Recognition represents the company’s commitment to deliver intelligent asset management and capital planning solutions to the global market
CARY, N.C. & LONDON — Brightly Software, the global leader in intelligent asset management solutions, today announced it has been recognized as “a Leader” in the Verdantix Green Quadrant®: Asset Investment Planning Software 2023 report. In the report, Brightly is acknowledged for delivering advanced, all-around AIP software capabilities to the global market, including strengths in user interfaces, asset performance modelling, and long-term investment planning capabilities. The report also acknowledges Brightly’s momentum in financial resources, organizational resources, vision and commercial strategy, and partnerships.
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Brightly recently celebrated the one-year mark since its acquisition by Siemens Smart Infrastructure (SI) to deliver superior performance and sustainability for built infrastructure. Together with Siemens, Brightly continues to invest in its portfolio of asset and energy management solutions and AIP software to support organizations in making smarter, data-driven decisions to improve asset outcomes.
“As organizations face economic pressures and a heightened emphasis on ESG, capital planning and operational efficiency remain critical for organizations to make strategic decisions about asset management, maintenance and capital investment. Efficiency is everything, and with our ability to predict asset performance over 1-100 years with non-linear optimizations and industry-specific deterioration patterns, we’re supporting organizations in making optimal short- and long-term investment planning decisions,” said Kevin Kemmerer, chief executive officer at Brightly. “Being recognized as a Leader is validation of our mission to lead the way to a bright future.”
Analysis & Findings
This Verdantix Green Quadrant® report analyzes prominent AIP vendors in the market and surveys corporate users and operational efficiency decision makers. The analysis outlines key industry trends driving growth in the AIP space, including aging assets and the greater integration of KPIs within operational strategies and benefits such as improved decision-making, reduced risk, compliance with regulations and access to climate risk analysis (Source: Verdantix, Green Quadrant: AIP Software 2023). Based on market momentum and product capabilities within the Green Quadrant, Brightly earned a top position in the Leaders’ Quadrant.
“Spend on AIP software is set to grow, with providers looking to differentiate by offering end-to-end asset lifecycle capabilities, enhancing ESG capabilities, leveraging machine learning (ML) analytics, developing lightweight applications, upgrading usability and improving connectivity with other asset management solutions. Brightly Software, as a Leader in the market, is well positioned to deliver a strong AIP offering with visual what-if scenario modelling for custom long-term investment plans, test funding scenarios and manage budgets,” commented Kiran Darmasseelane, senior analyst, operational excellence at Verdantix.
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“The landscape for AIP has rapidly evolved and the report’s analysis supports our work developing a solutions portfolio to address our global clients’ greatest asset management challenges,” said Brian Bell, senior vice president, strategy at Brightly. “We’re pleased to see our innovation efforts recognized by an independent analyst firm like Verdantix and we will continue to partner with organizations on their journey toward sustainable asset lifecycle prediction and management.”
To learn more about the Verdantix “Green Quadrant: Asset Investment Planning Software 2023” report, visit www.verdantix.com. To learn more about Brightly’s offerings, visit: www.brightlysoftware.com.
About Brightly Software
Brightly, a Siemens company, enables organizations to transform the performance of their assets. As the global leader in intelligent asset management solutions, Brightly’s sophisticated cloud-based platform leverages more than 20 years of data to deliver predictive insights that help users through the key phases of the entire asset lifecycle. More than 12,000 clients of every size worldwide depend on Brightly’s complete suite of intuitive software – including CMMS, EAM, Strategic Asset Management, IoT Remote Monitoring, Sustainability and Community Engagement. Paired with award-winning training, support and consulting services, Brightly helps light the way to a bright future with smarter assets and sustainable communities. For more information, visit www.brightlysoftware.com.
TORONTO – Canada’s main stock index was up more than 250 points in late-morning trading, led by strength in the base metal and technology sectors, while U.S. stock markets also charged higher.
The S&P/TSX composite index was up 254.62 points at 23,847.22.
In New York, the Dow Jones industrial average was up 432.77 points at 41,935.87. The S&P 500 index was up 96.38 points at 5,714.64, while the Nasdaq composite was up 486.12 points at 18,059.42.
The Canadian dollar traded for 73.68 cents US compared with 73.58 cents US on Thursday.
The November crude oil contract was up 89 cents at US$70.77 per barrel and the October natural gas contract was down a penny at US2.27 per mmBTU.
The December gold contract was up US$9.40 at US$2,608.00 an ounce and the December copper contract was up four cents at US$4.33 a pound.
This report by The Canadian Press was first published Sept. 19, 2024.
Losing a loved one is never easy, and the legal steps that follow can add even more stress to an already difficult time.
