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.”

  • News

No Longer Atypical

RAILWAY AGE, NOVEMBER 2020 ISSUE: CN’s Autonomous Track Inspection Program (ATIP) uses railcars equipped with sensors and artificial intelligence that automatically scan and analyze tracks while operating in revenue-service freight trains.

Bentley: New Officers, Infrastructure Awards, Microsoft Alliance

Bentley Systems, Inc., has hired three new executives for its infrastructure engineering software business and announced the honorees of its Year in Infrastructure 2020 Awards. Also, Bentley and Microsoft Corp. have expanded a strategic alliance focused on “advancing infrastructure for smart city urban planning and smart construction.”

How Digital Twins Can Transform Track Maintenance

Explore how digital twins support Big Data decisions to transform rail track maintenance and deliver safe, reliable, and resilient service. Learn how Bentley’s AssetWise application helps advance transportation organizations by going digital.

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.

CN ATIP: No Longer Atypical

Despite the dramatic nature of railroad accidents, conveying goods and passengers by rail is the safest form of ground transportation when compared to other modes. Railway owner-operators are continually finding and implementing new safety innovations that could help prevent accidents and disruptions to service.

Commentary

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.

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