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Posts Tagged ‘Greg Bentley’

Bentley Be Inspired 2012 videos available

Tuesday, November 20th, 2012

Videos of keynotes from the Bentley Be Inspired 2012 Conference are available here with a login:

http://connected.bentley.com/viewSeminars.aspx?BEC_SS_ID=801

Bentley Systems’ Performance for 2011

Wednesday, March 14th, 2012

Bentley Systems CEO Greg Bentley gave Bentley Systems’ second annual Corporate Update in a conference call last week.

“Bentley Systems’ revenue on an historical gap basis grew 10% to a record $523 million,” said Bentley. Asia was a major driver of this growth, increasing to comprise 19% of total revenue from 16% in 2010.

The software subscription business model accounts for 17% of revenues in 2011. The company’s resilient subscription revenues have enabled them to fully recover from the downturn faster than their competitors and software peers with less volatility and with greater visibility into this coming year.

The subscription business model also benefits the user organization that had invested in their future reuse of infrastructure information modeling through Bentley software. The relative lack of volatility in Bentley Systems’ revenues is good for the company’s stability and reliability and that is, along with subscription elimination of cost barriers for technology adoption and improvement, is good for user organizations.

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Be Inspired 2011 Press Conference recap

Monday, November 7th, 2011

At the Be Inspired Conference yesterday, Bentley Systems CEO Greg Bentley said that the company’s mission is “to improve quality of life in the world through infrastructure.”

The company Bentley has achieved its initial public rating and while in 2010 the company adjusted for exchange rates and acquisitions, they have regained revenue momentum from the downturn. Bentley made mention that Autodesk, their main competitor, is “ahead but not out of reach, we have sooner regained revenue than they have in 2010.”

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