Cognite, an industrial software firm backed by Saudi Aramco, has launched its AI services center in Bengaluru, India. The company revealed plans to invest millions of U.S. dollars in India and aims to increase its investment in the region over time. Chief Strategy Officer Hakon Bjerke emphasized that Cognite is committed to this growth strategy.

The firm has already secured partnerships with a significant industrial cement company and a large automotive manufacturer, although specific details about these contracts were not disclosed. Cognite specializes in software that enhances the operations and safety of industrial facilities, particularly in the oil and gas sector, and is controlled by Aker ASA, led by Norwegian billionaire Kjell Inge Roekke.

Cognite’s CEO Girish Rishi explained that the decision to establish operations in India was driven by the opportunity to find alternatives to China, as many global firms look to diversify their manufacturing bases. Companies like Apple, Tesla, and Jabil are also expanding in India, following Prime Minister Narendra Modi’s efforts to attract international businesses.

The ongoing surge in artificial intelligence is transforming operational methodologies across various industries. Manufacturing companies are increasingly utilizing AI technologies to streamline processes, improve product quality, and optimize supply chain management. Cognite, which recently moved its headquarters to the United States, serves notable clients, including AkerBP and Japanese refiner Cosmo Energy Holdings. Additionally, Saudi Aramco acquired a 7.4% stake in Cognite as of February 2022.