Business Wire

Cognite Expands Into North American Technology Market

Del

Cognite, a leading provider of structured and contextualized data for industrial applications, today announced that it will enter the North American technology market and open a U.S. headquarters facility in the summer of 2019. The company is considering sites in both Texas and California for the headquarters location.

Thanks to the success of its flagship Cognite Data Platform, Cognite is the fastest-growing technology company in Scandinavia, offering a software solution that delivers a digital representation of an organization’s “industrial reality” by transforming existing industrial data into useful, actionable information that builds connections and facilitates analysis across the enterprise that ultimately supports digital transformation and change initiatives at scale.

Driven by the competitive value of leveraging previously untapped industrial data, global demand for Cognite solutions has gone far beyond the company’s native Norway. For asset-intensive industries like oil and gas, power generation, energy grid management, and shipping, the Cognite platform “liberates” data from sources that include industrial sensors, equipment hierarchies, piping and instrumentation diagrams, 3D models, maintenance logs, and even weather information in order to deliver scalable, accessible, real-time and fully contextualized data for application development, enablement of machine learning, and forging ecosystem connections and partnerships. Exclusive Contextualization technology from Cognite links everything from the real world to everything in the Cognite platform, adding layers of context to the data for deeper analytics and insights.

“Our firm has proven the value of unlocking data to create value for industrial enterprises in Europe,” commented Francois Laborie, general manager of Cognite North Americas. “We are confident that Cognite can bring a new level of innovation to asset-intensive companies in North America by liberating their industrial data and making an immediate impact through data analytics that have the potential to reduce costs, optimize production and transform their business models.”

He added, “This is an exciting decision; we are considering cities in both Texas and California as our new North American location and will announce our decision later this year.” The North American location will incorporate administrative, field marketing, business development and technical/engineering head count to support new customers and the company’s existing customer base, including customers with a U.S. footprint such as Aker BioMarine and Aker Solutions, TechnipFMC and Wallenius Wilhelmsen.

Key Partnerships in Place

Concurrent with its entry into the North American market, Cognite has in place key technology and industry partnerships designed to help it rapidly deploy, scale and achieve market awareness.

The Cognite Data Platform is built on the Google Cloud Platform, providing customers with high performance and scalability at a reasonable cost, and, according to Darryl Willis, vice president, Oil, Gas and Energy for Google Cloud, “Cognite has stretched the potential of Google’s technology in the space of industrial data platforms. In a short time, Cognite has proved that data, once made accessible, can provide substantial impact to the industry by accelerating the adaption of AI and making operations safer and more efficient.”

Cognite has also joined the World Economic Forum’s Centre for the Fourth Industrial Revolution to engage in maximizing the benefits of science and technology for society.

“In January, we welcomed Cognite as a new member of the Centre for the Fourth Industrial Revolution. Their vision and expertise fit well with our mission to accelerate the benefits of science and technology for society. We are looking forward to their unique perspective on innovation and collaboration,” said Zvika Krieger, head of technology policy at the World Economic Forum Centre for the Fourth Industrial Revolution.

About Cognite

Headquartered in Oslo, Norway, Cognite is the fastest-growing technology company in Scandinavia. The company’s flagship solution, the Cognite Data Platform, liberates industrial data from separate, siloed systems and reveals that data in a structured and contextualized manner, presenting a full, virtual view of industrial reality – both past and present – made accessible and meaningful for humans and machines. Exclusive Cognite functionality, called Contextualization, means that everything linked in the real world is linked in the platform, and the company’s groundbreaking industrial IoT data platform empowers companies to extract value from existing data by transforming it into useful information. Cognite’s interdisciplinary team includes software developers, data scientists and 3D specialists. To learn more, visit https://www.cognite.com/ or follow @CogniteData on Twitter or LinkedIn.

Contact information

Sara Black
sara@bospar.com
213.618.1501

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Elliott Statement on Uniper21.5.2019 12:04:00 CESTPressemelding

In advance of Uniper SE’s (“Uniper” or the “Company”) Annual General Meeting tomorrow, Elliott Advisors (UK) Limited has decided to withdraw its proposed resolution to instruct management to prepare a lawful domination agreement with the Company’s largest shareholder Fortum Oyj. About Elliott Elliott Management Corporation manages two multi-strategy funds which combined have approximately $34 billion of assets under management. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds of its kind under continuous management. The Elliott funds’ investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, and employees of the firm. Elliott Advisors (UK) Limited is an affiliate of Elliott Management Corporation. View source version on businesswire.com: https://www.businesswire.com/news/home/20190521005515/en/ Contact information London Sarah Rajani CFA Elliott Advisors (UK) Limited +44 (0) 20 3009 1475 srajani@

