RIB Software AG (RSTA) signs a Phase III Enterprise Licence Deal with Deutsche Bahn for iTWO 5D Software

October 13, 2014 - Corporate News

Stuttgart, Germany, 13 October 2014. Deutsche Bahn (German Railway) a leading infrastructure provider for mobility and logistics worldwide, running a “Gross Investments” (CAPEX) of > 10 Billion USD p.a. (> 8 Billion Euro) within more than 10,000 small, mid and large infrastructure and construction investments each year. DB heralded as one of the best European employers with around 300,000 employees and supported by more than 1000 contractors and consultants working, DB is one of the biggest companies and investors in the EU.

Thomas Wolf, CEO of RIB Software AG: “We are proud to serve for the No.1 infrastructure investor in Europe and support Deutsche Bahn (DB) to become the most advanced and technology driven infrastructure provider for mobility and logistics in the world. Most important the iTWO new working method and new thinking will support DB 2020 profitable growth, Resource preservation, higher quality and client and employee satisfaction targets.“

Dr. Hans-Peter Sanio, CTO of RIB Software AG: “We are looking forward to one of our most important technology partnerships in the world. With the integration of the virtual into the physical construction process (iTWO 5D Technology) DB can become one of the most modern companies in the 21. Century.”

Michael Sauer, CFO of RIB Software AG: “We have confirmed our capacity in H2 for the enterprise-wide implementation of iTWO 5D technology within the construction related group entities of the Deutsche Bahn and we are very proud and satisfied, that we can deliver this record deal within planned schedule. Our target is to reach quick wins in time and cost savings for DB in the first iTWO 5D end to end projects.”

Eric von Stebut, Vice President Sales of RIB Software AG: “»Running together« with the DB Team means for our team »a dream has come true«. We have worked very hard to reach this important milestone. We will not rest before the Deutsche Bahn will have achieved the global technology leadership in virtual design and construction.”

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 700 talents located in over 30 offices worldwide, RIB is serving 100,000 clients 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