Bentley Systems Inc, a company providing comprehensive software solutions for sustaining infrastructure has acquired Ontario, Canada-based Ivara Corporation, a provider of asset performance management (APM) software solutions for organizations in asset-intensive industries. The Ivara EXP solution – a core system mission critical to operations and maintenance, combined with a proven implementation methodology and the Aladon Network’s seasoned reliability practitioners – helps owner-operators obtain the best performance, reliability and safety from their assets. APM software supplements and leverages value in transaction-oriented enterprise asset management systems such as IBM Maximo and SAP EAM by helping to build and implement asset-specific reliability strategies.
Business benefits of Ivara EXP include maximized availability and utilization; reduced operational costs; extended asset life; structured compliance with safety, environmental, and other regulations; and the systematic capture & application of asset performance knowledge & industry best practices. Ivara EXP also provides dashboards for asset health monitoring, allows organizations to understand and manage the risks associated with equipment failures and turns the volumes of operational data into actionable information, enabling timely and accurate maintenance decisions.