Bentley Systems to acquire machine learning and IOT technology specialist AIworx
Bentley Systems will incorporate AIworx's machine learning and IOT tools into digital twin technology
Bentley Systems, a global provider of infrastructure software solutions, announced it will acquire Quebec City-based AIworx, a provider of machine learning and internet of things (IOT) technologies and services.
“AIworx has been providing machine learning and IoT technologies and services to help organizations generate, understand, and act on data so they can make better business decisions," said Andre Villemaire, co-founder and president of AIworx. "The biggest opportunities we’ve worked on have to do with improving infrastructure asset performance on an industrial scale, by way of the data from connected machines, instrumentation, sensors, and communications systems—and we’re excited to dedicate ourselves to that advancement. Now, by incorporating our tools into Bentley’s services for digital twins, we enable infrastructure operators to multiply the potential benefits of machine learning and IoT.”
Bentley Systems said in a press release announcing the acquisition that the addition of AIworx would bring advancements in data collection and analysis to leverage infrastructure engineering digital twins, which are continuously updated with real-time contextual information, to optimize productivity, operations, and maintenance.
“Machine learning and IoT technologies have created the opportunity for profound improvements in productivity and efficiency of infrastructure," said Francois Valois, vice president of portfolio development for Bentley Systems. "Our new colleagues from AIworx have already been delivering on this potential, and now, leveraging the analytics visibility, which Bentley’s digital twin cloud services uniquely provide, these advancements from going digital will accelerate exponentially!”