Cognite, founded in 2016, has positioned itself as a global leader in Industrial AI, particularly in revolutionizing asset-heavy industries through digital transformation. Headquartered in the United States, this company excels in unifying Operational Technology (OT), Enterprise Technology (ET), and Information Technology (IT) data via its Cognite Data Fusion® platform. This enables companies in Energy, Manufacturing, and Power & Utilities sectors to extract actionable insights from complex data.
The Cognite Atlas AI™ platform empowers users with low-code solutions, enhancing their capacity by deploying Industrial AI agents, thus significantly reducing downtime and increasing uptime by 30%. Boasting a remarkable 400% ROI, as per a Forrester report, Cognite has unlocked over $1 billion in customer value in the past year alone.
Notably, their ambitious "moonshot" venture aims to deliver $100 billion in realized customer value by 2035. With a robust team of 700, including experts like software developers and data scientists, Cognite secured a $113 million secondary market investment from Saudi Aramco in February 2022, underlining strong investor confidence in its scalable AI capabilities. The company's involvement across AI, Automation, Information Technology, SaaS, and Machine Learning makes it a viable candidate for investors seeking exposure in data-driven industrial innovation.