StormGeo: Difference between revisions
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'''StormGeo''' is one of the largest global providers of decision support for weather sensitive operations. Through the provision of tailored [[weather forecasting]] services StormGeo helps companies to manage risk, control costs, plan better and increase revenue. Key industries served are [[offshore oil and gas]] , [[shipping]] , [[renewable energy]] , corporate onshore business, [[media (communication)|media]] and [[aviation]] industries. The company has received several awards for its achievements.<br /> |
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| foundation = 1 April 1997 |
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'''StormGeo AS''' (formerly '''Storm Weather Center AS''') was founded in 1997 and is a leading technology provider enabling weather-sensitive companies to navigate operational challenges in dynamic environments and volatile markets providers worldwide. It provides services, particularly to the [[oil industry|offshore]], [[renewable energy]], [[Ship transport|shipping]], corporate enterprise and [[media industry|media]] industries. The [[chief executive officer]] of StormGeo is Kim Hedegaard Sørensen. |
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StormGeo is headquartered in [[Bergen]] , [[Norway]], with 24 offices worldwide and 350 employees. Its seven global weather support centers operate 24/7/365.<br /> |
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==History== |
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StormGeo’s Chief Executive Officer is Kent Zehetner. |
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| ⚫ | StormGeo started in 1997 as Storm Weather Center, a spin-off of [[Norway]]’s largest commercial broadcaster, [[TV2 Norway|TV2]]. Meteorologist Siri Kalvig saw an opportunity to offer customized weather services to other industries, and it began a venture in collaboration with TV2. In 1998, StormGeo created their first weather service for the growing [[hydroelectric power]] industry. In August 2018, StormGeo was selected as a participant in the [[United Nations Global Compact|UN Global Compact]], committing to ocean [[sustainability]] as a contributor to the Action Platform for Sustainable Ocean Business. |
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StormGeo is headquartered in [[Bergen]], [[Norway]], with 26 offices that are present across the globe including US, UK, UAE, Norway, Sweden, Netherlands, Greece, Azerbaijan, Germany, Hong Kong, Oman, Brazil, Denmark, South Korea, China, Singapore, Taiwan, Japan and Lithuania and 550 employees. |
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The company has been [[ISO 9001]]:2008 certified since 2007. <br /> |
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'''''History'''''<br /> |
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| ⚫ | In 2011, StormGeo expanded its operation into the [[Middle East]] with the acquisition of the Dubai-based weather forecasting company Met Consultancy FZ LLC, which is the largest commercial weather technology company in the Middle East and was founded in 2004 by Daniel Mathew. In 2012, the Houston-based ImpactWeather Inc. became a part of StormGeo. |
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| ⚫ | StormGeo started in 1997 as Storm Weather Center, a |
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In 1998, StormGeo created their first weather service for the growing [[hydroelectric power]] industry. They also reached into a broader [[oil and gas energy]] market, which relies heavily on accurate [[weather]] and [[Metocean|met-ocean]] forecasts to ensure safe operations. In the years that followed, StormGeo has continuously expanded its vision of weather communications to include new markets that benefit from their services. |
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In 2016, StormGeo acquired Nena Analysis, an analysis house that delivers energy market insights, such as price prognoses and [[market analysis]] to major utilities and trading entities. This acquisition allowed these analyses to include weather data as a fundamental input component.{{cn|date=March 2024}} |
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The acquisition of three companies has contributed to define what StormGeo is today. |
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In 2018, StormGeo acquired Nautisk, a global supplier of maritime charts and publications to the merchant marine.{{cn|date=March 2024}} |
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In February 2019, StormGeo acquired 51% of [[Climatempo|Grupo Climatempo]], the leading company in meteorological services in Brazil. StormGeo then acquired the remaining 49% of Climatempo in March 2024. |
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The following year the Houston-based ImpactWeather Inc. became a part of StormGeo. ImpactWeather was a leading provider of weather monitoring, forecasting and alerting for offshore and onshore corporate businesses in the US. |
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'''Research & Development'''<br /> |
