Bentley Systems, Incorporated, the infrastructure engineering software company, has announced that it has entered into a non-exclusive commercial agreement to strategically accelerate the adoption of Infrastructure IoT, further unlocking value for infrastructure designers, constructors, and owner-operators in their use of infrastructure digital twins.
Worldsensing is acquiring from Bentley sensemetrics’ Thread connectivity device business to expand its hardware portfolio. Bentley also becomes the lead investor in Worldsensing’s Series D capital raise. Worldsensing’s acquisition of the business will offer new options to its clients where adaptive sensor integrations or active sensor management are a key necessity.
What is the market offering of Bentley’s Thread?
Thread offers broadband sensor connectivity to uniquely connect dynamic, high-power, or high-speed sensors and stream sensor data to the cloud for analysis. Thread is a fully autonomous sensor connectivity device with optional integrated 4G/LTE cellular modem, wireless mesh networking, and battery pack in a weather resistant enclosure.
Each broadband device also serves as a gateway for wireless smart sensors. Combined with Worldsensing’s existing market-leading offerings, Thread will be a driver for new growth opportunities. Worldsensing will become a preferred sensor connectivity partner to Bentley and Bentley Systems will become a preferred IoT software partner to Worldsensing offering mutual users a best-in-class fully integrated end-to-end sensor management solution.
What does this mean for Worldsensing and Bentley?
“We are thrilled to enter into this agreement with Bentley Systems. The acquisition of sensemetrics’ Thread connectivity device business will expand our portfolio and allow us to provide more options to our customers,” said Ignasi Vilajosana, CEO of Worldsensing.
“We are pleased to become a preferred sensor connectivity partner for Bentley’s iTwin IoT digital twin cloud services, confirming our position as the reference connectivity platform for mining, construction, rail, and infrastructure monitoring,” Ignasi Vilajosana further said.
Commenting on the partnership, Justin Schmidt, Vice President, Corporate Development with Bentley Systems, said, “We are excited to partner with Worldsensing and believe that this strategic agreement will bring significant benefits to our respective user bases.”
“We are confident that the combination of Worldsensing’s expertise in IoT solutions and our leadership in infrastructure digital twin software will create a powerful offering for the market.”