RIB Successfully Held the 5th iTWO World Conference and Announced Initiative for the World’s First Vertical Cloud and AI

November 16, 2017 - Corporate News

Nov. 16, Guangzhou, China

iTWO World Conference 2017 themed “Shape the Digital Future with Vertical Cloud and AI” took place in Guangzhou, China. The 3-day event welcomed more than 500 Construction and Real Estate industry leading corporations, universities, industry experts and thought leaders from around 30 countries to discuss the latest industry trends, share iTWO worldwide success cases, explore AI, vertical cloud and VR that are going to dramatically change the way the industry works.

Mr. Thomas Wolf, the CEO and Chairman of RIB, shared at his keynote speech “Hey TWO!” the vision for the building and construction industry in the age of Internet of Things, and how RIB will support clients on their digitalization journey. He unveiled RIB’s initiative to develop the world’s first vertical cloud and AI, which offers infinite cloud computing and artificial intelligence power.

With the world undergoing major disruptions brought on by emergent technologies and new market forces, the world’s first vertical AI, McTWO, will integrate industry-leading solutions from RIB, machine learning and vertical cloud into one artificial intelligence engineer, allowing clients to further save time, reduce costs, increase efficiency, and enhance performance. McTWO will be the first Artificial Engineer to assist human engineers in the future to dramatically increase productivity.

Throughout the event, iTWO World attendees saw how their peers are using transformative iTWO 5D BIM solutions for the digital transformation journey, the speakers from world-leading construction companies, universities, and consultancies tapped into trendy topics such as “prefabrication”, “smart production”, “digital construction”, “smart logistics”, “smart city”, “project reinsurance”, and “iTWO implementation”.

The RIB R&D team unveiled advanced iTWO 3D, which seamlessly connects iTWO platform and Autodesk Revit; VR (Hololens), which brings immersive experience, changing the way the industry professionals communicate with their clients; iTWO China localization, iTWO and YTWO mobile solutions, RIB SAA smart production solution.

In addition to the keynotes, the conference initiated in-depth discussions between the speakers and attendees on technologies innovations, prefabrication, and smart logistics. Participants engaged interactive hands-on sessions at Guangzhou iTWO 5D Lab, where they can feel the beauty of cutting edge iTWO technologies and virtual reality.

At his closing speech, Mr. Thomas Wolf stressed that in the era of emergent technologies, vertical cloud and AI initiative is absolutely necessary. “We all have to undertake the digital transformation process”, he explains that although the enterprises don’t feel the demand at the moment, yet it takes time to develop, “We have to make sure that our community survives and wins the market”.

Launching the vertical cloud and AI strategy needs collective efforts and RIB is looking to teaming up with innovative partners to kick off the vertical cloud and AI project. “To make the AI visible” to address the needs of the building and construction industries to help enterprises go digital and go cloud. “Our iTWO Community should be the community that leads the market.”

 

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