25 May 2022 | News

Zutec Builds Digital Solution for Part L 2021 Photographic Evidence Compliance

One tool to overcome the challenge of capturing, recording, marking-up, tracing back and easily sharing geo-located photographic evidence through the house build stage

 

London, UK—25th May 2022:  From 15th June 2022, housebuilders and developers in England and Wales will be required to provide qualitative photographic evidence that demonstrates that new homes produce 31% less CO2 emissions compared to the current requirements. This is to comply with the uplifted Part L standard (or Approved Document L 2021) of the UK’s Building Regulations, which comes into force to drive further energy efficiencies in new builds. To enable geo-located photos to be captured properly, correctly labelled, centrally stored and traced back to a property before being submitted to the assessor for sign off, Zutec, the leading quality management platform and client CDE for housebuilders and developers, has built a customisable solution available today to help customers stay ahead of the Part L requirement.

“From speaking to our customers, one challenge they have today as Part L 2021 comes into play is having one tool or app that works on site from any device, whether or not there is a WIFI or data connection available, that allows them to take and record geo-located photographic evidence of a new home’s insulation or installation, to demonstrate compliance to Part L 2021,” said Emily Hopson-Hill, Chief Operating Officer at Zutec.

“Working with our customers we have built a solution that can be integrated into a site quality management programme that enables geo-referenced photos to be captured from any device with or without a data connection. Zutec provides the functionality for those photos to be marked up, complemented with supporting documentation, stored centrally within the platform, traced back to a location and property, and easily shared with team members, inspectors or assessors during the build stage via customisable workflows. Once the SAP assessor has reviewed evidence it can be approved or sent back with feedback, so if work is not up to standard it can be remediated before the build completes. This speeds up the process, ahead of the EPC and the BREL report being released and avoids retrofitting new homes, which is timely and costly.  A first for the sector, Zutec can be configured quickly to adapt to changing regulations and helps housebuilders take additional steps towards quality assurance, traceability and accountability,” continued Hopson-Hill.

Simple and easy to use, Zutec can be up and running quickly due to its complete configurability, and provides an efficient and effective way to evidence compliance to this and other upcoming building regulations—providing a single source of truth so that housebuilders can demonstrate they are using the most efficient products and materials to build energy-efficient homes. With the more rigorous Future Homes and Future Building Standard coming into force in 2025, which moves towards carbon neutral new homes and requirements to reduce emissions by 75-80%, Zutec provides a digital first step to help housebuilders evidence compliance that can lead to a one stop shop for Quality Management.

To find out more about Zutec’s Part L solution or receive a demo, please reach out to us at contact@zutec.com, and one of our experienced team will be in touch.

1 Jan 2022 | News

Zutec Welcomes sister company Bond Bryan Digital

Starting of the new year with some exciting news!

We are pleased to confirm the addition of Bond Bryan Digital Limited [BBD] to the BuildData Group, alongside the other group brands: Zutec and Createmaster. Bond Bryan Digital are market leaders in the provision of consultancy and advice related to ISO19650 & BIM structured data.

Headed up by Rob Jackson and Emma Hooper, BBD specialise in offering Information Management, Clash Detection and specialist BIM consultancy services to both Clients and Contractors and have established themselves as a leading-edge consultancy in the rapidly expanding UK Digital Construction space by supporting clients to both define & deliver their information requirements.

The addition of the BBD team extends the BuildData ability to provide full digital data support throughout the building life-cycle to all our customers.

Find out more about Bond Bryan Digital Here : https://www.bondbryandigital.co.uk/

21 Jul 2021 | News

Review of New Civil Engineer’s event: The Future Of Rail

New Civil Engineer’s Future of Rail virtual event took place on Thursday 15th July, exploring the post Covid-19 role of the railway, and assessing innovative opportunities in the sector.

Watched by 200 online attendees, sessions covered critical issues such as climate change, the importance of electrifying UK rail, and the true value of digital twins in asset management.

The impressive line-up of speakers included Mike Smith, Programme Director of Restoring Your Railway at Network Rail; Maria Cliff, Head of Operations at East West Rail; Lawrence Shackman, Head of Rail Projects and Technical Services at Transport Scotland; and our own Tom Boland, Head of Digitisation at Zutec.

Tom shared his knowledge of digital twins during the session entitled: World-leading approach to using digital in infrastructure construction.

As Silver Sponsors of the event, Zutec were delighted to host this 15-minute presentation and Q&A session, in the expert company of Peter Ruff, Head of BIM for SCS Railways on the HS2 project, and Dr Anita Soni, Deputy Head of BIM at SCS Railways and Skanska Infrastructure.

