BSY

Bentley Systems, Incorporated is a global infrastructure engineering software company providing comprehensive software solutions for designing, building, and operating infrastructure assets. Headquartered in Exton, Pennsylvania, Bentley serves engineers, architects, contractors, fabricators, geospatial professionals, and owner-operators of infrastructure including transportation networks, utilities, industrial facilities, and buildings. The company's software spans the infrastructure lifecycle from planning and design through construction and operations, enabling digital workflows and collaboration across project stakeholders. Bentley's portfolio includes leading applications such as MicroStation (CAD platform), OpenRoads and OpenRail (transportation infrastructure design), OpenPlant (process plant design), STAAD and RAM (structural analysis), OpenBuildings (building design), and numerous other specialized applications. The company's ProjectWise collaboration platform enables teams to share models, manage workflows, and coordinate across complex infrastructure projects. Bentley's iTwin platform provides infrastructure digital twin capabilities, enabling visualization, simulation, and operational management of physical assets using real-time data integration. The software serves diverse infrastructure sectors including roads and highways, bridges, rail and transit, airports, water and wastewater utilities, power generation and distribution, telecommunications networks, oil and gas facilities, mining, and buildings. Bentley operates a subscription-based business model with over 1 million users across 186 countries. The company generates recurring revenue through software subscriptions (perpetual licenses being converted to subscriptions), support services, and professional services. Bentley went public in 2020 and has demonstrated consistent growth and profitability. The company competes with Autodesk (civil infrastructure, AutoCAD, Revit), Hexagon, Trimble, Dassault Systèmes, and other infrastructure software providers. Bentley differentiates through comprehensive infrastructure focus, interoperability across the project lifecycle, advanced collaboration and digital twin capabilities, and deep domain expertise in infrastructure workflows. The company benefits from secular trends including global infrastructure investment needs, digital transformation in construction and engineering, increasing adoption of Building Information Modeling (BIM), and infrastructure owner-operators seeking digital twins for asset management. Bentley continues expanding through organic innovation, strategic acquisitions, and growing adoption of subscription models and cloud-delivered solutions.