Norwegian energy software company FutureOn has announced a strategic partnership with compatriot company Kongsberg Digital (KDI), the digital division of the Kongsberg Group.
The partnership will bring together FutureOn’s FieldTwin and KDI’s Kognitwin platforms, supporting a comprehensive approach for designing, building and operating digital twins for energy projects.
Central to the partnership will be a focus on energy transition through the development of digital twins for renewable projects.
This will include emerging sectors, such as offshore wind, green hydrogen and carbon capture solutions.
To support the partnership KDI will invest a total of $4.5m in a single tranche investment, and join Bentley Systems as a strategic minority investor with a place on the FutureOn board.
FutureOn chief executive Pal Roppen (pictured, left) said: “This new strategic partnership and investment from Kongsberg Digital enables us to continue providing streamlined and effective operations for our valued customers.
“We are excited to bring together the powerful capabilities of KDI’s Kognitwin alongside our already strong partnership with Bentley Systems and its iTwin platform.
“This positions our award-winning FieldTwin solution as one of the leading integrated digital twin solutions in the global energy industry.”
Kongsberg Digital president Hege Skryseth (pictured, centre) said: “We are very excited to contribute with our Kognitwin platform and invest in this forward-looking project together with Bentley Systems.
“By integrating our solutions with FutureOn’s FieldTwin platform, we will support energy innovation at the core and function as a digital accelerator of the energy industry’s shift towards net zero.”