Bentley Systems Announces the Acquisition of Keynetix, Provider of Geotechnical Data Management Cloud Services
Bentley Systems Announces the Acquisition of Keynetix, Provider of Geotechnical Data Management Cloud Services
PR78711
EXTON, Pennsylvania, May 14, 2019 /PRNewswire=KYODO JBN/ --
- To enable subsurface digital twin services for infrastructure projects and assets
Bentley Systems, Incorporated, the leading global provider of comprehensive
software and digital twins services for advancing the design, construction, and
operations of infrastructure, today announced the acquisition of Keynetix, a
UK-headquartered provider of cloud-based software for capturing, visualizing,
modeling, and sharing of geotechnical data. The addition of Keynetix software
expands Bentley's geotechnical offerings and accelerates Bentley's vision of
enabling subsurface digital twins for infrastructure projects and assets.
Photo -
https://mma.prnewswire.com/media/885909/Keynetix_Assessing_Risks_of_Ground_Instability_lr.jpg
Subsurface digital twins can be vital for assessing and managing risks in
infrastructure projects, and to the planning, design, construction and
operations of infrastructure assets. The creation and curation of subsurface
digital twins involves modeling the underground environment (geology,
hydrology, chemistry, and engineering properties, and the underground
infrastructure), and utility networks, structures, and tunnels – and then
analyzing and simulating the subsurface behavior. Supplementing borehole
reports managed by Bentley's gINT software, Keynetix's cloud-based geotechnical
knowledge management system captures and manages underground environment
information for Bentley's geotechnical analysis applications, PLAXIS and SoilVision.
Mark Bevan, associate director, ground investigation data systems for UK-based
Structural Soils, Ltd., a member of the RSK Group Ltd., said, "Bentley's gINT
and Keynetix's HoleBASE software platforms are core, business critical tools
within our ground investigation (GI) businesses, and have been so for more than
20 years. The acquisition of Keynetix's modern and innovative software into the
Bentley portfolio, alongside the mature and proven gINT platform, is a
breath-taking and exciting landmark moment within the GI digital landscape.
The rapidly growing Bentley geotechnical platform is helping to maximize
the potential positives of the digital shift we are experiencing within the GI
workplace. Ground investigation is truly going digital."
Bob Mankowski, vice president and business unit executive of digital cities for
Bentley Systems, said, "Infrastructure professionals know that the geologic,
hydrologic, chemical and engineering properties of a potential project site,
and the infrastructure assets buried beneath the soil, roads, and other
structures represent some of the greatest risks to infrastructure project
safety, budgets, and schedules. Having a subsurface digital twin – a 3D
representation of the subsurface coupled with models to analyze and simulate
behavior – will be immensely valuable in all phases of the asset lifecycle. The
Keynetix team and their technology bring decades of experience and cutting-edge
cloud services to Bentley's already strong geotechnical portfolio – gINT,
PLAXIS, and SoilVision – and will accelerate the progress of our vision for
subsurface digital twins."
Roger Chandler, managing director of Keynetix, said, "Today's announcement
provides our team, customers, and partners with a once-in-a-lifetime
opportunity to advance digital engineering in the geotechnical industry.
At Keynetix, our mission has always been to make geotechnical data more broadly
accessible and valuable. Today's announcement will truly open up geotechnical
data collaboration across Bentley, Autodesk, and other platforms."
Greg Bentley, CEO for Bentley Systems, said, "My colleagues and I welcome our
new teammates from Keynetix, led by principals Roger Chandler, Gary Morin, and
Carl Grice, who for many years have envisioned the potential and necessity of
geotechnical and geoenvironmental data management to enable better designs and
more successful projects. The geotechnical and infrastructure professions will
benefit from their continued and expanded leadership, now within Bentley Systems!"
Captions and images:
Keynetix.cloud geotechnical knowledge management system streamlines
geotechnical workflows and enables easy access to project data.
HoleBASE SI helps users easily enter, analyze, and visualize site investigation data.
About Bentley Systems
Bentley Systems is the leading global provider of software solutions to
engineers, architects, geospatial professionals, constructors, and
owner-operators for the design, construction, and operations of infrastructure.
Bentley's MicroStation-based engineering and BIM applications, and its digital
twin cloud services, advance the project delivery (ProjectWise) and the asset
performance (AssetWise) of transportation and other public works, utilities,
industrial and resources plants, and commercial and institutional facilities.
Bentley Systems employs more than 3,500 colleagues, generates annual revenues
of $700 million in 170 countries, and has invested more than $1 billion in
research, development, and acquisitions since 2014. From inception in 1984, the
company has remained majority-owned by its five founding Bentley brothers.
Bentley shares transact by invitation on the NASDAQ Private Market.
www.bentley.com
Bentley, the Bentley logo, AssetWise, gINT, HoleBASE, Keynetix, Keynetix.cloud,
MicroStation, PLAXIS, ProjectWise, and SoilVision 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.
Follow us on Twitter: @BentleySystems
SOURCE Bentley Systems, Incorporated
CONTACT: Jennifer Maguire, +1 610 458 2695, jennifer.maguire@bentley.com
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