Asian Surveying & Mapping
Breaking News
Australia’s Gilmour Space Technologies ready to launch maiden Eris Test flight the nation’s first orbital launch in over 50 years
Gilmour Space Technologies is the leading launch services company...
Korea’s space agency seeks revision of plan to modify next-gen rockets into reusable system
South Korea's aerospace agency said on Thursday that it...
UAE Space Agency Signs Agreement With Technology Innovation Institute to Execute the Emirates Mission to the Asteroid Belt’s Lander Project
In the presence of His Highness Sheikh Hamdan bin...
Private Japanese lunar lander enters orbit around moon ahead of a June touchdown
A private lunar lander from Japan is now circling the moon, with...
Indian astronaut to travel soon to ISS as part of ISRO-NASA Mission
Prime Minister Narendra Modi said by 2040, an Indian’s...
China issues regulatory framework to support direct-to-device satellite services
HELSINKI — China has released comprehensive regulations for direct-to-device...
Astranis clinches $115 million Taiwan deal despite satellite setback
TAMPA, Fla. — Astranis has signed a $115 million...
UAE and Egypt Strengthen Space Collaboration with New MoU
In a milestone development for Arab space collaboration, the...
Seoul launches 4th spy satellite to boost North Korea surveillance
South Korea’s military now operates an increasingly integrated cluster...
Indonesia seeks space defense cooperation with Japan’s military
Jakarta (ANTARA) - The Ministry of Defense of Indonesia...

March 3rd, 2011
Bentley Advances Sustainable Licensing Through Portfolio Balancing

Through Portfolio Balancing, new purchasers of Bentley product licenses, along with existing Bentley SELECT subscribers, can annually exchange underutilized Bentley software for software of equal value (based on current list price) that meets existing or upcoming needs. As Bentley COO Malcolm Walter explained, “Over the years we have learned that our user organizations’ software needs change as their businesses change, which is a given in AEC (architecture, engineering, and construction). The mix of applications now required could be very different from the mix in use, say, five years ago.  In fact, most users depreciate their software fully after only three years.” 

Walter continued, “At Bentley, with the world’s broadest portfolio of software applications for the infrastructure professions, we would rather have our users see their Bentley software as a sound investment, not an expense. With Portfolio Balancing, our users can annually exchange their current combination of applications for a new combination of equal value. So when a user organization licenses a single application from Bentley and covers it under SELECT, it has effectively licensed access to our entire portfolio, including new and future products.

It can rest assured that as its business changes, its Bentley portfolio can change in accordance.” Walter concluded, “With Portfolio Balancing, they get a perpetually sustainable license that never depreciates. As far as we know, no other software vendor offers anything remotely similar.” Commenting on Bentley’s new licensing practice, Amy Konary, IDC research vice president, Software Licensing and Provisioning, said, “Bentley’s Portfolio Balancing is designed to provide customers with a software investment protection plan that is straightforward and flexible. With the pace of technology innovation today, any licensing approach should help ensure customers receive perpetual value from their perpetual license assets.”

www.bentley.com