Cimdata Logo

Industry Summary Articles

Monday, May 13, 2019

Bentley Systems Announces the Acquisition of Keynetix, Provider of Geotechnical Data Management Cloud Services

Bentley Systems, Incorporated, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, announced the acquisition of Keynetix, a UK-headquartered provider of cloud-based software for capturing, visualizing, modeling, and sharing of geotechnical data. The addition of Keynetix software expands Bentley’s geotechnical offerings and accelerates Bentley’s vision of enabling subsurface digital twins for infrastructure projects and assets. 

Subsurface digital twins can be vital for assessing and managing risks in infrastructure projects, and to the planning, design, construction and operations of infrastructure assets. The creation and curation of subsurface digital twins involves modeling the underground environment (geology, hydrology, chemistry, and engineering properties, and the underground infrastructure), and utility networks, structures, and tunnels – and then analyzing and simulating the subsurface behavior. Supplementing borehole reports managed by Bentley’s gINT software, Keynetix’s cloud-based geotechnical knowledge management system captures and manages underground environment information for Bentley’s geotechnical analysis applications, PLAXIS and SoilVision.

Mark Bevan, associate director, ground investigation data systems for UK-based Structural Soils, Ltd., a member of the RSK Group Ltd., said, “Bentley’s gINT and Keynetix’s HoleBASE software platforms are core, business critical tools within our ground investigation (GI) businesses, and have been so for more than 20 years. The acquisition of Keynetix’s modern and innovative software into the Bentley portfolio, alongside the mature and proven gINT platform, is a breath-taking and exciting landmark moment within the GI digital landscape. The rapidly growing Bentley geotechnical platform is helping to maximize the potential positives of the digital shift we are experiencing within the GI workplace. Ground investigation is truly going digital.”

Bob Mankowski, vice president and business unit executive of digital cities for Bentley Systems, said, “Infrastructure professionals know that the geologic, hydrologic, chemical and engineering properties of a potential project site, and the infrastructure assets buried beneath the soil, roads, and other structures represent some of the greatest risks to infrastructure project safety, budgets, and schedules. Having a subsurface digital twin – a 3D representation of the subsurface coupled with models to analyze and simulate behavior – will be immensely valuable in all phases of the asset lifecycle. The Keynetix team and their technology bring decades of experience and cutting-edge cloud services to Bentley’s already strong geotechnical portfolio – gINT, PLAXIS, and SoilVision – and will accelerate the progress of our vision for subsurface digital twins.”

Roger Chandler, managing director of Keynetix, said, “Today's announcement provides our team, customers, and partners with a once-in-a-lifetime opportunity to advance digital engineering in the geotechnical industry. At Keynetix, our mission has always been to make geotechnical data more broadly accessible and valuable. Today’s announcement will truly open up geotechnical data collaboration across Bentley, Autodesk, and other platforms.”

Greg Bentley, CEO for Bentley Systems, said, “My colleagues and I welcome our new teammates from Keynetix, led by principals Roger Chandler, Gary Morin, and Carl Grice, who for many years have envisioned the potential and necessity of geotechnical and geoenvironmental data management to enable better designs and more successful projects. The geotechnical and infrastructure professions will benefit from their continued and expanded leadership, now within Bentley Systems!”

To view the original press release, please click here.

Search for Bentley Systems on CIMdata.com

Search for Keynetix on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.