HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE,DATA STORAGE
Bentley Systems | November 15, 2022
At the 2022 Year in Infrastructure Conference, Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced Bentley Infrastructure Cloud, its combination of enterprise systems that span the end-to-end lifecycle and value chain of the world’s infrastructure. Powered by the iTwin Platform and Bentley’s infrastructure schemas and thus seamlessly integrating with Bentley’s engineering applications, Bentley Infrastructure Cloud will enable better creation, delivery, and ongoing operation of better infrastructure, through complete and evergreen digital twins.
Bentley Infrastructure Cloud encompasses ProjectWise, for project delivery; SYNCHRO, for construction; and AssetWise, for asset operations. These enterprise systems now leverage digital twin technologies, powered by iTwin, to open up data contained in engineering files through automated and intrinsic mapping to Bentley’s infrastructure schemas. By advancing these enterprise systems to become fundamentally data-centric without disrupting file-based workflows, Bentley Infrastructure Cloud provides user organizations with significant opportunities to improve collaboration, productivity, and quality.
Bentley’s infrastructure schemas are both open and extensible, and now link to reality modeling and IoT devices, and incorporate carbon calculation and subsurface data. The rich data representation of Bentley’s infrastructure schemas serves well the export of Industry Foundation Classes. The ability to share data seamlessly and to enrich it throughout the lifecycle helps engineering firms and owner-operators create and derive more value from their engineering data.
The potential for a unifying, cloud-based solution across the lifecycle of infrastructure engineering arises from the institutionalized limitations of fragmented information flows that have impeded connections, feedback, analytics, reuse, and knowledge transfer. Bentley Infrastructure Cloud comprises a data-centric, always on, always current, always accessible federated environment that persists and relates engineering data throughout the span of design, construction, and operations. Information mobility and semantic continuity across traditional boundaries through Bentley Infrastructure Cloud will help accelerate, among other advancements, modular design and design for constructability, and performance-based design.
Bentley’s Senior Vice President of Enterprise Systems Ken Adamson said, “Bentley Infrastructure Cloud stands for our commitment to connect everyone and everything in the infrastructure engineering value chain and extended project ecosystems. Infrastructure professionals deserve an evergreen digital twin environment for data that they can trust and act upon. I believe Bentley Systems is uniquely positioned to fulfill this requirement by virtue of the combined comprehensiveness of our ProjectWise, SYNCHRO, and AssetWise enterprise systems, our software’s intrinsic engineering fidelity, and our commitment to openness – including our unique resolve to semantically integrate the full range of relevant engineering file formats. The iTwin Platform, in becoming the robust foundation for unifying all of our software development, has been proven equal to this challenge.”
ProjectWise, Powered by iTwin
Bentley Systems also unveiled major enhancements to ProjectWise to extend its scope from work-in-progress engineering to full digital delivery. By supplementing each project’s sequential file-based workflows with data-centric information mobility and analytics across all projects:
through new project portfolio and program management capabilities, ProjectWise users can now apply analytics at the level of engineering fidelity across all projects, learn from and reuse rich project data, and retain knowledge to enhance the quality and efficiency of future projects; and
through new digital twin capabilities, ProjectWise users can undertake interdisciplinary design reviews and advanced design validation to improve the effectiveness and quality of their designs, and also increase the richness of their digital deliverables for construction and operations, to position their businesses for transformational digital services beyond handover.
Powered by iTwin:
ProjectWise leverages iTwin Capture to integrate reality modeling data, increasingly the norm, to capture and monitor the digital context of designs, geospatially coordinated with engineering data;
ProjectWise leverages Bentley’s infrastructure schemas to semantically align design-file data across multiple disciplines for comprehensive design reviews, and across all projects to understand dependencies, and to reuse datasets, including for machine-learning to develop proprietary analytics;
ProjectWise will leverage iTwin Experience to offer immersive visibility into project digital twins, assuring quality and improving performance;
ProjectWise 4D Design Review, powered by iTwin, enables users to securely share large, complex models with their entire project ecosystem, regardless of authoring applications. Reviewers can perform virtual walk-throughs, query model information, and analyze embedded property data using a simple web browser. A streamlined interface makes interdisciplinary review of 2D and 3D models easier and more accessible, and enables reviewers to see who changed what and when, through 4D visualization;
Advanced Design Validation, powered by iTwin, includes 3D digital workflows, integration with Bentley’s OpenRoads and third-party applications, and AI/ML enhanced visualization, enabling simulation of the driver experience to validate designs and assure requirements are met;
ProjectWise Components Center, a cloud-based digital component management and library service with direct integration to engineering applications, drives standardization, automation, and reuse of design objects to deliver projects faster and more reliably. Engineering firms can now leverage data from one design to another, capture lessons learned, create reusable components, and truly industrialize their project delivery expertise; and
Digital Delivery capabilities leverage digital workflows to automate and manage the creation, exchange, and review of contractual deliverables including PDFs and Industry Foundation Classes, as well as digital twins. ProjectWise users can avoid wasting time manually assembling and sending packages, reduce risk by gaining visibility and traceability in deliverables workflows, and by automatically maintaining a comprehensive audit trail.
