Bentley Systems invests in TEEC

US: Bentley Systems, Incorporated, a company into providing software solutions for sustaining infrastructure, announced a strategic relationship with The Engineering Essentials Company (TEEC) by investing in a minority equity position and by placing a Bentley representative on its board. Based in Philadelphia, Pa., TEEC is developing software to help AEC (architectural, engineering, and construction) organizations intelligently manage their engineering specifications and related codes and standards. The principals of TEEC are Leon Gorbaty, CEO, and Adam Klatzkin, CTO.

Commenting on the new investment, Bentley Systems Executive Vice President Barry Bentley said, “We are eagerly enthusiastic about the work that the TEEC team is doing to eliminate the current disconnect between design and specification management. TEEC’s development of SpecWave is an important step towards software interoperability across the infrastructure lifecycle, and we look forward to the fruits of this investment, for all project constituents.”

Commenting on SpecWave’s mission, Gorbaty said, “Codes, standards, and engineering specifications are among the most important documents in the capital facilities industry as they contain much collective industry know-how. Unfortunately, the volume of this information has become unwieldy, contributing to cost overruns, schedule overruns, and rework. SpecWave delivers a new paradigm in specification automation, managing voluminous requirements while improving efficiency and reducing duplication of content across a multitude of specification-related engineering workflows. It helps customers design, procure, and install exactly what they specified, as they specified it.”