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Cognite Announces Generative AI-Powered Industrial Canvas Platform to Accelerate Business Decisions by 90%

2023-06-22 15:26
OSLO, Norway & AUSTIN, Texas--(BUSINESS WIRE)--Jun 22, 2023--
Cognite Announces Generative AI-Powered Industrial Canvas Platform to Accelerate Business Decisions by 90%

OSLO, Norway & AUSTIN, Texas--(BUSINESS WIRE)--Jun 22, 2023--

Cognite, a globally recognized leader in industrial software, today announced Industrial Canvas, an intuitive, composable, visual workspace that revolutionizes data exploration and visualization. Industrial Canvas is built on top of the market-leading Industrial DataOps foundation within Cognite’s core platform, Cognite Data Fusion ®, and is powered by Cognite AI, a comprehensive suite of Generative AI capabilities. With Industrial Canvas, Cognite makes cross-data source insights available to everyone, at all levels of the organization, to easily build specific use case applications. This decreases time spent searching for data and increases time spent collaborating, accelerating high-quality business decisions by 90%.

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Cognite Announces Generative AI-Powered Industrial Canvas Platform to Accelerate Business Decisions by 90%. (Photo: Business Wire)

“Industrial Canvas makes data ‘speak human,’ as for every one person that can ‘speak code,’ there are 100s who cannot,” says Geir Engdahl, Chief Technology Officer at Cognite. “Industrial Canvas can now empower everyone utilizing data to inform their daily production optimization, maintenance, safety, and sustainability decisions with simple access to complex industrial data - in their language and on their terms.”

Industrial Canvas is a collaborative environment where users can view all data types (documents, engineering diagrams, sensor data, images, 3D models, and more), choose to share workspaces, tag users, and share insights as comments. Industrial Canvas is unique in the way it leverages contextualized data and Generative AI.

“With Cognite, we’ve already increased efficiencies, reduced fuel consumption, and improved production flow and maintenance - and we’ve scaled across our Houston plant and three vessels in Antarctica,” says Matts Johansen, CEO at Aker BioMarine. “Now with Industrial Canvas, we are on the forefront of leveraging Generative AI to further support our people and enable them to use their specialist knowledge to drive our organization forward.”

Cognite uses Generative AI to enhance data onboarding, complete with lineage, quality assurance, and governance, while a unique Generative AI architecture enables deterministic responses from a native AI Copilot. This allows subject matter experts to answer operational questions, compile and develop no-code applications, and analyze complex scenarios without a single line of code.

Industrial Canvas overcomes the challenges of other single pane of glass solutions, which often over-promise capabilities and are too rigid with prescribed workflows, preventing users from working with the data how they choose.

Cognite Data Fusion’s Industrial Canvas is available in beta for select customers participating in the early adopter program on Cognite Hub.

About Cognite

Cognite is a globally recognized leader in industrial software with a clear vision: to rapidly empower industrial companies with accessible, trustworthy, and contextualized data and drive the full-scale digital transformation of asset-heavy industries. With its market-leading Industrial DataOps platform, Cognite Data Fusion ®, and a comprehensive suite of Industrial Generative AI capabilities, Cognite AI, Cognite makes it easy for decision-makers to access and understand complex industrial data. Cognite Data Fusion ® is a user-friendly, secure, and scalable platform that enables industrial data and domain users to collaborate quickly and safely to develop, deploy, and scale Industrial Generative AI solutions that deliver both profitability and sustainability. Visit us at www.cognite.ai and follow us on LinkedIn and Twitter.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230622581174/en/

CONTACT: Michelle Holford

Vice President, Global PR Cognite

Michelle.Holford@cognite.com

KEYWORD: NORTH AMERICA UNITED STATES EUROPE NORWAY CANADA TEXAS

INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING AEROSPACE MANUFACTURING DATA ANALYTICS MOBILE/WIRELESS MACHINERY MACHINE TOOLS, METALWORKING & METALLURGY IOT (INTERNET OF THINGS) OTHER TECHNOLOGY ARTIFICIAL INTELLIGENCE SOFTWARE NETWORKS INTERNET HARDWARE ELECTRONIC DESIGN AUTOMATION DATA MANAGEMENT TECHNOLOGY PROFESSIONAL SERVICES WEB3 HVAC SECURITY OTHER ENERGY NUCLEAR UTILITIES OTHER MANUFACTURING OIL/GAS APPS/APPLICATIONS TEXTILES NANOTECHNOLOGY COAL STEEL ALTERNATIVE ENERGY PACKAGING ENERGY ENGINEERING CHEMICALS/PLASTICS

SOURCE: Cognite

Copyright Business Wire 2023.

PUB: 06/22/2023 03:00 AM/DISC: 06/22/2023 03:01 AM

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