NEWS: Siemens and Bentley target utilities

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Firms to deliver planning and design solutions for utilities sector

The first of the new offerings will integrate Bentley’s utility design and GIS capabilities with Siemens’ Power System Simulation (PSS) Suite, with specific solutions for power transmission, power distribution, and industrial facilities.

Bentley Systems chief product officer Bhupinder Singh said, “We are excited to collaborate with Siemens to help our power utilities users advance in ‘going digital.’ Siemens’ expertise in electrical power systems planning and simulation are the perfect complement to our GIS and infrastructure engineering solutions, and we will work together to bring new innovations and tangible business benefits to our users around the world.”

In November 2016 Siemens and Bentley Systems formed a strategic alliance where the two firms stated that they will initially invest at least Euro 50 million in developing joint solutions. At the same time, Siemens acquired approximately Euro 70 million of secondary shares of Bentley’s common stock.

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