Seismic is a vital “signal” for Bentley Systems to add to its fastest growing business, Seequent, and can bolster its growth momentum, investors heard on the company’s latest results call with analysts.
Bentley CEO Nicholas Cumins said declining data acquisition costs and increasing seismic survey and imaging resolution meant the method was “proving increasingly essential across the broader resources sector”. Bentley’s acquisition of France’s Eliis and its “next generation seismic interpretation software” increased the company’s exposure to traditional energy customers but added an important dimension to its mining and civil platforms.
