Bentley Systems Inc.

Company Snapshot

Founded: 1984
Entity Type: Public
Employees: 5,500
Region: Americas
Revenue: $1,353.1 Millions
Revenue Year: 2024
Headquarter: Pennsylvania, U.S.
Corporate Address: 685 Stockton Drive Exton, Pennsylvania 19341 U.S. Tel. +1-(610)-458-5000 www.bentley.com

Company Overview

Bentley Systems, Inc. is an infrastructure engineering software company. It develops and supports portfolios of integrated software offerings across professional disciplines, project and asset lifecycles, infrastructure sectors, and geographies. The company’s users design, build, and operate projects and assets across the following infrastructure sectors: public works/utilities, industrial, resources and commercial/facilities. For projects, the software encompasses conception, planning, surveying, design, engineering, and construction, as well as the collaboration required to coordinate and share the work of interdisciplinary and/or distributed project teams. For assets, the software spans the operating life of commissioned infrastructure assets, allowing its accounts to manage engineering changes for safety and compliance and to model performance and reliability to support operations and maintenance decisions.

The iTwin Platform for infrastructure digital twin solutions leverages its infrastructure schemas that enable users to create and curate cloud-native 4D/5D digital representations of physical infrastructure assets, incorporating underlying engineering information federated with operational and enterprise data, and then to model, simulate, analyze, synchronize, track, and predict performance over time. The company provides its software solutions to more than 41,000 accounts in 194 countries globally.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Bentley Systems Inc. In Reports

Global Digital Twin Market

BCC Research Market Analyst says global market for digital twins was valued at $11.5 billion in 2023. The market is expected to grow from $18.2 billion in 2024 to $119.3 billion by the end of 2029, at a CAGR of 45.7%.

Global Building Information Modeling (BIM) Market: Current and Future Trends

BCC Research Market Report says Global market for BIM was valued at $8.1 billion in 2022 and will reach $14.6 billion by 2028, at a compound annual growth rate of 11.3%.

Digital Twin Market

BCC Research Market Report for digital twins is estimated to increase from $4.9 billion in 2021 to about $50.2 billion by 2026 at a compound annual growth rate of 59.0%

Company's Business Segments

  • Infrastructure Engineering Software : This segment offers engineering and architecture solutions and services.

Applications/End User Industries

  • Mining
  • Rail
  • Roads
  • Cities
  • Airports
  • Bridges
  • Electric Utilities
  • Water Utilities
  • Transit
  • Campus