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Bentley Systems, Incorporated (symbol: BSY) is a global leader in providing comprehensive software solutions designed to support architects, engineers, geospatial professionals, constructors, and owner-operators in the design, construction, and operations of infrastructure. The company's offerings enable users to leverage information mobility across various disciplines and throughout the entire infrastructure lifecycle, ensuring better-performing projects and asset management.
Bentley's key products include MicroStation applications for information modeling, ProjectWise collaboration services for integrated project delivery, and AssetWise operations services to achieve intelligent infrastructure management. These solutions are complemented by Bentley's worldwide professional services and comprehensive managed services, ensuring robust support and service for users globally.
Bentley Systems is renowned for its strong commitment to its user community, delivering not just high-quality and integrated software solutions, but also pairing these products with exceptional service and support. The company offers a broad range of products via the cloud, desktop, and hybrid environments, catering to specific needs such as bridge and rail design.
Despite being relatively smaller than some of its peers, like Autodesk, Bentley Systems excels in its core specialty areas and has established a strong global presence. As of fiscal 2022, approximately 58% of the company's revenue was derived from outside the U.S., with significant contributions from regions such as EMEA (28%) and APAC (18%). The public works and utilities sector stands out as Bentley's largest end market, accounting for about two-thirds of the company's revenue.
With its focus on innovation and user-centric solutions, Bentley Systems continues to advance the infrastructure design and management industry, ensuring that its users can achieve unparalleled efficiency and performance in their projects.
Bentley Systems, the infrastructure engineering software company, has announced it will release its first quarter 2023 operating results on May 9, 2023, before the market opens. A live Zoom webinar will be held at 8:15 a.m. EDT on the same day, with a registration link provided for attendees. This event will also be accessible through Bentley's Investor Relations website. The company has over 5,000 employees and generates annual revenues exceeding $1 billion. Bentley Systems specializes in innovative software solutions for infrastructure design, construction, and operations across various sectors, supported by its iTwin Platform for digital twins.
Bentley Systems has announced a strategic agreement with Worldsensing to enhance the adoption of Infrastructure IoT. Worldsensing will acquire the Thread connectivity device business from Bentley, expanding its hardware portfolio. Bentley is also the lead investor in Worldsensing's Series D capital raise. The Thread connectivity offers broadband sensor connectivity that allows high-speed sensors to stream data to the cloud. This partnership aims to create a fully integrated end-to-end sensor management solution for mutual users in sectors like mining, construction, and rail.
Bentley Systems announced the integration of LumenRT for NVIDIA Omniverse, enhancing infrastructure digital twins. This solution enables faster, high-quality visualizations for projects, improving decision-making. Early adopters, including Brigantium Engineering and WSP, report significant efficiency gains, with Brigantium expecting up to 80% improvement in communication and collaboration. The software fosters immersive 3D/4D experiences, supporting major initiatives like the ITER project and Tuas Water Reclamation Plant. Bentley's innovative approach aims to streamline complex project workflows and strengthen stakeholder engagement across the infrastructure sector.
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