| Industry | Meteorology |
|---|---|
| Founded | 1 April 1997 |
| Headquarters | Bergen, Norway |
Key people | Kim Hedegaard Sørensen (CEO), Carsten Mortensen (Chairman of the Board) |
Number of employees | 550 (2019) |
| Website | www.stormgeo.com |
Established in 1997 as Storm Weather Center AS, StormGeo AS has transformed from its modest roots in Bergen into a global leader in weather intelligence and sophisticated data science. Today, it stands as one of the world's preeminent private weather service providers, offering specialised meteorological services to diverse sectors including offshore industries, renewable energy, shipping, corporate enterprises, and media.
Under the leadership of its CEO, Kim Hedegaard Sørensen, StormGeo boasts a rich legacy spanning over two and a half decades. This duration has allowed the company to cultivate an intricate understanding of the unique challenges and nuances faced by its diverse clientele. As a result, StormGeo is positioned to offer finely calibrated solutions that cater to specific business needs.
StormGeo's operations interestingly intersect with two pressing global narratives: the evolving discourse on climate change and the burgeoning potential of digital transformation. The company's platform adeptly integrates specialized industry knowledge with advanced data analytics, providing clients the tools to navigate weather-sensitive operational decisions.
Reflecting its commitment to consistent and reliable service, StormGeo operates seven forecast centers across the globe, offering round-the-clock support. Its adherence to quality and standards is further affirmed by its ISO 9001:2015 certification. Core values such as integrity, innovation, and commitment underpin the company's operations.
Behind StormGeo's endeavors is a robust team of over 500 professionals, working diligently to serve its global clientele. Presently, the company operates as a subsidiary of Alfa Laval, continuing its trajectory as a trusted name in the domain of weather intelligence.
History
Foundation
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 27 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. Its seven global weather support centers operate every time across the globe.
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, 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.
In 2018, StormGeo acquired Nautisk, a global supplier of maritime charts and publications to the merchant marine. This acquisition made StormGeo the first company to integrate routing and weather services with charts and publications solutions.
In February 2019, StormGeo acquired 51% of Grupo Climatempo, the leading company in meteorological services in Brazil. This addition positioned StormGeo to expand further into Brazil, as well as across all of Latin America.
Shareholders
From June 2021 StormGeo is fully owned by Alfa Laval.[1]
References
- ↑ "Alfa Laval has completed the acquisition of StormGeo". www.alfalaval.com. Retrieved 2022-05-12.