SoftTech announces its strategic investment in a Singapore-based Company, Qi Square Private Limited

Last Updated on February 23, 2023 by softtech

India: SoftTech Engineers recently announced its strategic investment in a Singapore-based Company, ‘Qi Square Private Limited’. Qi Square is a spin-off company from the Nanyang Technological University (NTU), Singapore. It brings in decades of research, experience, and knowledge on green building technologies and tools.

Qi Square operates its Building Energy management platform named BtrLyf (pronounced Better Life). Qi Square has received revered technology development grants and support from several Singapore government agencies such as the Enterprise Singapore, Building & Construction Authority (BCA), Energy Market Authority (EMA) and JTC Corporation. Also, the company has been attracting large corporate clients such as DBS Bank, Singtel and Mercatus in Singapore as well as international clients and partners such as Witteveen Bos (the Netherlands) and the Department of Energy (DOE) of the Philippines.

This strategic and technology alliance marks the combined synergies of the two companies in extending ‘BtrLyf- a Digital Built Environment’ Ecosystem platform. BtrLyf is a unified digital platform that helps the co-creation of sustainable buildings by enabling collaboration and AI-enabled assessment of green buildings and related solutions.

BtrLyf is available on an open cloud-based platform with applications specially designed to enhance the workflow and significantly lower the costs and time required to do activities such as energy/carbon analysis, technology fit analysis, green certification assessment and financial due diligence for green projects. These applications are provided to the industry in a Software-as-a-Service (SaaS) model and include EDGAR: Enhanced Digital Green Assessor, PRIA: Product Inclusion in Assessment, LISA: Listing of Industry Specialist App and GRACE: Green Auto Certification.

Commenting on this alliance; Mr. Vijay Gupta, Founder, Chairman & Managing Director at SoftTech Engineers Limited, said, in the backdrop of the need for urgent global climate action and in line with Singapore Green Plan 2030, this innovative platform will help accelerate the productivity of green projects through digitalization. He further added that Cloud-powered and AI-based platform, BtrLyf will enable acceleration of super low energy and zero energy buildings and contribute positively to the decarbonization of the built environment.

About SoftTech Engineers: A leading IT company facilitating business & technology transformation across the AEC industry through innovative software products and solutions. Equipped with 25 years of deep domain expertise and industry knowledge, SoftTech has helped more than 4500 clients in India and around the world to gain a competitive edge & lead from the front in the industry.

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