Bentley Systems, Incorporated - Class B Common Stock (BSY)

Competitors to Bentley Systems, Incorporated - Class B Common Stock (BSY)

Autodesk, Inc. 

Autodesk and Bentley Systems both provide software solutions for design and engineering in sectors such as architecture, engineering, construction, and manufacturing. Autodesk's flagship products like AutoCAD and Revit are widely used in the industry, focusing on 2D design and 3D modeling, whereas Bentley emphasizes its comprehensive suite for infrastructure, including software for civil and structural engineering. While Autodesk has a strong market presence and brand recognition, Bentley's competitive advantage lies in its specialized tools for infrastructure management, enabling enhanced performance for specific engineering disciplines.

AVEVA Group plc

AVEVA specializes in engineering and industrial software, providing solutions for the design, operation, and management of infrastructure assets, similar to Bentley's offerings. Both companies target industries like oil and gas, utilities, and manufacturing, but AVEVA differentiates itself with a strong emphasis on integrated operations and asset performance. Bentley's competitive advantage lies in its comprehensive project lifecycle tools tailored for infrastructure while AVEVA excels in the operational phase, allowing both companies to coexist and compete in overlapping markets.

Esri

Esri specializes in Geographic Information System (GIS) technology, which complements Bentley's offerings by integrating location-based data and analytics into engineering and infrastructure projects. Both companies target clients in the planning and management of assets, but while Bentley focuses on engineering workflows, Esri provides powerful spatial analysis and visualization tools. Esri's competitive edge is its extensive capabilities in geospatial technology and a robust platform for location intelligence, which is increasingly important for infrastructure projects.

Hexagon AB

Hexagon AB operates in the fields of geospatial and industrial enterprise applications, offering solutions that overlap with Bentley's infrastructure management tools. Both companies enable their clients to drive digital transformation and operational efficiency in engineering projects. Hexagon holds a competitive advantage in the realm of sensing and measurement technologies, whereas Bentley provides specialized software for engineering design and project delivery. This means that while they are competitors, they also cater to different facets of the same engineering and construction market.

Trimble Inc. 

Trimble develops technology solutions for a variety of industries, including construction, agriculture, and transportation, which often sees overlap in the construction and infrastructure sectors where Bentley operates. Both companies provide software for project management, design, and data analytics, but Trimble's edge lies in their strong positioning in hardware and field data collection, making them indispensable for construction contractors who require real-time data in the field. As such, Trimble tends to cater to on-site applications while Bentley focuses more on design and planning stages.