 

SCS and Zutec session: Digital processes driving up quality

This practical session provided a deep-dive into how SCS – the joint venture between Skanska, Costain and STRABAG – is delivering the 250k southern section of the £106bn HS2 railway, by engaging fully with HS2’s big digital ambitions.

Facilitated by the Zutec BIM platform, SCS and HS2 are together connecting the digital model of the southern section between London and Birmingham, with the quality control and inspection documentation. It’s a ground-breaking digital twin project that will benefit stakeholders, from the engineers and suppliers on site, to end users of the completed railway.

 

Thinking of the end at the start

The presentation showed how connecting the engineering data and quality documentation with real-time reporting is benefitting the entire project, culminating in the automated and efficient handover of structured data at completion.

The panel enlightened the audience on how higher quality and more accurate inspection and quality control records can be stored in a digital twin, and passed over to the client to maintain the railway during the operational phase.

 

One source of the truth

It was emphasised that ‘making life easier’ is the core objective of this digital twin strategy. With 5 million quality checklists digitised through the Zutec platform, it has been possible to provide multiple stakeholder groups with one source of the truth. Pre-populated forms save time, site inspections are streamlined and audit trails are reliable and transparent. Overall, there are health and safety, time, cost, data security, environmental and quality benefits, from deploying this digital information flow.

 

Digital Twin benefits in action

Further insights were provided into how the supply chain is given a helping hand with digital twin technology on a project like this. Suppliers have access to the BIM data lake, for example, as well as real time progress and information tracking. Expectations can be tightly managed and suppliers can plan ahead with ease.

Tom, Peter and Anita also touched on ‘getting people on board’ saying that, to date, the system has been successfully rolled out to 550 staff and 48 subcontractors. This will grow to over 1,500 users and 80 companies on the system in 2022. Training, clear communication of the benefits, and empowering site engineers to become the ‘owners’ of elements of the system have all helped embed the project.

 

Initial successes shared with more to come

The inspection and test plan sign-off process has been reduced from 21 days to 4, the panel revealed, and there has been a 90% reduction in time spent completing forms. All key milestones were met during Covid, confirming how, with the right technology in place, it’s possible to satisfy the customer, even during a pandemic.

Final thoughts to round off the presentation focused on what has underpinned such achievements, and a simple equation was shared: Strategy + People + Platform = Success. Ongoing improvements continue to be seen, the speakers said, as this vast, ambitious infrastructure project powers towards completion.

 

Fill out the form here to watch the full video now.

To learn more about digital twin technology and how it can be used in infrastructure projects, book a demo with Zutec today.

9 Jul 2021 | News

What does the publication of the Building Safety Bill mean for developers and asset owners?

On Monday 5th July, the long-awaited Building Safety Bill was finally published and simultaneously announced in parliament.

The Bill comes nearly 12 months after the draft Bill was published and 4 years after the Grenfell Tower tragedy, which forced the nation to address its wholly inadequate building and fire safety regimes.

The UK’s Housing Secretary, Robert Jenrick said that the Bill will “reassure the vast majority of residents” and provide “essential oversight at every stage of a building’s lifecycle from design, construction, completion to occupation.”

Those working within AECO (architecture, engineering, construction and operation) will already be familiar with many of the details outlined in the draft Bill. However, it is yet to be clarified exactly how many elements of Dame Judith Hackitt’s review and the resulting Building Safety Bill will be practically implemented.

Tom Boland, our Global Head of Digitalisation said: “Building owners and contractors alike are waiting for clarity around the new regulations and their own obligations, and the industry desperately needs this to accelerate the rebuilding of trust with buyers and tenants.”

 

Massive implications for construction and management of HRRBs

What is known for sure is that the Bill will have massive implications for those involved in the development, construction and management of multi-occupancy residences which exceed 18m in height or 7 storeys.

These so called HRRBs (High Risk Residential Buildings) have been placed under necessary scrutiny in recent years, with a £5bn fund created as part of the Building Safety Programme to support vital remediation work, including the removal of dangerous cladding.

Despite the existence of the fund, many residents are still facing hefty bills for repairs and renovations. Moreover, there has been a spate of reports about leaseholders in HRRBs who are unable to value, remortgage or sell their properties due to difficulties in obtaining the necessary safety certificates, known as ESW1s.

 

Time period for construction and refurbishment remediation extended

Perhaps in response to this situation, the publication of the Bill makes it clear that the time scale in which a leaseholder can sue a developer for repairs has more than doubled from 6 years, to 15. This development (made possible through an amendment to the existing Defective Premises Act 1972) is what has been grabbing most of the headlines this week.

