Bentley makes the software the physical world's infrastructure is designed, built and operated in — roads, bridges, rail, water, power grids and mines. Its tools (MicroStation, OpenRoads, ProjectWise, SYNCHRO, Seequent) run on subscriptions, so ~92% of its $1.5B revenue is recurring. Founded by five Bentley brothers in 1984, the family and Siemens still control most of the stock.
What Bentley Systems, Incorporated really sells
Bentley makes the software the physical world's infrastructure is designed, built and operated in — roads, bridges, rail, water, power grids and mines. Its tools (MicroStation, OpenRoads, ProjectWise, SYNCHRO, Seequent) run on subscriptions, so ~92% of its $1.5B revenue is recurring. Founded by five Bentley brothers in 1984, the family and Siemens still control most of the stock.