Industry Updates

APPOINTMENTS

General Manager for Bridges & Structural Engineering brings quarter century of experience to ACRS Board

Irene Scott, National General Manager of Bridges and Structural Engineering and a Senior Principal Engineer with pitt&sherry, joins ACRS’s Board

Australia’s leading, independent steel certifier, Australasian Certification Authority for Reinforcing and Structural Steels (ACRS), has appointed Irene Scott as Board Director. Irene brings 25 years’ experience in steel use, including as Structural Team Leader on award-winning projects, such as the New Iron Cove bridge, Hunter Expressway and the Eunony Bridge.

Dr Erin Kuo joins Yarra as Inaugural Chief Sustainability Officer

Leading Independent Australian fund manager Yarra Capital Management (Yarra) is delighted to announce the appointment of Dr Erin Kuo as the Firm’s Chief Sustainability Officer.

Based in Melbourne, Dr Kuo brings more than 15 years’ experience working within sustainability. She will lead Yarra’s corporate sustainability and work closely with Yarra’s investment teams to support best practise Environment, Social and Governance (ESG) integration into the firm’s investment processes.

Before joining Yarra, Dr Kuo ran a consulting business, advising fund managers and family offices on ESG matters. She was previously Chief Impact Officer at Impact Investment Group and held senior positions across Impact Investing Australia and

Pacific Corporate Group, the world’s largest cleantech private equity investor, where she led projects in the US, India and Australia.

Dr Kuo has previously worked as a university researcher and lecturer on sustainability measurement and social impact, and has led projects on social enterprise and impact investing for the Victorian Government and the Responsible Investment Association of Australasia. Earlier in her career she worked as a financial advisor at Morgan Stanley, building and leading community development and environmental advocacy for non-profits in the US. Dr Kuo has a BA in Environmental Science from the University of California, a PhD from Monash University, and is a previous Adjunct Fellow at the Centre for Social Impact at Swinburne University.

Dion Hershan, Executive Chairman and Head of Australian Equities at Yarra Capital Management, commented:

“We are incredibly excited to be welcoming Erin to Yarra. There has never been greater focus on ESG and sustainability matters in financial markets, and Erin’s deep experience will significantly benefit the investment solutions and expertise we can offer to our clients.”

Dr Erin Kuo, Chief Sustainability Officer, added:

“I’m thrilled to have joined Yarra Capital Management to lead the Firm’s sustainability efforts. I am incredibly passionate about deepening positive impact for people and the planet and am excited to now be working with Yarra’s investment teams to build out our sustainability capabilities and tools.”

INDUSTRY NEWS

NYSE listed Endava acquires Lexicon, Australian software developers to Coles and ANZ

Off the back of strong global growth, Endava has merged with Lexicon, dramatically increasing its local team and fast-tracking its expansion plans within the region. Global clients include Santander, BBC, boohoo, Fortnum & Mason, and other household names.

The acquisition of Lexicon enhances Endava’s existing presence in Australia and provides a strong foundation for accelerated in-market growth.

In addition, Lexicon provides Endava with a nearshore delivery location in Vietnam which complements Endava’s existing operations in Singapore and Malaysia.

The demand for digital technology and its transformative power is high, with ripe opportunities across many industries. Lexicon has made a definitive impact on the sector, and Endava is excited about the complimentary view they have on delivering value to clients in all areas of the lifecycle from product strategy through to high-quality engineering solutions.

Founded in 2016, Lexicon builds software that matters. It works with companies to build new digital businesses and accelerate the transformation of existing ones. With over 120 employees, this represents a significant expansion of Endava’s local team.

There is strong alignment on brand and business objectives, so partnering for this next phase is a brilliant opportunity for the team and clients. Endava brings unique global capabilities and frameworks that will enable accelerated growth of teams and clients.

Endava has the ambition and experience required to rapidly expand operations and is eager to be on this journey to expand the Australian offering. Together, they will be able to build on the value brought to clients by combining the skillsets of teams.

Bentley Systems’ Launches New iTwin Capabilities at YII

At Bentley Systems’ 2022 Year in Infrastructure Conference, Bentley Systems, the infrastructure engineering software company, made a series of exciting announcements related to its iTwin Platform capabilities.

• Bentley Systems Announces Bentley Infrastructure Cloud, Powered by iTwin - encompassing ProjectWise, for project delivery; SYNCHRO, for construction; and AssetWise, for asset operations. Infrastructure Cloud is a combination of its enterprise systems that span the endto-end lifecycle and value chain of the world’s infrastructure.

• Bentley Systems Launches iTwin Experience, iTwin Capture, and iTwin IoT to Extend iTwin Platform - Bentley Systems has extended the scope and interoperability of infrastructure data that engineering firms and owner operators can use to create and leverage digital twins in design, construction, and operations workflows.

» iTwin Experience - a new cloud product to empower owner-operators’ and their constituents’ insights into critical infrastructure by visualising and navigating digital twins.

» iTwin Capture - enables users to easily create engineering-ready, high resolution 3D models of infrastructure assets using drone video and survey imagery from any digital camera, scanner, or mobile mapping device.

» iTwin IoT - enables users to seamlessly incorporate Internet of Things (IoT) data created by sensors and condition monitoring devices.