ARC Market Research Study Show Bentley’s Unique SELECT Subscription Model Is the Revenue Leader in SaaS in EDT Market

The ARC Advisory Group recently released a market study showing that Bentley’s SELECT licensing model is the market leader in the software as a service deployment model in the Engineering Design Tools (EDT) market. The ARC study segments supplier revenues generated from fees from both software licenses and services associated with the software solution. Business models vary, but typically a supplier’s standard end-user license agreement provides for an initial fee to use the product in perpetuity, based on a maximum number of concurrent users or seats. Some business models (such as Bentley’s SELECTservices) are based on software as a service (or as Bentley characterizes its offerings – software at your service) or subscription services. Software as a service can have multiple deployment models, including on-site, hosted, and on-demand (or cloud-based).

The Engineering Design Tools (EDT) market study shows Bentley as the leading SaaS supplier in that market based on revenues. According to the ARC, as projects become more complex, spanning a broad diversity of stakeholders and solutions, software as a service is likely to become the deployment model of choice.

Quote:

Andy Chatha, president and founder, ARC Advisory Group, said, “As the number and complexity of EDT and GIS applications has grown, utilization of cloud services has emerged as an efficient and effective delivery mode for many organizations, particularly for projects that are distributed across the globe and have multiple stakeholders. ARC recognized this shift early on and, in 2012, we introduced new charts looking at suppliers’ revenues for software on demand and software as a service.  Bentley Systems has successfully used this model for over a decade for the company’s SELECTservices and now accounts for nearly 75 percent of Bentley’s applications and solutions revenues.”

For more information and to procure these reports please visit arcweb.com:

Engineering Design Tools for Plants and Infrastructure – published August 22, 2014




Review Article Be the first to review this article
HP

Autodesk - DelCAM

Featured Video
Jobs
CAD Systems Administrator for KLA-Tencor at Milpitas, CA
Principal Research Mechatronics Engineer for Verb Surgical at Mountain View, CA
Senior Mechanical Engineer for Verb Surgical at Mountain View, CA
Lead Geospatial Analyst for Alion at McLean, VA
Industrial Designer Intern – Spring 2017 for Nvidia at Santa Clara, CA
Upcoming Events
SOLIDWORKS 2017 Launch Event – Walsall at Village Hotel Club, Walsall, WS2 8TJ Walsall United Kingdom - Mar 30, 2017
PI APPAREL Hong Kong 2017 at SHANGRI-LA KOWLOON 64 Mody Road Tsim Sha Tsui East Kowloon Hong Kong - Apr 5 - 6, 2017
SOLIDWORKS intro and hands on session – Slough at Baylis House, Slough, Berkshire, SL1 3PB Slough United Kingdom - Apr 7, 2017
Engineer 3D! Training + Technology Conference at Hyatt Regency Milwaukee 333 West Kilbourn Avenue Milwaukee WI - Apr 25 - 26, 2017
SolidCAM: Patented Wizard to optimal feeds & speeds
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise