SoftTech Digital Pte. Ltd., Singapore, has been selected by Florianópolis International Airport Concessionaire, Brazil

SoftTech Digital PTE Ltd., a subsidiary of SoftTech Engineers Limited, and Florianópolis International Airport Concessionaire have signed a software supply agreement recently. According to the agreement, SoftTech will conduct the development of a Digital Twin for energy use optimization in collaboration with IESVE Singapore Pte Ltd., a subsidiary of IES Ltd., UK.

SoftTech is a leading provider of cutting-edge technology products & solutions for the construction and civil infrastructure sector, helping digitally transform the AEC industry, while Florianópolis International Airport Concessionaire, branded Floripa Airport, is the airport serving Florianópolis, Brazil.

SoftTech will leverage its cutting-edge deep domain expertise and 25+ years of AEC (Architecture, Engineering and Construction) industry knowledge to develop a robust operational Digital Twin of the pilot area of Floripa Airport. This digital twin would help resolve airport building system issues to optimize cost and energy savings. The digital twin will enable balancing the critical factors of energy use management with passenger comfort.

Commenting on the partnership, Mr. Vijay Gupta, CEO and Founder at SoftTech said, "the use of advanced technologies such as Digital Twins powered by AI & ML continues to revolutionize how today's airports operate. The ability to effectively identify and correct building system issues to achieve optimal building performance will depend on the airport's level of digitalization. The development of this digital twin for Floripa Airport will help identify and quantify the potential for energy savings and reduce carbon footprints."

Shares of Softtech Engineers Limited was last trading in BSE at Rs. 166.50 as compared to the previous close of Rs. 165.00. The total number of shares traded during the day was 1 in over 1 trades.

The stock hit an intraday high of Rs. 166.50 and intraday low of 166.50. The net turnover during the day was Rs. 166.00.

Source : Equity Bulls

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