However, the implications of the Bill for developers and asset owners go much further:

  • Accountability – Clearer responsibility will be placed upon stakeholders throughout the building lifecycle, with the introduction of ‘duty holders’ during design and construction and a ‘responsible person’ during the facilities management term.
  • Tougher sanctions – Alongside clearer accountability, tougher sanctions including criminal prosecution will be issued for those who fail to meet new responsibilities.
  • The Building Safety Regulator – A new regulatory body, the Building Safety Regulator, is at the heart of the Bill. It will be established by HSE to enforce and uphold the new regime.
  • The gateway system – The government has defined three separate gateway points – these are the points at which the building owner must demonstrate compliance during the pre-planning, pre-construction and pre-occupation phases.
  • The golden thread – A digital ‘golden thread’ of information will be required throughout the design and construction of any new development. This information will need to be handed over to the asset owner on completion and will help establish permanent transparency and accountability.

 

Developers and asset owners need to act now

Gateway one comes into effect from the 1st August 2021. It affects pre-planning and will require developers to include fire statements in their applications, as well as considering things like emergency access and water supplies for firefighting.

The wheels are already in motion for the Building Safety Bill and as more of the new legislation is passed, the responsibilities faced by stakeholders are going to become more and more significant. Asset Lifecycle Information Management, communication and transparency will become more vital to compliance than ever and Tom Boland says digital tools have a key role to play in facilitating those things.

“Now is the time for any companies without a digital plan to put one in place,” he says.

Find out how Zutec can support your organisation with our Asset Lifecyle Information Management systems. Request a Demo.

19 Apr 2021 | News / Press Releases

Zutec Acquires Createmaster for SEK 50.2 million – a Leading U.K. Cloud and Services Platform for Main Contractors and Developers

Dublin, Ireland, 19 April 2021 – Zutec Holding AB (publ) (“Zutec”) has today acquired all outstanding shares in Createmaster Limited (“Createmaster”) from Brian Dodsworth & Jane Ann Dodsworth (the “Transaction”). Createmaster, based in London, UK and founded in 2002, is a leading construction platform for main contractors and developers. On a preliminary basis, Createmaster had net sales of GBP 3.7 (SEK 43.0) million and EBITDA of GBP 0.3 (SEK 4.5) million during the twelve months period ending 31 December 2020. Createmaster has demonstrated impressive annual growth over the past 10 years in excess of 25% p.a. and consistent double-digit EBITDA margins.

The initial consideration consists of an initial cash consideration of GBP 2.4 (SEK 28.1) million and 1,836,229 newly issued Zutec shares (equivalent to GBP 0.95 (SEK 11.0) million). Subject to fulfilment of agreed financial targets in the next two years, an additional cash consideration of maximum GBP 0.95 (SEK11.1) million may be paid at the end of year 2. Zutec will assume Createmaster’s existing cash of GBP 0.5 (SEK 5.8) million and interest-bearing debt of GBP 0.5 (SEK 5.8) million.

Gustave Geisendorf, CEO of Zutec: ”The acquisition of Createmaster is transformational for Zutec and Createmaster fits all of Zutec’s criteria for a strategic acquisition; Createmaster has scale, strong brands, leading market positions in one of our four defined home markets, same focus as Zutec in the construction value chain, provides complimentary products and services, well-established customer base, strong and dedicated management team and compelling financials. We are thrilled to welcome Brian and his team to Zutec to continue the very exciting journey that Createmaster has already started.”

Brian Dodsworth, MD of Createmaster: ”The acquisition of Createmaster by Zutec, unites complimentary, best in breed, product and service propositions and provides greater access to markets, knowledge and resources that means in working together we’ll deliver market leading levels of service to all our customers, in the maturing digital construction marketplace.   We look forward to joining and working with Gustave and his team, as our journey continues.”

 

Background and strategic rationale

Createmaster was founded in 2002 and is to date fully owned by Brian Dodsworth & Jane Ann Dodsworth. Createmaster is based in London, UK with over 70 employees in total and caters exclusively to the U.K. market. Createmaster offers a leading Cloud-based platform for handovers for main contractors and developers, providing unparalleled knowledge of UK contractors’ digitisation journey. Createmaster focuses primarily on the handover and documentation phase of the construction value chain, where Createmaster is estimated to have a c. 10% share of the UK new construction market. With a strong management team lead by Brian Dodsworth, Createmaster has achieved consistent double-digit and profitable annual net sales growth. Createmaster will operate as an entity under Zutec and will continue being managed by Brian Dodsworth. Createmaster has a diversified Tier 1 customer list including a large number of major UK contractors.

