Bentley

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