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Eldor Technology taps into Danish AI competences

The Norwegian software company Eldor Technology has decided to expand their operations to Denmark. The aim is to test and build new business solutions based on a model developed by Danish researchers.

For the past 3 years, Eldor Technology has been a part of a large research project with the Danish Hydrocarbon Research and Technology Centre (DHRTC) at the Technical University of Denmark (DTU) and Danish Underground Consortium (DUC), with Total as the operating partner.

The goal of the partnership has been to develop a real-time decision support solution that minimise human error in the operation of the constantly increasing volume of water processed on platforms in the Danish part of the North Sea.

The project has been so successful that Eldor Technology has decided to open a new subsidiary for R&D activities in Denmark. The Danish subsidiary will be located at the Science Park related to DTU.

"It’s been really exiting to work together with researchers from the universities related to DHRTC and we hope to strengthen the collaboration even further with this strategic investment," says Bjarne André Asheim, CEO, Eldor Technology AS.

Invest in Denmark welcomes Eldor Technology to Denmark. Their choice of Denmark as a centre for R&D activities supports the attractiveness of the Danish business environment as a hub for the development of complex AI solutions.

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This is a good example of how companies can benefit from entering R&D collaborations with Danish research institutions and hereby harnessing the great potentials that emerging technologies bring. Denmark has the vision to be among the leading AI nations by 2025, and investments like these from Eldor Technology strengthen the Danish ecosystem for AI and enhances Denmark’s position as a digital frontrunner even further.

Kristine Helen Falgren, Tech Special Advisor Invest in Denmark

ABOUT ELDOR technology

Eldor Technology AS is a part of the Eldor Corporation, a group of companies that operate mainly in the oil and gas market. They use their experience from the industry to deliver control and safety systems for offshore and onshore operations, alarm management services, telecommunications and industrial IT, along with technology development.

Eldor has operations in Norway, UK and now Denmark.

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