About us
Powersim Software is your cutting-edge forecasting partner
Powersim Software AS is a Norwegian company based in Bergen, recognized as a leader in forecasting and strategic simulation software. For more than two decades, we have helped organizations — particularly within the energy sector — transform complex data into confident decisions.
Our flagship solution, pForecast, is a state-of-the-art SaaS platform that brings exceptional forecasting power and flexibility to the Oil & Gas industry. Designed for both operators and non-operators, pForecast enables accurate and collaborative production forecasting across assets, teams, and organizations — no matter the size of your company.
Beyond pForecast, our legacy software Powersim Studio is trusted worldwide to tackle dynamic challenges across industries such as asset management, river water management, and gas network optimization. Studio also forms a vital foundation for our cloud-based solution, ensuring continuity, reliability, and proven modeling performance.
At Powersim Software, we combine deep domain expertise with innovative technology to empower better forecasting, planning, and decision-making. Our mission is to help clients gain clarity amid complexity — turning data into insight, and insight into action.
Powersim Software timeline
2022
pForecast is now delivered as Software as a Service (SaaS) solution
Powersim Software celebrates 20 years anniversary
2021 pForecast Cloud solution rolled out company-wide at Aker BP
2020 pForecast utilized for multiple offshore assets at Equinor for Bay de Nord in
Canada
2019 pForecast initiated Cloud solution with Aker BP
2018 pForecast solution was endorsed by Equinor into the open market
2017 Powersim Studio 10 was launched
2016 pForecast desktop solution rolled out company-wide at Equinor
2015 Powersim launched their webinar series
2014 Developing SKLM solution for Songa Offshore
2013 Powersim Studio 9 was launched
2012 Powersim Software signs framework agreement with Statoil
2011 Powersim Studio 8 was launched
2010 pForecast initiated with Equinor
2009 Delivering software and simulation models for Total in France
and Ministry of Environment in Norway
2008 Powersim Studio 7 was launched
2007 Delivering software and simulation model for Statoil in Norway
2006 Delivering software and simulation models for Planning Council in
Qatar, Ullevål Sykehus in Norway, Havforskningsinstituttet in
Norway and Novo Nordisk in Denmark
2005 Powersim Studio 2005 was launched
2004 Delivering software and simulation models for Statoil in Norway and
Eni in Italy with Accenture
2003 Delivering software and simulation models for BHP Billiton in South
Africa and Novo Nordisk in Denmark
2002 Powersim Software AS was established
Our high-performing team
Olav Svennevik
Manager Back-end Development
Jon Brunvoll
Manager Native Development
Steinar Moen
Senior Modelling Consultant
Asraful Karim
Front-end Developer
Hilde Martinussen
Marketing Manager
Stig Torvik
Sales assistant
Our partners
We are proud to collaborate with the following partners that support Powersim Software on either the technology or business side regarding both pForecast and Powersim Studio.
Cefalo
We are pleased to announce that Powersim Software since September 2023 has officially signed an agreement with Cefalo, a leading technology solutions software development provider.
This partnership will pave the way for exciting collaborations and enhanced software development opportunities, see news article.
Arribatec Cloud
Arribatec is delivering our company with Cloud services supporting the pForecast Software as a Service solution.
We recently signed the agreement with Arribatec Cloud, see news article.
Norwegian Energy Partners
Together with Norwegian Energy Partners, we can reach new markets and meet up with new partners to collaborate and create solutions within existing and emerging energy markets.
We recently signed the agreement with Norwep, see news article.
GCE Ocean Technology
We are a member of GCE Ocean Technology and look forward to being part of the large network of companies and organizations that operate within the ocean industries.
Last December, we became a member of GCE Ocean Technology, see news article.
Microsoft Silver Partner
We are proud of our long-lasting Silver Competency membership in the Microsoft Partner Network. Ever since 2005 Powersim Software AS has been an accredited Microsoft Partner.