RIB Software AG (RIB) signs a Phase II iTWO contract with a worldwide leading technology company

February 16, 2016 - Corporate News
Stuttgart, Germany, 16 February 2016. RIB Software AG, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the award a Phase II iTWO 5D Deal with one of the world’s leading European technology companies. The contract which has a volume of around € 1.8 million affects one business unit of the company and serves as an example of best practice for a possible company-wide implementation.

The European-based technology company acts worldwide and takes a leading role in systems for power generation and medical engineering with special attention being paid to the digitization and automation of various fields.

About RIB

RIB Software SE is an innovator in construction business. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in iTWO³ – new thinking, new work and new technology – to enhance construction productivity, and to transform the global construction industry into the most advanced and digitalized industry in the 21st century. RIB iTWO today is the world’s first Cloud / License based Big Data 5D BIM enterprise solution for construction, real-estate and industrial business.

RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With about over 1,000 talents in over 30 offices worldwide, RIB is serving 100,000 users including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.

© 2017 RIB Software SE