Business Wire

Bentley Systems Recognizes the Year in Infrastructure 2023 as Groundbreaking for Infrastructure Intelligence

Share

At its annual Year in Infrastructure conference, Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, described 2023 as a “groundbreaking year” for infrastructure intelligence. Citing users’ projects, CEO Greg Bentley highlighted how infrastructure organizations are overcoming the engineering resource capacity gap through infrastructure intelligence strategies. When asked to quantify the engineering hours saved through digital advancements, the Going Digital Awards finalists reported significant median savings of 18%.

Engineering data serves as the foundation and digital twins as the building blocks of infrastructure intelligence. With iTwin Platform, engineering data in Bentley Infrastructure Cloud (ProjectWise for project delivery, SYNCHRO for construction, and AssetWise for asset operations) can be aligned, queried, and managed to increase infrastructure intelligence over the lifecycle of projects and assets. Bentley Systems estimates that the company’s engineering users accumulate at least 100 million new unique digital components per month within their respective ProjectWise environments, teeing up potential infrastructure intelligence benefits across construction, operations, and maintenance. As an indication that digital twins are becoming mainstream, the proportion of Going Digital Awards finalists crediting iTwin has risen to 64% in 2023.

Greg Bentley highlighted multiple infrastructure intelligence strategies that organizations are using to further compound the value of their data, including reusing digital components, integrating subsurface modeling, and incorporating, into evergreen digital twins, operational data from IoT sensors, drones, and even crowdsourcing. He also explained how Going Digital Awards finalists and organizations in Singapore are accelerating their infrastructure intelligence through the use of AI.

Groundbreaking Infrastructure Intelligence in Singapore

In Singapore, the location for the 2023 Year in Infrastructure conference, digital twins are extensively used to optimize decision-making and operations:

  • PUB, Singapore’s national water agency, is working in collaboration with Bentley Systems on a Singapore National Research Foundation-funded project to develop a new system in detecting and localizing water system anomalies and leaks in near real time. Through a high-fidelity digital twin, AI-based predictive models, and hydraulic network model calibration and simulation, the project could potentially help in improving network resilience and water conservation.
  • SMRT Trains, the leading multi-modal public transport operator in Singapore, uses AssetWise Linear Analytics software as the basis for its Predictive Decision Support System to prioritize maintenance. The digital twin system has enabled SMRT to meet its service reliability targets by optimizing maintenance deployments.
  • Singapore’s Land Transport Authority (LTA) fully leverages Bentley Systems’ EMME and DYNAMEQ mobility digital twin software for its long-term and short-term planning, including operational traffic models for traffic impact and scheme analysis. This includes using Bentley Systems’ agent-based travel demand model.
  • The Singapore Land Authority (SLA) is a leader in digital twin adoption. Dr. Victor Khoo, Director of Survey and Geomatics, SLA, joined the Year in Infrastructure conference to discuss Singapore’s national digital twin journey and share how a 0.225-meter accurate nationwide reality mesh from aerial surveying is incorporated with extensive inputs from other mapping datasets to produce a complete digital twin of the city, which is then shared with multiple agencies and research institutes to support Singapore’s sustainability initiatives.

Accelerating Infrastructure Intelligence with Bentley Infrastructure Cloud

Following Greg Bentley’s keynote, Bentley Systems’ product and technology leaders explained how the company’s offerings increasingly help users derive greater infrastructure intelligence from their data.

“Bentley Infrastructure Cloud, including ProjectWise, leverages infrastructure digital twins to unlock data in order to apply AI and accelerate infrastructure intelligence,” said Mike Campbell, Chief Product Officer.

Henry Okraglik, Global Director of Digital, WSP Australia, joined the Year in Infrastructure conference to explain the benefits of becoming data-centric through Bentley Infrastructure Cloud.

“As we’ve digitally matured, we’ve been able to embrace capabilities from Bentley Infrastructure Cloud to improve construction staging and planning, track and export quantity data across project phases, reduce the need for physical site visits, and a lot more,” said Okraglik.

For example, using ProjectWise, SYNCHRO, iTwin, and other Bentley products, WSP was able to reduce modeling time by 60%, increase productivity by 25%, and reduce the carbon footprint by 30% on a rail network project in Melbourne.

Advancing Bentley Open Applications with iTwin

To systematically introduce the benefits of digital twins in the design phase, Campbell announced the addition of iTwin capabilities in Bentley Open Applications, for modeling and simulation, starting with MicroStation. With iTwin capabilities and workflows natively integrated, Bentley Open Applications will be able to automatically create digital twins during the design process, enabling users to collaborate in real-time, evaluate the impact of changes more seamlessly, reduce rework, and expedite infrastructure intelligence.

“Today, digital twins are critical enablers of how infrastructure assets are built and operated. With iTwin-powered capabilities coming to Bentley Open Applications, all our users will also be able to leverage digital twin technology to improve their efficiency and effectiveness during design,” said Campbell.

Generative AI, powered by iTwin

Embracing AI’s potential to accelerate infrastructure intelligence, the company highlighted its existing analytical AI capabilities, powered by iTwin, for asset monitoring, and articulated its multi-faceted approach to generative AI for design. This approach is guided by the company’s commitment to help users gain ever more value from their own engineering data secured in Bentley Infrastructure Cloud – maximizing their potential from generative AI, while also ensuring each account retains explicit access and control.

Julien Moutte, Chief Technology Officer, provided examples of generative AI for infrastructure engineering, beginning with an AI agent assisting engineers in further optimizing site layouts by leveraging designs and data from previous projects. He also showed how generative AI can be applied to minimize time spent on project documentation by automating drawing production with fit-for-purpose annotations.

“We believe iTwin-powered generative AI capabilities will support engineers by augmenting the work they’re already doing. We see iTwin becoming a copilot to support better decision-making, reduce repetitive tasks, and increase design quality. It can help close the engineering resource capacity gap – not only by empowering current engineers to produce more, but also by enabling a more rewarding work experience, enticing future engineers to join the community advancing infrastructure,” said Moutte.

##

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 for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,000 colleagues generate annual revenues of more than $1 billion in 194 countries.
www.bentley.com

© 2023 Bentley Systems, Incorporated. Bentley, the Bentley logo, Bentley Infrastructure Cloud, Bentley Open, AssetWise, EMME, DYNAMEQ, iTwin, MicroStation, ProjectWise, Seequent, and SYNCHRO are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Press:
Christine Byrne
+1 203 805 0432
Christine.Byrne@bentley.com
Follow us on Twitter:
@BentleySystems

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release

H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation

Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release

Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private

Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding

Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår

V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release

V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust

Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye