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EXTON, Pa. - Bentley Systems, Incorporated (Nasdaq:BSY) and EARTHBRAIN Co., Ltd. have formed a strategic partnership aimed at accelerating digital construction technologies, according to a press release issued by the companies. Bentley Systems, with a market capitalization of $15.82 billion and impressive gross profit margins of 81.26%, has been steadily growing with revenue increasing 10.45% over the last twelve months.
The collaboration expands on a 2019 partnership between Komatsu and Cesium, the 3D geospatial visualization company that Bentley acquired earlier this year. Under the new agreement, EARTHBRAIN's Smart Construction product suite will incorporate Bentley's digital twin technology to create integrated workflows spanning the construction lifecycle.
The partnership will initially focus on the Japanese market with potential for global expansion. The companies stated that the integration aims to enhance safety, productivity, and sustainability at construction sites by connecting various phases of the construction process.
EARTHBRAIN, formed in 2021 as a joint venture between Komatsu Ltd., NTT DOCOMO BUSINESS, Inc., Sony Semiconductor Solutions Corporation, and Nomura Research Institute, Ltd., currently has its Smart Construction solutions deployed at over 35,000 job sites across Japan.
"This strategic partnership marks a major milestone in accelerating the digital transformation of the construction industry from Japan to the world," said EARTHBRAIN Inc. President Akinori Onodera in the press release.
James Lee, chief operating officer at Bentley Systems, described the partnership as "a significant step forward in realizing Bentley's vision for open, integrated infrastructure solutions."
Bentley Systems, founded in 1984, provides infrastructure engineering software for transportation, water, energy, and urban development projects.
In other recent news, Bentley Systems reported impressive second-quarter earnings for 2025, surpassing expectations with an earnings per share of $0.32, compared to the forecasted $0.28. Revenue also slightly exceeded predictions, reaching $364.1 million against an anticipated $363.49 million. Rosenblatt Securities, however, downgraded Bentley Systems from Buy to Neutral due to limited upside potential at current valuation levels, despite raising the price target to $58.00. The company's subscription revenues were reported at $333.5 million, marking a 12.1% increase year-over-year. Additionally, Bentley Systems announced a quarterly cash dividend of $0.07 per share for the third quarter of 2025, payable to stockholders of record on September 23, 2025. In a strategic move, Bentley Systems will replace Western Union in the S&P MidCap 400 index. Furthermore, Bentley Systems has appointed Cate Lochead as Chief Marketing Officer, bringing extensive experience from her previous roles at Oracle and Intuit. These developments highlight Bentley Systems' active engagement in strengthening its market position and financial performance.
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