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Cartegraph Acquires PenBay Solutions to Enhance Infrastructure Management Tech
Friday 26 June 2020

Iowa, US-based infrastructure-focussed software company Cartegraph has acquired Maine-based facilities management and software provider PenBay Solutions, LLC, to create a platform that empowers infrastructure owners to drive high-performance operations of mission-critical assets, the company said.

Terms of the transaction were not disclosed.

Combining PenBay's location-centric facility management capabilities with Cartegraph's asset, work and resource management solutions provides public and private organisations with a truly comprehensive infrastructure management platform.

Local governments, utilities, universities and commercial campus owners can use this Esri-powered platform to manage operations and maintenance activities across their buildings and infrastructure portfolio.

In turn, software users will optimise the performance of their assets, drive efficiencies, improve space utilisation, maximise resources, and reduce costs through smarter, data-driven decisions.

By extending the power of Esri's ArcGIS platform to every facet of indoor, outdoor, above- and below-ground infrastructure management, organisations will improve the performance of their infrastructure assets, extend their useful lives and optimise resource allocation on operations and maintenance activities.

Cartegraph builds safer, more resilient and sustainable communities through better stewardship of buildings and infrastructure. They offer SaaS solutions that help government agencies, higher education institutions and businesses manage their physical assets and associated operations.

PenBay Solutions, LLC is a technology leader in using geographic information systems technology for facility management, including the extension of GIS inside the building.
Date Published: 26/06/2020