Top-notch China’s PropTech Innovator: Varadise Named to the Prestigious KPMG China Top 50 List

HONG KONG, November 2022 – Varadise Limited is pleased to announce its inclusion in the 2022 KPMG China Leading PropTech 50 list. As one of the most authoritative rankings in Asia’s digital economy, this recognition solidifies Varadise’s position as a top-tier innovator driving the transformation of the construction and real estate sectors across Greater China.

The Power of External Validation: A Global Consulting Perspective

The significance of the KPMG PropTech 50 lies in its role as an independent filter for excellence. In an industry as vast and complex as China’s digital construction market, receiving validation from a global professional services firm like KPMG carries profound weight.

KPMG evaluates companies through a broader economic lens, focusing on how technology integrates with high-level business strategy. For Varadise, being selected from a pool of thousands of candidates across the region serves as a powerful, third-party confirmation of its technical maturity and its ability to deliver enterprise-grade solutions that meet the highest international standards.

Defining “Intelligent Infrastructure” across Greater China

KPMG’s selection process is renowned for its depth, looking into companies across multiple dimensions of business health and technical originality. Varadise’s inclusion in the Top 50 was driven by its success in three key areas:

• Business Model Resilience: Demonstrating the ability to scale Digital Twin solutions across large-scale, high-stakes infrastructure projects.
• Sector Empowerment: Proven capacity to help traditional AEC (Architecture, Engineering, and Construction) firms transition seamlessly into the digital age.
• Market Integration: Evidence of successful implementation within both the Hong Kong and mainland China markets, bridging the gap between localized needs and world-class technology.

“Earning a spot on the KPMG China Leading PropTech 50 list is a milestone that speaks to our regional impact,” said Terence Lui, CEO and founder of Varadise. “This recognition from a global authority like KPMG proves that our Digital Twin solutions are delivering tangible value to the most demanding stakeholders in the built environment.

Driving Industry Resilience through Standardization

A key factor in Varadise’s inclusion in the Top 50 is its contribution to overcoming the historical fragmentation of the construction industry. KPMG’s expert panel looks for enterprises that provide “systemic impact”—technologies that don’t just solve isolated problems but create a unified framework for data.

By establishing a “Single Source of Truth” through its Digital Twin platform, Varadise is enabling a paradigm shift in how infrastructure is managed. This standardization is critical for industry resilience, allowing stakeholders to mitigate risks, reduce waste, and ensure transparency across complex, multi-year project lifecycles. This ability to harmonize disparate data streams into actionable intelligence is what distinguishes Varadise as a leader in the next generation of “Intelligent Infrastructure.”

Strategic Impact Across Greater China

By integrating BIM (Building Information Modeling) and GIS (Geographic Information Systems) into a unified source of truth, Varadise is addressing the historical fragmentation of data in large-scale construction.

This accolade reflects the company’s growing influence in transforming the entire construction lifecycle—from real-time IoT oversight that enhances site safety to AI-driven analytics that empower executives with actionable insights.

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About the KPMG China Leading PropTech 50 List

The KPMG China Leading PropTech 50 is an authoritative ranking focused on the intersection of real estate, construction, and technology within China’s digital economy. The program aims to identify and showcase enterprises that excel in innovation and possess the potential to drive meaningful change in traditional industries.

By conducting rigorous on-site research and expert interviews, KPMG provides a clear roadmap for the future of PropTech and ConTech development. The list serves as a premier reference for institutional investors and corporate decision-makers seeking to partner with the most stable and innovative players in the digital transformation ecosystem.