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.
| Industry | Software |
|---|---|
| Founded | 2016 |
| Headquarters | Oslo, Norway |
Key people |
|
| Website | cognite.com |
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]