Software : Engineering : Digital Twin
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 include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geosciences software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $800 million in 172 countries.
This Worldsensing-Bentley Systems deal feels like a marriage made in heaven
This latest round of financing is led by Bentley Systems–an infrastructure software engineering firm that provides innovative and industry-leading software solutions to 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. The deal also includes acquisition of Bentley’s Thread connectivity device business by Worldsensing which will substantially increase the size of the operation.
The new partnership between Worldsensing and Bentley Systems features a critical go-to-market strategy to monitor critical infrastructure to save lives and protect the environment. The investment will help Worldsensing expand and complement the company’s product portfolio, offering new options to its customers where adaptive sensor integrations or active sensor management are a key requirement.
The metaverse in infrastructure: Connecting digital and physical worlds
The ITER project, based in France involves some 35 countries collaborating to build a large-scale electricity generation facility based upon the same principle that powers our Sun and stars – nuclear fusion. When completed, this facility seeks to prove the feasibility of fusion as a utility-scale, carbon-free source of energy.
ITER wanted to virtually teleport people into the digital twin and experience it. The resulting solutions use multiple platforms, including NVIDIA Omniverse, Unreal Engine for Oculus, Bentley iTwin, and Azure Remote Rendering for HoloLens2. This combination allows engineering-grade, millimeter-accurate digital content to be visualized with physically accurate lighting and environmental effects on multiple devices and form factors such as web browsers, workstations, tablets, and virtual reality and augmented reality headsets from anywhere in the world.
Digital Twins at Olympic Scale
Not unlike its steel competitors, the Xuanhua facility, a subsidiary of China’s second-biggest steelmaker, HBIS Group Co., is gunning to reorganize on the basis of new demands for competition and efficiency. Relocating the 89-year-old factory to the Leting Economic Development Zone in Tangshan City in China’s Hebei province includes plans to develop a digital model for the factory.