(2) Cognite has been awarded three contracts by Statnett, the system operator of the Norwegian power system, to develop and deliver a data contextualization platform and digital solutions within the areas of Power System Analysis and Smart Asset Management. By selecting Cognite, Statnett gains access to scalable, cloud-based technology that will help the grid operator achieve its ambitious digitalization goals. The energy transition depends in part on a robust power grid that can integrate new sources of renewable energy and handle the growing electrification of society. Liberated, contextualized data will help power that transition. "This partnership strengthens our ambition to become more data-driven in our decision-making processes. We're developing digital solutions and making them available to our core business, which will help us boost our efficiency, improve our customer response time, and reduce costs," said Beate Sander Krogstad, Executive Vice President for IT at Statnett.