Sheena Gaynes of Bentley Systems Named to CRN’s 2023 Women of the Channel List Press Release Sheena Gaynes, Director, Strategic Partnerships, Global System Integrators, with Bentley Systems. Image courtesy of Bentley Systems. May 23, 2023 EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced CRN®, a brand of The Channel Company, has named Sheena Gaynes to the Women of the Channel list for 2023. Each year, CRN recognizes women from vendor, distributor, and solution provider organizations whose expertise and vision are leaving a noticeable and commendable mark on the technology industry. The CRN 2023 Women of the Channel honorees bring their creativity, strategic thinking, and leadership to bear in a variety of roles and responsibilities, but all are turning their unique talents toward driving success for their partners and customers. With this recognition, CRN honors these women for their unwavering dedication and commitment to furthering channel excellence. Gaynes is featured on the CRN® Women of the Channel list for a fifth time. As Bentley’s Director of Strategic Partnerships for Global System Integrators, Gaynes leads a team responsible for business development, contract negotiations, and joint go-to-market efforts to generate new subscription revenue. She enables global
Bentley Systems Announces Operating Results for the First Quarter of 2023 Press Release May 9, 2023 EXTON, Pa. Bentley Systems, Incorporated (Nasdaq: BSY) (Bentley Systems or the Company), the infrastructure engineering software company, today announced operating results for its first quarter ended March 31, 2023. This press release features multimedia. View the full release here. First Quarter 2023 Financial Results Total revenues were $314.4 million, up 14.1% or 17.1% on a constant currency basis, year-over-year; Subscriptions revenues were $277.8 million, up 15.2% or 18.0% on a constant currency basis, year-overyear; Annualized Recurring Revenues (ARR) was $1,071.0 million as of March 31, 2023, representing a constant currency ARR growth rate of 13% from March 31, 2022; Last twelve-month recurring revenues dollar-based net retention rate was 110%, compared to 108% for the same period last year; Operating income margin was 20.9%, compared to 20.5% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (Adjusted OI w/SBC) margin was 28.8%, compared to 28.4% for the same period last year; Net income per diluted share was $0.14, compared to $0.18 for the same period last year; Adjusted net income per diluted share (Adjusted EPS) was $0.25, consistent with the
Today marks the 11th anniversary of Global Youth Traffic
Safety Month (GYTSM), an annual campaign formed by National Organizations for Youth
Safety (NOYS) and sponsored by Bentley Systems in support of the United Nations Decade of Action for Road Safety.
Bentley Systems Announces Two Colleagues Become Fellows with Professional Engineering Associations in the U.K.
Bentley Systems, Incorporated today announced that two of its colleagues have qualified as
Fellows with highly regarded professional associations.
Engineers Without Borders International today announced a strategic partnership with infrastructure engineering software company, Bentley Systems.
Bentley Systems to Announce First Quarter 2023 Operating Results Press Release April 12, 2023 EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced today the date for the release of its first quarter 2023 operating results. First Quarter 2023 Operating Results Bentley Systems will release first quarter 2023 operating results, before the market opens, on Tuesday, May 9, 2023. A live Zoom video webinar of the event can be accessed at 8:15 a.m. EDT that same day through a direct registration link. Alternatively, the event can be accessed from the Events & Presentations page on Bentley Systems’ Investor Relations website at https://investors.bentley.com. A replay and transcript will be available after the conclusion of the live event on Bentley Systems’ Investor Relations website. About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform
Cupix™, a global spatial digital twin platform that provides visualization and
analytics for owners and builders across the entire built-world lifecycle, announced today the
addition of its leading product, CupixWorks, to Bentley Systems’ powered by iTwin program.
Bentley Systems today announced the winner of Bentley Education’s iTwin4Good Challenge.
announced the release of SLOPE3D, an advanced slope stability analysis tool that empowers
geotechnical engineers and engineering geologists to design safer slopes.
