Post by Cognite
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Today, Schneider Electric announced an agreement to acquire Cognite to unlock a new level of strategic intelligence for #IndustrialAI. Olivier Blum, Schneider Electric CEO, commented: “Cognite has built something rare, a truly industrial grade AI platform that turns the complexity of operational data into a competitive advantage. Cognite is beyond excited to enter a new chapter to help industrial companies reach their next level of productivity and performance with #ai. The transaction remains subject to customary closing conditions, including the receipt of required regulatory approvals. Read the full press release here: https://okt.to/iR2noM