465% ROI and $29.4M of total benefits from Cognite
Forrester Consulting conducted a Total Economic Impact™ (TEI) study that examines the potential return on investment (ROI) and business benefits asset-heavy industrial organizations can expect from deploying Cognite’s industrial AI and data platform. Download the full study to see the benefits.
Short on time? Read the supporting infographic.
Value of Cognite at a glance
$35.7M
$29.4M
465%
<6 months
“It’s impossible for us to conceive of an operating model without Cognite at the core. We can now go from idea to production at scale so fast; and with the possibilities of layering genAI on top of the data — that’s a true competitive advantage and incredibly valuable for us.”
Chief Digital Officer
Oil and gas
“Cognite is helping us discover information that has historically taken a long time. […] Something that usually takes about 10 hours or maybe a couple of days can be done in half a day, so that over a 50% improvement.”
Senior Manager, Technology
Oil and gas
“Root cause analysis has been a super use case showing the value of the right data and genAI combined. It far exceeded what we thought we could do with Cognite.”
Chief Digital Officer
Oil and gas
See how Cognite can help you accelerate value from Industrial AI
Summary of benefits
Unlock 465% ROI from production optimization, improved onsite staff efficiency, and reduction in unplanned downtime with Cognite.
Summary of benefits
(three-year risk-adjusted)
Incremental profit from production optimization
$10.7M
Improved onsite staff efficiency
$10.5M
Reduction in unplanned downtime
$14.5M
Enable simple access to complex industrial data
Derived from first-person research and interviews across Cognite's customer base in oil and gas, manufacturing, power and cleantech, the study provides strong evidence that solving the industrial data problem is critical in realizing value from industrial digitalization efforts.
Without Cognite
Multiple data repositories
Lack of data contextualization
Incomplete dashboards and analytics
Manual workarounds, searching and making sense of data
Limited ability to apply advanced analytics or automation
With Cognite
Single operational, data-focused repository
Fully contextualized and searchable industrial data
Improved data visibility and accessibility
Solutions automated and scaled across industrial facilities
Helped implement and scale projects faster across different sites with AI
Are you ready to accelerate value from Industrial AI?
Read the study and learn how you can transform operations with Cognite’s scalable Industrial AI and Data platform.