Rockefeller Capital Management Launches UCITS Funds Based on its Equity ESG Strategies21.5.2019 12:00:00 CESTPressemelding

Rockefeller Capital Management today announced that its asset management business, Rockefeller Asset Management, is now offering its long-standing equity investment capabilities that fully integrate Environmental, Social and Governance (ESG) research to European investors with the launch of a UCITS regulated fund structure. The first UCITS funds, seeded by prominent, long-term European institutional investors, are the Rockefeller Global ESG Equity Fund and the Rockefeller U.S. ESG Equity Fund (the “Funds”). The Funds are available to institutional and retail investors, featuring a founders’ share class for larger early-stage investors, and are available for passporting into many European countries. With investment roots in the U.S. dating back over 135 years and more than 30 years of experience in global equity investing, Rockefeller is a pioneer in combining a global investment view with a framework of rigorous fundamental research that incorporates ESG analysis. Rockefeller’s history

Moldova Citizenship-by-Investment Program Completes First Successful Application21.5.2019 09:07:00 CESTPressemelding

As concessionaire of the Moldova Citizenship-by-Investment (MCBI) program, Henley & Partners is pleased to note the successful completion of the first citizenship-by-investment application in the country. Henley & Partners has over 20 years of experience in strategic consulting, working with sovereign states around the globe in the design, set-up, and operation of the world’s most respected investment migration programs. The completion of the first citizenship-by-investment application process in Moldova clearly illustrates the features that are at the core of the MCBI program: impressive efficiency and a firm commitment to best practice. Within a three-month window, applicants are thoroughly screened in a multi-stage due diligence process that ensures only highly credible international investors are granted Moldovan citizenship. There are currently over 30 applications in process, which is a testament to the international investment community’s growing appreciation of the value of the

comforte AG Launches New Payments Industry Data Security Solution21.5.2019 08:50:00 CESTPressemelding

comforte AG today announced its Data Security Solution and Practice for the Payments Industry. The solution is making its debut at Card Forum 2019, the annual gathering of card and payment executives from the industry’s leading issuers, networks, retailers and innovators. Card Forum 2019 is being held this week in New Orleans. comforte AG has over a decade of history working with payment service providers (PSPs) to achieve compliance with data security regulations, in particular PCI DSS, as well as with more recent legislation such as the EU's General Data Protection Regulation (GDPR) or the upcoming California Consumer Privacy Act (CCPA). Our new solution will provide PSPs with enterprise-grade data security that not only fulfills key requirements of existing regulations, but will also help them to prepare for PSD2, which comes into effect in September of this year. PSD2 and open banking offer PSPs numerous opportunities to generate additional revenue, reduce costs, and increase marke

Lion/Gem Luxembourg 3 S.a.r.l. Announce Second Quarter Results for FY 201921.5.2019 08:00:00 CESTPressemelding

The Second Quarter Results for FY19 (to 30 September 2019) for Lion/Gem Luxembourg 3 S.a.r.l. (associated with Young’s Seafood Limited) will be made available on our Investor Relations website on May 21, 2019. The Second Quarter Results for FY19 call for investors that accompanies this information is scheduled to take place at 13:00 BST on May 21, 2019. The Second Quarter covers the quarter to 30 March 2019; the financial year end for Lion/Gem Luxembourg 3 S.a.r.l. is September 30, 2019. For further information: If you are an investor or a potential investor in the 8¼%/ 9% Senior PIK Notes due 2019, of Lion/Gem Luxembourg 3 S.a.r.l., and would like access to this information, please register your interest on our Investor Relations website: https://youngsseafood.co.uk/investors/. If you have any questions about the registration process or need further information, please do not hesitate to contact Nicholas Donnelly, Communications Manager at Young’s Seafood: nicholas.donnelly@youngsseaf

Arthur D. Little: Nord Stream 2 Provides Economic Benefits, Generates Innovation and Helps to Develop Contractors’ Businesses21.5.2019 08:00:00 CESTPressemelding

The second part of a recent report from Arthur D. Little (ADL) – “Nord Stream 2 economic impact in the construction phase” – analyzes the economic effects (job creation and GDP) of the ongoing project to build two new gas pipelines from Russia to Germany. The report, which is a follow-up to an earlier report created in 2017, analyzes the current status of project investment and concludes that the total economic benefit to the European Union (EU) represents €9.9 billion for building the pipelines. In comparison to the first report (2017), which was carried out in the procurement phase, more than twice as much CAPEX has now been committed and spent in several EU and non-EU countries now that the project is in the middle of construction. More than 1,000 contractors from all over Europe and Russia are contributing to the realization of the project. This includes both large international firms providing materials or construction services and small enterprises providing expert services. Furt