Bentley announces expanded Asia initiatives
Bentley Systems has moved the headquarters for its Asia operations to China and will make its Power Program subscriptions available to the Chinese audience as a continuing effort to recognize the infrastructure growth opportunities in China.
“China is experiencing an infrastructure boom of historic proportions and will invest $800 billion dollars in infrastructure over the next five years,” said Greg Bentley, CEO of Bentley Systems. “It ranks No. 3 in the $4 trillion global construction market and No. 1 in growth %%MDASSML%% growing at an astounding 11% rate.”
“We offer that there is considerable infrastructure synergy between Bentley and China,” Bentley added. “China has the firm commitment as well as abundant technical skills to improve its society through world-class infrastructure. Our software can act as a catalyst %%MDASSML%% helping to join those two and maximizing China’s success. As partners, Bentley and China’s infrastructure community can also make each other better in responding to global opportunities.”
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey