Revenues up 8.2% and CEO Greg Bentley says the company is at a new setpoint for the future. 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 … [Read more...] about Bentley Systems registers drop in EPC during pandemic
Bentley Systems
Bentley Systems to acquire Seequent for $1.05 Billion
The company says the deal will advance environmental resilience by "deepening" Infrastructure Digital Twins. Bentley Systems has announced plans to acquire Seequent, a well-known provider of geospatial tools, geophysical modeling, and geotechnical stability mining based in Christchurch, New Zealand. The company’s clients are heavily represented in the mining industry, and … [Read more...] about Bentley Systems to acquire Seequent for $1.05 Billion
Bentley Systems YII: It all comes together in digital twins
Partnerships are key to creating digital twin systems. Bentley Systems is a company best known for the large projects of its customers. Bentley provides software 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 … [Read more...] about Bentley Systems YII: It all comes together in digital twins
Digital twin projects receive recognition at Bentley Systems’ Year in Infrastructure 2020 Conference
Bentley’s Year in Infrastructure conference went digital amid the global pandemic. Continuing the tradition, Bentley announced the winners of Year in Infrastructure 2020 Awards during the conference. These awards honor the most outstanding infrastructure projects around the world. The projects submitted by Bentley software users are judged by a jury of independent experts. The … [Read more...] about Digital twin projects receive recognition at Bentley Systems’ Year in Infrastructure 2020 Conference
Bentley Systems appoints three executives with public company experience
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 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