This article may rely excessively on sources too closely associated with the subject , potentially preventing the article from being verifiable and neutral.(January 2022) |
Industry | Software |
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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. [4] [5] [6] The company provides software and industrial internet of things (IIoT) services to industrial companies.
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]
Kjell Inge Røkke is a Norwegian businessman who was convicted of corruption in 2005.
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