Cartegraph Acquires PenBay Solutions, Combines Best-of-breed Infrastructure Management Tech

Acquisitions

Summary

DUBUQUE, Iowa--(BUSINESS WIRE)--Cartegraph today announced the acquisition of PenBay Solutions, LLC, a leading provider of facility management and space planning software. In turn, software users will optimize the performance of their assets, drive efficiencies, improve space utilization, maximize resources, and reduce costs through smarter, data-driven decisions. Whether it’s repaving a road or fixing a leaky faucet, maintenance crews efficiently inspect the condition of any asset, receive work assignments and track resources—like labor, equipment and materials—from anywhere. By bringing these teams and solutions together, we’re creating a powerful platform that empowers infrastructure owners to drive high-performance operations of their mission-critical assets.” All Cartegraph products are built on the foundational technology of Esri. Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, offers the most powerful geospatial cloud available, to help customers unlock the full potential of data to improve operational and business results.

Classifications

industries
Government, Public sector
applications
Engineering & Scientific

AskAI Classifications

Labels
Enterprise Asset Management Software Government Asset Management Software Infrastructure Asset Management Software

Linked Companies

Cartegraph
$10M to $25M