Cognite Launches AI Hub in Bengaluru, Plans Major Collaborations
Cognite Launches AI Hub in Bengaluru, Plans Major Collaborations

Cognite Launches AI Hub in Bengaluru, Plans Major Collaborations

News summary

Cognite, an industrial software firm backed by Saudi Aramco, has launched an AI services center in Bengaluru, India, aiming to secure contracts with major local conglomerates in sectors like cement and automotive. The company's Chief Strategy Officer, Håkon Bjerke, stated that Cognite is investing millions into the Indian market, viewing it as a significant opportunity amid a global shift away from China. This move aligns with broader trends as global giants such as Apple and Tesla are also expanding operations in India, driven by Prime Minister Modi's pro-business reforms. Cognite specializes in software that enhances the operations and safety of industrial installations, and its expansion is poised to capitalize on the rising demand for AI solutions in manufacturing. The establishment of the center reflects Cognite's strategy to diversify its investments and leverage India's growing industrial landscape. With existing clients such as AkerBP and Koch Chemical, Cognite is well-positioned to influence the industrial software sector in India.

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