Bentley Systems acquires ML & IoT specialist AIworx

  • Industry News
  • Nov 21,18
The addition of AIworx brings advancements in data collection and analysis to leverage infrastructure engineering digital twins
Bentley Systems acquires ML & IoT specialist AIworx

Dubai, November 21, 2018
 
Bentley Systems Incorporated, the leading global provider of comprehensive software solutions for advancing the design, construction, and operations of infrastructure, has entered an agreement to acquire Quebec City-based AIworx Inc, 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.  
 
Andre Villemaire, Co-Founder and President of AIworx, said, “AIworx has been providing machine learning and IoT technologies and services to help organizations generate, understand, and act on data so they can make better business decisions. 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!”
 

Related Stories

Process Equipment
Modi Biotech expands ethanol production capacity with Rs 1 billion investment

Modi Biotech expands ethanol production capacity with Rs 1 billion investment

The company's existing 130 KLD grain-based ethanol distillery, accompanied by a 5 MW captive power generation plant, has already established its presence in Raipur, Chhattisgarh. Modi Biotech has re..

Read more
Auto & Auto Components
Kinetic Green and JioThings to launch connected display platforms and analytics

Kinetic Green and JioThings to launch connected display platforms and analytics

The collaboration introduces key features, such as a built-in Bluetooth and telematics-enabled device that ensures seamless connectivity.

Read more
Automation & Robotics
Quest to increase efficiency in manufacturing driving robots demand in India

Quest to increase efficiency in manufacturing driving robots demand in India

With 59 per cent increase in robot installation in 2023, India has emerged as one of the strongest growing markets. Many believes robots will be central to achieving India’s ambition of becoming a..

Read more

Related Products

Fire Alarm

INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY

Safe Zone is prominent traders and suppliers of the industry, offering a wide range of wireless fire alarm.

Read more

Request a Quote

Sorting Automation Systems

INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY

Renovus Vision Automation offers sorting automation systems.

Read more

Request a Quote

Manual Bagging System

INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY

Alligator Automations provides a wide range of manual bagging systems.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016