Tag: Digital Twin

Awards

Varadise’s impactful Digital Twin solutions wins the Most Innovative Award at New World Innovation Challenge 2021

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Varadise has been awarded the Most Innovative Awards in the Startup Stream at New Worlds Innovation Challenge 2021 organized by Eureka Nova.

At our first entry to the competition, Varadise is pleased to announce that we have been awarded the Most Innovative Awards in the Startup Stream at New World Innovation Challange 2021 organized by Eureka Nova | New World Group.

New World Innovation Challenge 2021 is the first multi-stream open competition that is designed to elevate innovative solutions to overcome the pitfalls in areas of Retail, Commerical Building, or Property Management with New World Group business units. With over 200 applicants, we had gone through several rounds of presentations all the way to the finales, we are very proud that we have been able to demonstrate our ideas and pitches on how we could inject AI intelligence and integrate IoT devices in different use cases with our solutions empowered by Digital Twin in Smart Facilities Management.

The possibilities are endless, we hope to bring consumer experience and retailtainment to a new height, thank you Eureka Nova | New World Group and New World Development Company Limited for this wonderful opportunity!

Awards

Varadise wins the Gold Award in the Start-Up Category in CIC Construction Digitalisation Award 2021 in Hong Kong

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Varadise is proud to announce it has been awarded the top-notch “Gold” Award for Start-Up Category in Construction Industry Council (CIC) Construction Digitalisation Award 2021.

The Award recognizes outstanding start-up company that has adopted, advanced, and achieved excellence in Digital Transformation for its contribution in the application of cutting-edge technologies about innovation that radically improves safety, productivity, quality, and sustainability, with measurable KPIs, to enhance project delivery outcomes. The judging criteria are accessed against four key attributes – Technical Execution & Benefit Realisation; Strategy & Leadership; Innovation Management & Operation; and ESG & Industry Impact and the winners were determined by a panel of twelve external judges who are esteemed locals and international industry professionals.

At Varadise, we continue to strive to be a market leader in digitalization and data management, consistently contributing to the advancement of the construction industry and Hong Kong as a smart city towards Construction 2.0. Our Varadise Twin, a Smart Site Management Platform (SSMP) built upon the latest Digital Twin technology, serves as a single source of truth to synchronize information across project teams. We have successfully worked with public and private sector clients, main-contractor, consultants, subcontractors, and other solutions vendors to bring state-of-the-art solutions to our industry.

“My goal is to work faster and better for construction projects. I always remind myself and my team, we are not an IT company, we are engineers who solve problems with new technologies ” said Ir Terence Lui, CEO of Varadise. “Digitalization is all about standardization. It is more than just buying software or installing sensors, it is about structuring your work, your data workflows, and even your business so that you can monitor and automate your works in a better way using digital technologies. “