Exton, USA: Bentley Systems, Inc., released its 2011 annual report. The report highlighted company’s revenues, key milestones and strategic initiatives:
-Revenues: Growing 10 percent to USD 523 million on historical GAAP basis
-New milestone in investment: Bringing total investment in R&D and acquisitions since the beginning of 2003 to more than USD 1 billion
-Asia acceleration: With Asia revenues growing to 19 percent of total revenues from 16 percent in 2010, and revenues from Greater China doubling in the last two years
-The breadth and depth of Bentley’s comprehensive portfolio, for information modelling through integrated projects for intelligent infrastructure.
Bentley Systems CEO Greg Bentley said, “Our purpose in providing annual reporting is to serve our investors – that is, our user organisations – by sharing with them our achievements in the year past and our priorities and strategies going forward. I strongly encourage all of our users to take a few minutes to review our annual report and also to please provide us with feedback, through their respective Bentley account representatives, on how we can better serve their needs. We value this input and consider it essential to our goal of ‘working smarter, together’ with users.”
John Jahraus, Bechtel’s Chief Technology Officer, said, “I had an opportunity to see an advanced copy of Bentley’s 2011 annual report. The information presented is concise and provides useful insight into Bentley’s 2011 product innovations and acquisitions, as well as the technology trends driving its current development work.”
A digital version of Bentley Systems’ 2011 annual report is available at, www.bentley.com/annualreport.