After going public in September, Bentley Systems is making progress on gaining a public company experience. Bentley has appointed three new executives from leading public technology companies for the denoting operating positions at the company. Nicholas Cumins (Chief Product Officer) has succeeded Bhupinder Singh. He reports to Greg Bentley, CEO. Katriona Lord-Levins (Chief … [Read more...] about Bentley Systems appoints three executives with public company experience
Bentley Systems
Bentley Systems launches its IPO…finally
The company records a strong debut; the shares rose 52% on their first day of trading. After flirting with the idea of going public for years, Bentley finally has gone public. The company announced the pricing of the initial public offering of 10.75 million shares of its Class B common stock at a price of $22 per share to the public on September 22, 2020. Bentley … [Read more...] about Bentley Systems launches its IPO…finally
Bentley Systems announces new series on iTwins for executives
Bentley Systems started talking about digital twins in earnest last year at its Year in Infrastructure Conference. The term has been used more for design and manufacture processes but it obviously has wide applications. 2019 is the year, the term has gained wide acceptance to describe the use of digital models to describe and live with real-world products and buildings. As a … [Read more...] about Bentley Systems announces new series on iTwins for executives
Bentley Systems acquires NoteVault
Adds voice-based field automation to construction workflows. 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 … [Read more...] about Bentley Systems acquires NoteVault
Bentley Systems has submitted a registration statement to the SEC for public listing of Class B Common Stock
We have no idea where to start with this. Bentley Systems has sent out a press release stating that it has confidentially submitted a draft registration form S-1 with the Securities and Exchange Commission relating to its proposed public listing of its Class B common stock. As many of you Bentley watchers know, the company has been flirting with the idea of going public for … [Read more...] about Bentley Systems has submitted a registration statement to the SEC for public listing of Class B Common Stock
The stage is set for continued CAD industry growth
CAD market shipments increased 9% sequentially from 2018 to 2019. The CAD market is growing and stronger than ever, thanks to the engine of digitalization, which affects every aspect of design and engineering and every discipline. The market is anticipated to grow with a healthy growth rate of more than 2.4% over the forecast period 2018–2022. The computer-aided design … [Read more...] about The stage is set for continued CAD industry growth
Bentley Systems announces new digital twin cloud services
iTwin Cloud Services help engineering firms visualize their digital twins in 4D. Nominations citing digital twin objectives for YII awards are increasing significantly. At The Year in Infrastructure 2019 Conference in Singapore this week, Bentley Systems announced new cloud services for infrastructure engineering digital twins. In the technology keynote at the conference, … [Read more...] about Bentley Systems announces new digital twin cloud services
Graphisoft has a new CEO
Huw Roberts, former Bentley Systems VP, takes over in Budapest. Graphisoft, an early innovator in BIM and one of the key companies in the Nemetschek collection of companies for design, construction, and project management has announced the appointment of Huw Roberts as CEO. Graphisoft’s former CEO Viktor Várkonyi is moving to a new job within the Nemetschek Group’s planning … [Read more...] about Graphisoft has a new CEO
Bentley Systems introduces Synchro XR for AEC digital twins
Ongoing partnership between Bentley and Microsoft blossoms with Hololens 2. Bentley Systems and Microsoft have been collaborating since at least 2016, when the company announced its commitment to Microsoft Azure for its AssetWise CONNECT Edition and ProjectWise CONNECT Edition tools. Since then, Bentley has expanded the list of products that take advantage of Microsoft’s Azure … [Read more...] about Bentley Systems introduces Synchro XR for AEC digital twins
Bentley announces the availability of AECOsim Building Designer CONNECT Edition
Bentley Systems releases fills out its Connect Edition AECOsim, an integrated tool for the entire AEC community including structural engineering and MEP. Bentley Systems has announced the availability of AECOsim Building Designer Connect Edition, a BIM application designed for building projects of larger size and involving engineering complexity. Bentley’s Connect Edition … [Read more...] about Bentley announces the availability of AECOsim Building Designer CONNECT Edition