On March 19, 2025, ,[object Object],, an industrial software firm backed by ,[object Object],, officially opened its artificial intelligence (AI) services center in ,[object Object],, ,[object Object],. This strategic move marks a significant expansion for ,Cognite, as it aims to tap into the burgeoning Indian market. The company is actively seeking partnerships with major conglomerates in the region, indicating a strong commitment to invest millions of U.S. dollars in ,India,. Hakon Bjerke, ,Cognite,'s chief strategy officer, emphasized the company's long-term vision, stating, ",Cognite, is betting on ,India, and is investing millions of U.S. dollars currently and our investment in ,India, will continue to increase."
,Cognite, specializes in software solutions that enhance operational efficiency and safety for industrial sectors, particularly in oil and gas. The firm operates under ,[object Object],, an investment company led by Norwegian billionaire Kjell Inge Røkke. The decision to establish a presence in ,India, was driven by the significant opportunities available, especially as global businesses increasingly seek alternatives to China for manufacturing and operational needs. Girish Rishi, CEO of ,Cognite,, noted that ,India,'s growing industrial landscape aligns well with the company's expertise in AI-driven solutions.
The opening of the AI center comes at a time when many global companies are looking to expand their operations in ,India,. This trend has been bolstered by Prime Minister Narendra Modi's initiatives aimed at attracting foreign investments. Notable companies such as Apple and Tesla have already announced plans to either expand or establish new operations within the country. ,Cognite,'s entry into the Indian market highlights its ambition to capitalize on the recent AI boom that is transforming how businesses operate across various sectors, particularly manufacturing.
The integration of AI technologies is reshaping operational practices, enabling manufacturers to optimize processes, improve product quality, and enhance supply chain efficiency. As ,Cognite, sets its sights on collaborating with prominent players in industries such as cement manufacturing and automotive, it positions itself as a key player in driving innovation within ,India,'s industrial sector. ,Cognite,'s recent relocation of its headquarters to the United States further underscores its commitment to becoming a global leader in industrial AI solutions while maintaining strong ties with its roots in Norway and Saudi Arabia.