Cognite: driving industrial digitalization forward

Cognite is an industrial software company, enabling companies in heavy-asset industries improve their operations by delivering software and solutions through data collection and sharing.

The company’s main product, Cognite Data Fusion (CDF), collects, processes and facilitates big data continuously for its industry customers. Data from several sources is available as useful information to employees and contributes to safer and more efficient decisions.

Geographic market:
International
CEO:
John Markus Lervik
Sector:
IT
Chairman:
Øyvind Eriksen
Category:
Software and digitalization
Website:
Share of Aker's total assets (3Q20):
0.1%
Cognite square

Aker's ownership agenda

Cognite is growing rapidly, and as the main shareholder, Aker is driving forward an ambitious expansion into a growing global market for industrial software. International expansion, continued recruitment of talented individuals from across the globe, strengthening of customer relationships, and strategic partnerships and cooperation opportunities remain important items on Aker’s ownership agenda. Aker will work close with Accel, a new minority shareholder in Cognite, to further scale and commercialize Cognite’s core product, Cognite Data Fusion (CDF) for the global market.

Øyvind Eriksen represents Aker on Cognite’s board of directors

Data employee edited

Cognite Data Fusion (CDF)

Industries like manufacturing, energy and shipping, have yet to have their iPhone moment in digitalization. Data is locked in separate systems and sensors, and other barriers to change impede their digital transformation and trigger inefficiencies. Cognite’s main product, CDF, solves that challenge by breaking down silos, liberating operational data from all relevant sources, and enabling smart applications that can improve operations, optimize production, reduce energy consumption, and improve efficiency.

Read more at cognite.com

Ignite Talks

Ignite is Cognite’s annual conference bringing together thought leaders, industry leaders and the world’s most innovative technological minds for deeper conversations. This year, over 10,000 registered attendees engaged in virtual talks about the energy transition, the new era for cyber security, reducing emissions via data contextualizing, and more.

Check out the videos from the conference year here
Cognite handheld 1160x870

Accel on board to scale and commercialize CDF globally

Cognite has entered a partnership with Accel, a leading global venture capital firm with deep domain experience and expertise in building world class software companies. Accel’s insight and expertise in scaling and commercializing software companies globally marries perfectly with Aker’s deep industrial knowledge. The parties will work together to accelerate Cognite’s growth initiatives, including expanding its go-to-market strategy and product development. Accel is a Series A minority shareholder in Cognite and has a seat on the company’s Board.

Global partnership with Microsoft

Microsoft chosen Cognite as its first Norwegian global partner in October 2020. The Cognite Data Fusion platform will be fully integrated in Microsoft Azure, combining human and Artificial Intelligence (AI) to collectively achieve superior results.

Azure is Microsoft's platform for cloud computing services. Through Azure, Microsoft offers software, analytics systems and services. Cognite's solutions are fully integrated into Microsoft Azure.

Cognite is on Microsoft's list of 200 top partners of independent software vendors, called "Global ISV". Microsoft's global sales team has clear incentives to sell both Microsoft and Cognite's solutions to customers worldwide.

The collaboration builds on the common goal to create transformation through digitalization as demonstrated by Microsoft’s recent commitment to The Center for Fourth Industrial Revolution for the Ocean (C4IR Ocean), and the Ocean Data Platform (ODP), which is also powered by Cognite technology. The World Economic Forum and Aker are the initiators of the marine technology

Both companies are committed to technology-based systems to improve ocean health.