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{{short description|Company}}
{{distinguish|Geo storm (disambiguation){{!}}Geo-storm}}
{{distinguish|Geo storm (disambiguation){{!}}Geo-storm}}
{{Multiple issues|
{{Multiple issues|
{{advert|date=April 2017}}
{{advert|date=April 2017}}
{{unreferenced|date=June 2010}}
{{more citations needed|date=May 2022}}
}}
}}


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| num_employees = 550 (2019)
| num_employees = 550 (2019)
| industry = [[Meteorology]]
| industry = [[Meteorology]]
| key_people = Henrik Dahl (Interim CEO), Carsten Mortensen (Chairman of the Board)
| key_people = Kim Hedegaard Sørensen ([[CEO]]), Carsten Mortensen ([[Chairman of the Board]])
| homepage = [http://www.stormgeo.com]
| homepage = [http://www.stormgeo.com www.stormgeo.com]
}}
}}


'''StormGeo AS''' (formerly '''Storm Weather Center AS''') was founded in 1997 and is one of the largest privately held weather service providers worldwide. It provides [[meteorological]] services, particularly to the [[oil industry|offshore]], [[renewable energy]], [[Ship transport|shipping]], corporate enterprise and [[media industry|media]] industries.
'''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.


==History==
StormGeo is headquartered in [[Bergen]], [[Norway]], with 27 offices worldwide and 550 employees. Its seven global weather support centers operate 24/7/365.
⚫
===Foundation===
⚫
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.


⚫
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.
StormGeo’s Chief Executive Officer is Per-Olof Schroeder.


⚫
===Acquisitions===
'''''History'''''<br />
⚫
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.
⚫
'''Foundation'''<br />
⚫
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 she began a venture in collaboration with TV2.


⚫
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 1998, StormGeo created their first weather service for the growing [[hydroelectric power]] industry. They also reached into a broader [[oil and gas energy]] market.


⚫
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}}
⚫
StormGeo has offices in the US, UK, UAE, Norway, Sweden, Netherlands, Greece, Azerbaijan, Germany, Hong Kong, Oman, Brazil, Denmark, South Korea, China, Singapore, Taiwan, Japan and Lithuania.


⚫
In 2018, StormGeo acquired Nautisk, a global supplier of maritime charts and publications to the merchant marine.{{cn|date=March 2024}}
In 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.<br />


⚫
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.
⚫
'''Acquisitions'''


⚫
In 2011, StormGeo expanded its operation into the Middle East with the acquisition of the Dubai-based weather forecasting company Met Consultancy FZ LLC. Met Consultancy was the largest commercial weather technology company in the Middle East and was founded in 2004 by Daniel Mathew.


⚫
==Shareholders==
The following year in 2012, 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.
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>

⚫
In 2014, StormGeo acquired Applied Weather Technology, Inc. headquartered in [[Silicon Valley]], [[California]]. AWT is a provider and 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.

⚫
In 2018, StormGeo acquired Nautisk, a global supplier of maritime charts and publications to the merchant marine. The acquisition made StormGeo the first to integrate routing and weather services with charts and publications solutions.

⚫
In February 2019, StormGeo acquired 51% of [[Climatempo|Grupo Climatempo]], the leader in meteorological services in Brazil. This addition positioned StormGeo to expand further into Brazil, as well as across all of Latin America.

⚫
'''Shareholders'''<br />
The majority shareholders of StormGeo are EQT and [[DNV GL]], holding 56.2% and 26.4% of the shares respectively.


==References==
==References==
<references />
*[http://www.stormgeo.com www.stormgeo.com]


[[Category:Meteorological companies]]
[[Category:Meteorological companies]]
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[[Category:Privately held companies of Norway]]
[[Category:Privately held companies of Norway]]
[[Category:Companies established in 1997]]
[[Category:Companies established in 1997]]
[[Category:1997 establishments in Norway]]
[[Category:Norwegian companies established in 1997]]

Latest revision as of 21:22, 5 July 2024

Not to be confused with Geo-storm.
StormGeo
IndustrieMeteorology
Gegründet1 April 1997
HauptsitzBergen, Norway
Key people
Kim Hedegaard Sørensen (CEO), Carsten Mortensen (Chairman of the Board)
Number of employees
550 (2019)
Websitewww.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]
  1. ^ "Alfa Laval has completed the acquisition of StormGeo". www.alfalaval.com. Retrieved 2022-05-12.
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