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
Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
,
shipping
Freight transport, also referred to as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been ...
, corporate enterprise and
media
Media may refer to:
Communication
* Means of communication, tools and channels used to deliver information or data
** Advertising media, various media, content, buying and placement for advertising
** Interactive media, media that is inter ...
industries. The
chief executive officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization.
CEOs find roles in variou ...
of StormGeo is Kim Hedegaard Sørensen.
History
Foundation
StormGeo started in 1997 as Storm Weather Center, a spin-off of
Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of ...
’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
Hydroelectricity, or hydroelectric power, is Electricity generation, electricity generated from hydropower (water power). Hydropower supplies 15% of the world's electricity, almost 4,210 TWh in 2023, which is more than all other Renewable energ ...
industry. In August 2018, StormGeo was selected as a participant in the
UN Global Compact
The United Nations Global Compact is a non-binding United Nations pact to get businesses and firms worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The UN Global Compact is the world's ...
, committing to ocean
sustainability
Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions (or pillars): env ...
as a contributor to the Action Platform for Sustainable Ocean Business.
StormGeo is headquartered in
Bergen
Bergen (, ) is a city and municipalities of Norway, municipality in Vestland county on the Western Norway, west coast of Norway. Bergen is the list of towns and cities in Norway, second-largest city in Norway after the capital Oslo.
By May 20 ...
,
Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of ...
, with 550 employees and 26 offices across the globe including in the US, the UK, the UAE, Norway, Sweden, Netherlands, Greece, Azerbaijan, Germany, Hong Kong, Oman, Brazil, Denmark, South Korea, China, Singapore, Taiwan, Japan, and Lithuania.
Acquisitions
In 2011, StormGeo expanded its operation into the
Middle East
The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq.
The term came into widespread usage by the United Kingdom and western Eur ...
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
Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara Valley ...
,
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
in 2014. AWT provides weather and route forecasting for the
shipping
Freight transport, also referred to as freight forwarding, is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been ...
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
A market analysis studies the attractiveness and the dynamics of a special market within a special industry. It is part of the industry analysis and thus in turn of the global environmental analysis. Through all of these analyses the strengths, ...
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.
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
From June 2021 StormGeo is fully owned by
Alfa Laval.
[{{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]
References
Companies based in Bergen
Companies established in 1997
Meteorological companies
Norwegian companies established in 1997
Privately held companies of Norway