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StormGeo has since its inception invested heavily in [[R&D]] with the goal of providing the most accurate [[weather forecasts]] and decision support solutions. StormGeo utilizes the full model suites of the most accurate medium and long-range global [[numerical weather prediction]] models, including the [[European Centre for Medium-Range Weather Forecasts]] (ECMWF) and [[Global Forecast System]] (GFS), as well as high-resolution short-range models such as the High Resolution [[Rapid Refresh]] model.<br /> |
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From June 2021 StormGeo is fully owned by [[Alfa Laval]].<ref>{{Cite web |title=Alfa Laval has completed the acquisition of StormGeo |url=https://www.alfalaval.com/media/news/investors/2021/alfa-laval-has-completed-the-acquisition-of-stormgeo/ |access-date=2022-05-12 |website=www.alfalaval.com |language=en}}</ref> |
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The majority shareholders of StormGeo are EQT and [[DNV GL]], holding 56.2 % and 26.4% of the shares respectively. |
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==References== |
==References== |
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<references /> |
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*[http://www.stormgeo.com www.stormgeo.com] |
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==External links== |
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*[http://www.stormgeo.com Official site StormGeo] |
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*[http://www.awtworldwide.com/ Official site Applied Weather Technology] |
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[[Category:Meteorological companies]] |
[[Category:Meteorological companies]] |
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[[Category:Privately held companies of Norway]] |
[[Category:Privately held companies of Norway]] |
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[[Category:Companies established in 1997]] |
[[Category:Companies established in 1997]] |
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[[Category:Norwegian companies established in 1997]] |
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Latest revision as of 21:22, 5 July 2024
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| Industrie | Meteorology |
|---|---|
| Gegründet | 1 April 1997 |
| Hauptsitz | Bergen, Norway |
Key people | Kim Hedegaard Sørensen (CEO), Carsten Mortensen (Chairman of the Board) |
Number of employees | 550 (2019) |
| Website | www.stormgeo.com |
StormGeo AS (formerly Storm Weather Center AS) was founded in 1997 and is a leading technology provider enabling weather-sensitive companies to navigate operational challenges in dynamic environments and volatile markets providers worldwide. It provides services, particularly to the offshore, renewable energy, shipping, corporate enterprise and media industries. The chief executive officer of StormGeo is Kim Hedegaard Sørensen.
History
[edit]Foundation
[edit]StormGeo started in 1997 as Storm Weather Center, a spin-off of Norway’s largest commercial broadcaster, TV2. Meteorologist Siri Kalvig saw an opportunity to offer customized weather services to other industries, and it began a venture in collaboration with TV2. In 1998, StormGeo created their first weather service for the growing hydroelectric power industry. In August 2018, StormGeo was selected as a participant in the UN Global Compact, committing to ocean sustainability as a contributor to the Action Platform for Sustainable Ocean Business.
StormGeo is headquartered in Bergen, Norway, with 26 offices that are present across the globe including US, UK, UAE, Norway, Sweden, Netherlands, Greece, Azerbaijan, Germany, Hong Kong, Oman, Brazil, Denmark, South Korea, China, Singapore, Taiwan, Japan and Lithuania and 550 employees.
Acquisitions
[edit]In 2011, StormGeo expanded its operation into the Middle East with the acquisition of the Dubai-based weather forecasting company Met Consultancy FZ LLC, which is the largest commercial weather technology company in the Middle East and was founded in 2004 by Daniel Mathew. In 2012, the Houston-based ImpactWeather Inc. became a part of StormGeo.
StormGeo acquired Applied Weather Technology, Inc. headquartered in Silicon Valley, California in 2014. AWT provides weather and route forecasting for the shipping industry with offices in North America, Europe and Asia.
In 2016, StormGeo acquired Nena Analysis, an analysis house that delivers energy market insights, such as price prognoses and market analysis to major utilities and trading entities. This acquisition allowed these analyses to include weather data as a fundamental input component.[citation needed]
In 2018, StormGeo acquired Nautisk, a global supplier of maritime charts and publications to the merchant marine.[citation needed]
In February 2019, StormGeo acquired 51% of Grupo Climatempo, the leading company in meteorological services in Brazil. StormGeo then acquired the remaining 49% of Climatempo in March 2024.
Shareholders
[edit]From June 2021 StormGeo is fully owned by Alfa Laval.[1]
References
[edit]- ^ "Alfa Laval has completed the acquisition of StormGeo". www.alfalaval.com. Retrieved 2022-05-12.