Bentley Systems

Marking its 40th Anniversary, Bentley Systems Announces CEO Transition Plan

Retrieved on: 
Thursday, March 21, 2024
Manufacturing, Audio, Video, Other Technology, Software, Urban Planning, Networks, Internet, Building Systems, Electronic Commerce, Data Management, Architecture, Technology, Other Energy, Construction & Property, Utilities, Alternative Energy, Energy, Engineering, Cloud, Growth, ARR, Bentley Systems, Business, City, SAP, IPO, System, Quality of life, Senior, Marketing, BSY, OpenX, Multimedia, University of Paris, Management

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board of Directors.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20240321537157/en/
    Bentley Systems CEO Greg Bentley will become Executive Chair on July 1, 2024.
  • (Photo: Business Wire)
    The announcement was made during the opening event for Bentley Systems’ new UK headquarters in the City of London, beginning the observance of the company’s 40th anniversary.
  • Nicholas Cumins said, “This year marks the 40th anniversary of the founding of Bentley Systems, at its essence a company of engineers for engineers.

Mastercam Appoints New President to the Organization

Retrieved on: 
Tuesday, March 12, 2024
CAM, Central business district, GTM, Software as a service, Growth, Bentley Systems, Reseller, Software, B2B, CAD, Development, Management

TOLLAND, Conn., March 12, 2024 /PRNewswire/ -- Mastercam, the leading global provider of CAM software, announces the appointment of Susan Brandt as its new President, effective February 12.

Key Points: 
  • TOLLAND, Conn., March 12, 2024 /PRNewswire/ -- Mastercam, the leading global provider of CAM software, announces the appointment of Susan Brandt as its new President, effective February 12.
  • Mastercam, the leading global provider of CAM software, announces the appointment of Susan Brandt as its new President.
  • In addition, Brandt served as Vice President of Mine Planning Business Unit at Hexagon Mining, further enhancing her extensive industry experience.
  • Mattias Nilsson, President of Business Area segment Sandvik Manufacturing Solutions, expressed confidence in Brandt's appointment, stating, "Susan's deep knowledge of software business management is a significant asset for Mastercam.

Bentley Systems Announces Fourth Quarter and Full Year 2023 Results and 2024 Financial Outlook

Retrieved on: 
Tuesday, February 27, 2024
Technology, Construction & Property, Engineering, Urban Planning, Manufacturing, Building Systems, Software, Architecture, Electronic Design Automation, Cloud, Acquisition, BSY, Forecasting, Traction, Marketing, EST, Growth, SBC, System, ARR, Event, GAAP, Capital expenditure, OI, Capital, EPS, Virtuosity, Bentley Systems, Workforce, Cryptocurrency

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for its fourth quarter and full year ended December 31, 2023, and its financial outlook for 2024.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for its fourth quarter and full year ended December 31, 2023, and its financial outlook for 2024.
  • “Our financial outlook for 2024 reflects our confidence in sustaining consistent organic growth with comparable annual improvement in operating margin (including stock‑based compensation).
  • Our 2024 financial outlook is supported by continued favorable market conditions and the momentum of our growth initiatives.
  • Bentley Systems will host a live Zoom video webinar on February 27, 2024 at 8:15 a.m. EST to discuss results for its fourth quarter and full year ended December 31, 2023, and 2024 Financial Outlook.

Geo Week Breaks Attendance Records; Sold Out Exhibit Hall Floor Largest in Event History

Retrieved on: 
Tuesday, February 20, 2024
NOAA, AEC, USGS, Growth, Colorado Convention Center, Government, University, History, Organization, Associate, Microprocessor, Workforce, 3D, Skanska, Skender, Keynote, CDM, Convention, Diversified Communications, Environment, Tailgate, WGIC, NASA, University of New Hampshire, Equity, Pennsylvania State University, News, Knowledge, Bentley Systems, Engineer, Research, Geographic data and information, Corps, ASPRS, CDM Smith, CO, Blue Marble Geographics, Inclusion, Publication, Lidar

DENVER, Feb. 20, 2024 /PRNewswire-PRWeb/ -- Thousands of geospatial and built world professionals gathered for Geo Week, held February 11-13, 2024, at the Colorado Convention Center in Denver, CO. Geo Week is the premier conference and tradeshow that champions the coming together of geospatial technologies and the built world. The event convened a record-breaking 2,976 professionals from more than 3,400 registrants, representing 45 countries. The sold-out exhibit hall was the largest in event history, featuring 200 exhibitors and further cementing Geo Week as the convergence point for the built environment, advanced airborne/terrestrial technologies, and commercial 3D technologies.

