North5

Name

North5

Legal name

North5

Website

https://north5.no

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

North5 provides configurable workflow and process analytics software for large oil and gas operators, sold through direct enterprise sales to customers including ConocoPhillips and Equinor. The platform standardizes cross-departmental processes, improves data quality, and drives digital transformation.

Ownership category

akta.pro rank

Product category

Energy Industry Workflow & Analytics Software

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Compliance, GRC Workflow & Audit Automation Platforms (HDAEAHAL)

akta.pro secondary industry

Grid Data & Analytics Enablement (MDM, Data Integration, Hosting) (EUAEANAI)

Keywords

• Workflow automation software
• Oil and gas software
• Energy industry analytics
• Process optimization platform
• Digital transformation consulting

Headquarters

HQ city

Stavanger

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Software Solutions: Delivers innovative software solutions to the Energy Industry, likely through subscription or licensing models based on the enterprise software nature of the business.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

North5 develops and delivers an analytics and workflow software platform for the Energy Industry. The platform provides configurable workflows, process analytics dashboards, and data integration to help oil and gas operators standardize processes, improve cross-departmental collaboration, and enable real-time data-driven decision making across People, Process, and Performance dimensions.

Differentiator

Problem solved

Functional benefit

Products and services

• North5 Workflow and Analytics Platform

Quantifiable outcome

• Significant reduction in lead times and costs

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• ConocoPhillipscoreStrategic or Co-development PartnerPartnered with ConocoPhillips for digital transformation initiatives. The partnership involves delivering workflow solutions and analytics capabilities to optimize operations.
• EquinorcoreStrategic or Co-development PartnerStrategic partnership with Equinor for developing and delivering digital solutions. The collaboration focuses on optimizing workflows and processes for the energy sector.

Scale indicators1 record

Direct peers

• Cognite: Norwegian-headquartered industrial DataOps/analytics platform founded in Stavanger by ex-Equinor technologists, selling directly into the same O&G supermajor customer base that North5 serves. Most direct head-to-head competitor in operator workflow and analytics digitalization.
• C3.ai: Enterprise AI/analytics platform with an explicit Oil & Gas vertical selling workflow, process, and reliability AI applications to supermajor operators. Directly comparable in targeting IOC workflow and digital-twin use cases.
• EnergySys: Workflow and data-management software purpose-built for upstream oil and gas operators, addressing process standardization and operational data — a niche pure-play peer comparable to North5's vertical workflow focus.
• P2 Energy Solutions: Specialist software vendor focused exclusively on oil and gas operators, providing workflow, accounting, and analytics applications to upstream and midstream operators — directly comparable in vertical specialization and target buyer.

Broad incumbents

• IFS: Enterprise software suite (ERP/EAM/workflow) widely deployed in asset-heavy industries including oil and gas. Comparable as a broader incumbent with workflow and process-automation products targeting the same operator digitalization spend.
• Hexagon PPM (formerly Intergraph): Engineering, operations, and asset-lifecycle software suite serving O&G operators with process, workflow, and digital-twin capabilities. Comparable as a broader-portfolio incumbent competing for the same operator workflow modernization wallet.
• Aveva: Global industrial-software incumbent (formerly Schneider Electric software) with deep O&G operator footprint across engineering, operations, and digital workflow suites. Competes for the same digital-transformation and workflow-automation budget at ConocoPhillips, Equinor, and IOC peers.
• Bentley Systems: Infrastructure engineering software platform with strong O&G operator accounts, offering digital-twin and project-workflow solutions. Comparable as a larger incumbent with overlapping workflow and asset-performance offerings to the same IOC customers.

Market position

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about North5