Impact 2024: The Industrial Data and AI Conference for and by Users | Nominate Speakers Now for a Ch...
Shifter has spoken with the two managers who form the backbone of Aker's new software department. They say that acquiring startups is high up on the agenda. Kjell Inge Røkke recently announced a large-scale investment in software. He outlined a future with dozens of software companies under a separate Aker division called Axis. He told E24 that he has worked on this plan for five years. That is about as long as John Markus Lervik has been in the Aker Group and developed Cognite. The company, which collects and analyzes industry data, was recently valued at NOK 5 billion by Silicon Valley investor Accel. Lervik has also been instrumental in the establishment of Axis.“A lot has been created along the way, but this has existed as a conceptual idea since before the start in 2016,” Lervik said about the new initiative.“The idea behind Axis is to see how people in Norway can build new startups, which can help solve some of the thousands of challenges and opportunities that the industry f
Cognite was featured in TechCrunch as Oslo VC's discuss 2021 trends. The article talks about the incredible opportunity in the Nordic region, with Cognite cited as a strong company to watch. Excerpt from the article:Which industries in your city and region seem well-positioned to thrive, or not, long term? What are companies you are excited about (your portfolio or not), and which founders?We see a good variety of exciting companies from Oslo and Norway. Kahoot, Spacemaker, Cognite, and Pexip have been leading the way lately, with new ones like Memory, Tibber, PortalOne, reMarkable, and many others following right behind. We also believe that Norway’s strong roots with industrial companies now seem to move into tech, for example with a highly skilled workforce moving over from the oil and gas industry, as well as really exciting companies coming out of this area — Cognite being a strong example.Read the full article here.
When John Markus Lervik co-founded the industrial artificial intelligence company Cognite with Norwegian conglomerate Aker ASA in 2016, the companies set out to solve what they believed was an industrial data problem. Now the Cognite chief executive believes AI is thesolution to the larger issues of industrial transformation and a profitable energy transition. As Lervik told an online audience at the CeraWeek by IHS Markit conference in March: “Digital can make sustainability profitable by enabling cost cuts, improving efficiency and reducing environmental footprint — all at the same time — and in most cases, it comes hand-in-hand.” The energy industry is on the precipice of great change. The digital transformation that was under way is experiencing a Covid-19-induced acceleration and a growing push to transition towards sustainable fuel sources like wind, solar, and hydrogen. As a technology entrepreneur, Lervik naturally sees digital as the answer to the many intersecting challenges
Cognite announced it has raised $150 million in an equity funding round led by TCV at a $1.6 billion post-money valuation. Cognite says this investment marks one of the largest funding rounds for a SaaS company in Europe and will be used to expand its platform and support hiring efforts. Read the full article here.
John Markus Lervik in Cognite has been contacted by over 100 VC investors, but he had long warmed up one of the very, very hottest. This article was originally published in Norwegian in Shifter. Read the article here. It is early morning Silicon Valley, and late afternoon at Fornebu. One of the real seniors in the investor community "over there" has got up at six o'clock to attend a video conference he does not want to miss.TCV top Jake Reynolds has previously led investments in Splunk, Webroot and ExactTarget, the latter now known by a new name; Salesforce Marketing Cloud - but this time he has "traded" Norwegian. On the direct line to the Aker quarter, he can finally tell about something he has wanted to do for a long time - invest in Cognite from Norway.- It is incredibly cool that we have got the world's most competent technology investor as a partner, says founder and CEO John Markus Lervik about the big event earlier this week - when it became known that Norwegian Cognite will r
In one of the first in-person industry events since COVID-19, international leaders from across asset-heavy industries took to the stage in Oslo, Norway, on Sept. 21, to present how they are working toward net zero or net negative and the investments they’re making in technology, ESG solutions, and workforce transformation. Set to a backdrop of industrial images juxtaposed with glimpses of majestic nature, the industrial technology and digitalization conference provided a blunt reminder of the world that these net-zero pledges are trying to protect. [Editor’s note: All of these sessions, plus dozens of other Ignite Talks, are available on-demand now.] First on stage was Aker CEO and Cognite Chair Øvyind Eriksen, who opened with a rallying cry:“You’ve made the [net-zero] pledge, but there are only 10,000 days to go,” Eriksen said. “It’s time to discuss the hard issues about what it will take. He added that addressing the challenges “head-on” is what Ignite is all about. In its fourth
Already have an account? Login
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
Sorry, we're still checking this file's contents to make sure it's safe to download. Please try again in a few minutes.
Sorry, our virus scanner detected that this file isn't safe to download.
Check the
documentation
Ask the
Community
Take a look
at
Academy
Cognite
Status
Page
Contact
Cognite Support
