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 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

Hexagon changing the world a millimeter at a time

The marriage of CAD and metrology is the marriage of the digital and the real-world. It is transforming many industries including AEC and manufacturing. Hexagon, which has its roots in metrology, has addressed the digitalization revolution from the sky down. Founded in 1992 in Stockholm, Hexagon acquired ERDAS for their satellite-based geospatial technology and they’ve acquired the leading lidar companies … Read more