Building Information Modeling (BIM) is a digital representation of the physical and functional characteristics of a building or infrastructure. It involves creating a 3D model that encompasses geometry, spatial relationships, geographic information, and other relevant data. BIM goes beyond traditional 2D drawings by integrating various aspects of a construction project into a single digital model.

Key features of BIM include:

• Collaboration: BIM facilitates collaboration among various stakeholders involved in a construction project, including architects, engineers, contractors, and facility managers. They can work on the same model, share information, and make real-time updates.
• Visualization: BIM provides a visual representation of the entire project, allowing stakeholders to better understand the design and make informed decisions. This can enhance communication and reduce misunderstandings.
• Data Integration: BIM integrates multiple types of data into the model, including geometric data, spatial relationships, quantities, and properties of building components. This information can be used for analysis, simulations, and various project management tasks.
• Analysis and Simulation: BIM enables various analyses and simulations, such as energy performance, clash detection (identifying and resolving conflicts in the design), cost estimation, and construction sequencing. This helps in optimizing the design and construction process.
• Lifecycle Management: BIM supports the entire lifecycle of a building, from initial design and construction to operation and maintenance. This helps in better asset management and decision-making throughout the building’s life.

The adoption of BIM has become increasingly common in the architecture, engineering, and construction (AEC) industry, as it offers numerous benefits in terms of efficiency, accuracy, and collaboration throughout the entire building lifecycle.

Building Information Modeling (BIM) has a profound impact on the construction industry in several ways, revolutionizing traditional approaches to design, construction, and facility management. 

As a comprehensive BIM solution provider, we specialize in navigating the entire lifecycle of your project, seamlessly integrating cutting-edge technologies to ensure efficiency, collaboration, and excellence at every stage. HTI addresses above pain points by creating a collaborative and data-rich environment that spans the entire project lifecycle, from design and construction to facility management, ultimately enhancing efficiency, accuracy, and the overall success of construction projects. HTI’s software platform allows the following functions from the pre-construction to construction stage.

Pre-construction stage

• 2D and 3D planning
  • BIM allows for 3D modeling and visualization of the entire project, enabling stakeholders to detect clashes and errors before construction begins. This proactive approach significantly reduces the likelihood of errors, minimizes rework, and enhances overall project accuracy.

• Clash detection and fixing
  • BIM supports robust risk management by providing a platform for scenario analysis and visualization. Through virtual modeling and simulations, potential risks can be identified and mitigated before they manifest in the physical construction phase. This proactive risk management approach helps in minimizing project disruptions and associated costs.

• Collaboration between project teams

• • BIM serves as a centralized platform for information sharing. All stakeholders have access to a common data environment, ensuring that everyone is working with the same set of information. This promotes transparency, reduces the risk of miscommunication, and facilitates better decision-making across the project lifecycle.
  • BIM aids in generating accurate and up-to-date documentation, helping project teams adhere to local building codes and standards. It provides a traceable record of design and construction decisions, facilitating compliance with regulations and reducing the risk of legal issues.

Construction stage

• Project timeline planning
  • BIM spans the entire project lifecycle, offering a unified platform for project management. It streamlines workflows, enhances project visibility, and promotes collaboration, ensuring that every phase of the project is well-coordinated and efficient.

• 4D scheduling
  • BIM introduces comprehensive 3D and 4D visualization capabilities. Stakeholders can visualize the project in three dimensions, understanding spatial relationships, and, with the addition of time (4D), they can see how the project evolves over time. This enhanced visualization aids in better decision-making, communication, and understanding of the project’s intricacies.

• 5D quantities: materials planning

• • BIM enables more efficient resource management through 5D modeling, where costs and quantities are integrated. This allows for better planning and optimization of resources, minimizing wastage and ensuring a more sustainable and cost-effective construction process.

To encourage and accelerate the adoption of BIM in Asia, HTI will offer a complete package. This includes our BIM software platform along with services, training, and hands-on project management by our expert team. These services are essential in the initial phases to ensure optimal use of the technology, adherence to BIM standards, and most importantly, to train users to be self-sufficient in running BIM projects independently, reducing reliance on consultants in the future.

Size of construction industry – $12 trillion, and is one of the biggest industries in the world but has historically been among the slowest to digitize and innovate. But this is changing fast, between 2020 and 2022, $50 billion was invested in AEC tech, 85% higher than the previous 3 years as more companies move towards digitization.

The global construction tech market is worth approx. $5bn in 2023 and is expected to surpass $24bn by 2033 at a CAGR of 16.9% (reference Future Market Insights, Construction Tech Market Share, Trends & Forecast 2033 FMI).

