Record Revenues, Key Milestones, and Strategic Initiatives Are Highlighted in Bentley’s Annual Reporting to Its User Organizations
EXTON, Pa. — (BUSINESS WIRE) — April 13, 2012 — Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, today announced the release of its 2011 Annual Report, available in digital format at www.bentley.com/annualreport. The company’s performance highlights noted in this 20-page, easy-to-read, 4-megabyte publication include:
- record revenues – growing 10 percent to $523 million on historical GAAP basis,
- new milestone in investment – bringing total investment in R&D and acquisitions since the beginning of 2003 to more than $1 billion,
- Asia acceleration – with Asia revenues growing to 19 percent of total revenues from 16 percent in 2010, and revenues from Greater China doubling in the last two years,
- the breadth and depth of Bentley’s comprehensive portfolio, for information modeling through integrated projects for intelligent infrastructure.
Bentley Systems CEO Greg Bentley said, “Our purpose in providing annual reporting is to serve our investors – that is, our user organizations – by sharing with them our achievements in the year past and our priorities and strategies going forward. I strongly encourage all of our users to take a few minutes to review our annual report and also to please provide us with feedback, through their respective Bentley account representatives, on how we can better serve their needs. We value this input and consider it essential to our goal of ‘working smarter, together’ with users.”
John Jahraus, Bechtel’s Chief Technology Officer, said, “I had an opportunity to see an advanced copy of Bentley’s 2011 Annual Report. The information presented is concise and provides useful insight into Bentley’s 2011 product innovations and acquisitions, as well as the technology trends driving its current development work.”
A digital version of Bentley Systems’ 2011 Annual Report is available at www.bentley.com/annualreport.
About Bentley Systems, Incorporated
Bentley is the global leader dedicated to providing architects, engineers, geospatial professionals, constructors, and owner-operators with comprehensive software solutions for sustaining infrastructure. Bentley’s mission is to empower its users to leverage information modeling through integrated projects for high-performing 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 grown to nearly 3,000 colleagues in more than 45 countries and over $500 million in annual revenues. Since 2003, the company 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.
Bentley, the “B” Bentley logo, Be, MicroStation, and ProjectWise 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.