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Siemens and Bentley upgrade their strategic alliance after Alliance Board meeting

August 28, 2018

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The two companies have agreed to extend their current agreement in a bid to continue to develop their joint business cooperation and commercial initiatives with funding set to be increased to €100mn from an initial €50mn in the joint innovation investment programme.

“I’m very pleased with how strong our alliance started,” said Klaus Helmrich, member of the Managing Board of Siemens AG.

“Now we are investing in the next collaboration level with Bentley, where for instance we will strengthen their engineering and project management tools with Siemens enterprise wide collaboration platform Teamcenter to create a full Digital Twin for the engineering and construction world.”

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