{"url":"https://newsforagent.com/news/2026-10-27/cognite-marathon-petroleum-supplier-of-the-year","markdown_url":"https://newsforagent.com/news/2026-10-27/cognite-marathon-petroleum-supplier-of-the-year.md","title":"Cognite Wins Marathon Petroleum Supplier of the Year","headline":"Cognite Named Corporate Supplier of the Year at Marathon Petroleum's 11th Annual Awards","description":"Cognite was named Corporate Supplier of the Year at Marathon Petroleum's 11th Annual Supplier Recognition Awards, adding to its 2026 industry honors.","section":"Business","published_at":"2026-10-27T06:11:36+00:00","modified_at":"2026-10-27T06:11:36+00:00","author":"News Desk","key_takeaways":["Cognite was named Corporate Supplier of the Year at Marathon Petroleum's 11th Annual Supplier Recognition Awards.","Cognite ranked 15th on CNBC's Disruptor 50 list in May 2026.","Cognite exceeded $170 million in annual revenue for fiscal year 2025, with ARR bookings growing 36% year over year."],"companies":[{"name":"Cognite","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00002am/cognite","website":"https://www.cognite.com"}],"source":{"publisher":"Machine Maker","title":"Cognite Named Corporate Supplier of the Year by Marathon Petroleum","url":"https://themachinemaker.com/news/cognite-named-corporate-supplier-of-the-year-by-marathon-petroleum/"},"other_sources":[],"tags":["Business","Cognite"],"body_markdown":"[Cognite](https://akta.pro/company-profiles/00002am/cognite) has been named Corporate Supplier of the Year at Marathon Petroleum Corporation's 11th Annual Supplier Recognition Awards, an honor recognizing suppliers that contributed to the energy company's business during the previous calendar year. [Machine Maker](https://themachinemaker.com/news/cognite-named-corporate-supplier-of-the-year-by-marathon-petroleum/) reported the award on October 27, 2026.\n\n## Cognite's Award and Marathon Petroleum's Supplier Program\n\nGirish Rishi, Chief Executive Officer of Cognite, said the award reflected the company's focus on delivering measurable value to customers. He described Marathon Petroleum as an innovator and said the recognition was meaningful to Cognite and its employees.\n\nThe award adds to several recognitions Cognite has received in 2026. In May, the company ranked 15th on CNBC's Disruptor 50 list, which highlights venture-backed businesses developing and scaling innovations across industries, including artificial intelligence. In April, LNS Research named Cognite a FrontRunner in its Solution Selection Matrix for Industrial AI Platforms. In March, IDC Research positioned the company as a Leader in its MarketScape assessment of worldwide industrial DataOps platforms.\n\nMarathon Petroleum Corporation is an integrated downstream and midstream energy company headquartered in Findlay, Ohio. It operates the largest refining system in the United States and has a marketing network that includes branded retail outlets across the country. Marathon Petroleum also holds the general partner and majority limited partner interest in MPLX LP, which owns and operates gathering, processing and fractionation assets, along with crude oil and light product transportation and logistics infrastructure.\n\n## Cognite's Scale and Funding Records\n\nCognite builds an industrial AI and data platform that contextualizes IT, OT and engineering data into an industrial knowledge graph for asset-heavy operators, according to akta.pro [company records](https://akta.pro/company-data). The Norway-founded company exceeded $170 million in annual revenue for fiscal year 2025, with annual recurring revenue bookings growing 36% year over year. Cognite has four funding rounds on record, including a $113 million secondary market round led by Saudi Aramco in February 2022 and a $150 million Series B led by TCV in May 2021.\n\n## Earlier Cognite Partnerships and Recognition\n\nCognite's 2026 honors also include a CNBC Disruptor50 ranking and IDC Leader status, [Business Wire Blog](https://akta.pro/news-signals) reported on October 21, 2026. L&T Technology Services partnered with Cognite on September 24, 2026, to integrate industrial AI into engineering services for sectors like oil and gas, chemicals, and mining, ScanX reported. In August 2026, Cognite opened its Bangalore office with 35 employees, planning to grow to over 150 by end of 2025, Deccan Herald reported.\n\n## What Comes Next for Cognite\n\nSchneider Electric agreed to acquire Cognite in an all-cash deal valued at $3.1 billion on June 30, 2026, Azbigmedia reported. Cognite, founded in 2017, reported over $170 million in annual revenue in 2025, with 36% growth in ARR bookings.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}