SoftTech Bets Big on Online Building Plan Approval System

Vijay Gupta, Founder, and CEO, SoftTech Engineers Limited

As more and more states are enabling and implementing an online building plan approval system, SoftTech Engineers Limited, who has been revolutionizing the technology in the AEC domain for the last 24+ years, is gearing up for a brighter and better outlook. Its solution implemented at MCGM has contributed to the improvement in India’s EoDB global ranking. The company has been re-inventing the ways businesses are conducted in the AEC domain. No doubt, the company has already served more than 600+ customers across government bodies & smart cities; and the number is growing consistently.

Having established a strong foothold in the domestic market, the company is eyeing to expand internationally. Considering the potential of SoftTech technology globally, RIB has invested in SoftTech. RIB is a German headquartered company, holding the world's leading position in construction industry Software, and provider of MTWO cloud enterprise platform technology to the building and infrastructure industry. SoftTech has started participation in international bids for construction permits. Recently SoftTech and RIB have jointly participated in two international bids for BIM based construction permit software applications to government clients based at Singapore and Australia. One bid is pending for participation in the United States.

SoftTech has established a strong relationship with a UK based global leader in Energy management systems for buildings, and is now looking at enhancement of its Permit solutions to provide Energy ratings and audits of the buildings and plan to implement Green Building codes as an extension of its AutoDCR product. Its solution OPTICON has shown strong demand in the Malaysian market after Covid-19, as many construction companies now want automation as a basic need to manage their business rather than an option. The company is spreading its wings with a partnership with ESRI to offer its solutions jointly with their GIS City ELA solution as a box solution to cities.

With the recent launch of RuleBuddy®PlanAssistTM, SoftTech is upbeat about its revenue. Rulebuddy eliminates CAD software dependency for rule checking. After this launch, now the company looks to strengthen its mark in the private sector. Also, BIMDCR is shaping excellently and SoftTech is confident to establish this product in the Asia Pacific, UK, and the US in the year 2020-21.

Commenting on these, Vijay Gupta, Founder, and CEO, SoftTech Engineers Limited, said, “We’re constantly working to maintain our leadership position in building plan approval systems in India. Also, we are looking forward to serving the private sector with our new product RuleBuddy® PlanAssistTM. I am confident that this will help us with significant penetration in the private sector. Our partnership with RIB will contribute to our sales revenue from the international markets and help us achieve higher profits and valuations. On the whole, we shall continue to drive the Company’s Revenue and Profitability, increasing Return on Capital Employed as well as resource utilization and improving cash flows for our business backed with our strong ethical and corporate governance practices and continuous innovations.”