Bentley Systems Acquires Australian Civil Construction Software Leader E7
EXTON, Pa.--(BUSINESS WIRE)--Feb 25, 2021--
Bentley Systems, Incorporated, (Nasdaq: BSY), the infrastructure engineering software company, today announced the acquisition of E7 Pty Ltd, a Brisbane, Australia-based leader in field-based construction delivery software for heavy civil construction. The acquisition adds capabilities to Bentley’s comprehensive project delivery solution that helps civil contractors meet the schedule and budget requirements of infrastructure investment programs.
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E7 uniquely provides project leaders with daily clear line of sight, filling the gap between each end-of-month financial reporting cycle with reporting on high-quality progress, resource usage, and cost data captured in the field daily. They can optimize resource deployments that deliver more profitable and predictable outcomes. (Photo: Business Wire)
E7 helps organizations achieve greater resource utilization and field productivity through mobile and web interfaces that transform manual, field-based tasks into digital workflows. It includes capabilities specifically designed for heavy civil construction, including daily diaries, unplanned event tracking, timesheets, dockets, daily costs, and quantity progress measurement, which enable supervisors to produce daily progress measurement reports simply and quickly.
E7’s flexible daily cost capture methods will extend Bentley’s SYNCHRO construction modeling, project management and reporting, task management, voice-based field data capture, and automation capabilities to create a comprehensive 4D construction digital twin solution. The combined capabilities enable heavy civil construction contractors to effectively optimize the utilization of field resources to stay on schedule and on budget.
“Visibility into field resource utilization is key to project profitability,” said Dustin Parkman, vice president, project delivery, Bentley Systems. “The addition of E7 to Bentley’s SYNCHRO digital construction delivery solution complements our industry-leading 4D construction modeling with field-based resource management tools that are essential for heavy civil contractors. This new combination makes possible a truly comprehensive digital construction delivery solution for heavy civil contractors everywhere.”
E7 has been deployed on over 350 projects valued at more than AUD 50 billion. On the Caloundra Road to Sunshine Motorway (CR2SM) AUD 812 million Bruce Highway Upgrade project, the Fulton Hogan Seymour Whyte joint venture uses E7 to deliver daily productivity insights and optimize resource deployment to drive better cost and schedule outcomes. E7 ensures that data from 115 subcontractors is efficiently captured and can be used with confidence for productivity tracking, progress measurement, and payment of invoices. Brad Thompson, CR2SM project director, said, “Managing a large project of this nature requires failsafe systems that ensure large volumes of information can be processed accurately and fast. The efficiency of E7 has saved our project time and money, as it minimizes errors and maximizes productivity.”
Hugh Hofmeister, E7’s chief executive officer, and Adrian Smith, E7’s chief technology officer, join Bentley as director of product management and director of product development, respectively. Hofmeister said, “After more than 10 years of working, first as Envision and then as E7, to develop the leading field-based construction delivery solution for Australian and now global projects, Adrian and I and our colleagues are excited to be joining Bentley. There is already great alignment between E7 and Bentley’s SYNCHRO team. Our shared vision will accelerate the adoption of 4D construction digital twins that will significantly benefit our users in driving more profitable and predictable project outcomes.”
Image 1: Laptop and phone display
Image 1 and 2 Caption: E7 uniquely provides project leaders with daily clear line of sight, filling the gap between each end-of-month financial reporting cycle with reporting on high-quality progress, resource usage, and cost data captured in the field daily. They can optimize resource deployments that deliver more profitable and predictable outcomes.
Image 3: Comment/photo display
Caption: Foremen are connected in the field, providing updates across the project, including daily diaries, progress, and resource cost capture to provide clear line of sight for project leaders to make data-driven decisions.
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, and industrial facilities. Our offerings include MicroStation -based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annualized revenues of more than $800 million in 172 countries. www.bentley.com
© 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, E7, iTwin, MicroStation, ProjectWise, and SYNCHRO are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.
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SOURCE: Bentley Systems, Incorporated
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PUB: 02/25/2021 07:01 PM/DISC: 02/25/2021 07:01 PM