Powered by iTwin within Bentley Infrastructure Cloud, ProjectWise for digital delivery enhances engineering firms’ opportunities while minimizing their risks, improving project performance and quality assurance. Infrastructure digital twins created in the design phase can be valuable to owner-operators as incremental project deliverables, including engineering firms’ recurring services as “digital integrators” for data quality and security, proprietary analytics, and monitoring.
Lori Hufford, vice president, engineering collaboration for Bentley Systems, commented: “Engineering firms today face unprecedented challenges to deliver more and better projects despite scarcer talent, a retiring workforce, and loss of institutional knowledge. By leveraging the iTwin Platform, we are now able to advance ProjectWise beyond engineering work-in-progress for one project at a time, to be used across all projects to maximize insights, learnings, and reuse, and for machine learning. ProjectWise users already have a wealth of project experience incorporated in their ProjectWise archives. Now as part of Bentley Infrastructure Cloud, ProjectWise can drive a necessary step-change in the efficiency, effectiveness, and transformation of engineering firms.”
AssetWise, Asset Health Monitoring Solutions, Powered by iTwin
Finally, Bentley also announced the availability of new asset-specific solutions, powered by iTwin, that leverage iTwin Experience, iTwin Capture, and iTwin IoT to deliver real-time asset health monitoring.
AssetWise Bridge Monitoring solution transforms traditional bridge inspections into a modern, digital workflow. By flying drones and using iTwin Capture to create a 3D digital twin of the bridge, inspections can be conducted virtually, avoiding costly and hazardous field trips, while tapping into expertise remotely and leveraging AI/ML to automatically identify and classify defects. Information is made available to stakeholders across the workflow via iTwin Experience. Inspection data required to correct issues can be seamlessly handed over to maintenance, design, and construction to create substantial savings.
AssetWise Dam Monitoring solution is purpose-built for engineering firms to offer digital services to dam operators who are modernizing their dam safety programs to reduce risk and address growing regulatory requirements. The upcoming solution will provide unified access to sensor data and will be able to be deployed without the need for specialized technicians. Users can incorporate sensor data in any digital twin for a contextual view of real-time data and associated metrics.
Cory Baldwin, vice president, infrastructure IoT for Bentley Systems, said, “We want to enable engineering firms to become digital integrators for the infrastructure digital twins they create in the project delivery phase, and to curate performance digital twins for owner-operators. To accelerate these opportunities, engineering firms can now start quickly with iTwin Capture, iTwin Experience, iTwin IoT, and our AssetWise monitoring cloud solutions, ready to add their own branded proprietary and asset-specific analytics and service programs.”
AssetWise Bridge Monitoring and Dam Monitoring solutions are in early access.
Bentley Infrastructure Cloud Availability
Bentley’s Chief Product Officer Michael Campbell concluded, “We are working closely with engineering firms and asset owners and clearly understand that they want innovation without disruption. With Bentley Infrastructure Cloud, users of ProjectWise, SYNCHRO, and AssetWise accelerate their generational advancement to digital twins, but don’t jeopardize their existing workflows for engineering collaboration, construction, and asset performance management. Best of all, their existing project and asset files are the springboard to their data-centric future.”
About Bentley Systems
Bentley Systems 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.
HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE,IT SYSTEMS MANAGEMENT
Oort | November 08, 2022
Oort (formerly Computecoin) is kicking off its in-house edge network, Oort Decentralized Edge Network (DEN), which aims to radically augment the scalability of Web3 infrastructure and pave the way for massive Web3 dApp deployment. Oort DEN will allow developers to easily scale applications on Web3 infrastructure without compromising reliability, latency, and durability.
Oort is building its edge network to address the most pressing pain points facing Web3 infrastructure today. "One of the biggest challenges faced by decentralized storage service providers is scalability in terms of the number of users and tasks. "The scalability problem gives rise to other issues, like latency, reliability, and the lack of essential features like google-type file searching. When decentralized storage service providers struggle to meet the industry's scalability needs, it's hard for them to compete with traditional, centralized services. Our job at Oort is to solve these problems by drastically improving Web3 infrastructure's scalability."
Dr. Max Li, Founder and CEO of Oort
Decentralized networks' nature of limited scalability dictates that most dApps built on those networks cannot provide Web2-comparable user experiences. As a result, dApps today still rely on centralized infrastructures like AWS. Oort DEN strives to help Web3 developers improve their dApps' performance by providing a collection of key functionalities such as SQL database, dynamic resource allocation (storage, compute, and bandwidth), fast file indexing and searching, and content distribution, all decentralized for internet-level scalability.
"With our targeted positioning and product-oriented strategy," Dr. Li continued, "Oort aims to onboard billions of Web2 users to Web3 applications and services. We at Oort envision a future where Web3 is widely adopted and used by everyone. That's why we're committed to pushing the limits of what's possible; we want to make this vision a reality."
Oort DEN will comprise a large number of Oort's edge node devices (called "Deimos") deployed worldwide. Deimos devices will perform all DEN functionalities at the edge, enabling massive adoption of Web3 applications. Oort is now seeking ecosystem partners to manufacture and distribute Deimos. All ecosystem partners will be carefully reviewed and selected by the Oort Foundation to guarantee the stability and security of the network.
