Prediktor AS appoints Jørgen Kaufmann as CCO

PRESS RELEASE: Prediktor AS appoints Jørgen Kaufmann as CCO

We are pleased to announce that Jørgen Kaufmann will join Prediktor AS in the newly-created role of Chief Commercial Officer, from 1 June 2020.

Prediktor is a Norwegian headquartered leader of advanced IT products, solutions and services in the industrial Asset Performance Management (APM) arena, a market which is predicted to grow by 3.4 billion US Dollars in the next five years to USD 6.7 billion by 2025.

“The creation of such a significant new role in our company was a collaboration between our most senior leadership, our Chairman and Investors. The driving force of the Chief Commercial Officer will be to facilitate the next phase of our plan to upscale our global business,” Espen Krogh, CEO of Prediktor, said.

Mr. Kaufmann’s appointment signals the launch of Prediktor’s transformative plans for growth within Norway and internationally to support customers in a changing digital environment. Heavy industries such as solar, maritime and oil and gas are speeding up their digitization to meet a range of challenges, including an aging workforce, the need for smarter, greener energy and the immediate and future needs of remote working and asset control.

Prediktor secured funding for a global scale-up from Idekapital Fund 1 and MP Pensjon, which invested (NOK 19M and 6M respectively) in the company in August 2019, the first instalment of several in a substantial investment agreement. At the time of investment the company’s leadership, with the support of its new investors, signalled an aggressive growth strategy, beginning with a strengthening the company’s capabilities and market model.

“In Jørgen we have found industry experience of exceptional calibre” said Espen Krogh. “We are delighted to have him on board at this moment of change for our customers and opportunity for our company. The Board and I are very confident in Jørgen’s ability to drive our growth in this ambitious next chapter”.

Commenting on his appointment, Mr. Kaufmann said:

“Prediktor marries industry experience, global footprint and investment support of an established multinational company with a start-up’s hunger for innovation, transformation and positive impact. I am delighted to join this exceptional team at such a pivotal point in the company’s development and at a time of great need and opportunity for technological advancement. It is our role to provide those solutions – enabling our customers to adjust with speed and agility. I look forward to contributing to this exciting new chapter in the company’s growth.”

Mr. Kaufmann joins Prediktor from AVEVA, Britain’s largest industrial technology company. In addition to creating AVEVA’s digital sales function, Kaufmann has built teams for selling to larger customers at HP, remodelled the go-to-market sales strategy at IHS Markit and created channel partner sales teams at IBM, transforming large sales teams throughout his career. Kaufmann began his career as an entrepreneur, founding his own company. He returns now to high growth tech to help Prediktor scale at speed.

 

About Prediktor

Prediktor AS is a leading provider of advanced industrial IT products, solutions and services. Based in Norway, Prediktor utilises innovative technology, smart thinking and industrial insights to provide high performance solutions to a wide range of customers around the world across industries such as solar, maritime, oil and gas, and food and feed. Prediktor’s offerings include real-time, model-based solutions that transform large volumes of data into information for immediate decision support and closed loop control. Prediktor’s solutions have extensive support for OPC UA, the enabler of Industry 4.0.