PA-BENTLEY-SYSTEMS
10.11.2022 22:44:35 CET | Business Wire | Press release
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced advancements to its construction management solution with enhancements to SYNCHRO 4D and the addition of SYNCHRO Cost and SYNCHRO Perform applications. The new advancements and portfolio expansion enable construction firms to transform how they plan, manage, and execute their projects.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221110006078/en/
Virtual construction, planning, and model-based workflows from the field to office. Image courtesy of Bentley Systems.
“SYNCHRO helps The Lane Construction Corporation have access to all our project-level data. Our field and corporate managers, along with the executives who lead them, now have timely access to critical business information through SYNCHRO,” said Andy Kaiyala, former vice president of bid development, The Lane Construction Corporation. “It is access to this information that helps improve forward-looking decision-making. Our industry has been far too reliant on backward-looking reports and analysis. It is time to start looking ahead and planning for success. SYNCHRO helps us make a plan that we can rely on.”
SYNCHRO 4D now offers advanced 4D/5D model authoring with leading-edge model-splitting tools to create constructible components, assignment of construction attributes to the model, mixed reality modeling, construction geometry placement, and web and mobile access to improve team collaboration, status updates, and progress reporting from the field. The addition of SYNCHRO Cost helps project teams control budgets and track financial progress throughout the contract with support for multicontract capture, payment application tracking, and change order management, minimizing financial risk and maximizing project profits. SYNCHRO Perform enables construction performance management including the ability to capture daily progress quantities, diaries, unplanned events, timesheets, tickets, and estimated field costs to provide the shortest cycle time for project feedback and productivity insights.
Construction firms are striving to deliver more complex projects, address resource gaps and supply chain disruptions, and manage data transparency issues while trying to win more work, manage risk, and deliver profitability. SYNCHRO’s advancements in leveraging 4D/5D models with web access for team collaboration, performance management for progress tracking and reporting, and cost management to minimize risk and maximize profits will transform the way projects are planned and delivered – with digitized workflows to address these challenges.
Leading-edge construction firms are using 4D models to build and optimize schedules and communicate sequencing and staging in a virtual environment. Digital rehearsals are a core part of their planning process to ensure resources are optimized, reducing rework and increasing safety. With the enhancements to SYNCHRO 4D, the accessibility and value of the 4D model is extended to more project stakeholders. The new capabilities improve communication and coordination of optimized plans, enabling real-time collaboration and model-based field-collected data to ensure projects stay on track.
“Construction teams need to ensure that they are in control of both the schedule and costs of their projects,” said Rich Humphrey, vice president of construction at Bentley Systems. “The addition of SYNCHRO Cost and SYNCHRO Perform extends SYNCHRO’s industry leading 4D scheduling and project management solutions to include more capabilities to help contractors manage their costs and effectively connect the planning and tracking of costs and schedule. Time is money and we want project teams to save more of both with SYNCHRO.”
SYNCHRO Cost works with SYNCHRO 4D’s model-based quantity take-off, which includes model splitting to generate constructible components complete with work breakdown structure and cost codes so that estimators can quickly and accurately generate estimates. Moreover, SYNCHRO Cost can control contract changes and simplify payment applications, tracking line items and percentage complete against a schedule of values.
SYNCHRO Cost leverages the performance data in SYNCHRO Perform so project teams can manage and leverage field performance data to gain an accurate picture of actual costs from the field to compare to planned costs and schedule, delivering a complete view of the project’s performance. These digital workflows better connect the office and job site with real-time information. Supplementing contracts and change orders with evidentiary documents and images can prove invaluable in avoiding contract disputes.
With daily, clear line-of-sight into the management of all site resources from staff, sub-contractors, and equipment, SYNCHRO Perform fills the gaps between end-of-month financial reporting cycles. And, with project leadership potentially at a disadvantage when it comes to decision-making due to delays in progress capture and errors in data entry, SYNCHRO Perform provides a timely source of truth for all performance management data and metrics, so that project leadership knows the health of every project. Construction-specific features capture daily progress quantities, diaries, unplanned events, timesheets, tickets, and estimated costs from field personnel, providing leadership with the timely data they need to make informed decisions.
SYNCHRO supports the entire heavy civil construction project lifecycle, empowering firms going digital with real-time insight into the performance, productivity, and financial health of their projects to make more-informed, data-driven decisions. Project teams stay connected and become collaborative with simple mobile and web interfaces for office-to-field workflows.
Image 1:
Caption: Virtual construction, planning, and model-based workflows from the field to office. Image courtesy of Bentley Systems.
Image 2:
Caption: Manage construction contracts, budgets, and change orders. Image courtesy of Bentley Systems.
Image 3:
Caption: Manage construction project performance, progress, and resources. Image courtesy of Bentley Systems.
Get to know SYNCHRO
Video:
https://players.brightcove.net/5209582030001/t50zJOlZh_default/index.html?videoId=6309547476112
Caption: Digital construction management for heavy civil infrastructure projects.