Key Points: 
  • The sold-out exhibit hall was the largest in event history, featuring 200 exhibitors and further cementing Geo Week as the convergence point for the built environment, advanced airborne/terrestrial technologies, and commercial 3D technologies.
  • "The continued growth of Geo Week is a testament to the continued evolution and expansion of geospatial technologies around the world.
  • The Geo Week Awards Celebration , in collaboration with LIDAR Magazine, LiDAR News and ASPRS, celebrated excellence across the geospatial industry.
  • Geo Week was supported by 185+ publications, portals, associations, user groups, analysts, cooperating events, and government agencies, covering six continents.

Geo Week exhibit hall floor is sold out; 3000 geospatial professionals anticipated to attend

Retrieved on: 
Thursday, February 8, 2024
NOAA, Bright Future, USGS, Conference, Skender, ASPRS, WGIC, Organization, CDM Smith, Diversified Communications, Bentley Systems, City, Convention, Colorado Convention Center, Skanska, Built environment, CDM, Geographic data and information

DENVER, Feb. 8, 2024 /PRNewswire-PRWeb/ -- Organizers of Geo Week, the premier conference and tradeshow that champions the coming together of geospatial technologies and the built world, are anticipating that more than 3000 industry professionals will attend next week's event. The event features a sold-out exhibit hall floor and will take place February 11-13, 2024, at the Colorado Convention Center in Denver.

Key Points: 
  • DENVER, Feb. 8, 2024 /PRNewswire-PRWeb/ -- Organizers of Geo Week , the premier conference and tradeshow that champions the coming together of geospatial technologies and the built world, are anticipating that more than 3000 industry professionals will attend next week's event.
  • The event features a sold-out exhibit hall floor and will take place February 11-13, 2024, at the Colorado Convention Center in Denver.
  • "At Geo Week, the convergence of individuals, cutting-edge technologies, and forward-thinking organizations shapes the digital future across coastlines, cities, and entire countries.
  • Geo Week showcases the increased integration between the built environment, advanced airborne/terrestrial technologies, and commercial 3D technologies.

Bentley Systems to Announce Fourth Quarter 2023 Results on February 27, 2024

Retrieved on: 
Thursday, February 1, 2024
Commercial Building & Real Estate, Technology, Construction & Property, Engineering, Urban Planning, Software, Building Systems, Manufacturing, Electronic Design Automation, Other Construction & Property, BSY, Bentley Systems, Webcast, System

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its fourth quarter and full year 2023 results before the market opens on Tuesday, February 27, 2024.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its fourth quarter and full year 2023 results before the market opens on Tuesday, February 27, 2024.
  • Senior management will host a webcast to discuss the company’s results at 8:15 a.m.
  • ET.
  • The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com

Middle-Schoolers Lead the 'Charge' Toward Sustainable Cities at the 32nd Annual Future City® STEM Competition

Retrieved on: 
Thursday, February 1, 2024
Multimedia, Bentley Systems, Future, City, Agriculture, Science, FUTURE, STEM, Transport, Overalls, Engineering, ASCE, Introduction, School, Shell Energy, Society, MacGillivray Freeman Films, Creativity, IMAX, Student, NCEES

WASHINGTON, Feb. 1, 2024 /PRNewswire/ -- The Future City® Competition, a premier STEM engineering challenge for middle school students, proudly unveils the finals of its 2023-24 season, set to take place in Washington DC from February 17-20, 2024 at the Hyatt Regency on Capitol Hill. This year's competition, themed "Electrify Your Future," challenges 6th, 7th, and 8th-grade students to design 100% fully electric cities powered by clean, green, and renewable energy sources.

