Bentley Systems Saw 8 Percent Growth During 2013

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Bentley Systems, Inc. a $336 million-a-year company in Exton which provides comprehensive software solutions for sustaining infrastructure, has released its 2013 annual report.

Bentley reported strong growth in South Korea, Malaysia, Singapore, the Middle East and in the UK. Although the firm is based in Exton, 63 percent of its revenues are from sales outside the U.S.

Bentley saw 8 percent growth during 2013, with 74 percent of revenues from subscriptions. The firm logged more than a million commercial users in 165 countries, and a 50 percent reduction in debt since the beginning of 2013.

“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,” said Greg Bentley, chief executive officer. “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.”

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

5.11.2014 Bentley 2Bentley’s top executives said there has never been a better time for the firm to be advancing infrastructure through software – leveraging information mobility across disciplines and throughout the infrastructure lifecycle to deliver better-performing projects and assets.

The firm was founded in 1984 and has more than 3,000 colleagues in more than 50 countries. Bentley’s full 2013 Annual Report can be accessed at Bentley 2013 Annual Report

 

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