For years, families in Vancouver (and Canada in general) have struggled with a complex probate process—filled with paperwork and legal challenges.
Thankfully, recent changes to Canada’s probate laws aim to make this process simpler and easier to navigate.
Let’s unearth how these updates can simplify the process for you and your family.
What is probate?
Probate might sound complicated, but it’s simply the legal process of settling someone’s estate after death.
Here’s how it works.
Validating the will. The court checks if the will is legal and valid.
Appointing an executor. If named in the will, the executor manages the estate. If not, the court appoints someone.
Settling debts and taxes. The executor (and you) pays debts and taxes before anything can be given.
Distributing the estate. Once everything is settled, the executor distributes the remaining assets according to the will or legal rules.
Probate ensures everything is done by the book, giving you peace of mind during a difficult time.
Recent Changes in Canadian Probate Laws
Several updates to probate law in the country are making the process smoother for you and your family.
Here’s a closer look at the fundamental changes that are making a real difference.
1) Virtual witnessing of wills
Now permanent in many provinces, including British Columbia, wills can be signed and witnessed remotely through video calls.
Such a change makes estate planning more accessible, especially for those in remote areas or with limited mobility.
2) Simplified process for small estates
Smaller estates, like those under 25,000 CAD in BC, now have a faster, simplified probate process.
Fewer forms and legal steps mean less hassle for families handling modest estates.
3) Substantial compliance for wills
Courts can now approve wills with minor errors if they reflect the person’s true intentions.
This update prevents unnecessary legal challenges and ensures the deceased’s wishes are respected.
These changes help make probate less stressful and more efficient for you and other families across Canada.
The Probate Process and You: The Role of a Probate Lawyer
(Image: Freepik.com)
Working with a probate lawyer in Vancouver can significantly simplify the probate process, especially given the city’s complex legal landscape.
Here’s how they can help.
Navigating the legal process
Probate lawyers ensure all legal steps are followed, preventing costly mistakes and ensuring the estate is managed properly.
Handling paperwork and deadlines
They manage all the paperwork and court deadlines, taking the burden off of you during this difficult time.
Resolving disputes
If conflicts arise, probate lawyers resolve them, avoiding legal battles.
Providing you peace of mind
With a probate lawyer’s expertise, you can trust that the estate is being handled efficiently and according to the law.
With a skilled probate lawyer, you can ensure the entire process is smooth and stress-free.
Why These Changes Matter
The updates to probate law make a big difference for Canadian families. Here’s why.
Less stress for you. Simplified processes mean you can focus on grieving, not paperwork.
Faster estate settlements. Estates are settled more quickly, so beneficiaries don’t face long delays.
Fewer disputes. Courts can now honor will with minor errors, reducing family conflicts.
Accessible for everyone. Virtual witnessing and easier rules for small estates make probate more accessible for everyone, no matter where you live.
With these changes, probate becomes smoother and more manageable for you and your family.
How to Prepare for the Probate Process
Even with the recent changes, being prepared makes probate smoother. Here are a few steps to help you prepare.
Create a will. Ensure a valid will is in place to avoid complications.
Choose an executor. Pick someone responsible for managing the estate and discuss their role with them.
Organize documents. Keep key financial and legal documents in one place for easy access.
Talk to your family. Have open conversations with your family to prevent future misunderstandings.
Get legal advice. Consult with a probate lawyer to ensure everything is legally sound and up-to-date.
These simple steps make the probate process easier for everyone involved.
Wrapping Up: Making Probate Easier in Vancouver
Recent updates in probate law are simplifying the process for families, from virtual witnessing to easier estate rules. These reforms are designed to ease the burden, helping you focus on what matters—grieving and respecting your dead loved ones’ final wishes.
Despite these changes, it’s best to consult a probate lawyer to ensure you can manage everything properly. Remember, they’re here to help you during this difficult time.
TORONTO – Canada’s main stock index was higher in late-morning trading, helped by strength in energy stocks, while U.S. stock markets also moved up.
The S&P/TSX composite index was up 34.91 points at 23,736.98.
In New York, the Dow Jones industrial average was up 178.05 points at 41,800.13. The S&P 500 index was up 28.38 points at 5,661.47, while the Nasdaq composite was up 133.17 points at 17,725.30.
The Canadian dollar traded for 73.56 cents US compared with 73.57 cents US on Monday.
The November crude oil contract was up 68 cents at US$69.70 per barrel and the October natural gas contract was up three cents at US$2.40 per mmBTU.
The December gold contract was down US$7.80 at US$2,601.10 an ounce and the December copper contract was up a penny at US$4.28 a pound.
This report by The Canadian Press was first published Sept. 17, 2024.