The ASEAN construction market is poised to be one of the fastest growing construction markets in the world (SEAISI, 2022). However, the construction industry still ranks second from the bottom when it comes to technology adoption (McKinsey Global Institute) where about 96% of engineering and construction data goes unused, and 13% of working hours are spent looking for project data and information (FMI, Big Data: Questions for the E&C Industry). This presents a ripe opportunity to disrupt a largely untapped market.

• Architects, Consultants, Engineering Firms, Contractors, and Project Management Firms

We have identified a diverse range of end user segments crucial to the construction and project management ecosystem. This includes architects, consultants, engineering firms, contractors, and project management firms. Each segment plays a pivotal role in the construction lifecycle, and our solutions are tailored to meet the unique needs of each.

• Distributorship Model for Global Reach

To ensure a global footprint and efficient market penetration, we will implement a distributorship model. Collaborating with country-based distributors allows us to tap into local expertise, establish strong regional connections, and tailor our offerings to meet the specific demands of different markets.

• First Mover

HTI holds a distinctive position as a pioneer in the industry, backed by a proven track record of executing complex BIM projects and deployments. Our deep expertise in the field, demonstrated by successfully handling more than $5 billion worth of BIM projects in the region, sets us apart. Testimonials from leading construction companies further attest to the effectiveness and reliability of our solutions.

• System Advantage – Unparalleled Integration and Industry Insight 

HTI stands as the sole fully integrated solution in the current market landscape. Our unique software, developed by industry practitioners rather than just software developers without industry knowledge, sets the industry standard. This approach ensures that our system not only meets but exceeds the specific needs of construction professionals. Users can seamlessly view and interact with comments and suggestions, providing a comprehensive and user-friendly experience unparalleled by any other solution.

• Proven Expertise & Technology

Backed by a proven track record of executing complex BIM projects and deployments, HTI brings deep expertise to the field. Having successfully managed over $5 billion worth of BIM projects in the region, our software has been utilized and deployed in a diverse range of projects, including high-rise apartments, integrated mixed-use developments, 5-star hotels, data centers, hospitals, and international airports. This extensive experience showcases the reliability and adaptability of our technology in various construction scenarios.

• Accessible anywhere

The software is built on a cloud-based platform that requires no software installation and can be accessed anytime and anywhere via a browser on a desktop, tablet or mobile. This allows users to access the data on site and on to go unlike many competitors.

• No hardware required

Unlike most competitors that require expensive hardware and powerful servers to run their programs, HTI’s solution was developed to be operationally light to run on any personal device which reduces the operational cost and allows anyone in the construction team to participate.

• Zero learning curve

HTI’s solution has been developed by AEC professionals for AEC professionals and has been developed with a simple UI & UX such that stakeholders are not required to have knowledge of BIM to operate the software. This has been one of the biggest issue for BIM adoption as it requires technical expertise and intense training to learn BIM. By simplifying the BIM coordination process, HTI’s solution democratizes access to BIM and allows all contractors and consultants regardless of their BIM-readiness level to leverage on the power of BIM.

No special software or heavy hardware is needed. With our cloud technology, our servers will do all the heavy lifting and display the data on any device that has a web browser.

US $500 for 500 shares, $1 per share.

Common Stock.

FY 2024 – $5,312,000

FY 2025 – $8,466,000

FY 2026 – $11,553,600

Strategic Growth Initiatives: Cross-Sell, Upsell, and Up Size for Optimal Sales and Profitability

HTI strategic growth initiatives encompass a tiered approach to software subscriptions, allowing customers to seamlessly upgrade and access additional features. We offer add-ons for customizations and workflow integrations, enhancing the value proposition and providing opportunities for upselling. A key highlight is our BIM transformation packages, representing large-ticket items that involve setting up entire BIM infrastructures, providing hands-on training, and certifying clients to be BIM-ready. This comprehensive strategy not only maximizes sales and profitability through cross-selling, upselling, and up sizing but also reflects our commitment to continuous innovation and value addition, fostering lasting partnerships with our clients in the dynamic landscape of construction and project management.

Asset Light Strategy

• Low CAPEX investment with Continuous Improvement

Majority of the software development is already complete, featuring a fully functioning MVP that has successfully been utilized in over $5 billion worth of projects. This not only translates to lower initial capital expenditure but also positions us for ongoing efficiency. We continually enhance and improve the software on the fly with each client we embrace, ensuring that our system is always evolving and meeting the dynamic needs of the industry. This approach results in a cost-effective solution as compared to the higher development costs associated with greenfield software development projects.

• Lower operating cost

Operational team will be based in South East Asia which has a lower cost base to keep software development and maintenance cost low.

Tiffany – IR Executive

tiffany@apexcapital.asia