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Our Points
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Tuesday, October 13. 2009
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Bentley Systems' CEO Comments on Economic Outlook
At a press conference today, concurrent with the BE Inspired Awards Conference in Charlotte, North Carolina, Bentley Systems CEO, Greg Bentley, commented on his observations of the economic climate for his company and whether stimulus money provided by countries worldwide was having a positive impact for his business. "Stimulus is helping…but, infrastructure professionals are having a hard time. We are not seeing any upturn. Remember, infrasturure isn't for stimulus but it is for sustaining, said Bentley. 'Projects that are shovel-ready have already had their design work."
Bentley's remarks were based on the fact that the company can track software usage and that those usage levels were down at this time.
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