Bentley Systems today announced it has entered into a non-exclusive commercial agreement to strategically accelerate the adoption of Infrastructure IoT
Bentley Systems Announces Infrastructure Projects Achieve Measurable Results with LumenRT for NVIDIA Omniverse, Powered by iTwin Creation of Immersive 3D/4D Experiences Enhances Visualization and Simulation of Infrastructure Digital Twins for Improvements in Communication and Collaboration Press Release The International Thermonuclear Reactor. Image courtesy of Brigantium Engineering. March 21, 2023 EXTON, Pa. – March 21, 2023 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced how infrastructure organizations across industries and around the globe are leveraging the power of LumenRT for NVIDIA Omniverse, powered by iTwin, a solution enabling infrastructure organizations to create compelling visualizations and project deliverables with unprecedented speed and quality, make better-informed decisions, and win more projects. LumenRT for NVIDIA Omniverse is the first engineering software application in the market built on Omniverse, a platform for creating and operating industrial metaverse applications. The integration of NVIDIA Omniverse and Bentley iTwin enables real-time, immersive 3D/4D experiences to enhance the visualization and simulation of infrastructure digital twins. The combined capabilities are delivering new possibilities and incredible results for some of the world’s largest and most complex infrastructure projects. An early adopter of LumenRT for NVIDIA Omniverse is Brigantium Engineering, an engineering and consulting services contractor working
WSB and Bentley Systems Offer New Digital Construction Management Service Based on SYNCHRO Will Provide Digital Integrator and Advisory Services for Construction Digital Twins Running in Bentley Infrastructure Cloud Press Release SYNCHRO simplifies the delivery of infrastructure construction projects. Image courtesy of WSB. March 13, 2023 EXTON, Pa. and MINNEAPOLIS – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced a collaboration initiative with WSB to lead civil infrastructure owners and contractors to adopt and use infrastructure digital twins. WSB has launched a new digital construction management solution and advisory service, based on Bentley’s SYNCHRO, to help the civil infrastructure market overcome challenges of adopting model-based digital workflows and leveraging the power of construction digital twins. WSB is the first firm to join the Bentley Digital Integrator Program for construction to provide programmatic go-to-market support and knowledge transfer to eligible engineering and project delivery firms and system integrators creating and curating digital twins for their clients’ infrastructure assets. Construction work is too often based on 2D drawings, spreadsheets, and document-based workflows resulting in errors, waste, and rework that cause most projects to be over budget and schedule. Bentley and WSB will lead firms in transforming construction by
Bentley Systems today announced its call for nominations for the 2023 Going Digital Awards in Infrastructure.
Bentley Systems Announces Retirement of Founder Keith Bentley and Promotion of Julien Moutte to Chief Technology Officer
Bentley Systems today announced forthcoming retirements: As of April 2023 founder Keith Bentley will step down as Chief Technology Officer to
assume the role of Technology Advisor through his anticipated retirement later in the
year, and will continue thereafter his service on Bentley Systems’ Board of Directors.
Bentley Systems Announces 22Q4 and 2022 Operating Results, and Its 2023 Financial Outlook Press Release February 28, 2023 EXTON, Pa. – Bentley Systems, Incorporated (Nasdaq: BSY) (“Bentley Systems” or the “Company”), the infrastructure engineering software company, today announced operating results for its fourth quarter and full year ended December 31, 2022, and its financial outlook for 2023. Fourth Quarter 2022 Financial Results Total revenues were $286.9 million, up 7.2% or 12.7% on a constant currency basis, year-over-year; Subscriptions revenues were $251.5 million, up 12.7% or 18.3% on a constant currency basis, year-overyear; Annualized Recurring Revenues (“ARR”) was $1,036.5 million as of December 31, 2022, representing a constant currency ARR growth rate of 15% from December 31, 2021, or 12.5% ARR growth from business performance, excluding acquired ARR from our 22Q1 platform acquisition of Power Line Systems; Last twelve-month recurring revenues dollar-based net retention rate was 110%, consistent with the preceding quarter; Operating income was $40.8 million, compared to $43.3 million for the same period last year; Adjusted operating income was $88.1 million, compared to $83.3 million for the same period last year; Net income was $25.7 million, compared to $38.6 million for the same period last year. Net income per
Bentley Systems today announced it has acquired EasyPower, a leading developer
of design and analysis software tools, including arc flash solutions, for electrical engineering
Model, document, access, and view architectural, engineering, mapping, construction, and operations design information with the power and flexibility you need for any size project.
Leverage digital design delivery, portfolio intelligence, data governance, and enhanced engineering work-in-progress capabilities to improve project performance and productivity with ProjectWise, powered by iTwin.
Manage your projects efficiently with virtual construction, planning, and model-based workflows, field to office.
Comprehensive decision-support software for you to design, plan, and operate your water distribution systems.
Take a look at what Digital Twins are, how they benefit you, and how it all works!
Comprehensive detailed design and documentation for roadway projects including surveying, drainage, subsurface utilities, and visualization in on application.
Analyze and design any structure, simple or complex, and share the synchronized model with confidence for multidiscipline team collaboration.
Perform powerful 3D analysis of deformation and stability in geotechnical engineering and rock mechanics with PLAXIS 3D.