Crayon Group Holding — Capital/Financing Update 2022

Mar 15, 2022

Crayon signs significant multicloud agreement with Cognite

Crayon signs significant multicloud agreement with Cognite

(OSLO, Norway) — Crayon, a global leader in IT services and innovation, has signed a multi-year software and cloud agreement with Cognite, a global leader in industrial software innovation.

The two-year agreement makes Crayon one of the largest Google partners in the Nordics and is centered around Crayon’s direct licensing expertise and software & cloud advisory services.

“This win illustrates our customer-centric commitment to finding the best solutions for our customers’ business, regardless of the platform,” said Crayon CEO Melissa Mulholland. “Our multicloud capabilities and services deliver value to our customers through driving innovation and generating cost savings. We are fortunate to be able to work with Cognite to optimize their growing cloud consumption.”

Cognite liberates siloed data and creates contextualized, actionable data to create value at scale through their Industrial DataOps platform Cognite Data Fusion.

Under the new contract, Cognite will move its Google Cloud Platform (GCP) spend to Crayon. In addition, Crayon will deliver cloud economics across GCP as well as Microsoft Azure to help optimize Cognite’s cloud spend.

“Crayon has a reputation for being a leader in optimizing cloud spend and with their strong multi-vendor capabilities they provide great value when negotiating attractive software contracts,” said Asbjørn Wetlesen, VP of Strategic IT and Sourcing, at Cognite. “We’re looking forward to improving our cloud spend, which supports our mission to drive digitalization in the industrial world.

Investor contact:

Magnus Granerød

IR Manager

ir@crayon.com

+47 922 38 407

Media contact:

Melanie Coffee

PR and Media Relations Director

Melanie.Coffee@crayon.com

+47 46 74 86 48

About Crayon

Crayon is a customer-centric innovation and IT services company with over 3,300 employees across nearly 40 countries. We provide the best solutions for our clients’ business needs and budgets in software, cloud, AI, and big data. For more information, visit www.crayon.com.

About Cognite

Cognite is a global industrial SaaS company that was established with one clear vision: to rapidly empower industrial companies with contextualized, trustworthy, and accessible data to help drive the full-scale digital transformation of asset-heavy industries around the world. Our core Industrial DataOps platform, Cognite Data Fusion™, enables industrial data and domain users to collaborate quickly and safely to develop, operationalize, and scale industrial AI solutions and applications to deliver both profitability and sustainability. Visit at www.cognite.com.