RIB Software AG (RSTA) signs a phase II iTWO contract (No. 15 / 2015) with one of the largest European telecommunication companies

August 4, 2015 - Corporate News
Stuttgart, Germany, 04 August 2015. RIB Software AG, the world’s leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of the 15th phase II iTWO contract of a planned 25 in the current financial year 2015 (financial year 2014: 14). The contract was signed with one of the largest telecommunication companies in Europe.

Operating one of the biggest communications network in Europe the leading telecommunications and information technology service-company is one of the largest European construction clients. This results from expanding and upgrading the network constantly. In this context, handling these projects as efficient and profitable as possible is of primary importance.

Erik von Stebut, Managing Director of RIB Group commented: “iTWO ensures that the high requirements and standards in network expansion are handled efficiently. In that regard iTWO is also well connected to the internal commercial and accounting system which guarantees continuous processes without any media discontinuity.”

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.

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