Matt Martino's questions to Bentley Systems Inc (BSY) leadership • Q4 2024
Question
Matt Martino asked about the impact of new AI-powered features, like those in OpenSite Plus, on renewal activity and the broader strategy for monetizing the company's growing AI portfolio.
Answer
CEO Nicholas Cumins clarified that the revenue impact from OpenSite Plus would be marginal in the current year as it is still in early access. He stated that the primary traction for AI monetization is currently coming from Bentley Asset Analytics. He sees significant long-term potential for AI to not only sustain but potentially accelerate growth, both in asset operations and project design.