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Aramco-backed software firm opens AI center in India
Cognite, an industrial software company backed by Saudi Aramco, has opened an AI services center in Bengaluru, India, aiming to secure contracts with major Indian conglomerates.
The company has partnered with a cement manufacturer and an automotive firm, though details were not disclosed.
Chief strategy officer Hakon Bjerke said that Cognite is investing millions in its Indian operations, with plans to increase this investment.
CEO Girish Rishi highlighted India’s importance as a key market, citing global supply chain diversification beyond China.
Cognite recently moved its headquarters to the US and serves clients like AkerBP, Cosmo Energy Holdings, and Koch Chemical.
Controlled by Aker ASA, Cognite focuses on enhancing industrial efficiency and safety. Saudi Aramco holds a 7.4% stake through its subsidiary, Aramco Overseas Company B.V.
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