Bentley Systems Acquires 3D Geospatial Company Cesium
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has acquired 3D geospatial company Cesium. Cesium is recognized as the foundational open platform for creating powerful 3D geospatial applications, and its 3D Tiles open standard has been widely adopted by leading enterprises, governments, and tens of thousands of application developers globally. Cesium ion, the company’s SaaS platform, brings 3D geospatial experiences to more than 1 million active devices every month, while Cesium's open-source offerings have more than 10 million downloads.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240906426926/en/
Example of a design review process leveraging the Cesium integration with iTwin Platform (Photo: Bentley Systems)
Bentley’s iTwin Platform powers digital twin solutions that are used by engineering and construction firms and owner-operators to design, build, and operate the world’s infrastructure. The combination of Cesium plus iTwin enables developers to seamlessly align 3D geospatial data with engineering, subsurface, IoT, reality, and enterprise data to create digital twins with astonishing user experiences that scale from vast infrastructure networks to the millimeter-accurate details of individual assets—viewed from land, sky, and sea, from outer space to deep below the Earth’s surface.
Bentley CEO Nicholas Cumins said, “A 3D geospatial view is the most intuitive way for owner-operators and engineering services providers to search for, query, and visualize information about infrastructure networks and assets. With the combined capabilities of Cesium and iTwin, infrastructure professionals can make better informed decisions in full 3D geospatial context—all within a single, highly performant environment.”
Patrick Cozzi, CEO of Cesium, continued, “Joining Bentley marks an important milestone for Cesium as we continue our journey to create the best developer platform for the built and natural environment—founded on open standards and open-source technologies. The combined power of our two organizations and our shared commitment to openness will provide new opportunities for growth and create greater value for an already flourishing developer ecosystem that ranges from small start-ups to global enterprises.”
An example is Komatsu, the largest construction equipment manufacturer in Japan, and the second largest in the world, which uses Cesium’s 3D geospatial technology to monitor construction sites globally, track changes over time, compare architectural plans with real-world data, and run precise and near real-time measurements. With Cesium integrated into Bentley, Komatsu gains expanded access to world-leading digital twin technology.
Chikashi Shike, executive officer, Smart Construction Promotion Division, Komatsu Ltd., commented, “Komatsu and Cesium brought novel thinking to the construction industry by leveraging advanced visualizations to deliver more precise insights and enable our customers to make better, more informed construction decisions. With Cesium as part of Bentley, we can further enrich our Smart Construction digital twins with engineering models, subsurface data, and more, for safer and more efficient construction projects.”
In addition to the widespread adoption of its platform, Cesium is also a leader in promoting open standards, such as 3D Tiles for visualizing massive 3D geospatial data, which was adopted as a community standard by the Open Geospatial Consortium (OGC) in 2019.
Peter Rabley, CEO of OGC, said, “As infrastructure sectors become more data-centric, the importance of an open ecosystem will only increase. As the leading voice for open standards and interoperability in the geospatial community, OGC welcomes the ongoing commitment of Bentley and Cesium to solve global challenges through open, interoperable platforms.”
With the acquisition, Cozzi was named Bentley’s chief platform officer, leading the development of the combined Cesium and iTwin platform offerings, reporting to Bentley’s CTO Julien Moutte.
The financial details of the transaction were not disclosed. Dechert LLP acted as legal advisor to Bentley in the transaction.
For additional executive insights, please visit the Bentley Insights & Inspirations blog and the Cesium blog.
# # #
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, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,200 colleagues generate annual revenues of more than $1 billion in 194 countries.
About Cesium
Cesium is the open platform for 3D Geospatial. Cesium created 3D Tiles, the Open Geospatial Consortium community standard for streaming massive 3D geospatial datasets. Use Cesium ion to optimize, host, and combine your data with curated global 3D content and stream to any device. With unique expertise at the intersection of 3D geospatial and computer graphics, Cesium is deeply committed to openness and interoperability through open standards, open APIs, and open source offerings like CesiumJS, Cesium for Unreal, Cesium for Unity, and Cesium for Omniverse. Originally built for Aerospace, Cesium is now used to power thousands of applications in industries like Defense, Architecture, Engineering, Construction and Operations, Commercial real estate, urban planning, and more.
