EXTON, Pa .– (BUSINESS WIRE) – Bentley Acceleration Initiatives today announced the acquisition of Nadhi Information Technologies Pvt, based in Chennai, India. Ltd., specialist in project controls, analysis and decision support for construction supply chains. Nadhi serves some of the major players in the construction industry in India, including contractors Larsen & Toubro and Kalpataru Power Transmission Ltd., real estate developers Mahindra Lifespaces and RMZ, and owner-operators DMRC (Delhi Metro) and Welspun Enterprises. Founded in 2008, Nadhi was incubated in the IIT Madras Research Park with advisors from the IIT Madras Building Technology and Construction Management faculty and the Lean Construction Institute.
Bentley Acceleration Initiatives is the internal incubator for strategic investments for Bentley Systems (Nasdaq: BSY), infrastructure engineering software business. Its goal is to bring together ecosystem partners in digital joint ventures. Nadhi brings to Bentley a critical mass of experienced professionals in the field of construction automation, attentive to the specific challenges of their region and the dynamics of the projects. This acquisition strengthens Bentley’s focus on Asia, which is experiencing huge demand for new infrastructure construction and has a keen appetite for digital workflows to help meet that need. According to Fitch Solutions Country Risk and Industry Research, while China and the United States will remain the two most profitable construction markets in the world, India and Indonesia will reach the third and fourth most profitable markets by 2029 .
Currently, project teams in Asia are often held back by conventional construction methodologies and obstacles to public cloud deployments, experiencing delays and cost overruns due to poorly coordinated schedules and lack of visibility into the state of the work. project. Project managers are looking for a solution that helps them interconnect their data silos – spanning documents, schedules, budgets, issues and risks, resources and materials – all in one environment.
Some of the best-run construction projects are now using Nadhi’s services to solve these challenges and improve their project delivery using digital workflows. Since offering lean construction consulting services in 2008, Nadhi has pioneered mobile project controls. In an offering explicitly configured for the needs of project teams in Asia, Nadhi’s nPulse software integrated project controls combine data-driven decision support and predictive analytics to give engineering and construction projects a early warning of schedule risks and potential delays in completing project planning and execution from reactive to proactive.
Dr. Ashit Gandhi, Senior Director, Accelerated Business Development, Bentley Systems, said: “We are very pleased to welcome the construction automation experts from Nadhi as colleagues from Bentley. Together, we see a significant new opportunity to help construction projects across Asia, especially linear road and rail infrastructure, ‘go digital’. Combining Nadhi’s proven project control and analytical capabilities with Bentley’s SYNCHRO 4D construction modeling and field construction delivery will enable more integrated and efficient digital workflows tailored specifically to Asian needs. .
Kalyan Vaidyanathan, CEO of Nadhi Information Technologies, said: “The entire Nadhi team is delighted to join Bentley Systems at this crucial time for the construction community in India. We look forward to deepening our capabilities in key areas of project control and expanding our reach both in India and beyond for new opportunities. We believe that, as a member of Bentley, we will be even more firmly positioned to help our users stay in control of their projects and generate insight through analytics to avoid delays and improve trust through visibility. ”
Nadhi will add around 30 colleagues; its annualized revenues and profitability are not significant and should not have a significant impact on BSY’s financial outlook for 2021.
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software business. We provide innovative software to advance global infrastructure – supporting both the global economy and environment. Our cutting-edge software solutions are used by professionals and organizations of all sizes for the design, construction and operation of roads and bridges, railways and transit, water and wastewater , public works and utilities, buildings and campuses and industrial facilities. . Our offers include MicroStationapplications based on modeling and simulation, ProjectWise for the delivery of the project, AssetWise for asset and network performance, and iTwin platform for digital infrastructure twins. Bentley Systems employs more than 4,000 colleagues and generates annual sales of more than $ 800 million in 172 countries.
© 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, Nadhi, nPulse, ProjectWise, SYNCHRO and SYNCHRO 4D are registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its wholly owned subsidiaries. direct or indirect. Nadhi and nPulse are registered trademarks of Nadhi Information Technologies Private Limited. All other brand and product names are trademarks of their respective owners.