By Asmita - Mar 19, 2025
Cognite, an industrial software firm supported by Saudi Aramco, opens an AI center in Bengaluru, India to expand its reach in the Indian market. The company plans to invest millions of dollars and establish partnerships with local conglomerates, aiming to leverage India's growing industrial landscape. This move aligns with the global trend of companies seeking alternatives to China and reflects Cognite's commitment to driving innovation in AI solutions for various sectors, including manufacturing.
AI via Needpix .com
LATEST
On March 19, 2025, Cognite, an industrial software firm backed by Saudi Aramco, officially opened its artificial intelligence (AI) services center in Bengaluru, India. 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 Aker ASA, 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.