Stuttgart, Germany, 30 June 2014. RIB Software AG and BAM Deutschland AG have concluded a Phase II Agreement for the launch of the RIB iTWO software solution for the management of construction processes. BAM is one of the leading German construction companies. As a subsidiary of the Dutch Royal BAM Group with an annual turnover of around seven billion euros, it is one of the largest construction groups in Europe.
With BAM Deutschland one of the most important providers on the German construction market is embracing the high standard of the 5D end-to-end technology of iTWO in order to support its core business processes, namely the planning and construction, as well as the thorough conversion and up-grading of large turn-key projects in line with leading-edge IT standards.
“We are pleased that BAM Deutschland has also paved the way for a partnership founded on trust with RIB. Just as we have already very successfully implemented with the several other major clients, together we want to create the preconditions for realising high added-value potential through the highly efficient management of planning and construction processes on the basis of the iTWO platform technology”, explained Michael Sauer, CFO of RIB Software AG.
About BAM Deutschland
BAM Germany AG is one of Germany’s leading construction companies in turn-key construction. The core competencies of BAM Germany include the planning and construction of major projects. Together with its subsidiaries BAM Real Estate Services GmbH, BAM Sports GmbH and BAM Swiss AG, BAM Germany offers additional highly specialized services. These include the construction and operation of stadiums and multifunctional arenas and efficient facility management services.
RIB Software SE is an innovator in construction business. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. Its flagship product iTWO 4.0 is the world’s first 5D BIM enterprise cloud solution for construction companies, industrial companies, developers and project owners, etc. Since its inception in 1961, RIB Software SE has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With more than 900 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.