Cognite Data Fusion® recognized for operationalizing data, optimizing operations, and maximizing the value of digitalization.
Cognite, a global industrial DataOps and AI software-as-a-service (SaaS) company, was announced as the 2019 Technology Partner of the Year for Manufacturing by Google Cloud Technology. Cognite currently supports the full-scale digital transformation of heavy-asset industries around the world, empowering industrial companies to save on costs, reduce environmental footprints to improve sustainability and increase profits made possible through Cognite Data Fusion®.
This international award recognizes one Partner that has implemented technologies to demonstrate how they work together easily to deliver solutions based on individual customer needs.
“We appreciate being recognized for creating value through our software products by turning historical and real-time industrial data into insights. We have seen a number of our manufacturing clients develop and deliver new digital services and even transform their business model as a result of using Cognite Data Fusion®,” said Dr. John Markus Lervik, Co-Founder and CEO of Cognite. “It is important for us to make a true impact on our customers while shaping the digital future of the world’s largest, most vital industries.”
“With Cognite making live and contextualized data available, we at Framo, an Alfa Laval company, are able to create our own software applications to predict the status of our equipment, allowing us to plan efficient maintenance. The new system sends intelligent data on our pumps, so we can predict how the pumps will perform in the future. This has enabled us to sign a groundbreaking long term smart contract with our customer Aker BP," said Trond Petter Abrahamsen, Managing Director of Framo Services AS.
Cognite Data Fusion® is an industrially specialized DataOps and AI platform to optimize manufacturing facilities intelligently by reducing downtime, improving equipment effectiveness, and optimizing forecasting. Through integrated hybrid AI analytics tools, advanced visualization in real-time dashboards, and low code application development services, Cognite Data Fusion® enables heavy asset customers to operationalize and scale their digital programs to unlock ROI at scale.
Cognite has consistently produced proven results for the heavy asset industry, which accounts for around 20-30% of the gross domestic product worldwide, with main verticals in energy and oil & gas, power & utilities, and manufacturing. Operating costs have been reduced by 15-18% through digitalization of the industrial assets and work processes.