founder says at Davos

Aker ASA

17/01/2024 10:25

DAVOS, Switzerland, Jan 17 (Reuters) - Norwegian
industrial software firm Cognite expects to become cash-flow
positive in 2024 and could list its shares in New York in the
coming years, possibly as early as 2025, its co-founder and
executive John Markus Lervik told Reuters on Wednesday.
    The company sells software that helps aggregate and analyse
vast volumes of industrial data, such as machine sensors, to
increase efficiency and safety.
    Last year, it launched its own generative artificial
intelligence (AI) tool to improve productivity.

    (Join the Reuters Global Markets Forum (GMF), a chat room
hosted on LSEG Messenger, for live interviews: https://lseg.group/3TN7SHH)

 (Reporting by Divya Chowdhury in Davos and Savio Shetty in
Mumbai, writing by Nerijus Adomaitis, editing by Terje Solsvik)
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters
Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))