Cognite, an industrial software company backed by Saudi Aramco, has launched its artificial intelligence (AI) services center in Bengaluru, India. The expansion marks a major step for Cognite as it seeks to tap into India’s rapidly growing industrial market. The company plans to invest millions of U.S. dollars and collaborate with major Indian conglomerates.
Cognite’s Commitment to India
Hakon Bjerke, Cognite’s Chief Strategy Officer, said, “Cognite is betting on India and is investing millions of U.S. dollars currently. Our investment in India will continue to increase”.
Cognite develops software solutions that enhance efficiency and safety in industrial operations, particularly in the oil and gas sector. The company operates under Aker ASA, an investment firm.
A Strategic Expansion
Cognite chose India for its new AI center due to the country’s increasing role in global manufacturing. As businesses seek alternatives to China, India has emerged as an attractive option. Cognite’s CEO, Girish Rishi, highlighted that India’s evolving industrial landscape aligns with the company’s AI-driven solutions.
India’s AI Boom and Foreign Investments
Cognite’s expansion aligns with a broader trend of global companies increasing their presence in India. With AI transforming industries such as manufacturing, It sees an opportunity to drive innovation and improve operational efficiency.
AI’s Role in Industrial Transformation
AI technologies are revolutionizing manufacturing by optimizing processes, enhancing product quality, and improving supply chain efficiency. Cognite aims to collaborate with major players in industries like cement manufacturing and automotive to accelerate AI adoption in India.
A Global Vision with Strong Regional Ties
Cognite recently moved its headquarters to the United States, reinforcing its global ambitions. However, the company remains closely connected to its Norwegian roots and its strategic partnership with Saudi Aramco. As reported by nbnw.org, by expanding in India, Cognite positions itself as a key player in the industrial AI revolution.
