Bentley Acquires CAD Applications From IFS for Plant Engineering.HOUSTON -- Bentley Systems Bentley Systems, Incorporated, provides software for the "Design, construction and operation of the world's infrastructure". The company’s software serves the building, plant, civil, and geospatial vertical markets in the areas of architecture, engineering, construction (AEC) , Incorporated today announced that it has acquired AutoCAD-based applications for process, electrical, piping, and instrumentation instrumentation, in music: see orchestra and orchestration. instrumentation In technology, the development and use of precise measuring, analysis, and control equipment. design from IFS, a leading global business applications supplier with headquarters in Linkoping, Sweden. As part of the agreement, Bentley will provide maintenance and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for more than 100 firms, located primarily in Sweden and Norway, using IFS' CAD applications. The company will establish a dedicated team in Goteborg, Sweden, headed by Bo Ottosson (formerly of IFS). The agreement extends Bentley's presence in Scandinavia, where existing Bentley users include, among others, the Swedish National Rail Administration. At the same time, it gives IFS an opportunity to explore new markets. As Michael Hallen, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of IFS, said, "This agreement with Bentley is a further step in our strategy of partnering with leading companies in the marketplace. We look forward to collaborating with Bentley worldwide to grow the market for our software in asset-intensive industries." The users of IFS' CAD applications are largely owner-operators in the power generation and pulp and paper industries The global pulp and paper industry is dominated by North American (United States, Canada), northern European (Finland, Sweden) and East Asian countries (such as Japan). Australasia and Latin America also have significant pulp and paper industries. . The products are integrated with IFS Applications, a suite of business solutions that are used in these industries mainly for asset maintenance and spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. logistics. Bentley shares with these users the goal of managing all phases of the plant lifecycle, and will offer them a planned migration from IFS' CAD applications to Bentley AutoPLANT - a solution that will let them retain tight integration with IFS Applications. "The agreement with IFS expands our solutions in Scandinavia and provides an opportunity to collaborate on selling lifecycle solutions to asset-intensive companies worldwide," said Jeff Hollings, senior vice president, Bentley Plant. "By offering a planned migration from IFS CAD to AutoPLANT, we are showing long-term commitment to IFS users in the power generation and pulp and paper industries." About IFS Applications and IFS IFS Applications offers more than 60 enterprise application components used in manufacturing, supply chain management, customer relationship management, service provision, financials, product development, maintenance, and human resource administration. IFS is a leading global business applications supplier with sales in 45 countries and more than 350,000 users worldwide. For more information, visit www.ifsworld.com. About Bentley Bentley Systems, Incorporated provides software for the lifecycle of the world's infrastructure. The company's comprehensive portfolio for the building, plant, civil, and geospatial Geospatial is a term widely used to describe the combination of spatial software and analytical methods with terrestrial or geographic datasets. The term is often used in conjunction with geographic information systems and geomatics. vertical markets spans architecture, engineering, construction (AEC AEC US Atomic Energy Commission Noun 1. AEC - a former executive agency (from 1946 to 1974) that was responsible for research into atomic energy and its peacetime uses in the United States Atomic Energy Commission ) and operations. With 2004 revenues exceeding $300 million, Bentley is the leading provider of AEC software to the Engineering News-Record Engineering News-Record (widely known as ENR) is a weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It has been published since 1874. It is owned by The McGraw-Hill Companies. Design 500 and major owner-operators. To receive Bentley press releases as they are issued, visit www.bentley.com/bentleywire. For more information, visit www.bentley.com. Bentley, the "B" logo, and AutoPLANT are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly-owned subsidiaries. Other brands and product names are trademarks of their respective owners. |
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