A letter from our
Chairman and Managing Director
Rooted in a legacy of continuous achievements and strong partnerships, our journey
exemplifies the fusion of innovation and sustainability. Through pioneering collaborations
and advanced technologies, we are driving digital empowerment across the global AEC
landscape. With deep gratitude, we celebrate milestones that underscore our unwavering
commitment to excellence, laying the foundation for a future where every accomplishment
opens new horizons.
As we turn the page on another remarkable year, I am profoundly moved
by the incredible journey we have undertaken together. This year's achievements are
not just milestones; they are a powerful narrative of how collaboration, innovation, and a
shared vision can drive us to the forefront of the global Architecture, Engineering, and
Construction (AEC) industry. Through our strategic alliances and technological
advancements, we have not merely kept pace with the digital transformation of our
sector—we have led it.
This year, SoftTech has achieved remarkable milestones, reflecting our
commitment to excellence and our position as a pioneer in digital transformation within
the AEC sector. We are proud to report a robust financial performance, achieving an annual
turnover of Rs. 6,704.77 Lacs and a PAT of Rs. 579.82 Lacs. These figures are more than
just numbers; they represent our relentless pursuit of innovation, strategic partnerships,
and our ability to deliver value to our stakeholders.
Our global footprint has expanded significantly this year, marked by
key collaborations that enhance our market reach and capabilities. We are delighted to
announce the signing of a sales partnership with CGI, a testament to our growing
reputation in the USA. Additionally, our partnership with CDCI, a leading government tech
supplier in Malaysia, opens new avenues for public sector engagement.
In the United Kingdom, our successful proof of concept with three
Burrows has established a promising market presence, while in the United States, we have
activated a significant opportunity for our flagship product CivitPermit. Our geographic
expansion continues with a promising partnership with BIMAGE for CivitInfra + ACC cloud in
Malaysia, targeting a major construction house.
Innovation remains at the heart of our strategy. Our Civit platform
continues to evolve, with CivitPermit and CivitPlan reaching maturity, CivitBuild
progressing steadily, and CivitOperate taking shape to address the operational phase of
projects.
As the AEC industry rapidly adopts Building Information Modeling (BIM),
Geographic Information Systems (GIS), the Internet of Things (IoT), and AI-driven
analytics, we are at the forefront, integrating these technologies to enhance project
efficiency and collaboration. Our co-development of a smart water management system with
Mitsubishi exemplifies our commitment to sustainable solutions.
Our efforts have garnered significant recognition this year. I am
honored to share that SoftTech has been celebrated with several prestigious awards,
including a lifetime achievement award at the Digicon event and the 15th CIDC Vishwakarma
Award in the Partners in Progress category. These accolades are a testament to our
unwavering dedication to fostering progress and building strong partnerships.
Our commitment to driving smart urban solutions was further validated
by securing a top 3 ranking in the FICCI Smart Urban Innovations Awards. These accolades
are a testament to our team's hard work, the trust placed in us by our clients, and the
strong collaborations we have built within the industry.
As we look to the future, we are excited about the opportunities that
lie ahead. Our focus remains on creating even greater value for our stakeholders and
shaping the future of our industry. We are actively working with partners to build robust
Gen
AI/ML and data science capabilities within our organization, ensuring
that we stay at the cutting edge of technological advancements.
Our recent rebranding effort, including the launch of our new global
website, positions Civit as a unified platform encompassing our entire product suite. This
initiative strengthens our market presence and reinforces our brand identity as a leader
in the AECO industry.
In conclusion, the past year has been marked by substantial
achievements in partnerships, technology development, and market expansion. Our dedication
to innovation and customer-centric approach positions us for continued growth and success.
I extend my heartfelt thanks to each of you—our stakeholders,
employees, clients, and partners— for your unwavering support and confidence in our
pursuit of excellence. Together, we will continue to drive our ambitions forward and shape
the future of the AEC industry.
Thank you for your continued trust in SoftTech Engineers Limited.
Warm regards,
Mr. Vijay Gupta
Chief Executive Officer SoftTech Engineers
Limited