About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.
© 2022 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, ProjectWise, Seequent, SYNCHRO, SYNCHRO 4D, SYNCHRO Control, SYNCHRO Cost, and SYNCHRO Perform are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221110006078/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Ant International Secures Payment Institution Licence from the Central Bank of Brazil4.9.2026 16:41:00 CEST | Press release
Expanding the company’s capability to support local partners with FinAI solutions Ant International, the leading global digital payment, digitisation, and FinAI solutions provider, today announced that it has received a Payment Institution (PI) licence from the Central Bank of Brazil. “With the Central Bank's invaluable support, we are ready to step up more reliable and comprehensive global payment and account services to enterprises, platforms and SMEs in the country's dynamic digital economy, in ever deeper collaboration with its highly developed payments ecosystem and financial services industry,” said Rodrigo Reif, General Manager, Ant International Brazil. Ant International provides cross-border payments and account services, embedded credit and treasury services, and other finAI and blockchain solutions to clients across Asia, Europe and the Americas. The company processes over 20 million transactions daily, connecting 2 billion consumer accounts to 150 million global merchants v
Bending Spoons completes the acquisition of Airtable4.9.2026 14:30:00 CEST | Press release
Bending Spoons S.p.A. (NASDAQ: BSP) has completed the previously announced acquisition of Airtable, the platform used by more than 500,000 organizations to reshape how teams organize data and manage critical workflows. “Airtable continues to grow because customers value its best-in-class flexibility,” said Luca Ferrari, Bending Spoons CEO and co-founder. “Teams can bring all their data, context, and AI agents together in one place, shape their workflows around their specific needs, and progressively expand their use of the platform over time. As we take the reins, our focus will be on sustaining that growth by investing heavily in Airtable’s product, customer support, and go-to-market capabilities.” “I’m proud of what the Airtable team has built and excited to see the business enter this next chapter,” said Howie Liu, co-founder of Airtable. “I’m confident Bending Spoons has the resources and long-term perspective to help Airtable continue delivering exceptional value to its customers
EQT to acquire McGill and Partners, a leading specialty (re)insurance broker for USD 2.0 billion, from Warburg Pincus4.9.2026 13:48:00 CEST | Press release
Warburg Pincus and McGill and Partners have reached an agreement with EQT that will see Warburg Pincus sell its majority stake to EQT McGill and Partners founders, management team and colleagues will re-invest alongside EQT, retaining a meaningful ownership stake in the firm going forward as they continue to serve clients globally Maintains commitment to firm’s independent model and culture of ownership, developed organically since its founding in 2019 EQT will partner with Steve McGill and the management team to accelerate organic growth, including via talent recruitment, further development of technology and data capabilities, and expansion of innovative digital solutions EQT and McGill and Partners are pleased to announce that EQT X ("EQT") has entered into a definitive agreement to acquire a majority stake in McGill and Partners from Warburg Pincus for USD 2.0bn. Founder and Chief Executive Officer Steve McGill will continue to lead the firm, while Chairman John Lloyd will remain a
A Race Is Never Won Alone: With La Tavolata, Barilla Brings the Paddock Family Together on the Monza Grid4.9.2026 12:18:00 CEST | Press release
A nearly 100-meter-long dinner table hosted more than 200 guests for an evening celebrating collaboration, trust and the bonds built beyond competition. On Thursday evening ahead of the Formula 1® Italian Grand Prix, Barilla transformed one of the sport’s fastest and most competitive environments into a place where the Paddock Family took center stage. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260902463001/en/ La Tavolata by Barilla on the starting grid of the Monza circuit. More than two hundred people gathered around a single table: drivers, Team Principals, mechanics, engineers, strategists, safety and medical car drivers, personal trainers, tire technicians. The individuals whose collaboration, precision and trust shape every race, every decision and every performance. A nearly 100-meter table set with plates and pasta. With the first-ever Tavolata organized by Barilla and F1, people from across the Formula 1® ecosy
Aqara Showcases The New Smart Lighting Series and Immersive Smart Home Experience at IFA 20264.9.2026 11:30:00 CEST | Press release
Aqara, a global leader in IoT, today announced a new lineup of smart lighting products and a global community platform for smart space creators, at IFA 2026 in Berlin. The announcements reflect Aqara's ongoing vision for AI-driven spatial intelligence — spaces that understand their users and adapt to how people actually live in them. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260904365343/en/ Aqara Showcases The New Smart Lighting Series and Immersive Smart Home Experience at IFA 2026 The new lighting series — spanning indoor and outdoor use — integrates seamlessly with Aqara's existing ecosystem of sensors, switches, and hubs, bringing complete whole-space lighting scenarios and automated controls to life. The new Aqara products showcased include the Floor Lamp T1, LED Downlight T2, LED Strip T2, Outdoor String Lights H1, and Permanent Outdoor Lights H1. In addition, the company will present Aqara Builder, a platform fo
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