  • The acquisition provides Zutec with a leading platform in the UK market and increases Zutec’s UK market share from below 1% to over 10%.
  • Substantially increase the scale of Zutec from net sales of SEK 33.0 million to proforma net sales of SEK 76.0 million.
  • Createmaster adds DocumentPark and Resi-sense to Zutec’s product portfolio. DocumentPark is a cloud-based platform for contractors providing handover data to owners. Resi-sense is a cloud-based platform for building owners providing digital home user guides.
  • Ability for Zutec and Createmaster to cross-sell each platform providing complimentary functionality and benefits.
  • The acquisition will serve as a key steppingstone for further similar acquisitions in Zutec’s home markets.

 

 

Transaction structure

Createmaster will be operating as a subsidiary of Zutec Holding AB. The consideration of the Transaction has been paid as an upfront consideration and a sales based earn-out.

Initial consideration as follows:

  • Initial cash consideration of GBP 2.4 million, and
  • 1,836,229 newly issued Zutec shares at a subscription price of SEK 6.00 per share, which is equivalent to a consideration of GBP 0.95 (SEK 11.0) million. 50% of the newly issued shares will be subject to a lock-up agreement for 12 months and 50% subject to a lock-up agreement for 24 months. The total number of outstanding shares will after the Transaction amount to 46,090,618 shares, equivalent to a 4.1% increase.

Sales based earn-out consideration as follows:

  • Earn-out consideration to be a maximum of GBP 0.95 (SEK 11.1) million in case sales growth of Createmaster exceeds 10% p.a;
  • Earn-out period is for the period starting July 1, 2021 and two years thereafter;
  • Earn out  will be paid in one instalment in cash after year 2.

 

Completion of the transaction

The Transaction has completed and Createmaster has been consolidated into Zutec. The initial cash consideration and transaction expenses will be financed with existing cash resources.

Walker Morris and Eversheds Sutherland acted as legal advisors to Zutec in the Transaction.

 

For further information, please contact

Gustave Geisendorf, CEO

Tel: +353 1 21 3565

Email: gustave.geisendorf@zutec.com

This is information that Zutec Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on April 19, 2021 at [8.30] CET.

 

About Zutec

Zutec is a provider of cloud-based construction management software with offices in Dublin, London and Melbourne. Zutec Holding AB (publ) is listed on Nasdaq First North Growth Market and Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se,  www.redeye.se).

 

Createmaster’s financials have been restated from UK GAAP to IFRS. Pro forma financials are based on the last twelve months (LTM) period ending 31 December 2020 and the last three month period ending 31 December 2020. Createmaster’s current financial year-end of 31 May will be changed to 30 June, as part of the acquisition.

22 Jan 2021 | News

Zutec Awarded ISO 27001 Certification

Share

Data security is becoming an increasingly essential aspect of construction. Central to planning and design, right through to handover, construction revolves around data security and integrity.

So, it’s reassuring to learn that Zutec has been awarded ISO 27001 certification.

What is ISO 27001?

ISO 27001 is the global standard for managing risks associated with data and information. To qualify for ISO 27001 certification, companies must demonstrate that their information security management systems (ISMS) effectively mitigate the risks of things like cyber-attacks, data leaks and theft.

Quite simply, this means that you can trust ISO certified companies (such as Zutec) and their personnel to handle data on your behalf.

Why worry about data security?  

Any organisation that handles large amounts of data for other companies should be implementing ISMS to ensure that the data they hold is secure. If their systems and internal processes are adequate, you would expect them to hold ISO 27001 certification to illustrate their competence.

But why worry?

Winning business

For a start, many strategic or governmental projects mandate that your data management systems are ISO 27001 certified. If they are not, you might be blowing your chances at landing these kinds of lucrative projects.

But its not just business opportunities you should be thinking about.

Data protection and privacy

If your company operates within the EU, you’ll already be aware of GDPR (General Data Protection Regulation). The EU’s GDPR stipulates that any organisation, whatever its size, has a legal obligation to protect any personal data they hold. GDPR has been described as ‘the strictest data privacy law in the world’, as evidenced by the fines for non-compliance.

Serious infringements can be met with fines of up to €20m or 4% of the previous year’s revenue. And data protection is not unique to the EU. In Australia, serious infringements of The Privacy Act (1988) can result in fines of up to $2.1m, while in the US, a complicated mosaic of state and federal laws dictate how personal data must be handled.

