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Bentley Systems Acquires Blyncsy, Adds to iTwin Ventures Portfolio

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EXTON, Pa., Sept. 1, 2023 — Bentley Systems, an infrastructure engineering software company, has acquired Blyncsy, a provider of services for departments of transportation to support operations and maintenance activities. The digital twin ecosystem focus of Bentley’s iTwin Ventures portfolio, Bentley said, is bolstered by accelerating the development and propagation of such broadly valuable infrastructure asset analytics. Bentley’s iTwin cloud platform provides instant access to large-scale data sets for visualization and insights. The platform is built on open application programming interfaces and...Read full article

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    Published: September 2023
    Glossary
    artificial intelligence
    The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning, and problem solving.
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    BusinessacquisitionAIartificial intelligencemachine visionautomotiveAmericasBentley SystemsBlyncsy

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