GIS Weekly Review April 4th, 2013

LaserTech -- Field Data Collection
Bentley Systems revenues hit $550 million
April 3, 2013  by Susan Smith

Greg Bentley, CEO of Bentley Systems, last week gave an overview of the company’s financial position as a private company. The company’s focus is infrastructure, meaning “everything people build to improve our planet,” according to Mr. Bentley.

Bentley is a “no drama company” when it comes to reporting, said Mr. Bentley. In their 30th year, he said that historical GAP revenues are $550 million. These GAP revenues grew 8% percent in constant currencies, and organic growth grew by 6%.

“Since the majority of revenues are from annual subscription, 75% of our revenues from subscriptions, up from 72% in 2011, and that’s from ongoing relationships, not ‘customers,’” said Mr. Bentley.

Bentley employees (although he doesn’t like to call them employees as they are also investors in the company – “colleagues and family”) own 98% percent of Bentley Systems. They have a global profit sharing plan and a buy-back plan.

CitySourced reported on the launch of a new Smartphone app by the city of St. Charles that allows citizens to identify and report non-emergency civic issues, such as public works, quality of life, and environmental issues. This mobile reporting platform will improve how St. Charles delivers services to its neighborhoods.

“St. Charles Connect” allows a user to capture a photo, video, or audio of the problem. The user then uploads the media and, along with GPS location information pulled directly from the device, submits a report directly to the appropriate department. Once a report is submitted, feedback is provided to the user based on the action taken by the department handling the report. The application verifies that the item that is reported is within the city limits. If an issue is outside city limits a GPS tracking service from the device the sender is using will identify the location and notify the sender.

University of Denver GIS Program
Optech
Exelis VIS - Enviroment Management
Integrated Geospatial Solutions – the Future of Information Technologies


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