- CEO Greg Bentley reviewed the highlights of the company’s “annual report”: revenue in 2011 was up 10% to $523 million, led by a 16% increase in revenue from Asia. Revenue from greater China has doubled in last two years, with 42% of Bentley’s 2011 license sales in China coming from new accounts.
- Mr. Bentley’s keynote included a rapid-fire trip though a number of customer highlights, including the London, UK, Crossrail project. One of the coolest aspects is that the project uses point cloud differencing to monitor progress — a relatively new use of the technology, as it becomes faster, cheaper and easier to use. Only now are we at the point where the software that processes point clouds can help a user detect differences without re-modeling the entire structure.
- The UK Highways Agency will announce sometime this month that it is standardizing on Bentley’s Exor Assetwise and eB configuration and change management software to manage a significant chunk (90%?) of the country’s roads. That’s impressive and implies an unusual degree of cooperation by the asset owners, one that is going to be essential to improving infrastructure in general; as we move forward. How many times have you driven over a lovely new stretch of road only to “fall off” at a municipal boundary onto a stretch that is much less well maintained?
- Mr. Bentley also introduced OpenRoads, a common code foundation for InRoads, GEOPAK, and MXROAD V8i for roadway design. Users of these products can now benefit from design-time visualization, capturing and persistence of design intent and hypermodeling, in keeping with the company’s vision of construction-driven engineering across the disciplines it serves.
- The most interesting announcement came towards the end of Mr. Bentley’s presentation. The company has acquired InspectTech Systems, Inc., a provider of field inspection applications and asset management services for bridges and other infrastructure assets. InspectTech’s BridgeInspect Collector/Manager is a software-as-a-service solution that helps owners plan inspections, collect and manage inspection data, and comply with government reporting requirements. Mike Schellhase and Jeremy Shaffer founded the company and have joined Bentley Systems. Mr. Bentley talked about combining as-designed and as-built data with as-observed condition information (CAD models and drawings, point-cloud scans, and surveyed data) — giving bridge owners much more visibility into their assets’ condition than was possible before. Terms of the deal were not released.
Note: Bentley Systems graciously covered expenses and registration for the event but did not in any way influence the content of this post.
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