Bentley Systems

“The fund will target investments in transformational digital twin solutions supporting the design, simulation, construction, and/or operations of physical infrastructure,” said Bentley Systems.

Bentley Launches $100MM iTwin Ventures Fund

Bentley Systems, Inc., has launched a $100 million corporate venture capital fund to “invest in promising technology companies addressing the emerging opportunity for infrastructure digital twin solutions for roadways, railways, waterways, bridges, utilities, industrial facilities, and other infrastructure assets.”

CN has seven Duos Railcar Inspection Portals (rip®) currently in operation along its network.

Supply Side: CN Signs Contract with Duos, Bentley Launches Virtuosity

CN has awarded a multi-year contract to Duos Technologies, Inc., for complete North American service, support, maintenance and spare components sourcing for the seven Railcar Inspection Portals (rip®) currently in operation along its network. Additionally, engineering software firm Bentley Systems, Inc., has established Virtuosity to combine subscriptions to Bentley applications, such as OpenRail, with training and expert services.

Technology Holds the Key to Our Future Success

With around 55% of the world’s population already living in cities, and the United Nations World Urbanization Report predicting the number to rocket to in excess of 68% over the next 30 years, rail really is the only way to keep our cities moving. When you factor in the urgent need to respond to climate change and work toward meeting carbon neutral targets set by governments around the world, against a backdrop of tighter budgets, shorter deadlines, and fewer skilled people, one could be forgiven for thinking that as an industry we have an impossible task on our hands.

Bentley Acquires GroupBC

Bentley Systems, Inc., has acquired GroupBC, a U.K. SaaS software innovator. For more than 20 years, GroupBC and Bentley’s software solutions have been deployed for complementary purposes in an effort to improve project and asset information management.