Tag: Bentley Systems

Bentley collaborates with Nvidia

Jacobs Waterworks Team

Bentley Systems is developing applications using Nvidia’s Omniverse platform for photorealistic, real-time visualisation and simulation of digital twins of massive-scale industrial and civil infrastructure projects. Visualisation and simulation are increasingly important in the architecture, engineering and construction (AEC) sector, but the costs and manpower needed to develop really sophisticated and powerful capabilities demand that AEC …

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Permanent link to this article: http://extranetevolution.com/2021/04/bentley-collaborates-nvidia/

Bentley acquires E7

Bentley Systems E7

Bentley Systems has acquired E7, a Brisbane, Australia-based specialist in construction delivery software for heavy civil projects – formerly known as Envision (post). Bentley says the acquisition (announced on 25 February 2021 – no terms disclosed) will add to its project delivery capabilities to helps civil contractors meet schedule and budget requirements of infrastructure investment …

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Permanent link to this article: http://extranetevolution.com/2021/03/bentley-e7/

Bentley’s billion dollar buy: geoscience tech vendor Seequent

Seequent - Leapfrog software

Bentley Systems is spending around US$1 billion to buy New Zealand-based geoscience modelling software provider, Seequent. Bentley Systems has announced an investor-backed deal led by Accel-KKR to acquire Seequent. The Christchurch, New Zealand-based business specialises in geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration. The deal involves US$900 …

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Permanent link to this article: http://extranetevolution.com/2021/03/bentley-geoscience-seequent/

Microsoft Mesh mixed reality opens Bentley collaboration

Microsoft Mesh launch

Mixed Reality, XR, is supported by Microsoft through its development of its Mesh platform, with wider adoption enabled via open standards, benefiting industry partners such as AEC tech provider Bentley Systems. Two days before a call with Bentley Systems’ Greg Demchak, I watched Microsoft‘s online launch of its new Microsoft Mesh mixed reality platform (on …

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Permanent link to this article: http://extranetevolution.com/2021/03/microsoft-mesh-bentley-collaboration/

Bentley and Autodesk push ‘Digital Twin’ initiatives

Autodesk Tandem Screenshot

Bentley Systems has established a US$100M business to invest in digital twin technologies, while Autodesk has launched a new product, Tandem, supporting digital twins. Bentley iTwin Ventures For some years a champion of ‘digital twin’ thinking (see EE August 2019 post: Bentley pushes ‘Digital Twin’ into AEC mainstream), Bentley Systems has committed US$100M of venture …

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Permanent link to this article: http://extranetevolution.com/2020/11/bentley-autodesk-digital-twin/

Procore acquires estimating vendor Esticom, expands platform

Procore Lookaheads

Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …

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Permanent link to this article: http://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/

Bentley growing its construction collaboration toolset

Project Insights

Bentley Systems’ collaboration portfolio continues to grow, with NoteVault integrated into the SYNCHRO Field mobile app, new ProjectWise Insights, much “iTwin-enabling”, an entirely new SYNCHRO Cost application coming soon, and GroupBC being positioned as a capital project management platform for owners. Bentley Systems‘ Year In Infrastructure provides an annual opportunity to hear about updates to …

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Permanent link to this article: http://extranetevolution.com/2020/11/bentley-growing-its-construction-collaboration-toolset/

Bentley Systems acquires PCSG

Mark Bew

Bentley Systems’ Year In Infrastructure 2020 has started with news of an acquisition: PCSG, the UK-based consultancy chaired by former UK BIM Task Group head Mark Bew, has been bought by Bentley Systems. The Cohesive Companies, a digital integrator investment of the Acceleration Fund of Bentley Systems has acquired UK-based Professional Construction Strategies Group (PCSG) …

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Permanent link to this article: http://extranetevolution.com/2020/10/bentley-systems-acquires-pcsg/

Bentley Systems’ IPO aims for $5.5 billion valuation

One Liberty Plaza, NYC

Bentley Systems has revised the targeted price range for its upcoming initial public offering (IPO), which could value the company at about US$5.49 billion (c. £4.28 billion or €4.68 billion). US-based architecture, engineering and construction software and services provider Bentley announced in August 2020 (Bentley raises IPO prospect again) that it had filed a registration …

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Permanent link to this article: http://extranetevolution.com/2020/09/bentley-ipo-aims-5-5-billion-valuation/

Bentley raises IPO prospect again

Procore report graphic

On Friday 21 August 2020, US-based engineering design and collaboration software-as-a-service vendor Bentley Systems announced it had filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class B common stock. The shares of Class B common stock to be sold in the offering will …

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Permanent link to this article: http://extranetevolution.com/2020/08/bentley-raises-ipo-prospect-again/

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