Key Points: 
  • This year's competition, themed "Electrify Your Future," challenges 6th, 7th, and 8th-grade students to design 100% fully electric cities powered by clean, green, and renewable energy sources.
  • Future City® brings over 60,000 of the brightest young minds from 1,800 schools in 37 regions in the US as well as global teams from Canada and China.
  • Teams present their ideas at regional competitions in January and regional winners then face off at the Future City Finals.
  • The Future City® competition is a program of Discover Engineering , a nonprofit organization dedicated to fostering interest in science, technology, engineering, and math.

Bentley Systems, Incorporated Declares Fourth Quarter 2023 Dividend

Retrieved on: 
Friday, November 17, 2023
Software, Architecture, Professional Services, Technology, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Engineering, Urban Planning, Building Systems, Transport, Consulting, Manufacturing, Bentley Systems, System, BSY, Holding company

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.05 per share dividend for the fourth quarter of 2023.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.05 per share dividend for the fourth quarter of 2023.
  • The cash dividend is payable on December 14, 2023 to all stockholders of record of Class A and Class B common stock as of the close of business on December 4, 2023.

DiscoverE Announces Judging Opportunities for the 32nd Annual Global Future City Competition: Electrify Your Future

Retrieved on: 
Wednesday, December 6, 2023
Direct commission officer, STEM, Engineering, City, Final, NOAAS Discoverer (R 102), Future City Competition, Student, NASA, Bentley Systems, Discover, School, Future, Management

Judging opportunities are available in January (select a region near you), or February at the global finals competition in Washington, DC, or virtually in January or February.

Key Points: 
  • Judging opportunities are available in January (select a region near you), or February at the global finals competition in Washington, DC, or virtually in January or February.
  • This year's Future City® Competition challenges middle school students to imagine and design future cities that are fully electric and powered by clean, green, and renewable energy sources.
  • Students will present their visions of the future through a city essay, a scale model, a project plan, and a presentation.
  • Each year, more than 60,000 students, representing 1,800 schools and 38 regions in the US, take part in the Future City® Competition.

Structural Health Monitoring Sensors for Critical Infrastructure to Reach 22.9 Million Connections by 2030

Retrieved on: 
Tuesday, November 28, 2023
SHM, Research, Climate change, Internet of things, Ponte Morandi, DAQ, Artificial intelligence, Weather, Structural health monitoring, Ecosystem, Bentley Systems, Ageing, Software, Geography, HBK, ABI, Innovation, Structural Health Monitoring, Travel

NEW YORK, Nov. 28, 2023 /PRNewswire/ -- Governments are increasingly eager to address the escalating maintenance needs of aging critical infrastructure, including rail, bridges, mines, dams, and older buildings. Safety concerns, amplified by disastrous incidents like the 2018 Morandi Bridge collapse, which resulted in 43 casualties and a staggering US$450 million in damages, have sparked a preference for "predictive maintenance" over "maintenance after failure" approaches. The surge in extreme weather events linked to climate change has also laid bare additional vulnerabilities in aging and strained post-war infrastructure. A greater variety of sensor and connectivity types alongside more advanced data analytics software platforms is enabling the Structural Health Monitoring (SHM) market to expand. According to global technology intelligence firm ABI Research, SHM sensors will reach 22.9 million connections by 2030, with a CAGR of 18% for wired retrofitted sensors and 28% for wireless retrofitted sensors.

Key Points: 
  • The surge in extreme weather events linked to climate change has also laid bare additional vulnerabilities in aging and strained post-war infrastructure.
  • A greater variety of sensor and connectivity types alongside more advanced data analytics software platforms is enabling the Structural Health Monitoring (SHM) market to expand.
  • According to global technology intelligence firm ABI Research, SHM sensors will reach 22.9 million connections by 2030, with a CAGR of 18% for wired retrofitted sensors and 28% for wireless retrofitted sensors.
  • These findings are from ABI Research's IoT Solutions for Structural Health Monitoring in Critical Infrastructure application analysis report.