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Cognite

Category: AI Infrastructure

Cognite is a global leader in Industrial AI, providing a data fusion and AI agent platform that connects, contextualizes, and activates industrial data for heavy-asset industries. Cognite was founded in 2017. The company is led by Girish Rishi. Based in Tempe (Phoenix), Arizona, United States. Team size: 501-1000. Total funding raised: $338M. Key investors include TCV; Accel; Saudi Aramco (via Aramco Overseas); Aker ASA.

Founded
2017
Headquarters
Tempe (Phoenix), Arizona, United States
Team size
501-1000
Total funding
$338M

Value proposition

Cognite's Industrial AI and Data Platform (Cognite Data Fusion + Cognite Atlas AI) connects and contextualizes operational, engineering, and IT data in real time, enabling industrial companies to deploy AI agents and analytics at scale to optimize production, reduce downtime, and increase productivity.

Products and solutions

Cognite Data Fusion® (Industrial DataOps platform); Cognite Atlas AI™ (low-code industrial AI agent workbench); Cognite Flows™ (AI-native industrial experience); Cognite Applications (pre-built solutions for maintenance, field operations, robotics)

Unique value

Purpose-built industrial data contextualization platform that unifies OT, IT, and ET data with a low-code AI agent workbench (Atlas AI), enabling rapid scaling of AI across heavy-asset industries with proven 465% ROI and $29.4M in total benefits per Forrester study.

Target customer

Heavy-asset industries: oil & gas, petrochemicals, power generation, renewables, manufacturing, shipbuilding, and utilities

Industries served

Upstream Energy; Downstream Energy; Continuous Process Manufacturing; Power Generation; Power Grid; Renewables; Shipbuilding; Chemicals

Technology advantage

Industrial data contextualization using knowledge graphs; 90+ pre-built extractors/connectors for industrial data sources (OPC-UA, OSI PI, MQTT, etc.); Low-code AI agent workbench (Atlas AI); Open architecture supporting any cloud, any LLM; Digital twin capabilities; Google-like AI-assisted search for industrial data

How they differentiate

Unlike general-purpose AI platforms, Cognite is purpose-built for heavy-asset industries with deep domain expertise in OT/IT data unification. Its industrial heritage (born from Aker BP) gives it real-world deployment credibility. The platform's contextualization engine creates a semantic layer that makes industrial data AI-ready, while Atlas AI provides a low-code agent workbench specifically for industrial workflows. Recognized as Leader in IDC MarketScape for Industrial DataOps.

Main competitors

C3 AI; Palantir (Foundry); Falkonry; MaestroHub; On3

Key partnerships

Microsoft (global collaboration); Snowflake (strategic partnership for industrial data unification); Databricks (domain-specific intelligent data foundation); ABB (agentic AI integration); AWS (cloud marketplace); TotalEnergies (drilling & production AI); Tulip (manufacturing AI); Radix (AI data management)

Notable customers

bp; Saudi Aramco; Aker BP; TotalEnergies; Alfa Laval; Statnett; Mitsubishi Heavy Industries; TechnipFMC; NOVA Chemicals; KOCH; Celanese; Hanwha Ocean; LG Chem; Lotte Chemical

Major milestones

2017: Founded in Oslo, Norway; 2020: $75M Series A from Accel ($550M valuation); 2021: $150M Series B from TCV ($1.6B unicorn valuation); 2022: Saudi Aramco acquires 7.4% stake ($113M secondary); Girish Rishi appointed CEO; 2024: Relocated global HQ to Tempe, AZ; 2025: Launched Cognite Atlas AI agent workbench; Exceeded $170M annual revenue; 2026: Ranked #15 on CNBC Disruptor 50; Established Seoul office via Seoul Investment Promotion Agency partnership

Growth metrics

$170M+ annual revenue (FY2025); 36% YoY ARR growth; 800+ employees; 40% of revenue from non-oil & gas customers; 70% of new bookings on Atlas AI; 26% MoM active user growth

Market positioning

Leader in Industrial AI and Industrial DataOps — positioned as a Leader in IDC MarketScape for Worldwide Industrial DataOps Platforms; ranked #15 on CNBC Disruptor 50 list (2026); unicorn status at $1.6B valuation

Geographic focus

Global — HQ in Tempe, AZ (US); European HQ in Oslo, Norway; offices in Houston, Austin, Tokyo, Singapore, Abu Dhabi; new Seoul office (2026)

Patents and IP

8+ patents filed (per CB Insights); Industrial data contextualization and knowledge graph technology

About Girish Rishi

Ex-CEO of Blue Yonder (supply chain software, acquired by Panasonic); Executive leadership at Motorola and Tyco; Education at The Johns Hopkins University SAIS

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