.
  5. ^ "Cognite Innovates Industrial IoT Data Platform To Transform Heavy-Asset Industries". Forbes. Retrieved October 30, 2021.
  6. ^ "Turning Values Into Vision: How 4 Austin Companies Strive For the Future". Retrieved October 30, 2021.
  7. ^ "Nøkkelopplysninger fra Enhetsregisteret - Brønnøysundregistrene". w2.brreg.no. Retrieved 2022-06-15.
  8. ^ "Cognite Signs New Agreement With bp to Provide Single Consolidated Data Layer for bp's Well Operations". Retrieved October 30, 2021.
  9. ^ "BP, Cognite in Multi-year Software Deal". Retrieved October 30, 2021.
  10. ^ "Aker ASA: Cognite and Aramco sign joint venture agreement". Retrieved October 30, 2021.
  11. ^ "Røkkes IT-selskap henter 1,2 milliarder i ny finansieringsrunde". e24.no (in Norwegian Bokmål). Retrieved 2022-06-15.
  12. ^ "Saudi Aramco acquires 7.4% stake in industrial SaaS firm Cognite". Retrieved 2022-02-03.
  13. ^ "– Etterspørselen er mye større enn jeg drømte om". e24.no (in Norwegian Bokmål). Retrieved 2022-06-15.
  14. ^ Adomaitis, Nerijus (2022-04-04). "Cognite appoints new CEO as founder steps aside". Reuters. Retrieved 2022-04-21.