A first for longtime Bentley Systems
A non-family member installed as new CEO.
Bentley redefines the meaning of ‘family business’
Part I: Building a family legacy in the CAD industry.
Bentley acquires EasyPower
Infrastructure CAD leader strengthens its position in power systems design.
Bentley Infrastructure Cloud lets companies become data-centric
Solutions bolstered by its iTwin Platform provide users with a single view of all the data tied to a project from start to end of life.
Bentley and Seequent expand subsurface geomodelling portfolio
Last March, Bentley Systems acquired Seequent in a billion-dollar deal that certainly impressed us. At the time Bentley, Seequent, and its partners in the deal Accel-KKR said the deal would be accretive. And it clearly was Bentley’s new subsidiary, Seequent, which operates in Christchurch, New Zealand quickly acquired Danish geospatial imaging company Aarhus Geosoft and most recently has announced plans … Read more
Autodesk announces Q1 for FY 2022
Autodesk has been concentrating on bringing its user base into compliance and building new business via the transition to digitalization. The company’s revenues increased 12% year-over-year to $989 million. CEO Andrew Anagnost credited the company’s “resilient subscription business model.” Autodesk CEO Andrew Anagnost says the company’s efforts to convert noncompliant users into paying customers resulted in Q1 license compliance billings … Read more
Bentley Systems’ announces first quarter revenues
Bentley Systems announced its revenue for its first quarter of 2021 which ended on March 31. In his opening remarks during his call to investors, CEO Greg Bentley warned them not to make generalizations about Bentley’s seasonality with such a small amount of data, especially when some of that data has been affected by very unusual circumstances. As Bentley’s competitors … Read more
Bentley Systems registers drop in EPC during pandemic
The company performance was just about right on the nose as far as the company’s expectations and those of their investors; but, it’s easy to get the impression that as 2020 was unfolding over Bentley execs were a touch nervous. Greg Bentley says that 2020 was not a normal year. The transcript of Greg Bentley’s comments are here, and, if … Read more
Bentley Systems issues financial results for 3Q 20
Indisputably, 2020 was a big year for Bentley Systems and the third quarter a major milestone, as the company provided its financial results as a public company. The company is a big data company through and through, even before it knew it was a big data company. Visualizing and understanding trends and technology flows through the company’s DNA. It’s great … Read more
Bentley Systems YII: It all comes together in digital twins
Bentley Systems is primarily a company that enables large projects with tools for design and data management. It has got a lot going on and by definition, its projects involve multiple companies, regulatory bodies, and government entities. The company has used its annual Year in Infrastructure (YII) conference to consolidates its news and messaging, which can result in an unwieldy … Read more
Bentley Systems acquires NoteVault
The construction industry has emerged as a major opportunity within the AEC segment of design and engineering tools. There has been a pent up demand for new construction for affordable housing, new commercial projects, and above all infrastructure. The CAD companies serving the segment have been building just as enthusiastically enabling better communications between the home office and the trailer … Read more
Orbit Geospatial Technologies and Citylabs: Bentley’s acquisitions for reality capture
Citilab’s CUBE simulation software provides predictive transportation technology, helping engineers and planners to design and optimize safe, efficient, effective, and environmentally sustainable mobility systems. Bentley's Year in Infrastructure (YII) is primarily a celebration and demonstration of the work the company’s customers are doing. Refreshingly, the company is able to demonstrate its tools at work in real-world applications and the … Read more