© 2024 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, Bentley Infrastructure Cloud, Bentley Open, iTwin, MicroStation, ProjectWise, Seequent, 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240906426926/en/
Contacts
For more information, contact:
Bentley Press: Chris Phillips, PR@news.bentley.com
Bentley Investors: Eric Boyer, ir@bentley.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
www.businesswire.com
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Cognite Launches "Cognite Embedded" to Accelerate Innovation for Equipment Manufacturers and Industrial Software Builders10.10.2024 17:17:00 EEST | Press release
Cognite,the Data and AI authority for industry, today announced the launch of Cognite Embedded. This new offering enables Original Equipment Manufacturers (OEMs) and Industrial Software Vendors (ISVs) to accelerate time to market, drastically reduce total cost of ownership, and future-proof their digital solutions with AI-ready architectures, all through Cognite’s leading industrial data platform, Cognite Data Fusion, and low-code industrial agent workbench, Cognite Atlas AI ®. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241009752580/en/ Cognite Launches "Cognite Embedded" to Accelerate Innovation for Equipment Manufacturers and Industrial Software Builders (Photo: Business Wire) Integrating and contextualizing data is often the biggest hurdle for OEMs and ISVs. Additionally, they need to onboard new customers and roll out data-driven solutions without the high costs associated with maintaining complex custom infrastructu
KAGA FEI Develops Ultra-small Bluetooth Low Energy Module Compatible with Bluetooth 6.010.10.2024 17:00:00 EEST | Press release
KAGA FEI Co., Ltd., a global provider of leading short distance wireless modules, announced today the ES4L15BA1 Bluetooth Low Energy module. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241010420482/en/ ES4L15BA1 (Photo: Business Wire) The module has a built-in antenna and has obtained various certifications. Consequently, it reduces the development time and certification costs for next-generation wireless IoT products such as IoT devices, small medical/healthcare products, and wearable devices that require a compact form factor, enabling faster time-to-market. The ES4L15BA1 also supports channel sounding for accurate distance measurement, providing further convenience for applications requiring reliable distance information or enhanced security based on device distance information, such as unlocking devices based on their proximity. Furthermore, it supports PSA*1 certification, making it easier to develop IoT devices that
Vespa.ai Announces Support for ColPali in Retrieval Augmented Generation (RAG)10.10.2024 16:00:00 EEST | Press release
Vespa.ai, developer of the leading platform for AI applications including Retrieval-Augmented Generation (RAG), has today announced support for ColPali, a new open-source retrieval model for visually rich documents such as PDFs. ColPali enhances document retrieval by embedding entire rendered documents, including visual elements, into vector representations optimized for Large Language Models (LLMs). This reduces latency, improves accuracy, and enables more context-aware information retrieval, especially for visually rich content. By treating documents as visual entities rather than text, ColPali eliminates complex preprocessing, preserves visual context, and streamlines the RAG pipeline. Jon Bratseth, CEO and Founder, Vespa.ai: “With ColPali’s capabilities, combined with our scalable architecture and hybrid search, Vespa.ai delivers the fastest and most accurate solution for large-scale RAG and generative AI applications. Vespa is available as a service to simplify deployment further.
1NCE Has Another Record Year and Boosts Executive Team10.10.2024 15:15:00 EEST | Press release
1NCE, a company offering a software platform for connected products, today announced appointments and promotions for its executive team: Sven Adler as Chief Financial Officer, Arne Aßmann as Chief Strategy Officer, Jennifer Haag as Chief Human Resources Officer, Nicolas Martinez-Fresno as Chief Sales and Marketing Officer and Ivo Rook as Co-Chief Executive Officer. Founder Alexander P. Sator will continue as Co-Chief Executive Officer of 1NCE, focusing on corporate development while Rook focuses on guiding the company leadership team in delivering growth, quality operations and relentless execution. The company’s unique business model, powered by a strong investor base including major network operators like Deutsche Telekom and SoftBank, has positioned 1NCE as one of the fastest growing companies in the marketplace. 1NCE’s platform is increasingly recognized as a global standard in IoT, with more than 23,000 customers from 52 countries collecting data from 30 million managed endpoints
Esri Releases New Edition of Best-Selling GIS Map Design Guide10.10.2024 15:00:00 EEST | Press release
Esri, the global leader in location intelligence, today announced the publication of Designing Better Maps: A Guide for GIS Users, Third Edition. Award-winning author and cartography expert Cynthia A. Brewer draws on her sophisticated mix of experiences—performing academic research; teaching, mentoring, and collaborating with students and analysts; and working with mapmakers at federal agencies—to present this invaluable guide. With more than 400 full-color illustrations, Designing Better Maps applies design best practices to both reference and statistical mapping. The book also includes expert guidance on planning; using basemaps, scale, and time; applying type and labels, including color; customizing symbols; publishing and sharing maps; and more. For over 19 years, Designing Better Maps: A Guide for GIS Users has been essential reading for mapmakers who use geographic information system (GIS) technology across industries and sectors, including government as well as commercial, creat
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom