RIB Software AG (RSTA) successfully held the third iTWO World Conference in Hong Kong

November 26, 2015 - Corporate News
Hong Kong, China, 26 November 2015. RIB Software AG, the world’s leading provider of 5D BIM Big Data technology for the construction industry, has successfully held its third world conference – iTWO World 2015, from November 18th to 20th in Hong Kong. Innovation Transformation Management was the key topic, which was presented and discussed to stress the importance of management transformation in construction companies to fully implement 5D BIM technology from the design phase to the whole project lifecycle management. The conference has also highlighted iTWO 4.0, iTWO Course at top global universities, construction industrialization, and iTWO City urban planning.

The third conference – iTWO World 2015 – has brought together more than 200 visionaries from 20 countries, including general contractors, developers, owners, investors, governments, universities, media and strategic partners etc. 12 iTWO technology partners presented their progress over the last year with real world case studies. Four Universities presented their scientific and research cooperation with RIB, iTWO course and iTWO City urban planning. Munich Re presented the world’s first IT based project cost insurance – iTWO PCI.

Hong Kong Manifesto was once again signed by iTWO visionaries to show their support for iTWO New Thinking, New Working and New Technology, and their commitment to the vision of transforming construction to one of the most advanced industry with iTWO technology.

Podium discussion was moderated by Prof. Joaquim Diaz from Technische Hochschule Mittelhessen and by Professor Martin Fischer from Stanford University. During the gala dinner, 18 iTWO Awards were selected and presented for outstanding iTWO practice based on Stanford University research.

On the third day of the conference a hands-on lab session has been held in the University of Hong Kong to introduce iTWO technology in a collaborative lab environment and offer hands-on experiences to participants.

The iTWO community was formed in November 2013 during the first conference in Hong Kong. Last year, more visionaries from different countries have joined the iTWO community to run together in this transformation journey. With iTWO World 2015 RIB Software AG looks back on a successful continuation of the annual global iTWO community gathering. In the new era of industry 4.0, iTWO has been developed to integrate plan and design, construction and production, operation and maintenance into a life cycle cloud based solution. Aligning with iTWO factory, prefabrication technology and logistic technology, iTWO 4.0 will create an intelligent construction eco-system which will greatly increase the efficiency of 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