1 Billion in Verified AI Value, Confirming Impact of Industrial AI Solutions: Cognite
Cognite, the global leader in Industrial
AI,announced that companies using its Industrial AI and Data Platform have
unlocked more than $1 billion in verified, realized value. The milestone comes
exactly one year after the company publicly announced its 10-year Moonshot at
its customer conference—a strategic commitment to deliver $100 billion in
quantifiable value to Cognite customers by 2035. While no other Industrial AI
vendor has made such a commitment, Cognite believes aligning its own success
metrics with how customers measure real-world impact is an important
distinction that builds greater trust and mutual success.
"Documenting
$1 billion in verified value in just twelve months is a testament to the deep
collaboration among our customers, partners, and the internal teams at Cognite
that support them," said Girish Rishi, CEO of Cognite. "When we set
out to couple our industry-leading Industrial AI and Data Platform with a
rigorous, repeatable process for measuring real ROI, we knew the result would
be meaningful, immediate, and compounding. We are deeply grateful to our global
customers and partners for their trust and collaboration as they lead the way
in transforming heavy industry.”
The $1
billion threshold represents more than an estimate; it’s a pivotal proof point
in Cognite’s strategy to scale Industrial AI and DataOps across
capital-intensive asset operations globally. As part of its implementation
process, Cognite works with its customers to understand and measure the
operational KPIs that are most meaningful to the customer and reflect the way
they operate. A dedicated value team works with each customer to understand how
those KPI improvements are impacting their business. In the 12 months since
launching the Moonshot, Cognite and its customers identified billions in
potential value and have now verified $1 billion ROI associated with
operational metrics most often used by industrial companies, including:
- Reducing Unplanned Downtime and Production
Costs: Driving approximately 36% of value verified to date, customers are
leveraging AI and automated workflows to prevent costly asset shutdowns
across complex industrial operations, help them get back running when the
unexpected happens, and lower the costs of running their operations.
- Improving Frontline Productivity: Driving another 27% of
value, customers are delivering instant, context-aware operational insight
directly to field engineers, accelerating time-to-decision from hours to
seconds. This allows frontline workers to make faster and better decisions,
driving higher production yields and reducing costs.
- Increasing Production: 26% of the value customers
are realizing comes from increasing their overall production, via higher
yields, faster cycle times, and eliminating throughput bottlenecks.
- Creating Faster Time To Value: 10% of value is being
derived from customers being able to deliver solutions across their
complex operations faster than previous efforts. This acceleration pulls
forward large amounts of value that would not have been possible while
those solutions were being built.
Ignos, a
strategic Cognite partner, is already working with dozens of clients to build
real-time performance and uptime tracking tools. Believing it’s easier to get
rid of something customers can see, Ignos launched “Mr. Off”—downtime with a
face—to personify the disruption of unplanned downtime.
"At
Ignos we build for the people on the shop floor, and we see the factory as a
learning organization," said Rolf Thu, Co-Founder and CTO at Ignos.
"With Cognite, we connected 62 machines for one client in nine months and won back
around 150 hours of machine uptime every day. When operators get the right data
where they work, they create more. Cognite's focus on verified value matches
how we measure it: on the plant floor."
Realized
value compounds and accelerates over time as each company continues to increase
their use of the Cognite Industrial AI and Data Platform. In aggregate over the
last 12 months, customers’ knowledge graph scale and usage skyrocketed,
including exceeding 107 trillion contextualized time-series data points—up more
than 39%. In addition, the number of data modeling instances has doubled, and
AI token usage has grown by more than 1000%. Since launching Cognite Flows
Custom Apps earlier this year in May, customers have also built more than 1200
production-grade apps to scale AI workflows and unlock more value in their
operations. All of these metrics serve as leading indicators toward achieving
the $100 Billion Moonshot.
“Industrial
AI only delivers true value when it helps industrial companies solve
high-stakes operational decisions and drive tangible impact,” said Noriko
Rzonca, Chief Digital Officer at COSMO Energy Holdings. “Together with Cognite,
we are helping our teams use complex data to optimize asset performance and
streamline operational decisions. Cognite’s $1 billion in realized customer
value is proof that an outcome-first approach works at scale, and we are proud
to partner in shaping this new standard for industry.”
























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