BuildData Group AB is a Stockholm-based technology company specializing in cloud-based software solutions for the construction and property sectors. The company provides a comprehensive suite of products and services including Zutec, a leading common data environment software for building lifecycle management; Createmaster, a digital handover and operations & maintenance (O&M) solution; and Resi-Sense, which enables property developers to manage built assets and communicate with residents. Its core offerings encompass building information modelling (BIM) related consultancy and advisory services, ISO 19650 compliance solutions, clash detection, and specialist BIM consultancy services designed to enhance construction project management and asset accuracy. BuildData Group targets property developers, asset owners, contractors, and facility management teams across the UK, Ireland, Sweden, the Middle East, and Australia.
Founded in 1999 and headquartered in Stockholm, BuildData Group has recently undergone a significant organizational change by consolidating its brands under the Zutec name as of March 2024 to streamline its product ecosystem and strengthen its position in cloud-based construction and property technology. The company completed key acquisitions including BIMsense Ltd. and DFM Systems to enhance its technological capabilities, focusing on expanding its presence through complementary and value-accretive acquisitions. Additionally, in late 2023, BuildData Group applied for and completed delisting from Nasdaq First North Growth Market following a public cash offer led by a consortium of existing shareholders. The company pursues a strategy focused on driving long-term recurring revenue through subscription SaaS models and enterprise agreements, emphasizing compliance with new building safety regulations and sustainability standards to support the digital transformation of the construction industry.
BuildData’s business model integrates software and services to provide transparency and data integrity throughout the entire building lifecycle, from design and construction through facilities management, addressing industry-wide challenges such as disorganized and duplicated building data. The strategic repositioning under the Zutec brand aims to create a digital ecosystem offering a single touchpoint for clients, enhancing compliance with regulations like the Building Safety Act and accelerating adoption of PropTech and ConTech solutions. This transformation aligns with the company's mission to improve the built environment and promote productivity, sustainability, and compliance for its customers worldwide. BuildData Group continues to focus on organic growth alongside targeted acquisitions, securing its role as a leader in digitizing one of the least digitalized sectors globally.