Bentley Acquires Optram; Adds Enterprise-Class Software for Railway Track Maintenance to Portfolio.EXTON, Pa. -- 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 Optram, Inc., a Massachusetts-based leading supplier of software for railway track maintenance. Optram's users are some of the largest freight and passenger operators in the world, including AMTRAK, CSX CSX Chessie Seaboard Multiplier (railroad transportation company) CSX Cayman Islands Stock Exchange CSX Changsha, China (Airport Code) CSX Cardiac-Specific Homeobox CSX Seaboard Coastline Railroad , New Jersey Transit The New Jersey Transit Corporation (NJ Transit) is a statewide public transportation system serving the state of New Jersey, and Orange and Rockland counties in New York. It operates bus, light rail, and commuter rail services throughout the state, notably connecting to major , Washington Metropolitan Area The Washington Metropolitan Area, formally known as the Washington-Arlington-Alexandria, DC-VA-MD-WV MSA is a U.S. Metropolitan Statistical Area (MSA) as defined by the United States Office of Management and Budget (OMB) as of November 2004. Transit Authority (WMATA WMATA Washington Metropolitan Area Transit Authority ), and the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay Rapid Transit District (BART). "Optram represents an exciting expansion of our solutions for the rail industry," said Greg Bentley, 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 Bentley Systems. "Its ORIM ORIM Office of Risk and Insurance Management family of products extends our operations and maintenance offerings with a proven and highly cost-effective solution for the rail and transit operators." Said Ted Selig, founder, CEO, and chairman of Optram, "Owner-operators of the rail infrastructure must place increasing emphasis on management strategies for their prime asset - the rail corridor. We provide unique IT capabilities to help them achieve their goals." Added Noah Eckhouse, president and COO of Optram, "As part of Bentley, we will be able to reach around the globe with our capabilities, offer a much broader array of IT services, and enable our users to take advantage of a comprehensive portfolio of rail software. At the same time, we look forward to expanding our successful relationships with other solutions providers and systems integrators to implement enterprise solutions." The Optram Railway Infrastructure Management System (ORIM) uses operational and engineering data to prioritize and schedule maintenance tasks, minimizing costs and track downtime while maximizing reliability, safety, and asset life. It integrates existing rail corridor information including work history, infrastructure condition, traffic usage, and environmental influences. Users of ORIM and its focused maintenance approach have shown a 10-23 percent reduction in maintenance costs - saving millions of dollars and generating a very significant ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). - and reductions in safety exceptions by as much as 95 percent. Other Optram users employ ORIM to develop mission-critical applications such as managing track tolerance, emergency response, and track charts. About Optram Optram, Inc., which is based in Maynard, Massachusetts, provides ORIM, the industry's leading railway infrastructure maintenance-of-way management platform. The patented solution provides rail operators, including freights, transits, short-lines, and commuters, with a proven approach to enhance operating levels of safety, reliability, and profitability. ORIM enables rail customers to transition their maintenance practices from a generalized, reactive run-to-fail approach to a highly targeted, proactive maintenance-planning model. The result is increased revenue traffic capacity without increased costs, improved system reliability, reduced maintenance occupancy and cost, and improved system safety. For more information, visit www.optram.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 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 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, BE, and Optram Railway Infrastructure Management System 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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