Bentley Infrastructure Cloud Compounds Value of
Engineering Data; iTwin Capabilities Added to Bentley Open
Applications
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231011399850/en/
Press: Christine Byrne +1 203 805 0432
Christine.Byrne@bentley.com Follow us on Twitter:
@BentleySystems
Bentley Systems (NASDAQ:BSY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Bentley Systems (NASDAQ:BSY)
Historical Stock Chart
From Jul 2023 to Jul 2024