Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Bentley Systems Releases 2013 Annual Report Online  Join our daily free Newsletter

MENAFN Press - 15/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) May 15, 2014 “ Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, recently announced the release of its 2013 Annual Report in digital format. In addition to reviewing the company's 2013 performance highlights, the report presents key Bentley initiatives, including its BIM advancement for better-performing infrastructure projects and assets. Effective and emerging strategies for advancing BIM are shared annually at Bentley's Year in Infrastructure Conference and showcased in Bentley's Infrastructure Yearbook.

Performance highlights include:
8% GAAP revenue growth (also 8% in constant currency) in 2013 to 593 million, with 74% of revenues from subscriptions;
Strong 2013 organic growth in BRICS, South Korea, Malaysia, Singapore, the Middle East, and the U.K., with 63% of revenues from outside the U.S.;
Application usage logged by over 1,000,000 commercial users in 165 countries;
R&D reinvestment approaching 25% of revenues;
Company ownership by colleagues increasing to 98% (from 58% in 2008);
Net debt reduction by 50% since the beginning of 2013.

According to ARC Advisory Group's "Engineering Design Tools for Plants and Infrastructure" study, released in October 2013, Bentley has achieved the #1 ranking in Electric Power Generation; Mining and Metals; Electric Power Transmission, Distribution, and Communications; Water and Wastewater Distribution; and for Engineering, Procurement, and Construction; and for Architecture, Engineering, and Construction.

Bentley Systems CEO Greg Bentley said, "Reflecting on the five years since the global financial crisis, it has become particularly clear to me that our focus on long-term investments, ingrained over 30 years as a privately held company, provides an enduring advantage. It is a testament to the importance of the work of our users “ in sustaining the world economy and our environment through infrastructure “ that our long-term efforts together have now resulted in Bentley Systems being recognized among the top 50 global software companies.

"As expressed in the 30-year perspective of our co-founder and CTO Keith Bentley, writing in our annual report about the evolving form factors of computing, there has never been a better time for us to be advancing infrastructure through software, leveraging information mobility across disciplines and throughout the infrastructure lifecycle to deliver better-performing projects and assets."

Bentley's 2013 Annual Report can be accessed at www.bentley.com/annualreport.


About Bentley Systems
Bentley is the global leader dedicated to providing architects, engineers, geospatial professionals, constructors, and owner-operators with comprehensive software solutions for sustaining infrastructure. Bentley Systems applies information mobility to improve asset performance by leveraging information modeling through integrated projects for intelligent infrastructure. Its solutions encompass the MicroStation platform for infrastructure design and modeling, the ProjectWise platform for infrastructure project team collaboration and work sharing, and the AssetWise platform for infrastructure asset operations “ all supporting a broad portfolio of interoperable applications and complemented by worldwide professional services. Founded in 1984, Bentley has more than 3,000 colleagues in 50 countries, more than 600 million in annual revenues, and since 2005 has invested more than 1 billion in research, development, and acquisitions. Founded in 1984, Bentley has more than 3,000 colleagues in over 50 countries, more than 600 million in annual revenues, and since 2006 has invested more than 1 billion in research, development, and acquisitions. Additional information about Bentley is available at www.bentley.com and in Bentley's annual report. For Bentley news as it happens, subscribe to an RSS feed of Bentley press releases and news alerts. To view a searchable collection of innovative infrastructure projects from the annual Be Inspired Awards, access Bentley's Year in Infrastructure publications. To access a professional networking site that enables members of the infrastructure community to connect, communicate, and learn from each other, visit Be Communities.To download the Bentley Infrastructure 500 Top Owners ranking, a unique global compendium of the top public- and private-sector owners of infrastructure based on the value of their cumulative infrastructure investments, visit www.bentley.com/500.

 


MENAFN Press




  MENA News Headlines
 Oct 26 2014 - Kerala nurses want to return to IraqThe Peninsula
(MENAFN - The Peninsula) Kerala nurses who have a valid work visa for Iraq are urging the state government to arrange for their return to that country to join duty. These nurses were in India on ...

 Oct 26 2014 - Blast injures three UN peacekeepers in northern MaliSaudi Press Agency
(MENAFN - Saudi Press Agency)  Three United Nations peacekeepers were injured in northern Mali on Saturday when a blast struck their convoy near the northern desert town of Kidal, the U.N. mission ...

 Oct 26 2014 - Afghan President Performs Umrah RitualsSaudi Press Agency
(MENAFN - Saudi Press Agency)  Afghan President Dr. Ashraf Ahmad performed here today Umrah rituals.Upon arrival, he was received by a number of officials. ...

 Oct 26 2014 - Minister of Foreign Affairs Makes Telephone Call with Egyptian Foreign MinisterSaudi Press Agency
(MENAFN - Saudi Press Agency)  Prince Saud Al-Faisal, Minister of Foreign Affairs, made today a telephone call with Egyptian Foreign Minister Samih Shukri.During the telephone conversation, Prince ...

 Oct 26 2014 - Saudi Abdul Latif Jameel League Results and Standings 2Saudi Press Agency
(MENAFN - Saudi Press Agency)  ------------ P - W - D - L - Pts1 Al-Shabab ---- 8 - 7- 1 - 0 - 222 Al-Nassr ----- 8 - 7 - 0 - 1 - 213 Al-Ittihad ---- 8 - 7 - 0 - 1 - 214 Al-Ahli ------ 8 - 5 - 3 - 0 ...

 Oct 26 2014 - French Ligue 1 results and standings =Saudi Press Agency
(MENAFN - Saudi Press Agency)   Results and standings French Ligue 1 (kick-off times in GMT), according to dpa:Matchday 11:Friday, October 24:Toulouse 0 Lens 2Saturday, October 25:Paris Saint Germain ...

 Oct 26 2014 - Wanderers edge Al Hilal in ACL final first legThe Peninsula
(MENAFN - The Peninsula) Australia's Western Sydney Wanderers beat Saudi Arabia's Al Hilal 1-0 to seize the early advantage in the two-leg AFC Champions League final in Sydney yesterday.Substitute ...

 Oct 26 2014 - Asian Cup 2015: Qatar to set up base in CanberraThe Peninsula
(MENAFN - The Peninsula) Qatar football team will set up their base in Canberra ten days before the kickoff of the AFC Asian Cup 2015, an official of the Qatar Football Association (QFA) said ...

 Oct 26 2014 - Qatar- Al Gharafa storm to victory, Al Ahli trounce Al Wakra in QSLThe Peninsula
(MENAFN - The Peninsula) An injury time goal from Moayad Hassan Fedaily helped Al Gharafa edge El Jaish 2-1 in the ninth round match of the Qatar Stars League (QSL) here yesterday.Fedaily had ...

 Oct 26 2014 - Qatar- GWC posts 36.8pc rise in Q3 profitThe Peninsula
(MENAFN - The Peninsula) Gulf Warehousing Company (GWC) yesterday reported a net profit of QR102.4m ($28.1m) for the third quarter (Q3) of 2014, registering a remarkable 36.8 percent growth ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help