Equinor and Cognite have formed a partnership to expand Equinor’s data capabilities and support the company’s digital ambitions.
“Leveraging Cognite and Microsoft technology and competence, working closely with our own teams, will help drive our ambition to take a leading role in the digital step-up happening in global commodity markets,” says Ann-Elisabeth Serck-Hanssen, SVP Marketing & Supply in Equinor.
“Liberation, integration, and contextualization of data will be a key accelerator and a critical differentiator in the markets of the future, and Equinor’s ambition is to become a leader in the way we manage and derive insights from data,” says Torbjørn Folgerø, SVP Enterprise Digital in Equinor.
Equinor may construct accessible data models and analytics using contextualized data, allowing staff to develop competitive insights and stress-test hypotheses on a continual basis.
“We are very proud to establish a partnership with Equinor, a world-leading energy company with a global portfolio of market operations,” says Dr. John Markus Lervik CEO and co-founder of Cognite.
He added, “Data liberation and DataOps in commercial operations will be a key differentiator for Equinor in the global energy markets, and a critical enabler for next-generation decision support, quality, resilience, and competitiveness. Partnering with Equinor to help support their digital ambitions is not only a great opportunity to demonstrate the power of contextualized data, but also to show the value of close cross-functional teamwork.”
A collaborative Equinor and Cognite team will build and explore tools and solutions to advance Equinor’s digital goals using Cognite’s industrial DataOps technology, Cognite Data Fusion, as a module in Equinor’s OMNIA data architecture, built on the Microsoft Azure cloud. These efforts involve creating data-driven insights throughout Equinor’s worldwide footprint and asset portfolio in Marketing & Supply and other business sectors.
Equinor’s goal is to create a cutting-edge analytical ecosystem with easy access to data and the development of new insights through improved digital capabilities. Equinor and Cognite will develop solutions to liberate and contextualize data in conjunction with Microsoft, giving them a competitive advantage in highly complex and dynamic global marketplaces. The partnership will focus on building a future-proof data architecture, new ways of working, and accelerating data extraction and contextualization.