Using an ISO 27001 certified company to manage your construction data protects your company, your assets, your shareholders and directors from the potentially lethal costs of data breaches.

Ransomware attacks

So, data security can be important in securing project contracts – and vital for legal compliance – but there’s more. With increasing frequency, construction is being targeted by hackers.

Things like client databases, blueprints and intellectual property rights hold tremendous value and are all vulnerable from a data security perspective.

Canadian company, Bird Construction, French giant Bouygues Construction, and US firm EMCOR Group have all been subjected to ransomware attacks in the last 18 months.

Such attacks can cripple companies of all sizes. According to a report by Osterman Research, 22% of businesses with less than 1,000 employees that experienced a ransomware attack in the last year had to stop business operations immediately, with 15% losing revenue.

Are you protected?

Reading this, you might assume that any construction management software company would implement ISMS and proudly hold ISO 27001 certification. It seems like a no-brainer.

Surprisingly, that’s not the case.

Many of the systems on the market rely upon their hosting companies to implement ISMS and as such, fall short of data security compliance.

Our advice? Check whether your data management supplier holds ISO 27001 certification. If they don’t, move over to a platform that does.

Choose Zutec

Zutec are the experts in construction management systems. With Zutec modules, you not only streamline your processes and save money, you also get the peace of mind that your data (or more accurately, other people’s data that you are handling) is secure.

Protect yourself, protect your project data.

Contact Zutec now for a free consultation.

15 Oct 2020 | News

We Are On G-Cloud 12

Share

Data security is becoming an increasingly essential aspect of construction. Central to planning and design, right through to handover, construction revolves around data security and integrity.

So, it’s reassuring to learn that Zutec has been awarded ISO 27001 certification.

What is ISO 27001?

ISO 27001 is the global standard for managing risks associated with data and information. To qualify for ISO 27001 certification, companies must demonstrate that their information security management systems (ISMS) effectively mitigate the risks of things like cyber-attacks, data leaks and theft.

Quite simply, this means that you can trust ISO certified companies (such as Zutec) and their personnel to handle data on your behalf.

Why worry about data security?  

Any organisation that handles large amounts of data for other companies should be implementing ISMS to ensure that the data they hold is secure. If their systems and internal processes are adequate, you would expect them to hold ISO 27001 certification to illustrate their competence.

But why worry?

Winning business

For a start, many strategic or governmental projects mandate that your data management systems are ISO 27001 certified. If they are not, you might be blowing your chances at landing these kinds of lucrative projects.

But its not just business opportunities you should be thinking about.

Data protection and privacy

If your company operates within the EU, you’ll already be aware of GDPR (General Data Protection Regulation). The EU’s GDPR stipulates that any organisation, whatever its size, has a legal obligation to protect any personal data they hold. GDPR has been described as ‘the strictest data privacy law in the world’, as evidenced by the fines for non-compliance.

Serious infringements can be met with fines of up to €20m or 4% of the previous year’s revenue. And data protection is not unique to the EU. In Australia, serious infringements of The Privacy Act (1988) can result in fines of up to $2.1m, while in the US, a complicated mosaic of state and federal laws dictate how personal data must be handled.

Using an ISO 27001 certified company to manage your construction data protects your company, your assets, your shareholders and directors from the potentially lethal costs of data breaches.

Ransomware attacks

So, data security can be important in securing project contracts – and vital for legal compliance – but there’s more. With increasing frequency, construction is being targeted by hackers.

Things like client databases, blueprints and intellectual property rights hold tremendous value and are all vulnerable from a data security perspective.

Canadian company, Bird Construction, French giant Bouygues Construction, and US firm EMCOR Group have all been subjected to ransomware attacks in the last 18 months.

Such attacks can cripple companies of all sizes. According to a report by Osterman Research, 22% of businesses with less than 1,000 employees that experienced a ransomware attack in the last year had to stop business operations immediately, with 15% losing revenue.

Are you protected?

Reading this, you might assume that any construction management software company would implement ISMS and proudly hold ISO 27001 certification. It seems like a no-brainer.

Surprisingly, that’s not the case.

Many of the systems on the market rely upon their hosting companies to implement ISMS and as such, fall short of data security compliance.

Our advice? Check whether your data management supplier holds ISO 27001 certification. If they don’t, move over to a platform that does.

Choose Zutec

Zutec are the experts in construction management systems. With Zutec modules, you not only streamline your processes and save money, you also get the peace of mind that your data (or more accurately, other people’s data that you are handling) is secure.

Protect yourself, protect your project data.

Contact Zutec now for a free consultation.

Join the Zutec mailing list

You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices, please review our Privacy Policy.