Cognite AS is a Norwegian software as a service company with headquarters in Oslo , Norway and offices in Tokyo , Houston and Austin . The company provides software and industrial internet of things ( IIoT ) services to industrial companies.
6-603: Founded in 2016, Cognite AS offers a data operations and contextualization platform that puts raw data into real-world industrial context. 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. Cognite's Notable customers have included Aker BP , BP , Saudi Aramco , Alfa Laval , Statnett , Mitsubishi Heavy Industries , and TechnipFMC . In 2021, Cognite raised $ 150 million in
12-470: A managing director (MD) or chief executive (CEO) . If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiaries may have a different fiscal year, as is allowed, to match the parent corporation . The ASA differentiates from
18-504: A Series B investment by TCV . According to the 2021 report of Nasdaq , Cognite was valued at $ 1.6 billion. 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. Aker BP was Cognite's largest customer. In April 2022, Girish Rishi, former CEO of Blue Yonder , succeeded John Markus Lervik as CEO. Lervik shifted to
24-491: Is always a limited company , i.e. the owners cannot be held liable for any debt beyond the stock capital. Public companies are called allmennaksjeselskap (ASA), while companies without limited liability are called ansvarlig selskap (ANS). All AS companies must have a stock capital of at least NOK 30,000. In addition, they must have a board of directors , depending on the size of turnover, balance sheet total or number of employees, an auditor . They may appoint
30-466: The aksjeselskap in that it has rules regulating its ownership. There cannot be any rules limiting the company's ownership to certain interests, and an ASA must offer a public tender to purchase stock, either new stock or from existing owners if the company is converted from an AS. Norwegian companies, both those listed on a stock exchange and banks , must be ASAs (banks, however, are exempt from certain regulation including ownership regulation). An ASA
36-511: The position of chief development and strategy officer. In August 2024, Cognite partnered with Radix to use AI to develop a more advanced data management system. This Norwegian corporation or company article is a stub . You can help Misplaced Pages by expanding it . Aksjeselskap Aksjeselskap is the Norwegian term for a stock -based company . It is usually abbreviated AS , historically often written as A/S . An AS
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