Oort (formerly Computecoin) is a data infrastructure for the next billion Web3 users. Featuring a user-centric design, Oort offers full-service decentralized data solutions that developers and users can quickly master without knowing a thing about Web3.
HYPER-CONVERGED INFRASTRUCTURE,APPLICATION INFRASTRUCTURE
Luxcore | November 14, 2022
Luxcore emerges from stealth mode to announce and debut its latest innovation disruption, merging Internet, cloud, and blockchain technologies. On Tuesday, November 15th, 2022, Luxcore will host a global launch event, announcing its newest product and service offering for current and potential investors and members of the press. The company will reveal its decentralized cloud infrastructure (DCI) platform that leverages its long-time expertise in optical systems, chip design, and distributed, network-based, multi-level secure operating systems.
"Luxcore's decentralized cloud platform is designed to be the first cloud computing platform based on micro clouds and distributed ledger technology ("DLT"), also known today as blockchain. "Today, we are the first decentralized cloud infrastructure provider with the ability to provide managed, hosted blockchain services with cross-blockchain integration, uniquely positioning us to offer "Blockchain-as-a-Service" with an unparallel emphasis on speed and security. Ultimately, our vision is to be the "Architects of the Next Internet." And this announcement is the second major step in our journey.
Gerald Ramdeen, CEO of Luxcore
Luxcore plans to vertically integrate the entire hardware and software stack, from the network layer up through the software layer, onto a single chip that can be deployed globally wherever 5G and 6G mobile infrastructure is deployed. In addition, at the event, Luxcore will be announcing a new major strategic partnership with a Fortune 500 company, one of the industry's most respected technology service providers in cloud and blockchain technologies. This strategic partnership will allow both companies to provide secure mass data storage and transit on our Decentralized Cloud Infrastructure ("DCI") platform together as we build the next Internet for the future of finance, commerce, and mobility.
Ramdeen will unveil the DCI and "Blockchain-as-a-Service," their growth potentials, and revenue projections. This new first-of-its-kind partnership could generate $20-50 million in revenue per year beginning next year in 2023. Also, at the event, Ramdeen will be announcing Luxcore's return to the private institutional capital markets to secure institutional capital to fuel the company's expected growth.
Ultimately, our vision to be the "Architects of the Next Internet" will undoubtedly be fulfilled by our ability to integrate the entire hardware and software stack vertically. From the network layer up through the software layer onto a single chip, can now be deployed globally wherever 5G and 6G mobile infrastructure is deployed, resulting in significantly lower infrastructure costs and energy savings.
IT SYSTEMS MANAGEMENT,AWS,AZURE
Validation Cloud | December 12, 2022
Today, Validation Cloud announces the launch of Javelin, a Web3 infrastructure platform premised on three pillars: superior speeds, enterprise scale, and global resilience. With the failings of legacy infrastructure providers causing costly downtime and customer frustration, Validation Cloud is providing next generation Web3 infrastructure built to meet enterprise-scale demands.
Javelin is targeted at Web3 applications and blockchain networks that value performance, offering fast and scalable access to infrastructure. Out of the box, Javelin delivers speeds that are multiple times faster than legacy peers. In addition, Javelin benefits networks by allowing them to achieve optimal transaction throughput and accelerating developer adoption.
"Large enterprise clients tell us that legacy infrastructure providers cannot meet their scale and resilience requirements. We believe that the next billion users will be brought into Web3 by traditional enterprises, and those enterprises will require compliant enterprise-grade infrastructure. Validation Cloud is ready to support enterprises and existing Web3 segments, DeFi and gaming," said Michael Horowitz, Validation Cloud CEO.
The DeFi and gaming sectors gain unique advantages from Javelin's architecture. Faster speeds for DeFi mean superior trade execution that leads to winning arbitrage opportunities and ultimately generating more alpha for asset managers. In gaming, speed reduces lag and glitches which enables developers to have a global user base for games and increases the competitiveness of games.
Javelin's hyper-resilient platform eliminates network outages through fully automated recovery for nodes. The platform's innovative self-healing and global redundancy ensure it only takes a matter of seconds to detect nodes that are down and issue new nodes. "Javelin is a game-changer for blockchain networks. The Javelin platform is the fastest and most reliable solution to eliminate network outages and create a seamless path for networks to scale.
Andrew McFarlane, Validation Cloud CTO.
Beyond the technical innovations brought by Javelin, Validation Cloud is also pursuing rigorous compliance certifications to further cater to traditional enterprises. To that end, Validation Cloud expects to achieve SOC2 Type I by the end of the year, and SOC2 Type II during the first half of 2023.
With the initial Javelin launch, users can create an account and start connecting to Ethereum today at validationcloud.io. Contact Validation Cloud to gain access to closed access networks including Avalanche, Aptos, and Polygon.
About Validation Cloud
Validation Cloud is a Web3 infrastructure company that provides high-performance node and staking infrastructure. Validation Cloud is enabling the future of Web3 via highly resilient global scale infrastructure for networks, custodians, asset managers, and applications.