Bentley Systems to acquire machine learning specialist

Bentley Systems Pty Ltd

Friday, 16 November, 2018


Bentley Systems to acquire machine learning specialist

Bentley Systems has announced it has entered an agreement to acquire Quebec City-based AIworx, Inc., a provider of machine learning and Internet of Things (IoT) technologies and services. The addition of AIworx brings advancements in data collection and analysis to leverage infrastructure engineering digital twins, continuously updated with real-time contextual information, to optimise productivity, operations and maintenance.

“AIworx has been providing machine learning and IoT technologies and services to help organisations generate, understand and act on data so they can make better business decisions,” said Andre Villemaire, co-founder and President of AIworx. “The biggest opportunities we’ve worked on have to do with improving infrastructure asset performance on an industrial scale, by way of the data from connected machines, instrumentation, sensors and communications systems — and we’re excited to dedicate ourselves to that advancement. Now, by incorporating our tools into Bentley’s services for digital twins, we enable infrastructure operators to multiply the potential benefits of machine learning and IoT.”

Francois Valois, Vice President of Portfolio Development for Bentley Systems, said, “Machine learning and IoT technologies have created the opportunity for profound improvements in productivity and efficiency of infrastructure. Our new colleagues from AIworx have already been delivering on this potential, and now, leveraging the analytics visibility, which Bentley’s digital twin cloud services uniquely provide, these advancements from going digital will accelerate exponentially.”

Image: ©stock.adobe.com/au/sittinan

Related News

IoTSF announces major update to security compliance framework

Release 2 is more applicable to industrial and medical applications, and utilises a risk-based...

IoTSF publishes IoT security architecture white paper

The IoT Security Foundation has announced a white paper that outlines the benefits of taking a...

Siemens gives half-billion-dollar software grant to UQ

Siemens announces over half a billion Australian dollars of in-kind commercial value grant of...


  • All content Copyright © 2018 Westwick-Farrow Pty Ltd